Monday, January 26, 2009
Sunday, January 25, 2009
Friday, January 23, 2009
Market Conditions in Apple Valley
Hello House Hunters and Real Estate Pros.
News From Apple Valley CA
As of today, Jan 23,2009 The Victor Valley MLS shows,
There are
703 active listings
182 are under $100k
268 are between $100-200k
128 are between $200-300k
53 are between $300-400k
69 are above $400k
221 homes are pending
In the last week since 1/13/09
16 homes have sold.
The average price $119,197
average sq ft. 1788
average 90 days on market
Sold for 95.59% of asking.
Happy House Hunting from
Karen @ Hamilton Landon GMAC
Apple Valley CA
News From Apple Valley CA
As of today, Jan 23,2009 The Victor Valley MLS shows,
There are
703 active listings
182 are under $100k
268 are between $100-200k
128 are between $200-300k
53 are between $300-400k
69 are above $400k
221 homes are pending
In the last week since 1/13/09
16 homes have sold.
The average price $119,197
average sq ft. 1788
average 90 days on market
Sold for 95.59% of asking.
Happy House Hunting from
Karen @ Hamilton Landon GMAC
Apple Valley CA
More auction info
Looking for info on the auctions in our area,
look at
www.williamsauction.com
www.realtybid.com
www.ushomeauction.com
www.hudsonmarshall.com
look at
www.williamsauction.com
www.realtybid.com
www.ushomeauction.com
www.hudsonmarshall.com
Wednesday, January 14, 2009
Hey Hesperia Fans!
I know I normally focus on Apple Valley, but I have been known to sell a house house or two in Hesperia, I ran across this and thought it was so interesting, So here goes, this is all from the Trulia web site.
283 new listings in Hesperia, CA in the past 7 days
1,968 Foreclosures in Hesperia, CA
Median sales price in Hesperia, CAHesperia, CA went down 8.30% to $152,592 from prior quarter
350 sold properties in Hesperia, CA in the past 60 days
Average price per sqft in Hesperia, CA went down 10.10% to $89/sqft from prior quarter
Happy House Hunting,
Karen
283 new listings in Hesperia, CA in the past 7 days
1,968 Foreclosures in Hesperia, CA
Median sales price in Hesperia, CAHesperia, CA went down 8.30% to $152,592 from prior quarter
350 sold properties in Hesperia, CA in the past 60 days
Average price per sqft in Hesperia, CA went down 10.10% to $89/sqft from prior quarter
Happy House Hunting,
Karen
Saturday, January 10, 2009
YES! Homes are selling.
In Apple Valley the last 30 days have brought 191 homes sold or in escrow. There were 148 houses new on market.
There are 44 multi family units on the market. Nine are in escrow and 2 have sold in the last month.
This is my idea for Apple Valley's best deal......it needs some work. It needs a septic system and maybe some work on the plumbing. So bring on the cash. But boy oh boy, 4 units for under $35k each.
Listing #362115
$126,777 (LP)
Price/Sq Ft: 41.63
13361 Central Rd, Apple Valley, CA 92308 *
Beds: 8, Baths: 4
Sq Ft: 3045* Lot Sz: 30900sq ft*
Yr: 1957*
Happy House Hunting and Happy New Year,
Karen
There are 44 multi family units on the market. Nine are in escrow and 2 have sold in the last month.
This is my idea for Apple Valley's best deal......it needs some work. It needs a septic system and maybe some work on the plumbing. So bring on the cash. But boy oh boy, 4 units for under $35k each.
Listing #362115
$126,777 (LP)
Price/Sq Ft: 41.63
13361 Central Rd, Apple Valley, CA 92308 *
Beds: 8, Baths: 4
Sq Ft: 3045* Lot Sz: 30900sq ft*
Yr: 1957*
Happy House Hunting and Happy New Year,
Karen
Wednesday, December 31, 2008
Happy New Year and the auctions
Out with the old in with the new!
I hope that 2009 is filled with bright optimism and hope for you.
OK a brief over view of the auctions for all you real estate fans!
There are several auctions that come thought the Victor Valley,
REDC and Hudson & Marshall seem to be the most frequent.
REDC will be here Jan 24.
Time to prep for it if you are going.
