Really, we Have to Go HOW High?

Really, we Have to Go HOW High?

Okay, so I am in the process of submitting an offer for a fabulous family.  They found the house they have always wanted at a decent price.  Sure, it needs some fixing up, but the issue is the price.  The offer we were to submit, that is before I spoke with the other agent, was $33,000 over asking... you would think, right!

But in speaking with the listing agent, he said he already has five, yes five offers over what we were thinking of coming in with.  We would have to be nearly $70,000 over asking to be the top contender. Really, we have to go HOW high?

So for those of you doubting that the bidding wars are back, I would say, "The bidding wars are back with a vengance!"  It seems to be way worse this time around.  Maybe because of the lower interest rates, maybe because some people jumped on this housing band wagon way too late and still want in.  Who knows.

All I can tell you is, if you are thinking of buying right now, be prepared to go really high.  And if you are thinking of selling, what's the wait - get in on this action before it goes away!

If you are thinking of selling, or buying for that matter, please always contact a local expert for the area so they know how to advise you.  All real estate is local down to the neighborhood still and so you need someone who knows what's what.  I stay on top of the cities I serve in the SoCal 210 Corridor as you can see and will be more than happy to help you with your real estate needs whether that be to answer any question you may have or give you a free home evaluation. And ALWAYS go with a Realtor you can trust!

Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,
Linda K. Mayer, Realtor, SRES
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com 
Linda's Website (Home Search
Reliable Senior Help

So Many Things to Blog, So Little Time

So Many Things to Blog, So Little Time

Okay, so, two months later, she comes back swinging.  Yes, I can FINALLY walk and show homes.  And I didn't really blog much due to the fact that pain meds really do mess with your mind - badly.

So now, I can think of a bunch of things to say.

1.  I am in Oklahoma City, OK.  I came with my husband as he has a two-week class.  Why in the world the government put all the FAA classes in OKC, I will never know.  But the compund is impressive and a bit like Fort Knox.

2. Yes, I AM working from here.  I actually have clients coming in next week from Washington State and have been on the phone and email with themevery since I arrived here.  I am excited to be back up and running (well, that's a total figure of speech!) The doctor said the swelling in my foot won't go down for about a year.  But, hey, what's flip flops for a year compared to not walking!  Oh, and did I mention the Oklahoma State Fair is here right now!

3.  The housing market reports are looking really good.  However, when you look below the surface on things such as pricing, there isn't as rosey a picture.  Take the areas I work in: There has been an inventory shortage of houses on the market.  This has once again started many a bidding war and driven prices up a bit as reflected in the reports.  But really, when the banks start unloading their vast supply of bad loans (foreclosures and short sales) which Obama said had to be done by 2014, the market will once again be flooded and in turn the prices will once again drop.  Check out this article!

Anyways, more to come in future blogs.  Stay tuned for adventures in OKC and more real estate news.

And if you are thinking of moving, definitely pick a local expert and someone you can trust.  I will be more than happy to answer your questions or help you with your real estate needs.

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