Diamond Bar, CA Real Estate News

By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
What are the qualifications for a Reverse Mortgage, do we qualify?    If you are homeowners and are over the age of 62, you just might.  Some things to know in order to determine whether or not you are eligible.  First - do you have enough equity? The amount of money you can borrower on a reverse depends upon 3 things.   Age of Youngest Borrower. Expected Rate Lesser of the Home Value or FHA Lending Limit. (Currently at $625,500.00, but may be lowered October 1) It is not the normal 80% of home value, more like 50 to 70 percent. Once you know if you have age and equity on your side, then you need to look to the home itself. Single Family homes in good condition. Some FHA Approved Condos. Some reverse mortgage lenders will loan on Manufactured Homes on owned real property with a permane...
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By Carlos J. Amador
(Century 21 Masters )
Single Family Residence Active Homes for sale: 146 Homes In Backup Status (in escrow, taking backup offers) : 23 Homes Withdrawn from the market: 5 Closed Escrow: 30 Average Days on Market (DOM) : 84 Highest Sales Price: $736,000 Lowest Sales Price: $315,000 Average Sales Price: $499,846 Condominiums Active Condos for sale: 67 Condos in Backup Status (in escrow, taking backup offers) : 16 Condos withdrawn from the market: 4 Closed Escrows: 9 Average days on market (DOM) : 73 Average Sales Price : $272,111 Highest sales price: $490,000 Lowest sales price: $125,000 Source: Socal MLS Information is not guaranteed   Do you want to search for your next home like a real estate pro? Visit my website www.carlosjamador.com Carlos J. AmadorRealtorRE/MAX North Orange CountyDirect Phone Number: (56...
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By Carlos J. Amador
(Century 21 Masters )
Diamond Bar Concerts & Movies Under The Stars Would you like to enjoy an outdoor concert in the cool summer breeze, then watch a family friendly movie afterward? Did I mention that it will not cost you a dime? If so take advantage of Diamond Bars "movies under the stars" series from July 6th- August 17th, 2011. The Concerts under the park event begins on July 6th, 2011 at 6:30pm The location is Sycamore Canyon Park in Diamond Bar (22930, Golden Springs Drive, Diamond Bar, CA, 91765). Addmission is free and open to the public and features the following line ups. July 6 The Ravelers Classic Rock July 13 Bumptown Latin July 20 The Cords 80's Rock July 27 Sgt. Peppers Beatles Tribute August 3 Cold Duck 70s Top 40 August 10 The Night Tides Beach August 17 Lights Premire Journey Tribute   Imm...
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By Carlos J. Amador
(Century 21 Masters )
Single Family Residence Active Homes for sale: 140 Homes In Backup Status (in escrow, taking backup offers) : 21 Homes Withdrawn from the market: 1 Closed Escrow: 27 Average Days on Market (DOM) : 65 Highest Sale Price: $2,888,000 Lowest Sales Price: $344,900 Average Sales Price: $692,585 Condominiums Active Condos for sale: 64 Condos in Backup Status (in escrow, taking backup offers) : 14 Condos withdrawn from the market: 1 Closed Escrows: 20 Average days on market (DOM) : 105 Average Sales Price : $259,595 Highest sales price: $410,000 Lowest sales price: $126,650 Source: Socal MLS Information is not guaranteed Do you want to search for your next home like a real estate pro? Visit www.carlosjamador.com Carlos J. AmadorRealtor RE/MAX North Orange County Direct Phone Number: (562) 833-4...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
Come out and celebrate with the City of Diamond Bar, Saturday April 16th from 11 a.m. until 5 p.m. Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire, including Chino Hills homes, Fontana homes, Diamond Bar homes, Chino homes, Ontario homes. With a Master of Arts Degree in Marriage, Family and Child Counseling, Keisha has worked extensively with families in transition such as divorcing couples selling homes and probate real estate. KASI Homes is the place where you find Real Estate Solutions for Real People. Whether you are in need of selling your home with a short sale or are interested in buying sh...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond Bar, California for Single Family Homes Priced From $585,000- $685,000?--March 2011 What are home sales like in Diamond Bar, CA for  Single Family Homes Priced From $585,000- $685,000? The months of supply of these homes for sale in Diamond Bar, CA for the month of March 2011 shows a 3 month supply of homes to sell. From this time last year, the supply of homes for sale has increased by 230%.   The supply and demand for these single family homes in Diamond Bar shows us there were 19% more homes for sale this March than there were last March and the demand from buyers for homes in Diamond Bar is up a whopping 500%.  There were 21 homes for sale last March and there were 25 homes for sale this March.  There was only 1 home sold last March and there were...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
Ready For A Condo with The Feel Of A Single Family Home? Try Tallywood in Diamond Bar, CATallywood condominiums sit in a small enclave of condominiums nestled close to hills and slopes. Located near the intersections of  Kiowa Crest and Diamond Bar Blvd, Tallywood is within minutes of the 57 and 60 freeways. This creates ease of travel to Orange County, San Bernardino County and Los Angeles County. With only one shared common wall and lots of extra square footage these condominiums feel more like single family homes. The community pool makes for a great place to get some rest and relaxation. Take a look at Tallywood in Diamond Bar, CA.Keisha Hosea is a local Market Expert and Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI H...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond Bar, CA for Condos and Townhomes? The months of supply of condos and townhomes for sale in Diamond Bar, CA for the month of January 2011 shows a 5.1 month supply of homes to sell. From this time last year, the supply of homes for sale has increased by 50%.    The supply and demand for condos and townhomes in Diamond Bar shows us there were 8% more homes for sale this January than there were last January and the demand from buyers for homes in Diamond Bar is down 22%.  There were 87 homes for sale last January and there were 94 homes for sale this January.  There were 9 homes sold last January and there were 7 homes sold this January. The median sold price for homes in Diamond Bar in January 2011 compared to January 2010 has increased.  Last January t...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