GENERALLY here is how it goes, everyone is a little different.
FIRST!!!!!!!!!!! Preview the property! REPEAT! VIEW THE PROPERTY! DO Not bid on something you have not seen!
Next read all the legal stuff on line.
You can bring an agent to the auction. This will cost you NOTHING! It may help keep things going in the end. We get paid for trouble shooting and making your life less complicated.
Next decided ahead of time what you are willing to spend on a property. You and your agent have gone over the comps near by, looked at a few other houses around there etc. Do your homework.
Get your funding together, come with a pre-qual from a lender you chose.
You will most likely need a cashier check for $5000.00
This will be your deposit for the first $95K of bidding.
The auction will add 5% premium to your last bid.
You will need a personal check for 5% of anything you bid over $100K.
You will need a second cashiers check for $10K for any 2nd property you present the winning bid on.
NOTE!!!!!!!!!!! All bids are subject to seller approval. So if the seller is expecting to sell for $200K and you fall short of $200K and win the bid, they can not accept you offer and you will get your money back. It's like on e-bay when you win but you didn't meet the reserve price.
Next....read the contract VERY CAREFULLY!!!!!!!!!!!!!
It is a mean nasty contact written to the sellers advantage.
If you win and the house won't make appraisal or meet some other condition set out by your lender and they won't lend on it. Too bad, so sad for you. Bye bye deposit. No joke! BEWARE! INSPECT! Be careful!
Please be 1000% sure before you go into this.
You can get a great deal, but it's not for the faint of heart, it is a risky way to buy a house.
So before you buy,
get an agent
look at the house
inspect the property thoroughly
have fun.
By the way....
you can check out the next REDC auction in Victorville Jan. 24.
Open houses Jan 3,10 and 11.
Or call your favorite realtor (Hopefully that is me!) to see the houses.
Happy House Hunting!
Karen
I hope that 2009 is filled with bright optimism and hope for you.
OK a brief over view of the auctions for all you real estate fans!
There are several auctions that come thought the Victor Valley,
REDC and Hudson & Marshall seem to be the most frequent.
REDC will be here Jan 24.
Time to prep for it if you are going.
GENERALLY here is how it goes, everyone is a little different.
FIRST!!!!!!!!!!! Preview the property! REPEAT! VIEW THE PROPERTY! DO Not bid on something you have not seen!
Next read all the legal stuff on line.
You can bring an agent to the auction. This will cost you NOTHING! It may help keep things going in the end. We get paid for trouble shooting and making your life less complicated.
Next decided ahead of time what you are willing to spend on a property. You and your agent have gone over the comps near by, looked at a few other houses around there etc. Do your homework.
Get your funding together, come with a pre-qual from a lender you chose.
You will most likely need a cashier check for $5000.00
This will be your deposit for the first $95K of bidding.
The auction will add 5% premium to your last bid.
You will need a personal check for 5% of anything you bid over $100K.
You will need a second cashiers check for $10K for any 2nd property you present the winning bid on.
NOTE!!!!!!!!!!! All bids are subject to seller approval. So if the seller is expecting to sell for $200K and you fall short of $200K and win the bid, they can not accept you offer and you will get your money back. It's like on e-bay when you win but you didn't meet the reserve price.
Next....read the contract VERY CAREFULLY!!!!!!!!!!!!!
It is a mean nasty contact written to the sellers advantage.
If you win and the house won't make appraisal or meet some other condition set out by your lender and they won't lend on it. Too bad, so sad for you. Bye bye deposit. No joke! BEWARE! INSPECT! Be careful!
Please be 1000% sure before you go into this.
You can get a great deal, but it's not for the faint of heart, it is a risky way to buy a house.
So before you buy,
get an agent
look at the house
inspect the property thoroughly
have fun.
By the way....
you can check out the next REDC auction in Victorville Jan. 24.
Open houses Jan 3,10 and 11.
Or call your favorite realtor (Hopefully that is me!) to see the houses.
Happy House Hunting!
Karen
Friday, December 12, 2008
Is there a house under your tree?
Looking for a unique gift, that will keep on giving?
How about a rental house?
Seriously folks there are move in ready houses out there for $50K.
