Fallbrook Real Estate Market - View Fallbrook Real Estate Market Trends in California

Winter 2012 Market Update Name of Local Newpaper to Send Releases: Orange County Register,San Diego Union, Orange County Sunpost
Average Home Price	$650,000 - View Graph Trend

Average Price Compared to Last Year	Up 5-10%

Average Time on Market	30-60 days

Best Selling Price Range	$650,000 - $699,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	85-90%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	Equal buyers and sellers

Buyer Activity for the past 90 days in Fallbrook is	Increasing

Seller Activity for the past 90 days in Fallbrook is?	Increasing

Multiple Offers?	Yes

Multiple Offers Commentary	Multiple offers most often on Bankowned and Short Sale/Pre-Forclosures. The tend to get 10-30 offers that drive the purchase price up to full price or, over asking price. especially in the under $500K price range. They are actually not that great of a deal in this case. Sold as-is the buyer gets stuck with exrtra costs, mostly on the Short Sales.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	30-35%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	As a Buyer Only brokerage and a Realtor, i cannot emphasize enough for a buyer to have full loan approval before even starting to look at homes. With tougher guidelines now, many buyers find they ae asked a multitude of items be provided to give to the lender to qualify. Call me for a recommendation if you need a loan approval, we have a wonderful lender who focuses 100% of their practice to loans, shopping all products to get the best rate and terms.

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fallbrook! many buyers realize they are making a safer investment for their future with real estate, compared to anything else like stocks,ect.

Nearest Metro Area	San Diego, CA

Housing Hot Spots	North County San Diego is such a great buyers market with a large supply of inventory,rates dropped a bit too this week. Yet, a buyer can find the larger lots sizes and detached homes for under $700,000 in Fallbrook. As a Buyers Only Brokerage and Realtor , we show more homes, since 100% of our time is only to the buyer interest. You get full time service - full time loyalty to you the buyer, guaranteed.

Average Sold Price	$650,000 - View Graph Trend

Fallbrook Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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