Kevin 's Blog

Placentia's Market Trends Up To June 08

2008-07-02T10:06:10Z

The City of Placentia's Real Estate Sales remained steady at 25 sales. In the year 2008, Placentia averages 25 sales per month.

A few interesting trends :

Inventory of homes actively For Sale in Placentia is dropping (287 active homes vs. the avg 315 in the past year)
Short Sales, REO Properties, have dropped in Placentia. This is showing a sign of stability for the time being.

All reports presented are based on data supplied by the MRMLS, Orange County, Orange Coast, Pacific West, Downey, Rancho SE AOR, Laguna BOR, and Desert AOR or their MLSs. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

July 1st Will Be The First Day of California's Cell Phone Law

2008-06-30T20:14:35Z

As you may have heard, on July 1, 2008, California will be implementing 2 new
laws regarding the use of cell phones while driving. Since you're a valued
Golden State policyholder, we wanted to let you know and explain how the new
laws could affect you:

     1. Prohibits all drivers from using handheld cellular phones while driving.
         Drivers over the age of 18 may use hands-free devices.
     2. Prohibits drivers under the age of 18 from using handheld or hands-free
         wireless phones or devices while driving.

California drivers violating either law can be pulled over and ticketed. The base fines
will be $20 for the first offense, and $50 for all subsequent offenses. Keep in mind, however, that additional penalty assessments (making an unsafe lane change while talking on the phone, for example) could be more than triple the amount of the
base fine.

Stay safe and avoid an expensive ticket. Use a hands-free device or pull over to the side of the road if your call just can't wait.

4 Unit Income Property Dream ~2449 S Nadine St West Covina Ca 91792~

2008-06-30T16:14:30Z

Kevin Hottmann | Century 21 Jervis & Associates | 714-988-1725

2449 Nadine, West Covina, CA

Updated 4 Unit Property

9BR/7BA Multi-Family, 4 units

offered at $799,000

Year Built	1976
Sq Footage	4,097
Bedrooms	6+
Bathrooms	7 full, 0 partial
Floors	2
Parking	4+
Lot Size	10,395 sqft
HOA/Maint	$0 per month

DESCRIPTION

4 townhome style units in good condition, most desirable rental area, each unit has extra large park-like yard with lush green grass and mature trees, each unit has its garage, units been updated recently, central air and heat, rent are low for the area, room to increase

see additional photos below

PROPERTY FEATURES

Tile floor	Living room	Laundry area - garage
Balcony, Deck, or Patio	Yard

COMMUNITY FEATURES

Garage parking

Covered parking

Guest parking

ADDITIONAL PHOTOS

Seller contact info:

Kevin Hottmann

Century 21 Jervis & Associates

714-988-1725

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 29, 2008, 8:50pm PDT

278 N Wilshire Ave B28 Bank Owned Property priced at $135,900

2008-06-19T17:45:38Z

Kevin Hottmann | Century 21 Jervis & Associates | 714-988-1725

278 N Wilshire Ave B28 , Anaheim, CA

Bank Owned REO Property

1BR/1BA Condo

offered at $135,900

Year Built	1973
Sq Footage	682
Bedrooms	1
Bathrooms	1 full, 0 partial
Floors	1
Parking	1 Covered spaces
Lot Size	Unspecified
HOA/Maint	$144 per month

DESCRIPTION

Well Cared Complex And Grounds. Gated Parking. Lots Of Amenities Including: Pool, Spa, Gym, Rec Room, and Sauna. Large Master. Balcony Off Living Room.

see additional photos below

PROPERTY FEATURES

Central heat	Living room	Dishwasher
Balcony, Deck, or Patio

COMMUNITY FEATURES

Guest parking	Clubhouse	Laundry on-site
Fitness center	Swimming pool(s)	Sauna/Spa

ADDITIONAL PHOTOS

Seller contact info:

