Orange County Housing Inventory is Creeping up – Fullerton Housing Too!

The push to get everyone in escrow by April 30^th to qualify for the federal tax credit has ended and it seems the mad rush is over.  So what’s been happening since?  People must want to know because everyone has been asking me!

Inventory is creeping up, that’s what’s happening!  Even though our interest rates are at historic lows, we are still seeing a little less buyer activity. The serious buyers are still out there but they expect a lot for their money.

If you’re a potential seller, don’t worry! Homes are still selling!  Buyers are savvy and though they aren’t receiving the federal tax incentive, the serious ones are out!  There are plenty of ways to ensure your home sells for the highest possible price.  If you would like any tips or hints, I am happy to help!

Check out what the Fullerton housing inventory has been doing for the past year.

Fullerton Inventory is Creeping Up

Home Owners! Watch Out for this Direct Mail SCAM!

If you are a home owner, you might have received a pretty official looking letter in the mail. It could have come from the “Recording Compliance Board” or the “Title Compliance Office”; I have seen a couple different versions.  I even received one in the mail!

It might ask you to send a processing fee anywhere from $140.00 to $160.00 to reconvey your deed or to order a copy of your grant deed.

Sure, it looks legit and official but don’t take the bait!  All they are offering to do is send you a copy of something that you can get for FREE!  Any of these documents are a matter of public record. Any Realtor® can obtain them for you.

For copies of your grant deed or any other recorded document, please contact me!  I would be happy to get that for you….FREE OF CHARGE of course!

See my Real Estate Reality Check about the real estate scam at www.fullertonstories.com.

*************************************************************************************

Cristal Drake - Prudential California Realty

Your Real Estate Resource!

Realtor®, CDPE, ID# 01272061

714-423-7525  

cristaldrake@gmail.com 

Cristal Drakeis a Fullerton Resident and Realtor® specializing in North Orange County foreclosure sales, equity sales and short sales. All information in her blog is believed to be accurate but is not guaranteed. Copyright 2009 all rights reserved.

Did You Know?….A Few Tidbits about the Fullerton Real Estate Market

Fullerton

Did You Know?….A Few Tidbits about the Fullerton Real Estate Market.

Did You Know?

In February, 2009 there was a total of 316 closed sales in Anaheim, Brea, Fullerton, Placentia and Yorba Linda?
February 2008 only had 160 closed sales in the same area?
Fullerton had 67 closed sales in February 2009 – Avg. Sales price $411,862?
Fullerton had 48 closed sales in February 2008 – Avg. Sales price $579,268?
Fullerton currently has 404 homes for sale – 156 Short Sales and 51 Bank Owned?
Fullerton had 10 Short Sale Listings close in February 2009?
Fullerton had 33 bank owned listings close in February 2009?
First time home buyers can qualify for an $8,000 first-time homebuyer tax credit?
Majority of info provided by the So Cal Multiple listing Service

Though prices in Fullerton are down, starter homes are selling! We are seeing muliple offers so you need to be quick, creative and tenacious to be in the running for your first home…especially if you are dealing with a bank!

On the national average, sales of existing homes declined in January. Inventories fell to a two-year low. According to the National Association of Realtors (NAR), buyers are waiting to see how details of the economic stimulus package will affect them. NAR’s Chief economist Lawrence Yun reports, “The drop in total inventory is an encouraging sign because the number of homes on the market has declined steadily since peaking in July 2008, and inventory is at the lowest level in two years.”

As you and I talk about buying or selling, it is important to understand that location has never been more pertinent to pricing. There are buyers ready to move and popular locations (like Fullerton) ar at the top of their list! If you have questions or concerns, know that I am here to serve your needs.

Are You Sitting On The Fence? Fullerton Buyers, Sit No Longer!

Interest rates are down!  What does this mean to you?  It means that you can buy more house or it could be that you are finally able to get off the fence and become a homeowner!

Home prices are down too!  Many first time home buyers that that thought they “missed the boat” a few years back are finding that they are back in the game!  Some thought the dream of home ownership would not become a reality.  It is becoming real now.

Not sure where to start?  Start at the beginning….and here you are!  If you are reading this article then you are in the right place.  You need a Realtor that can explain the process step by step and make sure you are taken care of an protected every step of the way; someone who understands that taking the step towards home ownership can be scary and overwhelming.

If you think you might be ready to see what is involved with becoming a home owner, give me a call or shoot me an email. We can just have a conversation and see if you are ready to take the next step.  No pressure. I am sure you have lots of questions and my job is to get you the answers.

When you talk to a Realtor (R) that understands the market and has your best interest at heart, you would be surprised about some of the options available to you:

• $7500 first time home buyer tax credit
• Possible seller assistance with costs
• Holidays are a great time to shop – less competition from other buyers

Check out some of my other articles to get to know me little better and then give me a call…I would appreciate the opportunity to be of service and to earn your business.  

My Buyer Became My Friend

Are You Trying to Time the Market?

