Monday, March 15, 2010

Hello Real Estate Fans!

Hello Real Estate Fans!

Here is the news you can use from Apple Valley, CA

As of 3/12/10

There are 291 active houses for sale.
73 homes are contingent
there are 210 homes in escrow,
35 went pending last week.
33 homes sold in the last week..

Average square foot of house is 2017

Average days on market 767

Average sale price $164K..

The % of sales price to list price 100.56.
The highest percent over asking was 117.14
The lowest was 91.25

14 sold over asking,
5 sold at asking.
11 sold under asking

19 were bank owned
7 were short sales

Lowest price home was sold for $20,250.00
Highest price home sold for $265,000.00

I’m adding pictures of the house for $20,250.
It has no roof.
We can follow it’s progress till it’s ready to go back on the market.



Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Thursday, March 4, 2010

So You Want to Buy Your First House

Congratulations, you are ready to walk down the road that leads to home ownership.

How what?

You can look on line at house and start getting an idea of what appeals to you.
Our local MLS (Multiple Listing Service, i.e. the web site where the houses are) is WWW.VVMLS.COM . This is for the Victor Valley, in So. Calif.

You need to do 2 things,

1-Prepare financially to show that you can buy a house.
*You can gather bank statements showing you have the amount of money it takes to buy the house you are looking at.

*Find a good trust worthy lender
You must be prepared to let them run your credit and answer questions about your finances and back up your answers with bank statement, tax records and pay check stubs or other proofs of your finance.
The lender will give you a letter letting the seller know that you are qualified
buyer. The letter is known as a pre-qual.

HINT:If you don’t have a file with all your current information, start one now so you aren’t wondering where it is later.

2-Look for a real estate agent that will help you find the home of your dreams.
If you are in the Victor Valley looking, you can call me.
Honestly I’m not the agent for everyone; I’m not going to sell you a house.
I’ll help you find a home. I have a laid back style and am not pushy. I also talk a lot. I do call you back and I try to show up on time to our appointments and if I’m late, I call you. So you make prefer someone with more razzmatazz or more or less of something else. There are many agents out there. You will spend a lot of time with your agent. Find someone you like.

You now have your “pre-qual” in one hand and your agent in the other, time to go look at houses.

If you are working with me, we will have talked about what you want in a home and what area you want to live in. I put your criteria into the computer and you will start receiving e-mails with houses that match what you are looking for. Now we don’t have a button for ugly, so you get a lot of good and bad. But when you see one that makes you go, “Hummm, I’d like to look at that”, we talk about it and make sure it’s still OK to go see.

Happy House Hunting. Next we’ll take about making an offer.

Tuesday, March 2, 2010

Apple Valley News....2-26-10

Greetings from Sunny Apple Valley, really we are just between the rain storms. But we need the rain so we must be thankful.



So here is the news you can use, 2/19-2/26/10

Homes listed as active in Apple Valley 287

Contingent, (waiting for something, so they are a short sale or have paperwork out waiting to be signed.) 67

Pending this week 36

20 homes sold, 1 was a short sale, 13 were bank owned.

The house at the highest price this week was sold for $387K. 59 days on market, standard sale.



The house at the lowest price $40K, 2 days on market, Here is the scoop on that...
BANK OWNED 980SF HOME ON 19,200SF LOT W/2BEDRM, ONE BATH W/SINGLE GARAGE









The average home sold was 1934 sq ft, average sale price was $109K. it sold for 96.78% of asking price. on the market for 42 days.



Thanks to the VVMLS for the stats, the pics also came from the website and are used per rule 11.5

Saturday, February 20, 2010

Market Conditions in Apple Valley/ My 100th blog!

Hello Real Estate Fans!

Here is the news you can use from Apple Valley, CA

As of 2/19/10

There are 293 active houses for sale.
85 homes are contingent
there are 212 homes in escrow.
34 homes sold in the last 2 weeks.

Average square foot of house is 2022

Average days on market 41

Average sale price $127K.

The % of sales price to list price 99.46%.
The highest percent over asking was 135%
The lowest was 87%.

14 sold over asking,
7 sold at asking.
14 sold under asking

20 were bank owned
4 were short sales

Lowest price home was sold for $78K
Highest price home sold for $400K.

