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Claremont Real Estate Market Watch - January 6-12, 2012

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Real Estate Agent with License # 01767321 BRE# 01767321

Claremont Real Estate Market Watch - January 6-12, 2012

 Market Watch      
 
Okay, so once again we are starting a new year.  Happy New Year once again to all of you.  Here is this week's Claremont Real Estate Market Watch - and we're off and running!
This week there are 7 new listings which is a good sign that people are getting more and more confident in the real estate market.  Only 1 sold and 4 went into escrow.  That's 1 homes that have new owners and 4 that will hopefully in a few weeks.  So home sales are happening in Claremont but it's not a really strong start to 2012.
porch with yellow door
There are 5 that went back on the market and 2 that have gone into backup status.  Usually the homes that go back on the market are homes where the buyer has backed out for some reason and the seller has to start all over again.  Most recently the reason most buyers back out is because of the time it has been taking for the lenders to approve short sales.  To be fair, the lenders are working on it, but it hasn't helped much to this point.
You know, I try to be positive about the amount of price changes. Claremont has 12 this week and that seems like a lot.  But with the sales for the week being at only 1, the sellers have got to do something to get their home sold.  Again, the banks change their minds on pricing sometimes but that can't be all 12 of them.
I try to stay on top of my communities and be a local expert for all of them.  So if you are interested in buying or selling or simply have questions about real estate, please feel free to contact me.  I will be more than happy to assist you!

 

**All information is taken from the IMRMLS.

Posted by

Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,

Linda K. Mayer, Realtor, SRES

License # 01767321

A Realtor you can Trust!

(626) 824-8927 Cell

LindaKMayer@live.com 

 

 

 

 

 

 

 

Comments (1)

David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Linda, I like these monthly market reports, good to get a snap shot of the local real estate activity.

Jan 12, 2012 10:11 PM