First time buyers in Diamond Bar CA often have more desire than they do money. This is not a bad thing, it is just simply a matter of fact. We’ve all got to start somewhere. Sometimes the biggest challenge is deciding whether to buy the large home that will be generally quite impressive to your friends or to buy the smaller home in the impressive neighborhood. Many times I have buyers who choose the first option. They purchase the impressive big home because heck--It’s amazing! While there is always more than one factor when it comes to making the final decision on where to buy and which home to buy, it is always important to keep resale in mind. Perhaps we will start seeing people remain in their homes longer but in the past, people have moved homes roughly every five to seven years. ...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
Discover Easy Ways To Prevent Yourself From Falling Prey To Rental ScamsWith foreclosures and short sales being quite prevalent in and around Riverside County, CA with the great recession, it seems that a few less than honorable crooks have decided to capitalize on this. One such person is Antonio Rios Simon who was recently booked on suspicion of grand theft among other allegations. According to the news, Mr. Simon stated the theory of “adverse possession” as the reason why it was okay for him to rental out homes to people even though he was not the legal owner.Adverse possession occurs when a person acquires title to another person’s property through continuous and notorious occupancy for five years, under a claim of title. Mr. Simon will have to prove that all the legal elements pert...
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By Caroline Chai
(RE/MAX Realty 100)
For the wealth elites who desire safety and security in East San Gabriel Valley, The Country Estates in Diamond Bar offers guard gated entrances, 24 hour security with continuous vehicle patrols by well-trained guards, lighted tennis courts, clubhouse, swimming pool, children’s playground, walking trails, and a 134 acres of untouched wilderness park complete with a natural stream and abundant wildlife. They are a collection of a little over 1000 homes in The Country with lot size average over an acre sitting atop the rolling hills of Diamond Bar, most with panoramic view of hills, mountains and the city lights. 50 homes were sold in the past 2 years with size ranging from 2,200 sq ft to 10,700 sq ft and price ranging from $620,000 to $5,450,000. Of all the houses sold, 30% of them were ...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
Ready For Snow In Diamond Bar, CA?  Winter Snow Fest is scheduled to hit Diamond Bar, CA on January 15, 2010 from 10.m. until 4 p.m. at Pantera Park.  Pantera Park is located at 738 Pantera Drive, Diamond Bar. There will be over 90 tons of real snow. Activities include snow sledding, kids crafts, food and games. Unlimited snow sledding is $5 and games and crafts will be from $1-$4. This event will be hosted by the City of Diamond Bar Community Services Department. Keisha Hosea is a local Market Expert and Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire, including San Bernardino County, Riverside County and Los Angeles County. With a Master of Arts Deg...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond Bar, California? The months of supply of homes for sale in Diamond Bar, CA for the month of November 2010 shows a 3.5 month supply of homes to sell. From this time last year, the supply of homes for sale has decreased by 11%. That means those Diamond Bar homeowners are not leaving their beloved city and selling their homes too often.   The supply and demand for homes in Diamond Bar shows us there were 15% more homes for sale this November than there were last November and  the demand from buyers for homes in Diamond Bar is down 58%.  There were 36 homes sold last November and there were 15 homes sold this November. The median sold price for homes in Diamond Bar in November 2010 is up 17% since November 2009. Last November the median sales price overa...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond Bar, California for condominiums and townhomes? The months of supply of condos and townhomes for sale in Diamond Bar, CA for the month of November 2010 shows a 31 month supply of homes to sell. From this time last year, the supply of homes for sale has increased by a whopping 270%!   The supply and demand for condos and townhomes in Diamond Bar shows us there were 7% less homes for sale this November than there were last November, the demand from buyers for condos and townhomes in Diamond Bar fell 50%. The median sold price for homes in Diamond Bar in November 2010 is up 29% since November 2009. Last November the median sales price overall was $329,250. In November 2010, the median sales price fell to $232,500. So how long does it take to sell a condo...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
When you are on the look out for a great condominium development in Diamond Bar, CA be sure to check out Clear Canyon Creek. This condominium development is near the 60 and 57 freeways at the intersections of Grand and Diamond Bar Blvd. It is located in Los Angeles County and is only minutes from both Orange County and San Bernardino County. Nestled within a neighborhood of single family homes, it makes for a serene environment. The greenbelts, pool, spa and clubhouse make for superb amenities to keep you busy.                                       Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire. W...