Let’s look at shorts sales over all
There are 72 active listing
53 contingent
41 are pending
and 52 have sold in the last six months


Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Reasons To Go To A Real Live Tax Person

Sure you may save a few bucks if you do your taxes yourself.

But my dear clients, PLEASE LISTEN when I go though the contract and point out what you want to talk to your tax person about.

This is the time of year to do it.

You are doing your taxes anyway, go in and get tax advice.

Should I buy now?

What about the way I am holding title on my house, does it give me and mine the best protection possible?

Should I re-fi?

Should I be looking for a rental for tax purposes and how will that effect my next year? and future years?

If you are in the Victor Valley area, and you are looking for someone to give you personal service and straight talk, call who I go to for taxes, Tery Lucus, 760-242-7422, tell her Karen@ Hamilton Landon GMAC sent you.

Friday, February 5, 2010

News You Can Use 2/5/10

Here is the news you can use from Apple Valley, CA

As of 2/5/10
There are 305 active houses for sale.
73 homes are contingent
25 went pending this week
there are 184 pending over all
8 homes sold this week.

Average square foot of house is 2549

Average price per square foot $74.31

Average days on market 37

Average sale price $198.238

The % of sales price to list price 100.52

My guess is that agents haven’t recording their sales yet.
8 is way off the average # of sales our area normally has.

Lowest price home was sold for $74.500.
Highest price home sold for $488,900.

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Tuesday, January 26, 2010

News You Can Use 1/22/10

Hello Real Estate Fans!

Brace yourselves; it’s starting to rain again.

Here is the news you can use from Apple Valley, CA

This week’s stats were out of the ordinary.
Just an observation, there were 3 houses sold under 90% of asking price.
In a market where many people are going over asking it was just unusual.


As of 1/15/10
There are 280 active houses for sale.
70 homes are contingent
175 went pending this week.
All of those numbers are up from last week.

Down from last week is……
14 homes sold this week.
But let’s remember that MLK day closed the recorders office.
So there was one less business day.

Average square foot of house is 2244

Average price per square foot $72.85
This is almost $9 a foot LESS than last week.

Average days on market 49

Average sale price $174,479

The % of sales price to list price 96.37%.

2 were short sales
6 were bank owned.

Lowest price home was sold for $53,000.
Highest price home sold for $385,000.

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Thursday, January 21, 2010

News You Can Use

Hello Real Estate Fans!

A rainy hello from the Desert…….

Here is the news you can use from Apple Valley, CA

As of 1/15/10
There are 274 active houses for sale.
57 homes are contingent
163 went pending this week.
27 homes sold this week.

Average square foot of house of houses sold 2252

Average price per square foot $81.97

Average days on market 43

Average sale price $185,730

The % of sales price to list price 99.04%.

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Friday, January 15, 2010

Haiti Fund Raiser Sat.

American Red Cross, High Desert Chapter Haiti Relief "Drive Thru" Fundraiser!

Haiti Relief "Drive Thru" Fundraiser

DATE: Saturday, January 16, 2010

TIME: 8:00 am to 4:00 pm

LOCATION: San Bernardino County Fairgrounds

Please drive thru our fundraiser at the Victorville Fairgrounds off of 7th Street and make a tax deductible donation for the victims of the Haiti earthquake!


American Red Cross, High Desert Chapter

16248 Desert Knoll Dr.

Victorville, California 92395
760-245-6511

Wednesday, January 13, 2010

Apple Valley Real Estate News


Hello Real Estate Fans!

Welcome to 2010, here is the real estate news you can use for Apple Valley, CA.


As of 1/8/10
There are 278 active houses for sale.
50 homes are contingent
163 went pending this week.
31 homes sold this week.

One sale was a short sale, 19 were bank owned, the balance were not reported as REO or short sales, so they should be standard sales.

I wanted to compare the bank owned and the standard sales
# will represent bank owned sales
* will represent standard sales

Average square foot of house
# 1916
* 2081

Average price per square foot
# $65.71
* $84.72

Average days on market
# 36
* 38

Average original list price
# $135,251
* $193,836

Average sale price
# $177,091
* $129,032

The % of sales price to list price
# 100.42
* 90.55

Number of sales at or over asking price
# at asking 3 sales over asking 9 sales
* at asking 2 sales over asking 3 sales

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Thursday, January 7, 2010