Now if you think that you can go in and offer that at $45k and get it, most likely not, you need to be prepared to over bid on the best priced stuff. I'm not the only agent in the Victor Valley that can find a deal and despite what you hear people are out there buying. So you would need to come in strong, like $55k with a nice deposit to out bid everyone else looking at the house.
Some of the REO's are coming in low to create this kind of frenzy with their listings, and it's working, that type of listing tends to sell at 10% over asking.
The point is there are deals to be had.
You have to have PATIENCE! YOu most likely will not get the first house you bid on.
But Karen does not give up. We'll keep grinding out paperwork till we get your dream to come true.
Happy House Hunting!
Happy Holidays!
Karen
How about a rental house?
Seriously folks there are move in ready houses out there for $50K.
Now if you think that you can go in and offer that at $45k and get it, most likely not, you need to be prepared to over bid on the best priced stuff. I'm not the only agent in the Victor Valley that can find a deal and despite what you hear people are out there buying. So you would need to come in strong, like $55k with a nice deposit to out bid everyone else looking at the house.
Some of the REO's are coming in low to create this kind of frenzy with their listings, and it's working, that type of listing tends to sell at 10% over asking.
The point is there are deals to be had.
You have to have PATIENCE! YOu most likely will not get the first house you bid on.
But Karen does not give up. We'll keep grinding out paperwork till we get your dream to come true.
Happy House Hunting!
Happy Holidays!
Karen
Wednesday, November 26, 2008
Happy Thanksgiving
Hello Blogger Fans!
If you haven't jumped into the home buying market, come on in the water is fine.
So the scoop in Apple Valley is in the last month......
85 homes have sold
3 of those where short sales
The average sq ft is 2052
The average price sold is $186,453.00
The highest price house sold $545,000.00
the low $68,250.00
It's a blessed life, made all the better by great friends and clients like you!
Happy Thanksgiving!
If you haven't jumped into the home buying market, come on in the water is fine.
So the scoop in Apple Valley is in the last month......
85 homes have sold
3 of those where short sales
The average sq ft is 2052
The average price sold is $186,453.00
The highest price house sold $545,000.00
the low $68,250.00
It's a blessed life, made all the better by great friends and clients like you!
Happy Thanksgiving!
Thursday, November 6, 2008
Nov. Notes
Hey Real Estate Fans, News hot off the press.......
Here is the scoop from the market conditions report by Chicago Title for Nov.
Apple Valley
788 houses listed
109 sold
7 month supply
Median list price $180k
Median ask at offer $160K
Median close $156k
So to overstate the obvious, the lower priced homes is selling faster that the higher priced homes.
Still a great time for first time buyers, prices low supply good.
But if you are waiting to hit bottom we are seeing some numbers go up. To be certain some areas still have to come down some. But the deals are out there.
Happy House Hunting,
Karen
Here is the scoop from the market conditions report by Chicago Title for Nov.
Apple Valley
788 houses listed
109 sold
7 month supply
Median list price $180k
Median ask at offer $160K
Median close $156k
So to overstate the obvious, the lower priced homes is selling faster that the higher priced homes.
Still a great time for first time buyers, prices low supply good.
But if you are waiting to hit bottom we are seeing some numbers go up. To be certain some areas still have to come down some. But the deals are out there.
Happy House Hunting,
Karen
Monday, October 20, 2008
Some good news about loans and something to think about.
http://realtytimes.com/rtpages/20081020_washingtonreport.htm
It's not horrible trying to find a loan. Especially if you are looking for a first home. Jumbo loans....don't know. Where I'm having to put my extra thought is into investment property. You might have to think outside the box. We that went though the last go round of housing upset in the Victor Valley, many of us were caught up in fear and missed the chance to invest. NOW this is a GREAT time to buy an investment house. Now aren't you kicking your self for not buying a lot in Desert Knolls last time?
There is this old joke which reminds me of opportunity and how we look at things...
here goes....
A very religious old man lived just downhill of a big dam. One winter, after heavy rains, he got a knock at the door.
When he answered the door, there was a policeman in a raincoat. "I'm here to tell you the dam's in danger of bursting" he said. "If you want to leave, you have time to do so."
"No, thank you." said the old man. "My Lord God will save me."
