Linda Kay -The Barefoot Realtor: realtor you can trust

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Wednesday, May 8, 2013

IS It Still A Sellers Market in Glendora, CA

IS It Still A Sellers Market in Glendora, CA

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

Last week, there were a total of 19 new listings. Less inventory means higher prices and makes it a sellers market. When you compare this week's 19 to the 5 sold homes you can see that things in Glendora, CA are changing a bit - more homes to sell and more movement.

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 4 price changes, and 6 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 16 that went pending (into escrow), that's a whole lot more properties than came on the market this week.

So, in recap, 16 pending, 5 sold, and 6 into back-up for a total of 27 homes off the market. When you compare that to the 19 that came into the market, you can easily see why this is still a sellers market in Glendora, 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 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
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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.

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.

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

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

Monday, May 6, 2013

The Amazing Race - or a Good Replica

The Amazing Race - or a Good Replica

Written BY: The Barefoot Realtor

Okay so, I have never really gotten into the Amazing Race on television. (I know, I know you can disown me now...) But this weekend in Downtown Los Angeles is the Race LA... the non-professional version where teams can crack codes and solve puzzles to get to the finish line.

(Photo by Gary Leonard)

This will be the 9th year the races put on by John Hennessy, a huge fan of The Amazing Race on television. His vision was to hold a local contest where people could come out and simply have fun. The first event will be a day long race held on Saturday, May 11th and will be followed by three 1-hour races aver this month and next. The locations will include Olvera Street,Chinatown and South Park. This event has grown to 70 races a year held throughout Southern California.

You can find out more about these events by reading this article or visiting the event website here. For those of you not familiar with the SoCAL 210 Corridor, it is about 30 minutes from these events without traffic and on Saturday mornings there shouldn't be too much. However, you can also take theMetroLink and end up in places like Olvera Street, etc without too much hassle.

If you have real estate questions or need a free home valuation for your house, please don't hesitate to contact me. And always if you are looking to buy or sell in the SoCal 210 Corridor, I am your go-to girl!