Housing Affordability Improves for California

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Good news coming out from CAR, California Association of Realtors, for California would be home owners… Lower home prices and record-low interest rates are contributing to the continual improvement of housing affordability. The percentage of home buyers that could afford to purchase a median-priced, single-family home in California has continued to rise with each quarter according to CAR’s […]

Home Ownership King

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Americans continue to place a high value on homeownership, but qualifying for a mortgage and saving up for a down payment in an economy that won’t produce jobs keeps many uncertain. The results of the Hanley Wood’s Housing 360 Survey say 89 percent of owners and 59 percent of renters feel that homeownership is important […]

In Escrow: 9610 Cattaraugus Avenue

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In Escrow: 9610 Cattaraugus Avenue, Beverlywood I negotiated my listing at 9610 Cattaraugus Avenue in Beverlywood adjacent into Escrow last week. Now it is time to get it closed and sold and off to the next one! Don’t hesitate to contact me if you need your Beverlywood area home sold. I specialize in the 90034 […]

Mortgage Rates Going Up?

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Interesting. Very interesting. Freddie Mac is reporting that fixed-rate mortgage loan rates spiked over the past week. The lender’s weekly Primary Mortgage Market survey for the week ending October 13 showed that fixed-rate mortgages saw a sudden spike, perhaps in response to a better than predicted jobs report. While the increase in rates is significant, […]

Beverlywood Home Sale Values Heading South

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According to recent MLS data, the median price for Single Family homes sold in the Beverlywood and Adjacent Area (Area 9 in the MLS) in the month of September 2011 was $692,000 while in September 2009 the median price was $1,006,100 which is a decrease of 31%. The housing values are trending similar to the […]

Beverlywood Market Update

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According to the MLS, a total of 10 homes sold in the Beverlywood and Adjacent area during the entire month of September 2011, compared to 15 last month and 9 in September 2010. The single family homes that sold were on the market for an average of 59 days, compared to an average of 47 […]

Beverlywood Neighborhood News

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Market Update: According to the MLS, a total of 15 homes sold in the Beverlywood and Adjacent area during the entire month of August 2011, compared to 18 last month and 15 in August 2010. The homes that sold were on the market for an average of 47 days, compared to an average of 48 […]

Rents Rise as Home Sales Drop

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Rents continued to rise in July in Southern California, according to Department of Labor‘s Consumer Price Index. July marked the 11th consecutive month of rent increases in the area, and costs rose at an annual rate of 1.4 percent. While renters struggled to keep up with rising costs, the number of homebuyers in the region […]

Mortgage Rates Hit Record Low

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Mortgage rates tumbled to the lowest level in the history of Freddie Mac’s weekly survey, with 30-year fixed-rate home loans being offered this week at an average 4.15%, down from last week’s 4.32%. Freddie Mac said in its weekly report that loans with variable interest rates also hit record lows, as did shorter-term fixed-rate loans. […]

Financial Fears Should Keep Buyers from the Open House

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While some homebuyers may have decided to forgo their open house rounds due to financial fears this year, some experts explain that consumers should not over react to market turmoil, according to the Orange County Register. While it would be difficult to argue that the nation was not still experiencing backlash from the recession, housing […]

Another One Sold in Beverlywood!

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Mark another one sold in the books: 8839 David Avenue! This totally cute Spanish in move-in condition, flew off the market — it was in escrow within 15 days of hitting the market! Near the end of a private road this attractive Spanish style home was originally built as part of the historic “Rincon de los […]

Neighborhood News

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Market Update: According to the MLS, a total of 18 homes sold in the Beverlywood and Adjacent area during the entire month of July 2011, compared to 15 last month and 12 in July 2010. The homes that sold were on the market for an average of 48 days, compared to an average of 54 […]

BEVERLYWOOD AREA HOME SALES & VALUES

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 – Comparing 2011 to 2010 to date shows a 10% increase in sales, higher averages across the board. Every month I “door knock” to get to know you and build a professional relationship, with the intention of gaining your trust in one of the biggest decisions you may ever make – Buying or Selling a […]

Beverlywood Market Update

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Market Update:  According to the MLS, a total of 15 homes sold in the Beverlywood and Adjacent area during the entire month of June 2011, compared to 17 last month and 13 in June 2010.  The homes that sold were on the market for an average of 54 days, compared to an average of 39 […]

 
 
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