Market Update : Seller Information

Townhouse For Sale in Cypress

Liane Thomas — Fri, 13 Nov 2009 23:03:00 GMT

• 1,031 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $290,000 - Standard Sale!

Cypress, Orange County - Cute townhome in Cypress, in the highly desirable Los Alamitos School District. Walking distance to schools and shopping. You'll love the large living room with newer wood floors. The kitchen has newer cabinets and countertops. The downstairs den (could easily be converted to a 3rd bedroom) has a private 1/2 bath and slider doors out to the private patio. The master bedroom features a private patio, too. Recently remodeled with newer carpet, steel front door, and dual paned windows and slider door. The full bath upstairs has tile floor and a newer vanity and sink. Nice community with greenbelts, tot lot, pool, and spa. One car garage and one parking space included! Plan your visit today!

Property information

2 Story For Sale in Sierra del Oro

Liane Thomas — Sun, 08 Nov 2009 20:15:00 GMT

• 3,031 sq. ft., 3 bath, 5 bdrm 2 story - $550,000 - Priced To Sell Fast!

Sierra del Oro, Corona - Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard entrance, and continues to the 3 sided slate fireplace, the granite in the kitchen, and to the romantic master suite. Newer stainless steel appliances including a double oven, and 5 burner gas cook top. You will love the low maintenance landscaping, and the inviting rock pool and spa. This is a standard sale, no long waits for banks. You'll save money too, with low tax rate, and no HOA fees. Commuter close to Orange County, and close to great schools, shopping center, and so much more. Call to see this beauty today!

Property information

Welcome to Paradise! Executive Home for Sale in South Corona

Liane Thomas — Tue, 03 Nov 2009 23:29:00 GMT

Executive Home, Private Paradise!

• 5,941 sq. ft., 5 bath, 5 bdrm 2 story - $1,500,000 - Not A Short Sale!

South Corona, Corona - Welcome to Paradise! Private & Elegant Estate in Crown Ranch, The Premier Destination in Corona. Orange Country Close, You Will Live in Grandeur!. HIghly Upgraded Home, Seller Spent Over $700,000 in the Backyard Alone! Upon Entrance, You Will Be Greeted With Slate and Granite Flooring, Soaring Ceilings and a Romantic Wrought Iron Spiral Staircase That Will Take Your Breath Away. Cherry Cabinets and Granite Counters Await You In The Kitchen Along With Impressive Crown Molding Throughout. An Extensive Media Center With Surround Sound is Both Inside and Out, Ideal For Socializing. This Home Has Four Fireplaces To Create The Perfect Mood No Matter Where You Roam. For The Ultimate Luxury, Try a Massage From Your Own Personal Masseuse In Your Private Retreat Off the Master Suite. Impress Your Friends As You Entertain Them With Your Gorgeous Pool/Spa and Built In Bar-B-Que. And For The Sports Enthusiast, A Full Soccer Court Awaits You. Perfect Location, Private Cul de Sac. Motivated Seller Says Bring Your Offer Today!

Property information

CNN Says Housing Market may be Stabilizing!

Liane Thomas — Sun, 05 Jul 2009 21:20:00 GMT

CNN is searching for a bottom in the housing market

With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing.

So what does that mean to you?

Although sales of existing, single-family homes rose 35.2 percent in May in California, compared with a year ago, the median price declined 30.4 percent during that same year. Some industry analysts predict that as specialized adjustable-rate mortgages, known as option ARMS and Alt-A mortgages, reset over the next 18 to 24 months, prices could decline further before stabilizing.

"We are seeing strong buying activity, particularly in those boom and bust markets, where prices have declined significantly. Buyers are coming in and fighting over properties -- there is multiple bidding in California and Florida," says Lawrence Yun, chief economist with the NATIONAL ASSOCIATION OF REALTORS(R).

Sales of existing homes are soaring as many investors and first-time buyers purchase distressed properties. Yun estimates that about 50 percent of current sales involve distressed properties, and he expects the trend to continue as foreclosures rise in the months ahead.

Although some economists predict home prices will continue to decline in the coming months, California'ss median home price rose for the third consecutive month in May, posting the largest monthly increase on record for the month of May.

