Linda Kay -The Barefoot Realtor: free home valuation

Showing posts with label free home valuation. Show all posts

Wednesday, May 8, 2013

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
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Daily Senior News Articles

IS It Still A Sellers Market in La Verne, CA

IS It Still A Sellers Market in La Verne, 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 La Verne, CA.

Last week, there were a total of 6 new listings. Less inventory means higher prices and makes it a sellers market. When you compare this week's 6 to the 11 sold homes you can see that there aren't going to be many homes on the market for long.

There were 3 price changes, 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 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,11 sold, and 5 into back-up for a total of 21 homes off the market. When you compare that to the measly 6 that came into the market, you can easily see why this is a sellers market in La Verne, CA.

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

IS It Still A Seller Market in San Dimas, CA

IS It Still A Seller Market in San Dimas, 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 San Dimas, CA.

Last week, there were a total of 5 new listings. Less inventory means higher prices and makes it a sellers market. When you compare this week's 5 to the 9 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.

There were no price changes, and 3 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 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, 9 sold, and 3 into back-up for a total of 18 homes off the market. When you compare that to the measly 5 that came into the market, you can easily see why this is a sellers market in San Dimas, CA.

**All statistics are taking from the IMRMLS.

Wednesday, March 13, 2013

Millions Could be Helped By New Credit Score

Millions Could be Helped By New Credit Score

Okay, so I was reading yet ANOTHER article in CNN Money News. It was talking about the new credit score coming which will be called by the name VANTAGESCORE 3.0.

This new credit scoring system will help with many things. Two of them stood out in my mind. As I have kids the biggest benefit I can see is the fact that people with no or little credit will actually be rated and can by larger items they may normally have to have a cosigner for.

Citizens who have been in collections but have paid off that debt currently see those issues appearing on their credit score for up to seven years. Now, however, those will be wiped off as soon as they are paid off.

And for residents affected by natural disasters such as a major hurricane, will be able to benefit significantly from good credit behaviors. Things such as making payments even through the hardships of such an major life event.

"But the boost only matters if a lender uses the new VantageScore. While FICO is still the most widely used scoring model, the VantageScore is gaining ground. It's currently used by seven of the top 10 financial institutions, six of the top 10 credit card issuers and four of the leading auto lenders and mortgage lenders, according to its website."

There is much more useful information in this article in CNN Money, and I suggest you read it for yourself and for your clients!

Once again, if you need any questions answered or need help in the are with buying or selling, please don't hesitate to contact me. I would be honored to help you. And if you need a FREE HOME EVALUATION, it wold be my pleasure to help you with that as well.

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