Standard Sale on a Wonderful Home in Whittier's Michigan Park. A Rare Find in the Highly Sought-After Michigan Park NeighborhoodOpen House Address: 8261 Ocean View Avenue, Whittier, CA 90602 This Saturday and Sunday, January 22-23, 2011 Time: 1 - 4 p.m. 3 Bedrooms, 2 Bathrooms. 1811 Squ
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01/21/2011
A new article by 24/7 Wall Street points out that 8 states are running out of buyers. California is number 4 in their list. Why is this important to home sellers? Well, if there aren't enough buyers, it means that homes will linger longer on the market, and prices will continue to go down. Th
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01/21/2011
There are currently more homes for sale in Whittier than there have been in any month since March 2009. Today, January 21, 2011, there are 510 homes listed for sale in the Multiple Listing Service. I have been tracking these numbers personally, and putting them into a funnel representation since
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01/21/2011
Do you really want your home to sell?Nearly 20% of all homes for sale in Whittier in 2010 expired. In other words, they were put on the market for sale, but they did not sell.In 2010, 1,294 of the properties that were put on the market for sale actually did sell. However, there were also 318 ho
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01/12/2011
Let's say that in October 2010 you were preapproved for a certain amount, but you have put off your home search for the holidays. Well, you may be surprised to learn that you no longer qualify for the cost of the home you want to purchase.Why?Two main reasons: First, interest rates have increas
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12/28/2010
Standard Sale on a Wonderful Home in Whittier's Michigan Park. A Rare Find in the Highly Sought-After Michigan Park Neighborhood3 Bedrooms, 2 Bathrooms. 1811 Square Feet Year Built: 1951 $559,000If you are someone who would love to live in the Michigan Park neig
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12/21/2010
I've been hearing a lot about the Dead Cat Bounce lately. No, no, no, I'm not talking about the Australian band, the Dead Cat Bounce. I'm talking about the market. Which market? You name it: the real estate market, the stock market, the commodities market.The scuttlebut I have been hearing i
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12/20/2010
They say the most important factor in real estate is location. Well, for Whittier real estate, it doesn't get any better than one of the Historic Districts around Uptown Whittier.The Historic Districts of Whittier are: The Whittier Historic Neighborhood Association The Whittier Central Park Hist
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12/19/2010
In my post a few days ago, I reported that Freddie Mac had published the previous Friday interest rate at 4.61%. Today, interest rates rose again, to a nationwide average of 4.83%.Rates are continuing to rise, which could mean that many, many buyers who were preapproved to buy a home in November
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12/16/2010
According to Freddie Mac, interest rates for home loans reached their all-time lows on November 11, 2010, when the interest rate for a 30-year fixed rate mortgage averaged 4.17%. Last Friday, on December 9, 2010, rates rose to 4.61% for that same 30-year fixed rate mortgage.What does this mean fo
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12/13/2010
