market report: September 2013 Anaheim Hills CA Real Estate Market Report - 10/17/13 08:44 AM
ANAHEIM HILLS CA REAL ESTATE LISTINGS REACH A 16 MONTH HIGH
The number of homes for sale in Anaheim Hills, California reached a 16 month high, with listings rising nearly 14% between August and September 2013. Inventory also jumped by 46% on a year over year basis. However, even with the recent surge in Anaheim Hills real estate listings, it's important to note that inventory is still quite low. Another thing to remember, is the fact that some of these "home sellers" are merely testing the real estate waters, and are not truly interested in selling their home unless they can … (1 comments)

market report: August 2013 Southern California Real Estate Market Report - 10/07/13 07:02 AM
SOUTHERN CALIFORNIA INVENTORY RISES ALONG WITH SALES AND THE MEDIAN HOME PRICE
Although the inventory of homes for sale in Southern California has shown some upward movement, it hasn't hampered the real estate recovery. In August 2013, the number of Southern California real estate sales increased, as did the median home price, when compared to figures and prices from one year earlier. In addition, distressed sales continued to decline, as more Southern California homeowners regained lost equity, and were able to complete standard real estate sales, as opposed to a short sale or losing their home to foreclosure.
Get all … (1 comments)

market report: August 2013 Yorba Linda CA Real Estate Market Report - 09/23/13 04:59 AM
YORBA LINDA REAL ESTATE LISTINGS HIT A 19 MONTH HIGH
By the end of August 2013, the number of homes for sale in Yorba Linda, California rose to the highest level in more than 19 months, and posted a year over year increase of nearly 28%. Although listings have jumped, they remain relatively low, especially when compared to the peak of the recent real estate implosion. It's also important to note that, while inventory figures have surged, active listings in the entry level price range of $500,000 and below are still severely lacking, leaving many first time buyers priced out of … (0 comments)

market report: August 2013 Villa Park CA Real Estate Market Report - 09/21/13 03:35 AM
REAL ESTATE INVENTORY SHRINKS IN VILLA PARK CA
The already low inventory of homes for sale in Villa Park, California dwindled even more in August 2013, with a month over month decrease of 15.4%. When compared to August of the previous year, the total number of active listings increased by only 1 home, or 4.8%. Little change in real estate activity is common in Villa Park, as well as stable home prices, due to high desirability.
Pending home sales held steady in Villa Park, California, between July and August 2013, but decreased 30.8% on a year over year basis. As summer … (1 comments)

market report: August 2013 Placentia CA Real Estate Market Report - 09/19/13 04:36 AM
LISTINGS AND REAL ESTATE SALES JUMP IN PLACENTIA CA
Like many surrounding north Orange County cities, the number of homes for sale in Placentia, California rose by 25% between July and August 2013, and the year over year increase was 42.9%. Yet and still, an inventory shortage remains, which encourages buyers to participate in bidding wars, and pushes sales prices higher. Another contributing factor to the price hikes is the dwindling distressed listing market; Since August of last year, foreclosure listings have fallen 75%, and short sale listings dropped 50% in Placentia, due to the rising number of homeowners with regained … (0 comments)

market report: August 2013 Orange CA Real Estate Market Report - 09/18/13 07:47 AM
ORANGE CA REAL ESTATE LISTINGS INCREASE BY DOUBLE DIGITS
Real estate listings increased nearly 12% between July and August 2013, and year over year, the number of homes for sale in Orange, California jumped 26.9%. Although listings have crept up to their highest level since May of last year, the market is still out of balance, with far more potential buyers than sellers. Due to the continued low inventory, home prices have risen slightly throughout the majority or Orange and Orange Park Acres.
As expected, pending home sales fell 17.4% month over month in Orange, and by more than 45% … (0 comments)

market report: August 2013 Fullerton CA Real Estate Market Report - 09/16/13 08:55 AM
FULLERTON REAL ESTATE LISTINGS RISE AGAIN IN AUGUST 2013
The number of homes for sale in Fullerton, California rose for the third consecutive month, posting an increase of 23.1% between July and August 2013, and a year over year gain of 30.5%. Although Fullerton real estate listings have increased, the inventory level remains low and is still far below what would be seen in a balanced market of buyers and sellers. This is especially true when it comes to the number of available listings in the entry level price range of $500,000 and below.
Pending real estate sales continued to decrease … (0 comments)

