Homes sales and closings are up in La Mirada, California.
La Mirada, CA is located in the "burbs" of Eastern Los Angeles County, with nearby Orange County bordering on the east side of the city. If you lived in La Mirada you would be one of approximately 50,000 residents who lives in this beautiful Southern CA community.
Single Family Home Activity for July:
43 re-sale homes currently for sale in the city, almost one-half from earlier in the year.
37 pending sales
40 homes closed escrow the peak for the year, compared to 35/39/35/35/19/19 in 2009.
Average selling price was $418,800.00.
Average selling price per square foot was approximately $210.00
Condominium activity for July:
24 condos are currently for sale, about the same as the past few months.
6 pending sales, (in escrow) slightly more than the past few months.
9 properties closed escrow, compared to 3/1/2/0/5/8 since the first of the year.
Comparing same time period 2008 vs. 2009
2008 ~ $421,342 Average Selling Price ~ $282.00 Price Per Sq.Foot ~ 53 Days On Market
2009 ~ $378,021 Average Selling Price ~ $224.00 Price Per Sq. Foot ~ 65 Days On Market
If you lived in beautiful La Mirada, California you would be approximately:
27 miles east of LAX ~ Los Angeles International Airport ~ Los Angeles, CA
23 miles north/west of John Wayne Airport ~ Santa Ana, CA
36 miles west of Ontario International Airport ~ Ontario, CA
10.5 miles north/west of the "Happiest Place on Earth" Disneyland ~ Anaheim, CA
The city has been a favorite since very early in my early days in real estate. The city is also home to Biola College and the famous La Mirada Theater, home to outstanding theatrical productions. La Mirada Golf Course is upper right.
It's the 23rdannual Brea Fest featuring great food, beverages from over 35 local resturants. In addition to fun and entertainment the event takes place Friday, August 14th, 6:30 to 10:00 at the Brea Civic and Cultural Centre.
This community event is always a crowd pleaser, something for everyone, and once again featuring Kidsville sponsor by the North Hills Community Church.
Funds raised at Brea Fest help support Brea's local arts programs that take place in and around our city. FREE admission to the event and pay $3 bucks for a taste.
The City of Brea will also be spotlighted during the event with community displays of the Brea Historical Society, Friends of the Brea Library and Olinda Oil Museum .
Doors will be open to the Brea's Curtis Theater for the evening. Take a look, there's not a bad seat in the house of this place! The nearby Brea Galley will once again be featuring artists on display, I took this photo last year while at the Gallery.
Brea Fest is always a fun event, I've attended this event many times, and it's always been great fun. Enjoying the outdoors, listening to great music, watching the performances. It was always the place to be. In the past my daughter ran a booth for her employer a local beverage company. The specialty was margaritas. Needless to say that booth it was a huge success.
Brea's Civic and Cultural Center is located on Birch Street, on the north side of the Brea Mall. For more information call, (714) 990-7771 or click here for more Brea Fest info.
Summer sales heat up the Breal real estate market!
Finding a Brea home for sale today appears to be more difficult now, we're seeing an almost 40% decrease in inventory for existing single family homes for sale (from two months ago) in the City of Brea, while the number of sales were up the same amount, almost 40% higher from last month.
Brea, CA Real Estate Sales Report ~ Brea home sales heat up this summer in Orange County.
Brea Single Family Homes for July 2009:
56 re-sale homes were for sale, compared to 67 last month and 81 two months ago, 65/94/ respectively for the past few months.
33 pending sales & back-ups, up dramatically 20 last month, and 23/18/ 25/12/20/16/36/30/27/ prior months.
22 homes closed in July up from 15 last month & compared to 24/29/12/13/20/11/28/30/24/20/14/21 respectively in the prior 12 months.
Average selling price for July was $570,000 (compared to $482,668 last month) for a home with an average of 2238 square feet.
The average days on the market for July was 38, down from 53 days in June and almost 1/2 of days on the market of 70 for May.