"Okay," said the Policeman..."suit yourself!" and he left.
The next day, there was a knock on his door. When he answered the door, there was a Fireman dressed in flood-gear...down at the bottom of where his driveway used to be was a boat.
"I'm here to tell you that the dam has burst. It will soon take over your home. Please take some clothes and come with me!" He said.
"No, thank you" said the old man..."I've prayed to my Lord God, and he will save me!!"
The fireman shook his head and said "Suit yourself!!" and he left.
The next day the flood waters had taken over his home and he was stranded on the roof.
Soon, a helicopter came by, and a Rescuer shouted through the open door "Give me your hand!! We'll get you out of here!!!"
"No!!" replied the old man...."My faith in my Lord God will rescue me!!"
"Suit yourself!!" said the Rescuer, and he flew away.
The next day, the old man drowned.
At the pearly gates, he met up the the Almighty. "My Lord God....I have always tried to be a good Christian!!! I prayed and prayed for you to rescue me, and I died anyway!! Why!!???"
The Almighty answered in a booming voice: "HEY!!! I SENT YOU A POLICEMAN, A BOAT AND A HELICOPTER!!! WHAT MORE DID YOU WANT!!!??"
So my fellow real estate fans.... Don't miss the boat.... call me.
760-684-0250
It's not horrible trying to find a loan. Especially if you are looking for a first home. Jumbo loans....don't know. Where I'm having to put my extra thought is into investment property. You might have to think outside the box. We that went though the last go round of housing upset in the Victor Valley, many of us were caught up in fear and missed the chance to invest. NOW this is a GREAT time to buy an investment house. Now aren't you kicking your self for not buying a lot in Desert Knolls last time?
There is this old joke which reminds me of opportunity and how we look at things...
here goes....
A very religious old man lived just downhill of a big dam. One winter, after heavy rains, he got a knock at the door.
When he answered the door, there was a policeman in a raincoat. "I'm here to tell you the dam's in danger of bursting" he said. "If you want to leave, you have time to do so."
"No, thank you." said the old man. "My Lord God will save me."
"Okay," said the Policeman..."suit yourself!" and he left.
The next day, there was a knock on his door. When he answered the door, there was a Fireman dressed in flood-gear...down at the bottom of where his driveway used to be was a boat.
"I'm here to tell you that the dam has burst. It will soon take over your home. Please take some clothes and come with me!" He said.
"No, thank you" said the old man..."I've prayed to my Lord God, and he will save me!!"
The fireman shook his head and said "Suit yourself!!" and he left.
The next day the flood waters had taken over his home and he was stranded on the roof.
Soon, a helicopter came by, and a Rescuer shouted through the open door "Give me your hand!! We'll get you out of here!!!"
"No!!" replied the old man...."My faith in my Lord God will rescue me!!"
"Suit yourself!!" said the Rescuer, and he flew away.
The next day, the old man drowned.
At the pearly gates, he met up the the Almighty. "My Lord God....I have always tried to be a good Christian!!! I prayed and prayed for you to rescue me, and I died anyway!! Why!!???"
The Almighty answered in a booming voice: "HEY!!! I SENT YOU A POLICEMAN, A BOAT AND A HELICOPTER!!! WHAT MORE DID YOU WANT!!!??"
So my fellow real estate fans.... Don't miss the boat.... call me.
760-684-0250
Saturday, October 18, 2008
GREAT DEAL!
OK for everyone out there saying, "LET ME KNOW WHEN YOU FIND A GREAT DEAL" This is it! Don't wait. I'm telling you now this is the best deal I've seen all year.
Listing #362115
$133,000 (LP)
Price/SqFt: 43.68
13361 Central Rd, Apple Valley, CA 92308 * Active (10/14/08) DOM/CDOM: 4/4
Beds: 8 Baths: 4 Sq Ft: 3045* Lot Sz: 30900sqft*
Area: 28 Yr: 1957*
Listing #362115
$133,000 (LP)
Price/SqFt: 43.68
13361 Central Rd, Apple Valley, CA 92308 * Active (10/14/08) DOM/CDOM: 4/4
Beds: 8 Baths: 4 Sq Ft: 3045* Lot Sz: 30900sqft*
Area: 28 Yr: 1957*
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