market report: August 2013 Corona CA Real Estate Market Report - 09/14/13 09:24 AM
HOMES SELLING ABOVE ASKING PRICE IN CORONA CA
In August 2013, the number of homes for sale in Corona, California rose to the highest level since April of last year. Listings jumped 26.2% between July and August, and by nearly 39% year over year. Although this surge is not great news for homeowners and home sellers, inventory remains fairly low, considering the size of Corona, and prices have continued to rise throughout the year.
Pending real estate sales fell 4.2% in Corona, on a month to month basis, and plunged almost 50% when compared to last August. Based on the current … (0 comments)

market report: August 2013 Brea CA Real Estate Market Report - 09/13/13 07:29 AM
BREA CA REAL ESTATE LISTINGS DECREASE IN AUGUST 2013
Unlike many surrounding north Orange County cities, Brea experienced a 9.1% drop in real estate listings on a month to month basis. However, there was a year over year increase in the number of homes for sale in Brea, California, of more than 31%. While listing figures rose in August 2013 and previous months, they remain well below average, and have left potential buyers with little to choose from. This is particularly true in the entry level price range of $500,000 and below.
Pending home sales in Brea remained fairly neutral between … (1 comments)

market report: August 2013 Anaheim Hills CA Real Estate Market Report - 09/12/13 05:17 AM
DOUBLE DIGIT JUMP IN ANAHEIM HILLS REAL ESTATE LISTINGS
For the fifth consecutive month, real estate listings rose, causing a month to month increase of 10.3%, in the number of homes for sale in Anaheim Hills, California.  And, compared to one year earlier, August 2013 listing figures jumped 21.7%. However, it's important to note that real estate inventory is still incredibly low; The number of real estate listings in August 2013 were still well below normal, especially in the entry level price range of $500,000 and below.
In August 2013, Anaheim Hills pending home sales fell 12.9% month over month, and … (0 comments)

market report: July 2013 Southern California Real Estate Market Report - 09/03/13 08:34 AM
REAL ESTATE INVENTORY, SALES AND PRICES ALL INCREASE IN SOUTHERN CALIFORNIA
The Southern California real estate market continued to improve in July 2013, with both sales and prices jumping throughout the 6 county area, even with the recent increases in interest rates and real estate inventory. Changes were noted in the type of financing used to buy a home in Southern California, and the new "Back to Work" FHA loan program should bring about even more changes in the near future. Get all of the juicy details in the real estate market video report below >>>
 

JULY 2013 VERSUS … (3 comments)

market report: July 2013 Yorba Linda CA Real Estate Market Report - 08/27/13 09:50 AM
YORBA LINDA REAL ESTATE LISTINGS AT HIGHEST LEVEL IN 17 MONTHS
Although real estate listings reached their highest level since March of last year, the total number of homes for sale in Yorba Linda, California remained quite low in July 2013, especially for a summer month. The month over month increase was 14.4% and there was a nearly 16% increase in the year over year figures. The bulk of this growth was experienced in the standard listing category, while distressed sales continued to dwindle. Real estate prices have edged higher due to the inventory shortage and a steady demand for homes … (0 comments)

market report: July 2013 Villa Park CA Real Estate Market Report - 08/24/13 04:51 AM
IMPRESSIVE JUMP IN REAL ESTATE SALES IN VILLA PARK CA
As is typical with the Villa Park real estate market, there was little movement in the available inventory as of the end of July 2013. And, although the number of homes for sale in Villa Park, California showed a slight increase month over month and year over year, active listings remained incredibly low, especially for the summer season. As a result, home prices have continued to increase in this luxury market.
Pending home sales fell 25% between June and July 2013, and by an astounding 59%, when compared to the previous … (1 comments)

market report: July 2013 Tustin CA Real Estate Market Report - 08/23/13 09:26 AM
MAJORITY OF TUSTIN CA HOMES SELL ABOVE ASKING PRICE IN JULY 2013
There was a 12.2% jump in the number of homes for sale in Tustin, California between June and July 2013, and the year over year increase was 26.2%. Although inventory has risen, and has reached its highest level since June of last year, the total number of Tustin real estate listings is still well below that of a typical balanced market. Home prices have also continued to increase as a result of this inventory shortage, and has helped to curb the number of foreclosure and short sale listings in … (0 comments)