Of the 22 single family home, only 1 appears to be a bank/owned foreclosure, yet 4 out of the 22 were identified as short-sales or pre-foreclosure.
Brea Condo Sales Activity for July 2009:
Only 10 Brea condo/town-homes were for sale, exactly the same as last month and compared to 14/16/14/6/12/9/13 in the past few months.
4 pending sales/back-ups went into escrow the same as last month compared to 6/3/3/1/4/3/1/5/7/2/1/1/ in prior months.
6 condos closed escrow in July compared to 2/1/2/6/0/5/3/4/2/5/4/2/2/0 respectively in preceding months.
2 out of 6 closings were indentified as floreclosures, with 1 short sale.
Comparing Brea home sales year-to- date 2008 vs. 2009.
2008 ~ 152 Closed Brea sales $520,235 Average Sales Price, $298.15 Sq. Ft., 85 days on the market, $293.68 price per square foot.
2009 ~ 166 Closed Brea sales Closed, $527,785 average sales price, $262.36 Sq. Ft., 73d ays on market, $259.09 price per square foot.
Brea is a City is well known for excellence in education. The schools have been definite attraction for residents in our community. We often say Brea enjoys some of the bigger city benefits, yet maintains a small town feeling. Many of us who live here feel we have the best of both worlds.
Brea, CA is very well located in Northern Orange County ~
If you lived in Brea-California you would be approximately:
30 Miles east of downtown Los Angeles.
39 Miles west of LAX ~ Los Angeles International Airport,
16 Miles north/west of John Wayne Airport in Santa Ana, CA
10 Miles north of Disneyland the "Happiest Place on Earth" ~ Anaheim, CA.
* A distressed sale is identified in the So Cal Multiple Listing Service as a property that is either, bank-owned, a short sale, in foreclosure, or a notice of default has been filed among other things. . Not all listing agents properly identify the status with accuracy, that's why I indicated a "minimum" of these sales have been identified this way.
Have we turned a corner, or is this just another blip in the real estate radar?
Today was another typical day in So Cal real estate in the first-time buyer price range. I began working with a couple last week-end, a CRS (Certified Residential Specialist) referral from another state. They've been renting here for a while and decided it was the right time to buy, and they are obviously not alone.
Last Saturday was the first time we were out together, we viewed eight homes, they narrowed it down in their minds to two of them. Their first choice a 1950's home had room addition issues, two unfinished rooms and no building permits. There was also a question about another add-on room and whether or not it had been permitted years ago. They wanted to speak with their contractor friend prior to submitting an offer. As their agent, this sounded completely normal to me. They called me the next day with questions, I called the listing agent and to my surprise it sold the night before with 10 offers, with apparently no questions asked.
Nest I called on the second choice, newer construction in a PUD, after receiving eight offers the seller decided not to sell after all.
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Fast forward to today, great four new properties (yes only 4 homes in their price range in four different cities) that were non- short sale listings and here are the results:
1. $399,000 - single family home has five offers, owners not making a decision until next week. Who knows by then the offers will double.
2. $390,000 - patio home, 1 offer, but good, it's still available so we can view this one.
3. $399,000 - single family home, 14 offers according to the agent (listed 2 days) and of course over asking price including a 40% & 50% down offers.
4. $379,000 - townhome, ah ha, this one is still available and NO offers, what's up? You guessed it, appointment only with the agent who is just too busy to show it. (I don't even want to get started with my opinon of this one.)
This is the second time today I've experienced this scenario when looking for properties to show. In reality, it's been going on for a couple of months, almost every transaction has been a situation of multiple offers on both sides, listings and sales.
So my big question is,what's going on?
Please tell me, are you experiencing the same thing in your market?
Have we rounded the corner, is consumer confidence improving?
Is it supply and demand because lenders are holding off on flooding the market with large numbers of REO's?
Is it the $8,000 tax credit?
