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Robert Foust |North Orange County | Fullerton Real Estate | Brea Real Estate

La Mirada real estate becoming a destination community

La Mirada real estate is gaining popularity, especially now that "value" has become a diving force for buyers. La Mirada offer a wide range of homes and condos that can appeal to every levelof buyer. Proximity to the college has developed into an outstanding perk for many of the staff as well as students and citizens. Property price have been driven down to where La Mirada is seen to offer more square feet of home for the dollar. This, coupled with clean and safe neighborhoods, makes La Mirada homes for sale a destination city - one that people want to live in.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

One great tip for Buyers when offering on Fullerton Real Estate - or anywhere

I know that this will seem apparent, but it is often overlooked. If trying to buy a home for sale in Fullerton, or any other city for that matter, the buyer has to watch the price very carefully. Now I am not talking about value, but rather about the negotiation and getting them to accept your offer, instead of one from someone else. It may seem crazy, but do not bid an even or round number. Just bump the bid up by $1,000. For example if you want to bid $375,000 for a home, stop and think - will someone else likely pick that same number? Set yourself apart from the crowd by bidding $376,000 instead. I have seen just one thousand dollars make a distinguishing difference to the Seller, in effect they just say "give it to the high bidder". Especially in these days where many people want the same nice home, a minor price difference can get your offer selected (and what is the downside - nothing). Give it a try - no harm, no foul.

We have seen this happen in Fullerton real estate two times in the last two months, it works.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Tax credit for Move Up Buyers will help Fullerton real estate sales, and many others

If the current tax credit for first time buyers is extended and modified as is now proposed, then move up buyers will get a $6500 tax credit also. Fullerton real estate could get a real boost from this new twist - the current proposal not only allows for move up buyer to participate, but also increases the current limit on income. Being considered now is a plan to let income go up to $250,000 (for joint filling) or $125,000 (for single filing). Also required is the criteria that the buyer has to have lived in their current home for 5 of the last 8 years. Homes for sale in Fullerton would then get a boost, which has not been seen in the current wake of the existing tax credit. The current tax credit targeted the first time home buyer, and therfore excluded the mid range homes typically desired by the move up buyers. If this all passes then the real estate market will get a shot in the arm.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Fullerton Real Estate - Upscale homes being bid up, multiple offers syndrome

No matter what level of home that is for sale, it now appears that the good ones are bid up above list price. Fullerton real estate is undergoing a real unique period, now the higher end homes for sale are getting multiple bids in two days. We just experienced that for a home in Fullerton that had nine offers in the first three days, the listing agent then gave us all a second chance to offer "Best and Highest" in order to pick the winner. WOW -- we have seen this at the low ball - bargains - but not at the upper levels custom, premium homes. All we can say is WOW, what happened to the buyers market.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Inventory of homes still low - Fullerton homes for sale at record lows

Fullerton homes for sale are still at record low levels. This is partly due to a bad economy and partly due to depressed prices. Owners want to sell at fair market prices, and they now think that prices are depressed (still many of them are remembering what their house used to sell for). Fullerton real estate is very typical to all of Orange County and is a good "measure" of what is happening all over the county. Even people who may want to trade up are hesitant to put their home up for sale (and compete with the low ball short sales and REO homes). As of today there are only 195 single family homes for sale in Fullerton. Also at this time there are only 65 condos for sale in Fullerton. Fullerton real estate is highly regarded, but supply is so short that it may push prices up in the local community.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.