Kevin Hottmann

Century 21 Jervis & Associates

714-988-1725

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 19, 2008, 1:35pm PDT

1600 Hill Ave Fullerton Ca ~Cheap Bank Owned Home $354,900

2008-06-19T17:31:42Z

Kevin Hottmann | Century 21 Jervis & Associates | 714-988-1725

1600 W Hill Ave, Fullerton, CA

REO Bank Owned, Hot Buy In Fullerton

3BR/2BA Single Family House

offered at $354,900

Year Built	1954
Sq Footage	1,523
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	6,481 sqft
HOA/Maint	$0 per month

DESCRIPTION

THIS IS A GREAT BANK-OWNED HOME. LOTS OF ROOM, AT A GREAT PRICE! NEWER KITCHEN, W/CORIAN COUNTER TOPS & SINK, NEWER APPLIANCES, WINDOWS & DOORS. HARDWOOD FLOORS THROUGHOUT, BEDROOMS CARPETED WITH HARDWOOD UNDERNEATH. TWO FIREPLACES LOCATED IN LIVING RM & FAMILY ROOM. DON'T HESITATE!!!

see additional photos below

PROPERTY FEATURES

Central heat	Hardwood floor	Tile floor
Family room	Living room	Bonus/Rec room
Office/Den	Dining room	Dishwasher
Stove/Oven	Yard

ADDITIONAL PHOTOS

Seller contact info:

Kevin Hottmann

Century 21 Jervis & Associates

714-988-1725

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 11, 2008, 10:30am PDT

Realtor Advice on Going Green!!!

2008-06-19T17:08:04Z

Considering that we are always in some crisis, let's consider making small lifestyle changes that we, as consumers, can make to conserve energy this summer. Most utility companies maintain that if Mr. And Mrs. Consumer cut back only 10% -15% of their daily energy consumption, we can completely eliminate the need for blackouts.

Here are a few suggestions to get us there:

•· Replace and recycle your old refrigerator and purchase an energy efficient model. I have seen some killer deals on appliances from some of America's bigger chain stores such as Sears and Fry's.

•· Put an insulting blanket around your water heater. This will not only keep your water hot longer, it will cut your energy cost as well. While you are at it, you can also turn your water heater setting down from hot to warm. After a hot day, why jump into a super hot shower?

•· Close windows when heating or cooling. Close off doors and vents in unused areas.

•· When on vacation, shut off or turn down automatic appliances. Refrigerators unopened will stay cool enough to refrigerate your food that you leave by mistake. Turning the dial down by just a few clicks while you are away, can save you money.

•· Turn off computers, peripherals, laser printers, and fax machines when they are not in use.

•· Fix defective plumbing or dripping faucets.

•· Use your microwave or outdoor Barbecue for summer meals. Hey men, it's an excuse to show off you skills on the grill!!!

•· Do only full loads of laundry when using a washer or dryer. Be sure to clean you dryer's lint trap after each use. It might be wise to get under the dryer and do a vacuum. Lint may have gotten under the dryer where the working parts are and are slowing your dryer down from working efficiently.

•· To cut water usage down, buy yourself water aerators for each of your faucets.

•· Fluorescent bulbs are 4 time more energy efficient than incandescent bulbs and provide the same light levels.

•· Visit your utility company's website to find out more about energy saving tips rebates time of use rate reductions and special programs for your area.

The Hottmann's Best Buy Caravan July 12th 2008 10am to 1pm

2008-06-19T16:45:36Z

Our June 7th REO TOUR BUS was a success!!! 3 properties were sold !!! There were many of you who could not attend our free tour due to conflicting schedules. That is why we are having another free tour to visit more HOT BUYS in the San Gabriel Valley! Kevin and I have heard your requests for featured homes. We are committed to making this next tour even better than the last so we hope that you don't miss out this time around!!!

