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Whittier, CA

Whittier Home Inventory Dries Up

09-23-09
Bob Willis
Bob Willis: Real Estate Agent in Whittier, CA

Homes for sale in Whittier, California are at the lowest levels in several years.

Today, September 23, 2009, there are a total of 283 properties for sale in the City of Whittier.

A year and a half ago, on May 25, 2008, there were 888 properties for sale in Whittier. The tables have significantly turned here in Southern California, making it a much better time to sell a home right now, rather than try to buy one.

A year ago, buyers could really pick and choose what properties they wanted to buy. Now, with the inventory of homes so low, it is really a dog-eat-dog world out there, with buyers competing aggressively for any decent house priced less than $400,000.

Buyers and sellers can each find something positive in this news.

Buyers can still buy a home at rock bottom prices. However, they have to be aggressive in making strong offers.

Sellers who need to sell, and who are realistic about today’s market prices, can sell their homes. There are lots of buyers out there, just waiting for your home to come on the market. But sellers need to understand that they won’t be able to sell the house for the amount they could have received for it two years ago, or even one year ago.

Prudential Sold

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About the author: The above Article about the City of Whittier home inventory was provided by Bob Willis, a Whittier Realtor®. Bob can be reached via email at bob@willisrealtor.com or by phone at (562) 639-9400.

For Whittier real estate, see Whittier Welcomes You. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my ListingBook website.

I service the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk and Santa Fe Springs.

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Namneet Dhaliwal: Real Estate Agent in Brea, CA

5637 Carley Ave Whittier CA

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Front viewLiving Room

Moving East to Whittier – Where Sellers Get Whittier Buyers

08-25-09
Bob Willis
Bob Willis: Real Estate Agent in Whittier, CA

People move from Pico Rivera, East Los Angeles, Santa Fe Springs, Norwalk and Montebello to Whittier. As a general rule, very few people move from Whittier to these cities to the west.

Whittier Map of Home Buyers

If you are thinking about selling your home in Whittier, you naturally would want to work with a Realtor® whose brokerage advertises to people who live in the areas east of Whittier. You would also want to work with a brokerage that has offices in those areas, because the agents who work out of the offices in Norwalk, South Gate, Pico Rivera and Bellflower have active buyers who are looking to move to Whittier. Prudential California Realty has lots of active buyers who want to buy a home in Whittier.

Another advantage is that Prudential California Realty advertises extensively in the newspapers where those buyers who want to move to Whittier live today. We advertise in the following newspapers, where the future Whittier buyers are:

  • Los Angeles Times
  • Long Beach Press Telegram
  • Whittier Daily News
  • San Gabriel Valley Tribune

Other companies may advertise in the Orange County Register, which is great for people who want to buy in Orange County. But, if you are looking for people who want to buy your Whittier home, then you will want to advertise to the people who want to move to Whittier.

How many people want to move from Orange County to Whittier? Not many.

How many people want to move from East Los Angeles, Long Beach, Bellflower, Montebello and other communities in the west to Whittier? Lots of people!

Whittier Welcomes You

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About the author: The above article about Buyers Moving to Whittier was provided by Bob Willis, a Whittier Realtor®.

When is the Best Time to Buy a Home?

08-25-09
Bob Willis
Bob Willis: Real Estate Agent in Whittier, CA

I better sell now, before prices go down!The best time to buy a home is when sellers fear tomorrow is going to be worse.

The worst time to buy a home is when sellers think tomorrow is going to be better. Happy Home

What do you think sellers are thinking today?

Do you think they have heard in the news that prices have gone up during the past three months?

Does that news make sellers more fearful, or more fearless?

Have sellers come to realize that we are in a Sellers’ Market? If so, how does that knowledge affect what they think about tomorrow?

In Whittier, there are currently 309 active listings on the market. In the past 30 days, 122 properties have been sold. That means that the current homes on the market will take only 2.5 months to sell.

A normal market has 5 to 7 months of inventory.

A Sellers' Market has less than 5 months of inventory.

With only 2.5 months of inventory, Whittier is in a very strong Sellers' Market. What do you think these numbers mean to someone who wants to sell their home?

-Blog End-

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About the author: The above article about The Best Time to Buy a Home was provided by Bob Willis, a Whittier Realtor®.

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JoAnn Saragosa: Real Estate Agent in Whittier, CA

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