Some buyers are trying to time the bottom of the market and purchase once it appears that prices are consistently and steadily rising. Many housing forecasters advise against this approach as buyers should not view their homes solely as investment opportunities. Historically, the average annual rate of return on a home lived in for five years or more is nearly 12 percent, based on data C.A.R. has collected over the last 40 years.

If you are thinking of selling your home, now is an excellent time with low inventory and the seasonal spike we get this time of year. Even if you are underwater on your home, like so many families, we'd like to help you find a solution. Call for a free consultation. Thanks!

Liane Thomas, REALTOR(R), CDPE
The Thomas Group, Keller Williams Realty
Serving Corona, Norco, Riverside, and Surrounding Communities
www.AllCoronaHomes.com
951 454-3805

Home Sales Jump ~ April 2009

Liane Thomas — Tue, 02 Jun 2009 19:02:00 GMT

Pending US Home Sales Surge

Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived. The National Association of Realtors reported that its seasonally adjusted index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ahead of analysts' expectations. Lawrence Yun, NAR chief economist, said buyers have responded to favorable market conditions. "Housing affordability conditions have been at historic highs, but now the $8,000 first-time buyer tax credit is beginning to impact the market," he said. "Since first-time buyers must finalize their purchase by November 30 to get the credit, we expect greater activity in the months ahead, and that should spark more sales by repeat buyers."

So what does that mean to you? If you want to sell your home, this is probably the best time since 2006. Call me for a no obligation consultation to find out what your house is worth in todays market. We can help you sell your home fast, even if you owe more than your home is worth!

If you are considering buying a home, you MUST close escrow before the end of November to cash in on the tax credit. That means you need to be in escrow by September, and that means you need to be looking for a home TODAY! Please take advantage of this awesome opportunity pass you by!

Brought to you by:
Liane Thomas, REALTOR(R)
The Thomas Group, Keller Williams Realty
951.454.3805
www.AllCoronaHomes.com
www.FreeRiversideHomeSearch.com

Do you qualify for an FHA loan?

Liane Thomas — Mon, 27 Apr 2009 02:16:00 GMT

So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised how easy it was for this first time home buyer to finance their home. The buyer is using and FHA home loan with a very small down payment, and they are getting a super low interest rate in the low 5% range.

So, do YOU qualify for this great loan? Here are the details...

In San Bernardino and Riverside county, the loan limit is $500,000.

In Los Angeles and Orange county, the loan limit is $729,750

FHA loans require a minimum 3.5% down payment. This money can be a gift. Yep, mom and dad can give you the money to move out of their house!

FHA allows a seller contribution up to 6%. That means the seller of the house can pay nearly all of the costs associated with your home purchase.

FHA does not require you to have gobs of money in the bank.

FHA allows a non-occupant co-borrower for a single family home.

If you want to know how easy it is to buy your dream home, call us. No cost, no obligation.

Thanks,

Liane Thomas, REALTOR(R)
The Thomas Group, Keller Williams Realty
951 454-3805
www.AllCoronaHomes.com

Breaking News! Home Sales Up in California in March 2009!

Liane Thomas — Sat, 18 Apr 2009 16:54:00 GMT

An estimated 36,215 new and existing homes and condos sold in California last month, a 23.9% month-on-month increase from February and 47.4% year-on-year increase from March 08, according to a report published Thursday by San Diego-based MDA DataQuick Information Systems. March marked the ninth consecutive month of year-over-year sales inclines.
Sales prices continue to slip in the Golden State, however, with March posting a median sales price of $233,000 — 0.4% below February’s median and 37.7% below the year-ago median seen in March 08. DataQuick attributed the drop to the work of depreciation in concert with shifts in the types of homes sold toward foreclosure properties. Real estate-owned (REO) properties accounted for 57.4% of monthly sales in March, up from 35.5% in March ‘08.
California home buyers in March committed to an average mortgage payment of $958, 44% below the average payment entered in March ‘08, 63.1% below the latest bubble’s June 2006 peak and the lowest average monthly payment, adjusted for inflation, reported in DataQuick’s statistics, which track information back to 1988.
“Indicators of market distress continue to move in different directions,” say DataQuick researchers. “Foreclosure activity is nearing its 2008 peak, while financing with adjustable-rate mortgages is at an all-time low, as is financing with multiple mortgages.”
Source: HousingWire.com
So what does this mean to you? If you are considering selling, it is very likely we will find a buyer for your home fast! Short sales welcome, please call us for a free, no obligation, consultation.
Liane Thomas, REALTOR(R)
The Thomas Group, Keller Williams Realty
951 454-3805 cell
www.AllCoronaHomes.com
Serving Corona, Riverside, and surrounding areas

