La Verne Market Watch - May 8-14, 2013

La Verne 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 La Verne Market Watch.  

Last week, there were a total of 5 new listings.  Less inventory means higher prices and makes it a sellers market in La Verne.  When you compare this week's 5 to the 6 sold homes it shows you that this is definitely still a sellers market in La Verne, 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 1 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 2 that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 2 pending, 6 sold, and 4 into back-up for a total of 12 homes off the market.  When you compare that to the 5 that came into the market, you can easily see why this is still a sellers market in La Verne, 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 

La Verne Market Stats, April 16-23, 2013

La Verne Market Stats, April 16-23, 2013

Written BY: The Barefoot Realtor

Market Watch

New Listing (8)
Price Change (4)
Back On Market (4)
Backup Offer (4)
Expired (0)
Pending (6)
Sold (3)

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

Last week, there were a total of 8 new listings in the City of La Verne.  When you compare this week's 8 listings to the 3 sold homes it doesn't give you enough of a picture.  But when you combine the 3 sold with 6 more pending, that's 9 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 4 price changes, this usually this means lowering of the asking price 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.

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 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 La Verne, 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

Things To Do In La Verne, CA

Things To Do In La Verne, CA

Okay, so I may have moved a few towns away from La Verne, CA, but I am constantly running over there.  Whether it be for a networking event (yes, I am entrenched) or to show houses, I am always driving back.  

I get all kinds of emails from the merchants, and contacts over in La Verne, and especially pay attention to the emails I receive from the La Verne Chamber of Commerce.  So I was really excited to find out that there are two major events coming up in the next couple of weeks.

The first event coming up is the "Cool Cruise" the king of car shows held right in downtown La Verne.  It will be on Saturday, March 30, 2013 from 7am until 3PM.  The event is free to attend and usually a ton of fun!  If you want to have a vendor booth, you can call the La Verne Chamber at (909) 593-5265.  

The second event is the, "Sip of La Verne" which will be held on Saturday, April 6, 2013 in - you guessed it - downtown La Verne. This event will have food and wine tasting, and if you know anything about the restaurants in downtown, you know you definitely won't be disappointed. The cost for presale tickets is $30 and will be $35 the night of the event.  Click the link to find out more information.

For more things to do in La Verne, CA, visit the La Verne Chamber of Commerce website.  

And if you are thinking of buying or selling a home in the La Verne, CA area, please contact me.  I will be happy to answer all of your questions, and help you get the home of your dreams.

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

Why Is Now The Time To SELL Your Home In La Verne, CA?

Why Is Now The Time To SELL Your Home In La Verne, CA?

Okay, so for the past few years, it has definitely been a "buyers market".  But with the low, low inventory right now, we are back to the times of bidding wars when things were moving and shaking.  Case in point; the last seven days of movement in La Verne, CA.

Last week, there were a total of 7 new listings and when you compare that to the 7 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.

There were two price changes, usually this means lowering of the asking price and two 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 four that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 4 pending, 7 sold, and 2 into back-up for a total of 13 homes off the market.  When you compare that to the measly 7 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 La Verne, 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.

Warmest Regards,
Linda K. Mayer, Realtor
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