Claremont Market Watch - May 24-30, 2013

Claremont Market Watch - May 24-30, 2013

Okay, so I know I have been away for a couple of weeks, but I was visiting my son in NoCal. It was his birthday and he was commissioned as a youth pastor at a church while we were up there.  Such an exciting time in his life!

Now, let's get down to it.  This week in Claremont only 14 new listings came on the market.  A huge number of people finally deciding it's time to move.  It looks like folks here in Claremont are getting the news about price going up, up and away!

There were 11 homes that went pending (into the escrow process) and 9 sold homes this past week.  One listing expired and 2 more have gone into back-up which means an original offer has been accepted and they are simply taking back up offers in case the first one backs out or falls out.  Pretty smart in these crazy real estate times.

So in recap, only 14 homes came into the Claremont market and when you take into consideration the 2 backup, 1 expired, 11 pending and 9 sold (a total of 23) you can see that Claremont is picking up the pace and yet a sellers market.

When you are thinking of buying or selling a home, contact me, a local expert.  All real estate is local down to the neighborhood still and so you need someone who knows what's what in that area.  I stay on top of the cities I serve inthe SoCal 210 Corridor (such as Claremont, CA) as you can see and will be more than happy to help you with your real estate needs from free home valuations to answering questions and of course helping you buy a house or sell your home. FREE HOME VALUATION FOR THE MONTH OF JUNE.

**All statistics are taking from the IMRMLS.

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
Daily Senior News Articles 

Claremont Market Watch - May 8-14, 2013

Claremont Market Watch - May 8-14, 2013

Okay, so the last statistics have proven to you that it is definitely a SELLERS MARKET. But the trend is continuing here in this week's Claremont Market Watch.  

Last week, there were a total of 9 new listings.  Less inventory means higher prices and makes it a sellers market in Claremont.  When you compare this week's 9 to the 3 sold homes it doesn't show much of a picture here Claremont, CA .  But if you read on, you will find that it is still a sellers market in Claremont, CA.  

What does this mean to you if you want to sell?  This means that your home will be sold in a short period of time and many times will sell for more than the asking price.  Naturally, this doesn't mean that you can price your home high and expect the same results.  But that's another whole blog.  This whole environment can cause bidding wars which can make the price of your home increase by quite a bit.

There were 5 price changes, and 4 more have gone into back-up status.  Back-up status means that the home has an accepted offer but for some reason they are preparing in case the buyer backs out, or for some other reason like a short sale waiting on the bank's response. And when you figure in the 6 that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 6 pending, 3 sold, and 4 into back-up for a total of 13 homes off the market.  When you compare that to the 9 that came into the market, you can easily see why this is still a sellers market in Claremont, CA.  The listings are rising, but we are still a bit buyer heavy.  At least things are starting to turn around here.

If you are thinking of selling in the SoCal 210 Corridor, please call me for a free home valuation during the month of May.  And if you have real estate question, or other real estate needs, please don't hesitate to call me. I will be honored to help you.

**All statistics are taking from the IMRMLS. Reflects the week of May 8-14, 2013

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
Daily Senior News Articles 

IS It Still A Sellers Market in Claremont, CA

IS It Still A Sellers Market in Claremont, CA

Okay, so the last statistics have proven to you that it is definitely a SELLERS MARKET.  But the trend is continuing and even growing here in Claremont, CA.  

Last week, there were a total of 9 new listings.  Less inventory means higher prices and makes it a sellers market.  When you compare this week's 9 to the 8 sold homes you can see that there aren't going to be many homes on the market for very long and will be sold for higher prices due to supply and demand.  

What does this mean to you if you want to sell?  This means that your home will be sold in a short period of time and many times will sell for more than the asking price.  Naturally, this doesn't mean that you can price your home high and expect the same results.  But that's another whole blog.  This whole environment can cause bidding wars which can make the price of your home increase by quite a bit.