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In a typical home sale, agents for buyers and sellers each take a commission of roughly 2.5% to 3%, for a total cost of 5% to 6%, paid out of the seller's proceeds. It is nature for sellers to save money by negotiate a lower commission with their agent. But, does sellers really save money that way? According to MLS data, for all 3-bedroom units sold this year in Montefino, a large townhome complex in Diamond Bar, shows properties that offer 6% commission were sold an average price of 7% higher than the 4% ones. Sellers actually net $17,820 (4.4%) more by paying 6% commission instead of 4%. Commission Rate Median Sales Price Commission Paid Seller's Net After Commission 4% $425,000 $17,000 $408,000 5% $442,000 $22,100 $419,900 6% $453,000 $27,180 $425,820 A study in 2005 by National Asso...
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By Caroline Chai
(RE/MAX Realty 100)
Often times we see a large 2-story home in a single story neighborhood. In an attempt to increase the value of the house, homeowners may make improvements to the house that fall outside of the neighborhood norm. A home is consider overbuilt when it has been expanded or improved to a level beyond that of most homes in the area. Those homes can be difficult to sell for a reasonable price because typical buyer can not afford it for the area. Statistically in our area, overbuilt homes can fetch up to 20% more than the neighbored homes. If a house is in a $500,000 neighborhood, buyers will be willing to pay up to $600,000 to purchase it. Even if the overbuilt home is more desirable than the surrounding properties, buyers may choose to spend their $600,000 in a $600,000 neighborhood instead. ...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond BAr, California? The months of supply of homes for sale in Diamond Bar, CA for the month of August 2010 shows a 6.9 month supply of homes to sell. From this time last year, the supply of homes for sale has increased by 49% for the year.     The supply and demand for homes in Diamond Bar shows us that 2% less homes were for sale this August than there were last August, the demand from buyers for homes in Diamond Bar fell by 19%. The median sold price for homes in Diamond Bar in August 2010 has remained stable.  In August 2010, the median sales price had a very slight increase to $459,950 up from $457,750. So how long does it take to sell a home in Diamond Bar? The average days on the market has decreased since August 2009 by 58%. For August 2010, homes...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Walnut, California?  The months of supply of homes for sale  single family homes for sale in Walnut, CA shows a 5.3 month supply of homes to sell. From this time last year, the supply of homes for sale has increased by 7%. The supply and demand for single family homes in Walnut shows us that while the supply is up 1% and the demand for single family homes is down by 29% snce last July.  The median sold price the July 2010 is up 8% since last July 2009 at $571,000. Good news around Walnut, values appear to have increased over the past year.  On the other hand, the average days on the market has increased by 24% this July at 61 days average.   Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director an...
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By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are home sales like in Diamond Bar, California?  The months of supply of homes for sale is low for single family homes for sale in Diamond Bar with a 3.9 month supply of homes to sell. From this time last year, the supply of homes for sale has decreased by 10%. The supply and demand for single family homes in Diamond Bar shows us that while the supply is down 8% and the demand for single family homes is down by 22% snce last July.  The median sold price the July 2010 is down 2% since last July 2009 at $555,500. Good news around Diamond Bar, values appear to be stable.  Additionally, the average days on the market has decreased by 2% this July at 61 days average.   Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director an...
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