Or are we experiencing the early stages of housing recovery?
Brea, CA Real Estate Sales Report ~ Brea home sales hold steady in the Orange County housing market while Brea homes for sale (current inventory) remains lower this year than 2008. Check it out and see why Brea's the place to be!
Brea Single Family Homes for June 2009:
67 re-sale homes were for sale, almost the same as last month at 68 yet down 17% from two months ago at 81 and 65/94/ respectively for the past few months.
20 pending sales & back-ups, almost the same as 23 last month at 18 and compared to 25/12/20/16/36/30/27/27/24 prior months.
22 homes closed in June compared up from 15 last month & compared to 24/29/12/13/20/11/28/30/24/20/14/21 respectively in the prior 12 months.
Average selling price for June was $482,668 (compared to $537,480 last month) for a home with an average of 1843 (slightly smaller than May) square feet.
The average days on the market was 53, compared to 70 in May.
Brea Condo Sales Activity for June 2009:
Only 10 Brea condo/town-homes were for sale, compared to 14/16/14/6/12/9/13 in the past few months.
4 pending sales/back-ups went into escrow, compared to 6/3/3/1/4/3/1/5/7/2/1/1/ in prior months.
2 condos closed escrow in June compared to 1/2/6/0/5/3/4/2/5/4/2/2/0 respectively in preceding months.
Comparing Brea Home Sales for Six Months Jan./June 2008 to Same Time 2009:
2008 ~ 121 Brea Sales Closed, $520,800 Average Sales Price, $298.15 Sq. Ft., 89 Days on Market, and a minimum of 19% of the sales were identified as a *"distressed sale".
2009 ~ 140 Brea Sales Closed, $531,000 Average Sales Price, $262.36 Sq. Ft., 80 Days on Market, and a minimum of 39% of the closings were identified as "distressed sales".
Brea is a City is well known for excellence in education. The schools have been definite attraction for residents in our community. We often say Brea enjoys some of the bigger city benefits, yet maintains a small town feeling. Many of us who live here feel we have the best of both worlds.
Brea, CA is very well located in Northern Orange County ~ If you lived in the Southern Cal community of Brea you would be approximately:
30 Miles east of downtown Los Angeles.
39 Miles west of LAX ~ Los Angeles International Airport,
16 Miles north/west of John Wayne Airport in Santa Ana, CA
10 Miles north of Disneyland the "Happiest Place on Earth" ~ Anaheim, CA.
* A distressed sale is identified in the So Cal Multiple Listing Service as a property that is either, bank-owned, a short sale, in foreclosure, or a notice of default has been filed among other things. . Not all listing agents properly identify the status with accuracy, that's why I indicated a "minimum" of these sales have been identified this way.
We had a great time...participating the the American Cancer Society's 24 Hour Relay For Life, the first event of this type on the campus of the beautiful Brea-OlindaHigh School in Orange County, CA.
That's right we participated as a team this year in the event and had a blast while also raising over $5,000 from our little team for the cancer fund. When it comes down to it, I don't know of a person or family who has not been directly touched one way or the other by cancer. It's doggone time for us to put a stop to it now!
Our team organized by Christina Gerberding and Steven Aultman did more than an outstanding job, organizing the team, raising funds and awareness for the cause by rounding up an enthusiastic group of participants. Our team knows as Aloha Ohana (complete with a Hawaiian theme) had at least one walker on the track for the entire 24 hour time period.
The photo on the upper left pictures two of the celebrated survivors, participating in the survivors lap the first of the day, both diagnosed and beating Leukemia! Kristen on the left is a young Mom with two small daughters of her own, both who joined us on Relay Day. Also Katie on the right, is my seven year-old granddaughter diagnosed at age 5 who is beating cancer herself. Both are living today thanks to advances made in cancer treatment.They, along with other survivors kicked off the event leading the event with a lap of their very own. After wards, throughout the day volunteer participants kept the event alive with taking turns on the track all 24 hours.
