La Verne Real Estate Market Watch - March 8-14, 2012
Okay, so here are La Verne Real Estate Market statistics for this week - and they seem interesting!
This week there are ten new listings, it seems to be picking up from this time last month when there were only eight. Tis the season and all that! Five sold this week in La Verne, and that's an okay number. Eight went into escrow which means that in approximately 30-60 days we should have eight more that sold. Looks like the La Verne Real Estate Market is picking up.
Six homes were placed back on the market and three have moved into back up status. Usually the homes that go back on the market are homes where the buyer has either had to wait too long and backed out of the deal, or can't get the loan they need to complete the purchase. The banks have been working on the timing part, but the new procedures are not helping a lot yet.
This week there were twelve price changes. With the shrinking inventory of homes to be sold, this is still a huge figure. I think it's a skill that many agents need to work on and at this point we can't blame all of those changes on the banks as they are starting to be more reasonable.
I try to stay on top of the communities I serve and be a local expert for all of them. So if you are interested in buying or selling a home, or if you simply have real estate questions, please feel free to contact me. I will be more than happy to assist you!
**All information is taken from the IMRMLS.
Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website
Linda K. Mayer,
Realtor, Office Manager
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website
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