There were 5 price changes, and 8 more have gone into back-up status.  Back-up status means that the home has an accepted offer but for some reason they are preparing in case the buyer backs out, or for some other reason like a short sale waiting on the bank's response. And when you figure in the 5 that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 5 pending, 8 sold, and 8 into back-up for a total of 21 homes off the market.  When you compare that to the measly 9 that came into the market, you can easily see why this is a sellers market in Claremont, CA.

If you are thinking of selling in the SoCal 210 Corridor, please call me for a free home valuation during the month of May.  And if you have real estate question, or other real estate needs, please don't hesitate to call me. I will be honored to help you.

**All statistics are taking from the IMRMLS. Reflects the week of May 1-8, 2013

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
Daily Senior News Articles 

Claremont Market Stats, April 16-23, 2013

Claremont Market Stats, April 16-23, 2013

Written BY: The Barefoot Realtor

New Listing (8)
Price Change (5)
Back On Market (0)
Backup Offer (3)
Expired (0)
Pending (9)
Sold (2)

Okay, so the last statistics have proven to you that it is definitely a SELLERS MARKET.  But the trend is continuing here in Claremont, CA.  It is somewhat calming down, but you can see from the chart above that things are calming down and hopefully in the next couple of months there will be a whole lot more homes on the market.

Last week, there were a total of 8 new listings in the City of Claremont.  When you compare this week's 8 listings to the 2 sold homes it doesn't give you enough of a picture.  But when you combine the 2 sold with 9 more pending, that's 11 and you can see that there aren't going to be many homes on the market for very long. 

What does this mean to you if you want to sell?  This means that your home can be sold in a short period of time and many times will sell for more than the asking price.  Naturally, this doesn't mean that you can price your home high and expect the same results.  But that's another whole blog.  This whole environment can cause bidding wars which can make the price of your home increase. For a good case in point on this, please read this short story.  Really, We Have To Go HOW High?

There were 5 price changes, this usually this means lowering of the asking price and 5 more have gone into back-up status.  Back-up status means that the home has an accepted offer but for some reason they are preparing in case the buyer backs out, or for some other reason like a short sale waiting on the bank's response.

So, in recap, 9 pending, 2 sold, and 3 into back-up for a total of 14 homes off the market.  When you compare that to the measly 8 that came into the market, you can easily see why this is a great time to get top dollar for your home.

When you are thinking of buying or selling a home, contact me, a local expert.  All real estate is local down to the neighborhood still and so you need someone who knows what's what in that area.  I stay on top of the cities I serve in the SoCal 210 Corridor (such as Claremont, CA) as you can see and will be more than happy to help you with your real estate needs from free home valuations to answering questions and of course helping you buy a house or sell your home. 

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

Why It is STILL a Sellers Market in Claremont, CA

Why It is STILL a Sellers Market in Claremont, CA

Okay, so the last statistics have proven to you that it is definitely a SELLERS MARKET.  But the trend is continuing and even growing here in Claremont, CA.  

Last week, there were a total of 8 new listings.  Last time there were 7 new listings and now we are up to 8.  When you compare this week's 8 to the 9 sold homes you can see that there aren't going to be many homes on the market for very long.  

What does this mean to you if you want to sell?  This means that your home can be sold in a short period of time and many times will sell for more than the asking price.  Naturally, this doesn't mean that you can price your home high and expect the same results.  But that's another whole blog.  This whole environment can cause bidding wars which can make the price of your home increase.

There were 7 price changes, usually this means lowering of the asking price and 5 more have gone into back-up status.  Back-up status means that the home has an accepted offer but for some reason they are preparing in case the buyer backs out, or for some other reason like a short sale waiting on the bank's response.

When you figure in the 7 that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 5 pending, 9 sold, and 6 into back-up for a total of 20 homes off the market.  When you compare that to the measly 8 that came into the market, you can easily see why this is a great time to get top dollar for your home.

