Where are the houses?

Tired of waiting for your house to come on realtor.com? How come everything is sold on trulia.com? Why hasn't my realtor sent me any houses?

Boy are those common statements these days! According to the National Association of Realtors

TOP DOLLAR LANE! 

Lawrence Yun , NAR chief economist, said conditions for continued housing improvement are at play. "Job growth in the improving economy and pent-up demand are causing both home sales and rental leasing to rise. Though home prices are rising much faster than rents, historically low mortgage rates are still making home purchases affordable," he said. "The only headwinds are limited housing inventory, which varies greatly around the country, and credit conditions that remain too restrictive."

What's going on these days with the lack of inventory for our buyers? That is the million dollar question right now! Who is buying the few homes that are on the market? According to the California Association of Realtors, "To be competitive in a housing market with tight inventory and a restrictive lending environment, many buyers who wanted to have an edge over other buyers opted to make an “All Cash” offer for their home purchase. Since an “All Cash” transaction does not have to go through lengthy lending approval process, the escrow process is faster and is less likely to fall through, making the offer more attractive and more assured." These "all cash buyers" are pushing prices up with the limited housing inventory we are seeing prices rise leaps and bounds! According to Forbes "Multiple offers have become more commonplace and bidding wars have been cropping up regularly in the most sought-after neighborhoods. Some buyers complain that they are having a hard time securing a purchase, beat out by other bidders, let alone find a bargain"

Don't ever STOP Dreaming!

Don't distress sellers / buyers because it is your time to sell and buy! With historic low interest rates and home prices on the RISE - we find a win win for all parties involved! Lori Alvarez & team, are on the hunt for sellers who are ready and willing to sell their home for TOP DOLLAR! Need to know how much your home is worth click here! We will come a knocking and when we say we have buyers rest assured we do have patiently waiting buyers whom are willing to pay TOP DOLLAR! Our buyers along with the general market will always have first dibs on all homes we LIST to SELL! Ready for Lori Alvarez & team to help you out  click here! Our only goal is to bring everyone to the closing table and in the home of their dreams! Together we can help everyone succeed!

Exceeding clients expectations and surpassing the real estate market demands. Let us know how we can help you make your next move.

TWO HUNDRED FOUR MILLION THREE HUNDRED AND THIRTY FIVE THOUSAND DOLLARS SPENT in Glendora

So if you believe San Dimas spent some serious money last year! Glendora spent twice as much at  $204,335,361.00 to be exact.  That what was the total sum of our Glendora Real Estate homes SOLD for 2012. To be exact that was 452 homes that SOLD. So what did 2012 look like for us here in our local foothills of Glendora?

Our total population for 2012 was 50,073 people and we have had a population growth of about  .07% since 2000. Our general household income is $75,954. Glendora Unified public schools total enrollment is 7488 students, kinder -12th. Our teacher to student ratio is about 23.8 students to teachers. Then of course the API scores for the elementary schools are at 901, Middle Schools 875 and the highschool is 837, which brings the API average to a 865. This great information is courtesy of  City of Glendora . Click here for more local community information on the City of Glendora .

The average Glendora home that sold in 2012 was a 3 bedroom and 2.5 bathroom 1779 sq ft home. What does that look like in the pocket book? Well your spending on average $439,478 dollars for a home! This home is also taking about 82 days from start to finish to sell. So that equates to an average of 8.7 homes selling per week, almost one and a half  homes a day were SOLD! That is great news!

Should you want to get the current market value of your home in Glendora click on What's your home worth? Lori Alvarez and team will be sure to get you that information. The great news that puts a smile on everyone's faces is the REAL ESTATE MARKET IS ON THE RISE and it is NOW A SELLERS MARKET, with homes increasing dramatically. Oh shoot except for the buyers they may not be smiling as 2011 was their year. However buyers, the great news is when you buy real estate you know if you keep it long enough it's one of the best investments you will make, so don't despair, just get in there and be ready to put your best foot forth, it will take your TOP DOLLAR now and in a few years, those extra dollars you pay now will hopefully pay off, with even greater dollars! To search for homes in Glendora, click here!

So who can we help make their next move? Don't delay click here NOW or call us ASAP, it's a great time to make that move now!