market report: July 2013 Placentia CA Real Estate Market Report - 08/22/13 04:21 AM
REAL ESTATE SALES DOWN BUT PRICES UP IN PLACENTIA CA
Although real estate listings rose 33.3%, on a month to month basis, by the end of July 2013, the number of homes for sale in Placentia, California remained nearly 5% lower than the figures posted one year earlier. Real estate inventory is still incredibly low in Placentia, which continues to spur multiple offers and bidding wars, when a desirable property hits the market. As a result, home prices have increased at a steady pace, over the past several years. In addition, and due to the rise in values, fewer and fewer … (0 comments)

market report: July 2013 Orange CA Real Estate Market Report - 08/21/13 09:56 AM
REAL ESTATE SALES AND LISTINGS BOTH INCREASE IN ORANGE CA IN JULY 2013
Real estate listings grew 8.6% on a month to month basis. However, year over year the number of homes for sale in Orange, California declined by 1.1% as of the end of July 2013. In addition, home prices have continued to rise, as a result of the inventory shortage, particularly in the distressed sales category; foreclosure and short sale listings have fallen consistently and dramatically over the past year, leaving few bargains for home buyers to fight over.
Unlike many surrounding Orange County cities, pending home sales increased … (2 comments)

market report: July 2013 North Tustin CA Real Estate Market Report - 08/20/13 07:50 AM
REAL ESTATE PRICES CONTINUE TO RISE IN NORTH TUSTIN CA
Although the number of homes for sale in North Tustin, California increased nearly 20% in the past month, listings remained 12.7% below the number documented one year earlier. In a historical context, inventory is incredibly low, which is the primary, contributing factor to the rise in home prices in North Tustin. A shortage of distressed listings, combined with an exceptional school district helped to keep this desirable city stable throughout most of the real estate downturn.
As anticipated, the number of pending home sales fell 27.5% between June and July 2013, … (0 comments)

market report: July 2013 Fullerton CA Real Estate Market Report - 08/19/13 08:21 AM
REAL ESTATE LISTINGS HIT A 12 MONTH HIGH IN FULLERTON CA
Real estate listings increased to their highest level since June of last year, with a month over month jump of 23% in the number of homes for sale in Fullerton, California. However, inventory remains low, which has continued to push prices higher in Fullerton. Another factor contributing to the jump in prices is the lack of distressed listings in Fullerton, which have all but vanished. This is especially true of short sale listings, which posted a  decrease of nearly 74% in July 2013, when compared to the previous year.
(2 comments)

market report: July 2013 Corona CA Real Estate Market Report - 08/18/13 11:23 AM
VAST MAJORITY OF REAL ESTATE SALES CLOSE ABOVE ASKING PRICE IN CORONA CA
There was a 16.9% jump in the number of homes for sale in Corona, California, on a month to month basis, and a 5.4% increase, when compared to July of last year. Although available inventory has crept up in the past several months, it still pales in comparison to the number of real estate listings that were on the market throughout most of 2012. In addition, the supply of homes for sale remains very low, considering the size of Corona, and multiple offers are still common and widespread. … (0 comments)

market report: July 2013 Brea CA Real Estate Market Report - 08/16/13 07:26 AM
REAL ESTATE LISTINGS UP BUT STILL VERY LOW INVENTORY IN BREA CA
Brea, California real estate listings reached their highest level since May of last year, with a 19.5% month over month increase, and a jump of 30.9% year over year. It's important to note, however, that the number of homes for sale in Brea is still well below what is seen in a balanced market. At this point, there are still more buyers than sellers, which continues to cause bidding wars and upward movement in prices. In addition, distressed sales have decreased dramatically, leaving few bargains in the city of … (0 comments)

 
Momentum Realty, Orange County CA Real Estate Agent (North Orange County CA Real Estate Specialists)

Momentum Realty

Orange County CA Real Estate Agent

Yorba Linda, CA

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North Orange County CA Real Estate Specialists

North Orange County and Riverside County California Real Estate Sales: Anaheim Hills - Brea - Corona - Fullerton - Norco - North Tustin - Orange - Placentia - Tustin - Villa Park - Yorba Linda


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