Brea, CA Real Estate News

By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
 Brea, Orange County, California 92821 The City of Brea, CA is a relatively  small community located in Northern Orange County CA bordering the counties of Los Angles and San Bernardino.  Although most of us who live in this community love the small-town atmosphere, while enjoying some of the bigger-city benefits. Many of us live in this community because of the fine schools, quiet neighborhoods and great location.     Yet few know Brea is also home to major U.S. corporations including ResMae and Avery Dennison just to name a few. Brea's beautiful Olen Pointe is one of our cities major centers for commerce.  Nestled slightly up the hill, just north of Lambert Rd. immediately east of California's 57 Freeway this complex is a dynamic upscale center for business for today's business.  The ...
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By Laura Weber
(S&S Mortgage Co. Inc.)
OK I am back with more information for the FICO Fans.I will start with some FICO history for you.At some point the credit bureaus had archived many many piles of credit reports.  They decided to profile all of these reports to see if they showed any clear distinctions.  There was a total of 1.5 million credit reports complied.These 1.5 million reports were then organized and profiled into 10 piles or "sections".Sections 1 - 8 were organized and profiled as good credit.Sections 9 & 10 were organized and profiled as bad credit.The Sections will now become known as, and referred to as "score cards". By now you should be asking, so what is the difference between the good and bad reports?  And the answer is simple...Score card #9 has a 60 or 90 Day Late included in it's history.Score card #1...
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By Namneet Dhaliwal President / Broker - Realtor, Sincerity, Trust and Commitment to Excellence!
(Zone Realty. Inc.)
Currently there are 146 Active listings in SoCal MLS for city of Brea CA and there are 43 homes listed as pending sale. At this time it is still a balanced market, but buyer friendly. Real Estate prices could suffer as there is limited supply of buyers. Due to 100% financing demise, it will be much harder for first time home buyers to enter into the market. Many banks are changing their guidelines on daily basis and future loans are going to be FICO driven. Still there are banks willing to lend 90-95 percent of property value if borrowers have FICO score higher than 680. Today Realty and Investment is also offering Mortgage through its mortgage division "Integrity Home Finance".We offer Free Credit report and pre-qualification and will help our clients to find the best deal in the town.
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
  Sunset Magazine named Brea,CA  one of the Best Places to Live among five states in the Western United States. This Northern Orange County community enjoys the feeling of the small town atmosphere, yet with bigger city benefits. The Brea Mall is one of the countie's top grossing shopping malls. Brea's down town area has been redeveloped with the Birch Street Promenade.  The downtown area includes a pedestrian area of shops, restaurants, movie theaters and residential lofts. Check out Brea on a budget, fun low cost/no cost things to do around town.       Brea is also a community known for excellence in education. Located approximately 30 miles south of Los Angeles, adjacent to neighboring  L.A. and San Bernardino Counties. Population 39,000 Most home prices from the low  $400.000's  to...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea, California 92821 Downtown Brea is the place to be! It's a place for entertainment, plenty of movies to choose from and free parking. It's a place to wine, dine or just grab a quick meal. It's a place to shop, and a place to have fun! Location ~ Birch Street and Brea Blvd just north of Imperial Hwy and west of the 57 Freeway using the Imperial Hwy. exit. The downtown area features a Certified Farmer's Market every Tuesday. Summertime concerts  are a perfect week-end entertainment.                                                                                                                                                                                                            The colorful Birch Street Lofts are built over ground level shops and restaurants. From the downtown ar...
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By Namneet Dhaliwal President / Broker - Realtor, Sincerity, Trust and Commitment to Excellence!
(Zone Realty. Inc.)
2006 marks as a year of highest number of expired listings in Orange County CA Real Estate since year 2003. See numbers and graph at Expired Listings and Orange County Real Estate Value Normally listings are active for four to six months, a great number of these properties had price reduction from their initial listings price and still did not sell. These numbers are another proof of the slower market and buyer's skepticism .
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Some of Lynda Eisenmann's observations of the wonderful City of Brea, Orange County, CA  Brea's the place for people of all ages. The outstanding community center is an outstanding resource center for our youth, families, seniors and singles. The after school program is perfect for a supervised positive experience. You can find something for everyone here. Summer concerts in the park and the annual Brea Fest are great fun. Brea's the place with a strong economic base. City residents enjoy a high level of public services rarely found in a community of 39,000. The strong commercial & industrial sectors provide employment opportunities in addition to a solid tax base benefiting s Brea's citizens. We love for other's to shop at the Brea Mall! Brea's the place for excellence in education. Th...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
BREA CA 92821, 92823 ~ Real Estate Market Report As of January 2007 Brea is such a great place to call home. As you know our community of Brea is like many others who are beginning to feel the impact of the slow down in the real estate market. While our area remains desirable, we are not immune to the downturns. Home values in Brea are a little above the mid-range for the County of Orange.  Supply vs. demand varies fairly consistently with surrounding OC communities.  During the low inventory market of 2004-2005 at times our inventory dropped to a low of 29 active units for sale for the entire city.  As of 1/2007 we currently have about a 6 ½ month inventory, 153 units, (single family and condos) for sale in our city.          Most single family homes are priced from $600,000- $1,200,00...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Beautiful Brea, CA.  ~ Named One of the Best in the West! The Northern Orange County community of Brea was recently named by Sunset Magazine as one of the best places in the West to live! Brea is a small residential community of approximately 39,000 residents. Uniquely nestled in Northern Orange County, Brea's hillsides border two other county lines, Los Angeles (city of Diamond Bar) to the North West and San Bernardino County (city of Chino Hills) on to the North East. The City of Brea  is located 30 miles east of downtown Los Angeles.  The John Wayne-Orange County airport is nearby at 17 miles.  Ontairo Airport is 25 miles to the North East and LAX-Los Angeles International is 35 miles to the West.  Although the residential housing is well planned and primarily conforming, Brea can be...
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