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 (such as Claremont, CA) 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 valuation. 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
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website

Claremont Summer Reading Program Kick-off June 20

Claremont Summer Reading Program Kick-off June 20

Okay, I still love BOOKS!  My mother was a teacher and every night she read to me when I was little.  Then I started reading to her.  We shared many books such as Charlie and the Chocolate Factory and Charlie and the Great Glass Elevator.  Shoot, those vermiscious knids gave me some scary nightmares.  Our kids need to read so they can picture this stuff in their own imagination instead of losing it by playing video games and watching tv.  But that's another story for yet another day.

So, with all that being said, there is good news for the kids of Claremont!  The summer reading program at the Claremont Library will begin on Wednesday, June 20 and kids can come sign up from 1PM to 7PM.  There will be a puppet show at 3PM featuring "Sleeping Beauty in Outer Space".  How's that for getting both boys and girls interested!

Last year's summer reading program in Claremont had 702 children participating for a total of 4,448 hours of reading.  Folks, that's 4,448 hours of using their imaginations instead of watching tv or playing video games!  Just think if all the kids around would do this! (I know, I use exclamation points way too much.)  

You can read more about Claremont Library's Summer Reading Program by clicking HERE.

And if you are thinking of moving into the area, 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

Archaeology and the 210 Corridor

Archaeology and the 210 Corridor

Okay, so   I've never really been much into history or archeology.  My son Erik has always wanted to go on digs and make a living this way, but alas, he's probably going to be what his dad is, an air traffic controller.  However, I DID get really excited about this team from Azusa Pacific University (APU) who is going on a dig in Israel. (My mom got her Master's from APU.)  

Why did I get excited, you ask?  That's easy!  Because they are going to a Biblical part of Israel (Abel Beth Maachah) that nobody has ever dug in before! The reason for going is to find out what happened just before the area was taken over by Assyrian soldiers long, long ago. I'm so excited to see what comes from this, even though you know it will be an ongoing process for a long time.  And what an amazing opportunity for the kids who will get to experience this part of history for themselves! You can read more about the dig HERE.

What does that have to do with my real estate cities of Glendora, San Dimas, La Verne and Claremont (the 210 corridor)?  Azusa is next door to Glendora, one city away from San Dimas, two cities away from La Verne and three cities away from Claremont.  Many kids I know have gotten their degrees there and become amazing, contributing citizens in the area.

I can't stress enough how amazing this area and the people are.  This is an area where communities are involved, there are amazing school districts, world class colleges for your kids and much, much more.  We are an hour away from the beach, an hour away from the mountains, close to 3 major theme parks and the list goes on and on!

I try to stay on top of my entire area and be a local expert for the region.  So if you are interested in buying or selling in this area, or simply have real estate questions, please feel free to contact me.  I will be more than happy to assist you.

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

Claremont Real Estate Market Watch - April 17-23, 2012

Claremont Real Estate Market Watch - April 17-23, 2012

New Listing (8)   Price Change (7)   Back On Market (10)   Backup Offer (6)   Expired (2)   Pending (10)   Sold (10)

Okay, so here are Claremont Real Estate Market statistics for this week - and they seem to be picking up!

This week there are eight new listings in the city.  Ten sold this week in Claremont, and that number is moving along quite nicely.  The same number, ten, went into escrow which means that in approximately 30-60 days we should have ten more that sold.  Looks like the Claremont Real Estate Market is starting to move and shake. (A HA, move and shake, get it, California, earthquakes...!)

Ten homes were also placed back on the market and six 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 partand the new procedures are actually starting to have an affect on home sales.  Short sales vs foreclosures are moving toward short sale now!

This week there were seven price changes.  Before, a lot of this could be blamed on the banks changing their prices and taking such a long time that the prices were dropping before they were sold.  Now it's just that the agent has to price it right from the start to get it sold!

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

Claremont Contest Introduces Students to Construction

Okay, so I was reading an article and I thought this was a fantastic idea!  The National Association of Women in Construction came up with a great plan to introduce children to the creativity of building and construction.  On February 15, 2012 the group held a building block contest at Sumner Elementary School in Claremont.  