We hope you can take advantage of our next free tour and platform for educating yourself about wisely investing in this Real Estate Market. It will be hosted by Kevin Hottmann, Century 21's Top Producing Real Estate Agent and Ian Villalba, Top Producing Mortgage Loan Specialist. We will be featuring specific bank owned homes in the San Gabriel Valley and will be explaining very important concepts in acquiring a home during our current Purchase Market. Please be sure to call me to RSVP your seats ahead of time due to limited seating availability. This event is open to everyone willing and able to learn more from Experienced Professionals within this industry. Feel free to bring your Family and Friends!!! I hope to see you there!!!

Kevin Hottmann Ian Villalba

800-524-2272 ext. 228 66-669-9488 ext. 112

Kevin Hottmann and Ian Villalba

Aboard a 35 passenger Limo bus

Inside one of the homes that sold quickly after.

Happy Clients after the June Tour

THe City of Placentia's Movies In The Park To Start Friday July 11th 2008

2008-06-19T16:17:39Z

The Community Services Department is excited to bring you the Movies in the Park series. The movies are played Friday evening's beginning at dusk. Movies are held at Placentia Champions Sports Complex, 505 N. Jefferson,Placentia The cost is free of charge and offers an opportunity for an inexpensive night out for the entire family. All of the movies are family oriented and rated PG. Refreshments are available for a nominal fee. Bring your lawn chairs and blankets for a fun night under the stars. Come early to get a good seat! Look for my family to be there every week.

July 11 over the Hedge

July 18 Surf's Up

July 25 Happy Feet

August 1 Bee Movie

August 8 Flushed Away

August 15 Shrek the 3rd

August 22 Water Horse, Legend of the Deep

Can our market drop another 50% according to Michael Youngblood?

2008-06-13T17:49:25Z

Here are staticial facts from Realist.com, a site that tracks market data from Title records.

I find that doing just a little research on our area, could he be misleading consumers?

Michael Youngblood's forecast of the Housing Market.

Interesting enough, he talks about California as his hook to get readers to read, but backs it up with Trulia.com stats of Riverside , Sacramento,and San Diego, Stockon, and Central California cities. What happen to the Los Angeles, Orange County cities? they are showing signs of movement of homes to new ownership. Can this be the start of the revival the market or a sign of dropping of prices?

You decide...

Sales Statistics for LOS ANGELES County CA
Realist's most recent recording date for this county is 06/06/2008

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Apr 2008	3,191	$445,500
Apr 2007	4,385	$570,000
Mar 2008	2,579	$450,000
Mar 2007	5,185	$565,000
2008 YTD	12,752	$450,000
2007	45,873	$555,000

Condominium
Time Period	Number of Sales	Median Sale Price
Apr 2008	1,114	$405,000
Apr 2007	1,970	$459,000
Mar 2008	1,001	$420,000
Mar 2007	2,425	$466,000
2008 YTD	4,605	$410,000
2007	19,748	$459,000

Sales Statistics for ORANGE County CA
Realist's most recent recording date for this county is 06/04/2008

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Apr 2008	1,331	$555,000
Apr 2007	1,534	$730,000
Mar 2008	1,050	$575,000
Mar 2007	1,822	$701,500
2008 YTD	4,796	$569,000
2007	15,538	$700,000

Condominium
Time Period	Number of Sales	Median Sale Price
Apr 2008	588	$384,750
Apr 2007	838	$471,000
Mar 2008	516	$398,250
Mar 2007	1,054	$475,000
2008 YTD	2,294	$385,000
2007	8,354	$460,000

Sales Statistics for RIVERSIDE County CA
Realist's most recent recording date for this county is 06/05/2008

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Apr 2008	2,531	$299,000
Apr 2007	2,314	$413,000
Mar 2008	2,233	$308,000
Mar 2007	3,103	$421,500
2008 YTD	9,411	$310,000
2007	27,536	$398,000

Condominium
Time Period	Number of Sales	Median Sale Price
Apr 2008	363	$255,000
Apr 2007	426	$318,500
Mar 2008	343	$285,000
Mar 2007	423	$335,000
2008 YTD	1,283	$286,000
2007	3,937	$320,000