Members of the Brea North Mom's Club showed their support by participating as walkers and by providing baked good for the bake sale fund raiser at the event. On a personal note, these are some of the most supportive young women I've ever encountered. My hats are off to each an every member of the Brea Moms Club North.
After dark we participated in a solemn lap around 9:00 pm, the lighting of the luminarias in remembrance of loved ones who lost their life to cancer. As we walked in silence and in the dark we were reminded with the glow of each luminaria as names were read out loud over the p.a.system. As you looked up in the stadium seats, you could see the work HOPE a glow, it was a an inspiring for all of us.
Then, once the lights came back on everyone began settling in for the night. Tents were set up earlier in the day for the 24 hour session. Some settled in while others hit the track.
Fortunately I live only a few miles from the high school so I headed home for about 4 hours of sleep. My next session was a quiet one, 5:00 a.m. to 6:30 Sunday morning while most were sleeping. It was a wonderful experience, the early hours were quiet and very peaceful. After the sun was up for a while the energy came alive once again.
Our 24 hours ended with a re-cap of the event and then a celebratory lap with everyone participating. The photos below are just some of our wonderful team, those who gave of themselves to make a difference in the lives of others...MY THANKS TO YOU ALL!
There is no doubt in my mind that we have all been affected by cancer, each and every single one of us. Years ago, while in college my instructor was confident that we would have a cancer cure in ten years...sadly we still see it today, our family and friends of all ages...cancer knows no limits...you don't have to be a smoker, or whatever. Just look into the eyes of a child to know that.
So if you're up to it, I'd encourage you to participate in such a worthwhile event, the Relay For Life in your own back yard, you will be glad you did!
So what's happening in the La Habra real estate market today?
Here's the scoop: This report will provide you an overview of the residential real estate activity as compared to prior months in La Habra for both single family homes and condo sales for June 2009.
If you're a home buyer or a home seller it's essential you have an understanding of today's real estate market when it comes to market conditions in pricing and inventory.
For Home Buyers: It's important to begin the loan process in advance of your home search. Once approved you normally have greater strength in negotiating prices.
For Home Sellers: It's about positioning vs. pricing. Getting ahead of others is crucial for a timely sale. That's right, pricing ahead of the competition, including foreclosures/bank owned properties. 60% of the closings in June were identified as distressed sales.
Single Family Home Sales Activity for June:
62 homes were for sale, the lowest number we've seen in a year, as you can see compared to 80/90/120/136/128/153/180/129/149/153/182/216 prior months.
43 pending sales in escrow during the month, compared to 41 sixty days ago and compared to prior months of 26/30/36/20/19/34/24/18/25/34/37 pending sales.
28 homes closed in June down from 36 sixty days ago and compared to 41/30/42/14/25/26 in prior months.
$398,425 was the average closed sales price for June (compared to $362,800 sixty days ago) with an average size of 3 bedrooms 2 baths and 1,739 square feet, with an average 61 days on the market.
57% of the closings were identified as distress sales, either short sales, in the process of foreclosure or bank repos.
Final sale price was 99% of the asking price.
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Condominium Sales Activity for June:
36 condo/townhomes were for sale, also lowest number for 2009, and compared to 50/56/65/63/65/71/72/63/82/83 previously.
15 pending sales (in escrow) month and compared in 20/9/7/18/7/6/12/23/11/6/5 for prior months.
15 closed, up from 10 sixty days ago compared to 11/18/8/11/10/3/8/10 in prior months.
$189,100 was the average closed price (compared to last two months of $193,600 $207,800 respectively)
64% of the condo sales for June were identified as distress sales, i.e. short sales, in the process of foreclosure or bank repos.
The average condo size was 2 bedrooms and 2 baths at 1,000 square feet, with an average of 109 days on the market.
Over 60% of the closed sales for June 2009 in the City of La Habra were identified in the MLS as distressed sales. Meaning for the most part either short sales of bank repos.
