Let’s see how many homes were bought in cash

| Jason Burns

According to DataQuick, the number of homes bought with No Mortgage Financing has increased. A 2012 record posts a total of 145,797 condos and houses bought without mortgage finances. In 2011 it was 125,812 homes with cash sales, and in 2007 it was a low cash sales of 39,731. DataQuick also reported the median amount that […]       [Read More]

According to DataQuick, the number of homes bought with No Mortgage Financing has increased. A 2012 record posts a total of 145,797 condos and houses bought without mortgage finances. In 2011 it was 125,812 homes with cash sales, and in 2007 it was a low cash sales of 39,731.

DataQuick also reported the median amount that cash buyers paid.  In 2012, cash buyers paid a median of $205,000 which is up 17.1 percent from $175,000 in 2011. The median amount that were financed with a mortgage is up 10.5 percent.  The median is $305,000 in 2012, and $276,000 in 2011.

The number of homes bought with no mortgage financing are as follows, per DataQuick:

Southern California:  64,892 in 2011; 77,971 in 2012; up 20.2%

Bay Area:  22,292 in 2011; 26,246 in 2012; up 17.7%

Coast:  3,525 in 2011; 4,235 in 2012; up 20.1%

Central Valley:  30,004 in 2011; 31,649 in 2012; up 5.5%

 

 

IS A NEW SHOPPING CENTER BEING BUILT NEAR YOU?

| Jason Burns

If the answer is YES, Look at the benefits just being 5 minutes or less from your home if you typically drive 20 to 30 minutes through traffic signals and indecisive drivers switching from lane 3 to lane 1 in 2 seconds. You don’t need to drive through all the traffic that you would normally go […]       [Read More]

If the answer is YES, Look at the benefits just being 5 minutes or less from your home if you typically drive 20 to 30 minutes through traffic signals and indecisive drivers switching from lane 3 to lane 1 in 2 seconds. You don’t need to drive through all the traffic that you would normally go through.  You would save time shopping, save on gas for traveling less, and enjoy the same experience that you would in a similar shopping center.  It is smaller than the Larger Regional upper scale areas, but you don’t drive there everyday anyway (unless you work there or it is in en route to your work).  Now you could pick up what you need in less time.

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The other benefits include bringing new jobs to the area, new improvements and widening of the roads and additional infrastructure improvements. The view is no longer a vacant land of dried weed or piles of dirt. Additional lighting in the area make it safer.  Traffic signals make it easier for controlling the flow of traffic and you don’t have to wait to turn after all the cars pass; just turn when the light is green.

Now the area is ready for more residential growth as well as a gradual incline in home values. The next step is to find out what your home value is. Contact Jason J. Burns, Realty World Real Estate Professionals, (559) 930-9989, jasonjburns@yahoo.com.

 

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Fresno and Madera Home Sale Activity 2013

| Jason Burns

Information is from DQNews.com; California Home Sale Activity by City   The website by DataQuick, a real estate information service, show home sales in the year 2013, the county/city/area with units sold, in the year 2013 and 2012, and the percentage change.  In Fresno County Fresno sold 6,816 units with an average price of $184,250 […]       [Read More]

Information is from DQNews.com; California Home Sale Activity by City

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The website by DataQuick, a real estate information service, show home sales in the year 2013, the county/city/area with units sold, in the year 2013 and 2012, and the percentage change. 

In Fresno County

78034377_highresFresno sold 6,816 units with an average price of $184,250 in 2013, $140,000 in 2012, and with a difference of a 22.86% increase.

Clovis sold 1,848 units with an average price of $255,000 in 2013, $225,000 in 2012, and with a difference of 13.33% increase.

 

In Madera County

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Madera sold 946 units with an average price of $151,250 in 2013, $128,000 in 2012, and with a difference of a 18.16% increase.

Chowchilla sold 261 units with an average price of $125,000 in 2013, $117,500 in 2012, and with a difference of a 6.38% increase.

 

If you are interested in a different city and county, the link is www.dqnews.com. 

Recommended Ways to Save Household H2O

| Jason Burns

                                                                                                              […]       [Read More]

                                                                                                                                             
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RESIDENTIAL WATER use, verify and check your local City/County utility information.  To New Future Homeowners, Know your lawn watering schedule. Sometimes it is a range between the evening to the morning only 3 days a week.   The goal is to conserve water.  

 Ways To Save Water: 

  • Never pour unused water down the drain. Find another use for it! This could be watering a plant, cleaning something, or soaking a dirty dish.
  • Operate household appliances such as washing machines or dishwashers only when they are at full capacity.  If possible, set the load amount for the amount you are actually washing.
  • Make sure water pipes are insulated; you’ll get hot water faster!
  • Repair leaking faucets, sticking toilet flush handles, toilet leaks, and other water-wasters promptly.  Did you know that if a faucet drips at a rate of one drip per second, 2,700 gallons of water per year would be wasted?
  • Never leave water running while you are shaving, brushing teeth, and taking care of other personal grooming. Sometimes it is hard to not let it run, but you could fill the sink and plug the water or use a bathroom pitcher of hot or warm water.
  • Always take shorter showers and don’t overfill the bathtub.
  • Use less water when cooking by carefully steaming vegetables rather than filling an entire pot with water.  There are alternate ways to heat vegetables.
  • When waiting for hot water to heat up, use the cool water for other purposes.
  • Don’t over water your lawn or garden.

Real Estate Financial Service

| Jason Burns

Real Estate Financial Services offer a variety of loan programs including, but not limited to, the following: HUD Section 184 – Native American Loan Conventional Conforming and High Balance – Conforming up to 97% LTV (Lender paid PMI required) Fannie Mae Home Path – 3% down, no PMI or Appraisal required USDA – 100%, No […]       [Read More]

Real Estate Financial Services offer a variety of loan programs including,
but not limited to, the following:

  • HUD Section 184 – Native American Loan

  • Conventional Conforming and High Balance –

  • Conforming up to 97% LTV (Lender paid PMI required)

  • Fannie Mae Home Path – 3% down, no PMI or Appraisal required

  • USDA – 100%, No Mortgage Insurance

  • FHA – 3.5% Down Payment, 100% of required Down Payment can be gifted

Find out how much you qualify for with www.rwloans.com