REO Bank Owned, Best Buy in Covina ~1964 Covina Blvd -9- Covina Ca

2008-06-11T14:08:21Z

Kevin Hottmann | Century 21 Jervis & Associates | 714-988-1725

1964 E Covina Blvd 9 , Covina, CA

REO Owned, Best Buy in Covina

3BR/3BA Condo

offered at $289,900

Year Built	1985
Sq Footage	1,238
Bedrooms	3
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	3,223 sqft
HOA/Maint	$231 per month

DESCRIPTION

OUTSTANDING CHARTER OAK SCHOOL DISTRICT! ATTRACTIVE 3 BEDROOM TOWNHOME LOCATED IN A GREAT AREA OF COVINA. HUGE MASTER SUITE WITH HIGH CEILINGS AND A POOL VIEW. LIVING ROOM WITH FIREPLACE. NICE FLOORPLAN AND DIRECT GARAGE ACCESS. DON'T WAIT ON THIS ONE.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
Hardwood floor	Tile floor	Living room
Breakfast nook	Stove/Oven	Microwave
Laundry area - garage	Balcony, Deck, or Patio

COMMUNITY FEATURES

Garage parking	Swimming pool(s)	Sauna/Spa
Gated property

ADDITIONAL PHOTOS

Seller contact info:

Kevin Hottmann

Century 21 Jervis & Associates

714-988-1725

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 11, 2008, 9:47am PDT

Orange County Current Market Trends

2008-06-10T15:38:00Z

Los Angeles County Current Market Trend

2008-06-10T15:36:01Z

Los Angeles County

Orange County

Placentia is in a 45 Month Housing Supply as a City

2008-06-10T15:31:13Z

Current Real Estate Trend in Placentia Ca

2008-06-10T15:27:54Z

902 Saint Gertrude Santa Ana Ca 92707 REO Hot Buy!!!

2008-06-10T15:21:08Z

Kevin Hottmann | Century 21 Jervis & Associates | 714-988-1725

902 Saint Gertrude, Santa Ana, CA

REO Owned!!!, Santa Ana Hot Buy

3BR/1BA Single Family House

offered at $289,900

Year Built	1947
Sq Footage	1,206
Bedrooms	3
Bathrooms	1 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	5,707 sqft
HOA/Maint	$0 per month

DESCRIPTION

This is a Bank Owned home that includes 3 spacious bedrooms, 1 full bathroom, a spacious living room, an eating area, a open kitchen, inside laundry area, Hardwood and Tile flooring throughout, and a 2 car detached garage.

see additional photos below

PROPERTY FEATURES

Living room

ADDITIONAL PHOTOS

Seller contact info:

Kevin Hottmann

Century 21 Jervis & Associates

714-988-1725

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 10, 2008, 11:02am PDT

Great Orange County Media News

2008-06-03T12:19:35Z

GREAT Media News

If you don't already have one, go out and get a copy of the Orange County Register today (06/02/2008). Go to the Marketplace section on page 11. GREAT article on the demand for Orange County homes now being above the 2006 demand. The article also states the "market time" or time it would take to sell all the homes for sale is now at 5.6 months. One year ago this figure was 8.8 months. On page 12 is another article about economists now see Orange County homes as "undervalued"!!!

OC Register Article "Demand For OC Housing Now Passing 06 Pace"

Oc Register Article "OC-Homes Seen Undervalued 1st Time Since 03"

How Does This Affect You ?

It is important that people believe that Orange County and LA County home prices have stabilized. Once this happens more buyers will come into the market as they will fear prices going up instead of down. Many people are still talking about a continuing easing of prices but remember there are pockets in Southern California that will be weak for a while. Some areas of Riverside and San Bernardino will remain soft for several more months. As more and more positive articles come to print people will buy homes and as people buy homes the news from the media will get better and better. It is our job in real estate to get the word out. Pass this news along to as many people as possible.

Have Questions? Call Kevin Hottmann (714) 988-1725 Office , Kevin.Hottmann@century21.com Email