So the newly updated exciting Foreclosure Report is out.
Jan. 08 (Remember we were cold and wondering when we would be warm again)
we had 35 trustee sales in Apple Valley, fast forward to July (now we are wondering when it's going to be cold again) there where 114 trustee sales. June was the high month with 130 houses going to Trustee Sale.
It isn't over my friends, but what changed is that down payment assistants through the Nehemiah and Hart programs are gone. You MUST have direct underwriting approval by Sept 30. So if it's not a deal today we need to fry the fish a new way.
That's the hot news from the housing front. Be well and Happy House Hunting,
Karen
Thursday, August 28, 2008
Sunday, August 17, 2008
14199 Auburn Ct, Victorville, CA 92394
Help save the DAP
http://www.getdownpayment.com/
Please TAKE ACTION...........Help save Down Payment Asstiance Programs!
Please TAKE ACTION...........Help save Down Payment Asstiance Programs!
Thursday, August 7, 2008
Hi House Hunters!
News from the real estate front....thanks to Chicago Title
Early in Aug, there were 773 homes listed in Apple Valley, 93 sold in July, with an average of 67 days on market.
A little more housing trivia for you, if your house is priced between $250-$300k you have a 1 in 4 chance of selling. the percent selling is rising slightly.
So what does all this mean.....
boiled down, if you need to sell, now is a tough time, it's a buyers' market. But priced correctly it will most likely sell.
The reality for buyers' is there are bargains out there. But dog gone, I'm not the only one that can find them, so we are getting into multiple bid situations where people are bidding over the asking price in order to get the deal or compensate for
concessions.
Patience is the KEY in this market as a buy to getting a great deal.
You can not fall in love with a house until you get a counter offer from the bank in your hot little hand.
News from the real estate front....thanks to Chicago Title
Early in Aug, there were 773 homes listed in Apple Valley, 93 sold in July, with an average of 67 days on market.
A little more housing trivia for you, if your house is priced between $250-$300k you have a 1 in 4 chance of selling. the percent selling is rising slightly.
So what does all this mean.....
boiled down, if you need to sell, now is a tough time, it's a buyers' market. But priced correctly it will most likely sell.
The reality for buyers' is there are bargains out there. But dog gone, I'm not the only one that can find them, so we are getting into multiple bid situations where people are bidding over the asking price in order to get the deal or compensate for
concessions.
Patience is the KEY in this market as a buy to getting a great deal.
You can not fall in love with a house until you get a counter offer from the bank in your hot little hand.
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