Fed to keep interest rates low until 2013

Good news for all you home owners or home buyers, the Fed has agreed to keep interest rates low until 2013.  This means buying a home will continue to be a great opportunity, and refinancing may also be represent a good chance to save some money.  See the following link for info on the Fed move:  http://bit.ly/n15drR

Call me if I you have a question about your homes current value or if you would like help in locating a good bargain on a home or condo in today’s market.

David Mooberry, Realtor

Tarbell Realtors

(714) 931-4600

Lic # 01829329

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Placentia condos sold in the week ending August 2, 2011

According to the MLS two condos closed escrow in the last week in the city of Placentia, CA.  The average price was $288,500, the average days on market was 68, and the average discount from the original list price was 11%.

Address Sq Ft Total Beds Baths Total  Sales Price  Special Conditions
124 Sweet Ln 1,200 2 3  $279,000 REO/Lender-Owned
1767 Coolidge Ln 1,086 2 2  $298,000 Standard Sale 

If you would like to keep up with home prices in your area of interest just e-mail at DBMHomes@gmail.com.

David Mooberry

Tarbell Realtors

Lic. # 01829329

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Placentia SFRs closed sales in the last 7 days.

All information is based on MLS data.

Address  Sq Ft Total  Beds Baths Total  Sales Price  Special Conditions
348 Teton Cir  2,868 4 3  $  520,000 Short Sale
1394 Arrowhead Dr  2,505 4 3  $  525,000 Standard Sale
132 Downey Ln  3,050 5 3  $  750,000 Standard Sale 
1708 VIRGINIA Pl  2,000 3 3  $  500,000 Standard Sale 

The average sales price for the past 7 days was $573,750.  The average days on maket was 117.  The average discount from original asking price was 13%.  (Based on data supplied by MLS).

If you would like to keep up with the market in your neighborhood just send me an e-mail at DBMHomes@gmail.com

David Mooberry

Tarbell Realtors

LIC # 01829329

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New Placentia Condo Listings in the Last 7 Days

 List Price   Sq Ft Total  Beds Baths Total Special Conditions
 $ 101,900   1,052 3 2 REO/Lender-Owned
 $ 195,000      952 2 2 REO/Lender-Owned
 $ 240,000   1,200 2 3 Short Sale
 $ 295,000   1,086 2 2 Standard Sale

The average price for an active Placentia condo listed on the MLS is $260,034.

There are a total of 32 active condo listings in Placentia as of 10:46AM today (Aug. 1, 2011)

Would you like to keep up with the real estate market in your area?  Just e-mail me at DBMHomes@gmail.com for a free daily e-mail on market activity in your area of interest.

David Mooberry

Tarbell Realtors

Lic # 01829329

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New Single Family Home Listings in Placentia in last 7 days

 List Price   Sq Ft Total  Beds Baths Total Special Conditions
 $299,000  2,167 4 2 Short Sale
 $419,000  1,280 4 2 Standard Sale or Lease/None
 $450,000  1,549 4 2 Standard Sale or Lease/None
 $474,900  1,695 3 2 Standard Sale or Lease/None
 $485,000  1,953 3 3 Standard Sale or Lease/None
 $489,000  1,785 4 2 Standard Sale or Lease/None
 $495,000  1,864 4 2 Standard Sale or Lease/None
 $499,900  1,459 3 2 Standard Sale or Lease/None
 $499,900  1,982 3 3 Short Sale
 $ 39,900  2,167 5 3 Standard Sale or Lease/None
 $649,000  2,538 4 3 Standard Sale or Lease/None

If you would like to keep up with the real estate market in Placentia, or any other city just e-mail me a DBMHomes@gmail.com.

David Mooberry

Tarbell Realtors

Lic # 01829329

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Buyers Rejected for Loans Can Now Find Out Why

As published in today’s real estate news by National Association of Realtors, home buyers who are rejected for a loan will now be provided a free credit score from the lender that rejected their loan application.  According to the article, this “will help provide new insights into why they may have been rejected for a loan or did not qualify for the best, lowest rate.”  This is a new requirement under the Dodd-Frank financial reform law.

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Placentia SFRs Sales Recorded Over the Last 7 Days

The following homes were listed as sold in the MLS over the last 7 days:

Address  Sales Price  DaysOnMarket SpecialConditions
114 Orange Grove Ave  $     335,000 49 Standard Sale or Lease/None
1335 Campanis Ln  $     670,000 5 Standard Sale or Lease/None

David Mooberry, Realtor

Tarbell, Realtors

(714) 931-4600

Lic # 01829329

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