Fullerton, CA

If you regularly read my blog, you have heard me say it time and time again, "Inventory is down and homes are in demand".  Well, for you graphs people, here is what it really looks like in our very own Fullerton, CA.

DEMAND IS UP

Properties currently for sale, pending sale or sold in Fullerton, CA from Aug. 2008 to Aug. 2009

HOMES NEEDED!

Qualified Buyers- especially first time buyers are having a tough time finding a home to buy. They are nearing the deadline to receive their $8,000 tax incentive and need to close by November 30th to receiv it.

Multiple Offers - Entry level homes in good areas are receiving multiple offers because of low inventory.

I am not really much of a stats and graph girl. I mostly write things the way I see them but I have to tell you what I am seeing here. 

August 2008:

• 611 properties for sale in Fullerton
• 99 were in escrow
• 81 closed escrow

August 2009:

• 269 properties for sale in Fullerton (THAT IS LESS THAN HALF!)
• 143 were in escrow (almost 50% more than last year)
• 87 closed escrow (we closed just 6 more with less than half the inventory!)

Right now banks are slow to foreclose and this is keeping new inventory from coming on the market. Meanwhile, buyers are frantically trying to open and close escrow before November 30th, 2009.

Most of the homes on the market are higher end homes. This makes it a great time to move up!

If you are thinking of selling, are just curious about what your house is worth or have questions about the market, give me a call. Even if you are behind on your mortgage, there are options!

Most Orange County cities are faring right about the same but if you have questions on any other city, let me know!

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Cristal Drake – Fullerton Realtor (R)...At Your Service for all your Fullerton area real estate needs! Prudential California Realty - 714-423-7525. DRE#: 01272061. All information in my blogs is believed to be accurate but is not guaranteed. Copyright 2009 all rights reserved.

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Fullerton Ca. 2220 E. Chapman Avenue #32 Sold By Tina Maraj after being on the market since Febuary!

I had a first time home buyers that was qualified for an FHA Loan. We began looking at bank repo listings, to get a good deal. Unfortunately most of the bank repos or real estate owned properties do not qualify for FHA home loans.

Even though my buyer told me what he wanted I did my own research and found this beautiful Chapman Villas Town Home that was priced just a little higher than my buyer wanted to pay. I convinced him that is was located in the Troy High School area and that it would make a great investment in the long run.

We made an offer to the seller that was acceptable after a bit of negotiation and everyone was happy!

Written by Tina Maraj, Finding Qualified Buyers for Motivated Home Sellers Since 1989!

Celebrating 20 Years of Residential Real Estate Sales!

Fullerton Chamber of Commerce Member and Ambassador.

www.TinaMaraj.com

You have probably heard me talk about how tough it is for first time buyers to realize the dream of home ownership with a little piece of Fullerton Real Estate of their own.  I have lots of buyers and with up to 30 offers (or more) coming in on starter homes in Fullerton (and all North Orange County for that matter) it is getting increasing difficult. So, I decided that I needed to get more aggressive for my buyers!

Dreading it or not, I figured I better start knocking on some doors and talk to the folks in the Downtown Fullerton area to see if they might be thinking of selling.  So, last week, I started.

While walking the neighborhood, feeling bad about bothering people in their home, I was wondering how hot it was. It was around noon and I was sweating! Most people were pretty nice but not interested in selling. There was definitely a common theme; They loved Fullerton and their downtown neighborhood and were staying!

As I was nearing the end of my route, I spoke to a nice lady that is in the process of getting her loan modified. I was so relieved to hear that she did not spend thousands on a loan mod company!  She was so sweet and her husband had been injured on the job.  His disability was not enough to cover the bills and they were falling behind. Stories like this are heart breaking.  There are options and I gave her a few and hopefully the mod will work for them. 

Next door, a man was standing in his front yard so I gave him my information and had a little chat with him.  He said he was a real estate broker and of course that meant he wouldn't be interested in listing his house with me.  "But", he said as he looked me up and down, "You have something else I might be interested in"... and let me tell you that he wasn't offering me a position in his office....UGH. Creep.

I will be going at it again this week so if you see me coming, don't worry, I am not a pushy peddler, just a Fullerton Realtor doing everything she can think of to try to get her buyers into a home!

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Cristal Drake – Fullerton Realtor (R)...At Your Service for all your Fullerton area real estate needs! Prudential California Realty - 714-423-7525. DRE#: 01272061. All information in my blogs is believed to be accurate but is not guaranteed. Copyright 2009 all rights reserved.

Search The MLS Here!

Calling Dancers of all Ages!

One of Southern California's best Nutcracker performances will be at Fullerton College on December 18th, 19th, 20th. This is a traditional production created by two ex-principle dancers from the Moscow Classical Ballet.

Auditions will be held Saturday, September 12th

• Ages 4 to 8 1:00 to 1:30
• Ages 9 to 12 1:30 to 2:00
• Ages 13 and up 2:30 to 4:00

Performance Dates: December 18th, 19th and 20th

For more information, contact vandtdance.com.

Speaking of Joe, the first thing I noticed as I pulled up was a sign near the front door that read 89 cent cup of coffee! It was pretty much love at first sight right there.

Don't get me wrong, I really enjoy a latte (that was less than $3.00 if I recall) but in this economy, it is nice to know you can get a cuppa joe for 89 cents. I mean I could manage to dig that up somewhere!

What a treat I was in for after walking in the front door. I was like a step back in time! It was a real joint alright, the kind you might have met your detective at back in the 40's. The one that was tacking that dirty rat of a cheatin' husband. You would have been dressed to the nines in a sleek pencil skirt suit complete with a hat and gloves...Oh, those were the days, when people got dolled up to go outside.

Located smack dab in Downtown Fullerton, Max Bloom'sis an unassuming little place on the outside. But like I said, step inside and you are transported back in time! It is almost like a museum of old movies, and memorabilia. You can even purchase the movies!

They also have an old yellow refrigerator full of all your favorite old time sodas! There are a few tables to sit at and there is also an area full of instruments so you can come by with your friends and jam instead of doing it in your garage with your mom (or wife) yelling at you.

Max Bloom's hasn't been open long; in fact, they don't have much web presense yet. While they are getting set up, stop by and say, "hello". Grab a coffee and a snack and take some time to browse around. You will be glad you did!

I will definitely be writing more about this place!

Max Bloom's Cafe Noir- 220 N. Malden Ave., Fullerton, CA, 92832. 714-871-2600.

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Cristal Drake – Fullerton Realtor (R)...At Your Service for all your Fullerton area real estate needs! Prudential California Realty - 714-423-7525. DRE#: 01272061. All information in my blogs is believed to be accurate but is not guaranteed. Copyright 2009 all rights reserved.

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