Fontana, CA

Last week, the Jobs Report showed 243,000 jobs were created in January, which was much better than expected. Upward revisions to November and December added another 60,000 jobs to what was previously reported for those months. And adding to the good news was a 0.2% decline in the Unemployment Rate, bringing it to 8.3%, the lowest since February 2009.

Despite all the positive news, the report did show a decline in the labor participation rate from 64% to 63.7%. Understandably, the demographics of baby boomers retiring does account for some of the decline. And the U-6 Unemployment Rate (which counts all persons marginally attached to the labor force, including those who are employed part-time but would prefer full-time work) remains at 15.1%, dropping just 0.1% for the month.

The Commerce Department reported that personal incomes rose in December by 0.5%, above expectations and well above the 0.1% reported in November. This marked the largest increase in nine months.

So what does all of this mean for the housing market and home loan rates?

While bonds and home loan rates did worsen on the good Jobs Report news (remember good economic news often causes money to flow out of bonds and into stocks, as investors try to take advantage of gains), home loan rates remain near historic low levels. In addition, the problems in Europe remain and while uncertainty exists, U.S. bonds (including mortgage bonds, to which home loan rates are tied) will benefit.

The takeaway from all of last week’s news is that the pace of improvement in the labor market is choppy, but the trend is towards improvement over time, and this is welcome news for the struggling housing market because as people feel more secure in their jobs, they are more willing to consider making major purchases like a home.

Fontana CA Real Estate House Sales and Home Listings - Short Sales, Foreclosures and Standard Sales - January 2012 Market Report News

This is a market activity report of closed house sales and active home listings in the city of Fontana California, for January 2012.

According to the MLS (Multiple Listing Service), there were 188 closed Fontana home sales from January 1st to January 31st, 2012.

• 60 were Fontana Foreclosures
• 66 were Fontana Short Sales / Short Pay
• 56 were Fontana Standard Sales
• 6 were Fontana Probate or "Other" Sales

And according to the MLS (Multiple Listing Service), there are 193 Fontana active listings from January 1st to January 31st, 2012.

• 36 are Fontana Foreclosures
• 79 are Fontana Short Sales / Short Pay
• 71 are Fontana Standard Listings
• 7 are Fontana Probate or "Other" Sales

Number of Sales in Fontana from the Past 12 Months (Chart Below)

For Fontana Real Estate Agents Click Here

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Fontana California Real Estate Short Sales - Short Sale Agents Can Sell Your Upside-Down Home - Call Us Now: 1 (888) 9-LIST-IT

Are you like many homeowners in Fontana having trouble paying your mortgage every month? You may be behind in your mortgage payments, or not behind yet. Don't let foreclosure happen to you. Hire the best Short Sales Experts to help you with your difficult situation at NO CHARGE TO YOU!

We are Short Sale Specialists and we have extensive experience with short sale negotiations with dozens of the nation's mortgage lenders and banks. Whether you have one, two or more Fontana mortgage loans, we are able to offer you options. Our Short Sale Agent team assists homeowners throughout Southern California, including Fontana.

Here are a few things to consider when contemplating a Fontana CA Short Sale:

• How many loans do you have on the property?
• Do you or the property have any liens attached, for example: Tax liens, child support liens or HOA liens, etc.?
• Have you or your family experienced a loss in income, loss of a job or had to relocate for a job?
• Have you or your family experienced an unexpected medical expense, or any other major financial set-back?
• Are you behind on any payments, or are you still current?
• Are you still paying the HOA dues, if any?
• Are you still paying utilities like water, sewer, trash and disposal? If not, are there any delinquent payments?
• Are you still occupying the property?
• If not, is the property vacant, or is/are there tenant(s) occupying the residence?
• Have you attempted a loan modification, or previously attempted a short sale?
• Has your bank issued a Notice of Default, and if so, have they scheduled a Trustee Sale Date?

These are just a few questions that will pertain to the listing, sale and success of your Fontana Short Sale.

If you have questions about a Fontana short sale, how they work and the myriad of opportunities AND pitfalls a short sale can provide you, feel free to call us anytime at (888) 9-LIST-IT. That's (888) 954-7848.

We can answer your questions and provide you with an in-depth look at the short sale process. We are not salesmen. We will tell you like it is, and if a short sale is the right choice for your particular situation (and many times a short sale is not our recommendation). We will give you honest answers with your best interests in mind. Having the right California Short Sale Experts assisting you can mean the difference between a foreclosure, or a fresh start without complete devastation to your credit due to foreclosure.

So if you'd like more information on a Fontana Short Sale, Call us now:

(888) 9-LIST-IT. That's (888) 954-7848.

CLICK HERE TO LIST AND SELL YOUR HOME NOW

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