The contest consisted of 36 third graders who used 100 blocks and had 40 minutes to create buildings such as a hospital a power plant and other choices.  The kids could also use items such as string and foil to help with the project and the creativeness.  The hope of this contest is to encourage children to enter construction as a profession later in life.

You can read more about the contest, the winner and the solar entry HERE.

*Note:  Picture is not from this specific contest.

See what an amazing local community we have here. 

So if you are interested in information about buying or selling in Claremont or the surrounding cities, please feel free to give me a call, or text or email or...  I will be honored to answer your questions and help you.

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

Claremont Real Estate Market Watch - February 8-14, 2012

Claremont Real Estate Market Watch - February 8-14, 2012

 

Market Watch

New Listing (16)
Price Change (11)
Back On Market (6)
Backup Offer (3)
Expired (2)
Pending (4)
Sold (1)

 

Okay, so here are Claremont Real Estate Market statistics for this week - and they seem interesting!

This week there are sixteen new listings,which indicates that confidence is coming back.  Only one sold this week in Claremont, and that's not really a great sign.  Four went into escrow which means that in approximately 30-60 days we should have four more that sold.  Again, not a great number for the Claremont Real Estate Market.

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.

The fact that there is only one house that sold and four that have gone into escrow makes the number of price changes in Claremont huge!  Eleven!  Wow, 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

HIGHS AND LOWS - Claremont, CA - January 20, 2012

HIGHS AND LOWS - Claremont, CA - January 20, 2012

Okay, so here is today's report for the CLAREMONT, CA Real Estate Market.

SINGLE FAMILY RESIDENCE

Lowest Priced Home   $     152,000

Highest Priced Home   $  4,000,000

Average   $     549,000

Active Listings   116

Sold This Week  3

New Listings This Week  9

WHAT THIS MEANS TO YOU:  You now have more information about what's happening with the CLAREMONT REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget.  The average price in CLAREMONT this week is $549,000 which is lower than before.  Prices have fallen just a little bit, but it looks like they are starting to stabilize in this area.

The other thing you can learn from this information is the saturation rate of the existing active real estate listings.  The saturation rate is determined by the amount of sales in a week and the number of listings available for sale.  So in this case, there are 116 homes being actively marketed by Realtors for sale.  If you divide those 116 by the number of homes sold this week, in this case 3, you have your saturation rate.  This means that if you placed your home on the market to sell you can expect it to take a little over 38 weeks to complete the sale of your home.  That is if no other listings come into the real estate marketplace during that time.  And we all know how likely that is, now don't we...  In fact this past week there were 9 new listings.

HOW THIS AFFECTS YOU:  If your price is competitive and your home is in relatively decent shape you can have it sold in as little as one day or as much or more than the 38 weeks.  It also depends on the agent you are using.  The more aggressive your agent's marketing plan is for your home, the more exposure your home gets and you can see that would have a great impact.  It truly helps to have an agent that has an existing web presence since most people start their home search online.  On the other hand, if you use someone who merely puts your home on the MLS and does nothing more, it will most likely take a little more time to sell.  

If you are a buyer, this means you have a large selection to choose from and you have a better chance right now of getting an offer accepted.  Not to mention that the average home price has dropped in the last month making you as they buyer able to afford a better home.

CONDOS AND TOWNHOMES

Lowest   $   180,000

Highest   $ 702,688

Average   $ 300,000

Active Listings   14

Condos Sold This Week  1

New Listings This Week  0

So if the same holds true for CONDOS, then it would take approximately 14 weeks to sell your condo or townhome.  And a buyer has 14 to choose from right now.  It seems that during these trying economic times, people are really not doing much in the way of buying or selling condos.

Since I am local to the area, I work hard to be a local expert in CLAREMONT Real Estate.  The prices, the inventory and the trends so I can be a better agent for you.  However, it is not only real estate information that makes one a local expert.  There must also be knowledge of local events, schools and neighborhoods.

So if you are interested in buying or selling or simply have questions about real estate, please feel free to contact me.  I will be more than happy to assist you. Call me for your free home market analysis!

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website