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If you are thinking of selling your Orange County home consider this:
87% of all home buyers begin today with the Internet for their home search.
80% of Orange County is on-line.
The average age in Orange County is 36 and I don't know of a "thirty something" person in Orange County who is not on line.
Want to know more about La Habra 90631 Real Estate?Lynda@PreferredHomeBrokers.com, view Preferred Home Brokers and see why we're one of the longest established independent brokerages in Orange County under the same ownership.
Do you recognize this face? No doubt you've seen photos of this face thousands of times, yet perhaps from a different perspective. It's my personal visit with the Lady.
This is the face of freedom, the face of liberty, the face of hope as millions of bright-eyed immigrants sailed into the harbor.
This is of course the face of Lady Liberty, the Statue of Liberty. This life size model is on display in the Statue's Museum on Liberty Island.
Early this a.m. the local morning showed the Statue of Liberty is opening today the crown for visitors for the first time since 9/11.
I took these photos last December on a cold blustery day while visiting New York City and of course a visit to the Statue of Liberty on Liberty Island.
We were in the "Big Apple? for a visit with family and friends including fellow Rainer Marlene Bridges to help celebrate my daughter's birthday. And of course the Statue of Liberty was high on our list for a visit. Yet for me this visit was from a different perspective, it was a very up close look at Lady Liberty.
Top left is the original 1886 torch which after many years of weathering was removed and preserved inside the island's museum.
Middle, is one of my favor photos that I shot from inside the processing center on Ellis Island. I can only imagine the thoughts of hope shared by millions arriving from across the seas. My own grandparents traveling with a 2-year old child in 1913 from Amsterdam Holland were among those looking for a better life in America, the land of opportunity. The Ellis Island website maintains a history of passenger records of those processed through the center. It's an amazing look back in time.
Right the full scale foot of Lady Liberty.
Without exception our visit was an experience of a lifetime for this proud immigrant's granddaughter. them if you like.
God Bless America the land that I love ~ Happy 4th and happy birthday birthday USA!
~ All photos are my own from December 2008, feel free to use them if you like.
Brea is a City is well known for excellence in education. The schools have been definite attraction for residents in our community. We often say Brea enjoys some of the bigger city benefits, yet maintains a small town feeling. Many of us who live here feel we have the best of both worlds.
Brea, CA is very well located in Northern Orange County ~ If you lived in the SoCal community of Brea you would be approximately:
30 Miles east of downtown Los Angeles.
39 Miles from LAX ~ Los Angeles International Airport,
16 Miles from John Wayne Airport in Santa Ana, CA
10 Miles from the "Happiest Place on Earth" Disneyland ~ Anaheim, CA.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
to fun and entertainment the event takes place Friday, August 14th, 6:30 to 10:00 at the Brea Civic and Cultural Centre.
Planning on spending a day or two here? Check out, 
inventory for existing single family homes for sale (from two months ago) in the City of Brea, while the number of sales were up the same amount, almost 40% higher from last month. 
Comparing Brea home sales year-to- date 2008 vs. 2009. 
Brea's 
Brea's 
We had a great time...participating the the American Cancer Society's 
first of the day, both diagnosed and beating Leukemia! Kristen on the left is a young Mom with two small daughters of her own, both who joined us on Relay Day. Also Katie on the right, is my seven year-old granddaughter diagnosed at age 5 who is beating cancer herself. Both are living today thanks to advances made in cancer treatment.They, along with other survivors kicked off the event leading the event with a lap of their very own. After wards, throughout the day volunteer participants kept the event alive with taking turns on the track all 24 hours.
provide you an overview of the residential real estate activity as compared to prior months in La Habra for both single family homes and condo sales for June 2009. 
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from a different perspective. It's my personal visit with the Lady.
why Brea's the place to be!
munity of Brea you would be approximately:
;)
;)