Bank Owned Craftsman – Near Downtown Fullerton!

Bank Owned Vintage Craftsman Home – Jacaranda, Fullerton!

Location: Golden Hill

The Vintage Charmer that you have been eyeing has gone back to the bank! This delightful home is located in the historic Golden Hill area and not far from Downtown Fullerton! It is just as cute as a button with two bedroooms, original bathroom tile, original built-ins and hardwood floors. The Light and bright kitchen has plenty of storage. Open the glass door in the dining room to reveal a quaint side yard, then on around to the back for a covered wood deck and on still to the very back yard complete with producing fruit trees! This home is light and bright and just waiting for someone to appreciate it. All this in a neighborhood with all the nostalgic charm you could ask for!

Information

Contact Information

Cristal Drake

714-423-7525

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Pricing

Price: $399,000

Additional Pricing Information: The bank wants this home sold right away so take a look and make your offer!

Property Location

500 W. Jacaranda Pl.
Fullerton, CA 92832
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Features

Bedrooms: 2

Bathrooms: 1

Parking Spaces: 2

Year Built: 1922

Lot Size: 7308

Garage Size: 1 car

School District: Fullerton

Square Footage: 940

Agent Name: Cristal Drake

Broker: Re/Max North Orange County

MLS #: p661597

Attributes

Appliances

Range/Oven

Dishwasher

Interior Amenities

Hardwood Floors

Exterior Amenities

Covered Deck

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EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1970795

The Fullerton Chamber of Commerce is Here to Serve You!

I have always tried to keep my business in the city I live in.  Years ago when I moved to the City of Fullerton, I called up the Fullerton Chamber of Commerce and had their business directory sent out.  Since then I have used it to find the businesses to handle almost all my needs.  What better way to find a vendor/contractor that is accountable and gets involved in the city they serve?

Not too long ago I recommended to a friend that was starting a new business to get involved in the Fullerton Chamber of Commerce too.  She tried it for one year and then did not re-new saying that he thought it was only about other people trying to sell him their wares and that he never received any business.

Oh to the contrary!  I think that people don’t realize what they are receiving when they join the Fullerton Chamber of Commerce.

You are getting a ready made networking platform and an opportunity to get involved with the movers and shakers; the people that conduct business and care about Fullerton.  As a consumer, you are receiving the referral to a tried and true professional!

I love Chamber functions and go to everyone that I can!  It is not about the lunch hour or cocktail mixers (though they are fun) but a chance to meet the wonderful, generous people in your city and to introduce yourself to them.  It is a good way to talk about what is going on in Fullerton and how you might be able to help one another!

Here is a big Shout Out to the Fullerton Chamber Of Commerce, Theresa, Erin and Leah, you ladies are so amazing!  You give out great information and are so supportive of the businesses in the city.  I appreciate all you do for our wonderful city of Fullerton and the businesses here!

Last week’s Fullerton Chamberwas held in the patio in The SOCO District and was sponsored by the Fullerton Downtown Business Association.  Thank you to: Heroes, Roscoes, All Media, Leslie Kristen Interiors, Frati Gelato, and the others for a great BBQ complete with a full bar and live music.  The Patio area in SOCO was such a great location!  We had so much fun.

So next time you are thinking of looking in the phone book for a graphic artist, plumber, caterer or any other business, try the Fullerton Chamber of Commerce first.  Chances are they will have a great contact for you!  If you are Fullerton business, check out the opportunities that the Fullerton Chamber of Commerce has for you!

Fullerton Chamber of Commerce www.fullertonchamber.com 444 N Harbor Blvd # 200 Fullerton, CA 92832 (714) 871-3100 Get directions

Meet At The Market! Downtown Fullerton Farmer’s Market on Thursdays!

One of the things I really love about Fullerton is that they have their very own Farmer’s Market (in fact two).  I look forward to the THURSDAY one every year as it is only from April through October.

Can you believe that yesterday was the first time I have been there this year?  I can’t believe it!

My friends and I all text, call or email about meeting at the market.  We never have a certain time or anything since we all have kids, jobs, etc… but we just hope to catch one another there. 

No friends you say?  This is the BEST place to meet them!  Just go the the Market on Wilshire and Harbor on Thursdays between 4:00 and 8:00.

Go to the Beer Garden!  I have made so many new friends here and a lot of people that are new to the area tell me this is where they have gone to meet new people.  It is ok to go by yourself!  You will make friends quickly!

There is more than just beer too!  You can bring your kids to ride the train, eat some yummy baked goods or other good stuff from the food vendors, buy some fresh fruits and veggies and listen to the weekly band.  It is fun for the whole family!

Fullerton Farmer’s Market,Thursdays (April through October), 4:00 to 8:30, Wilshire and Harbor in Downtown Fullerton.

See you there!

Cristal Drake – Fullerton Area Realtor – Re/Max North Orange County – 714-423-7525

PS – Next Time I will take some pictures for ya! )