6516 Whitelily in Eastvale Corona is Sold!

Liane Thomas — Sun, 18 Jan 2009 19:19:00 GMT

Eastvale, Corona - The Thomas Group has successfully closed another shortsale. This one was the 2 story home 6516 Whitelily in the Eastvale area of Corona. The new family has moved in and they love their new home. The prior owners are delighted that they did not have a foreclosure on their credit, and the bank is happy they got their money sooner rather than later.

If you are considering selling you home, and you owe more on it than you can sell it for, please call us. We have helped many familys in your situation, and we offer a free, no obligation, consultation.

Property information

Liane Thomas
Keller Williams Realty, The Thomas Group
www.AllCoronaHomes.com
Liane@LianeThomas.com
951 454-3805 cell
Serving Corona, Riverside, and surrounding communities

What is a Short Sale and do I want one?

Liane Thomas — Fri, 26 Dec 2008 15:07:00 GMT

A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $500,000. The market value of the home is $350,000.
Long story short, the lender accepts the offer for $350,000 and the home is sold.
That's a short sale.
Why would a lender do this? Banks do not like bad loans. If they can sell a home without the expense of a foreclosure, they will do it. Banks are in the business of lending money, not owning homes.
Time is not on your side when you are considering a short sale. You must act quickly and work only with a real estate expert who has the necessary skills to help you negotiate with your lender. You should interview 3 successful REALTORS(R) and they should be able to provide you with proof of their success helping other families with a short sale.
If you have more questions about whether a short sale is right for you, please call or email. We offer a free, no obligation consultation.
Thanks!
Liane Thomas
Thomas Realty Group
Serving Corona, Riverside, and the surrounding areas.
951 454-3805
Liane@LianeThomas.com
www.AllCoronaHomes.com

Interest Rate Snapshot December 14, 2007

Liane Thomas — Sat, 15 Dec 2007 00:42:00 GMT

Interest Rates are Great!

30 Year Fixed 5.81%

15 Year Fixed 5.39%

5/1 Arm 5.62%

30 Year Fixed Jumbo 6.71%

5/1 Jumbo Arm 6.10%

Thank You to Bankrate.com for providing the rates!

Thank you for visiting, and have a safe and happy weekend!

Liane Thomas, REALTOR(R)
Keller Williams Realty

Serving Southern California Counties of Riverside and San Bernardino

(951) 454-3805

www.LianeThomas.com

www.AllCoronaHomes.com

www.FreeRiversideHomeSearch.com

Liane@LianeThomas.com

Interest Rate Snapshot October 22, 2007

Liane Thomas — Mon, 22 Oct 2007 13:24:00 GMT

Posted October 22, 2007

30 Year Fixed 5.96%

15 Year Fixed 5.57%

5/1 Arm 5.67%

30 Year Fixed Jumbo 6.63%

5/1 Jumbo Arm 6.21%

Thank You to Bankrate.com for providing the rates!

Thank you for visiting, and have a safe and happy week!

Liane Thomas, REALTOR(R)
Keller Williams Realty

Serving Southern California Counties of Riverside and San Bernardino

(951) 454-3805

www.LianeThomas.com

www.AllCoronaHomes.com

www.FreeRiversideHomeSearch.com

Liane@LianeThomas.com

Fed Cuts Interest Rates! September 18, 2007

Liane Thomas — Tue, 18 Sep 2007 21:07:00 GMT

The Federal Reserve cut its benchmark interest rate by a larger-than-expected half percentage point! This news has elated home buyers and home owners across the country. What does this mean to you? If you have a revolving HELOC, it has been at 8.25%, today it dropped to 7.75%, and you didn't have to do anything! If you are trying to qualify to buy a home, you just dropped the amount you have to pay each month towards the interest part of the payment OR you just increased your buying power!

If you are struggling to make your house payment, this may just be the best time to refi that adjustable rate loan, or combine the first and 2nd. Call for more details. There is no cost or obligation.

Thanks!

Liane Thomas
REALTOR(R)
(951)454-3805
www.AllCoronaHomes.com
www.FreeRiversideHomeSearch.com
www.LianeThomas.com