Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Fontana. Low rates with falling home prices makes a home purchase a great value! Call now for more information at

Average Home Price $275,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 60-90 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$350,000 - $399,000
Prices As % of Asking Price 100%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Fontana isDecreasing
Seller Activity for the past 90 days in Fontana is?Decreasing
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fontana!
Nearest Metro AreaRiverside
Housing Hot SpotsMost cities within the San Bernardino County area are considered 'Housing Hotspots'
Average Sold Price $275,000 - View Graph Trend

Fontana Local News


Market Update for Fontana, CA - January 11th, 2011 12:50pm
There are currently 859 active listings on the market in Fontana. 823 Single Family Homes ranging from $75,000 to $650,000, and 32 Condos ranging in prices from $39,900 up to $329,000. 471 out of the 859 listings are short sales.

How to avoid an endless House Hunt - December 22nd, 2010 11:40am
1. Get pre-approved

2. Make a list of:
a. must -haves
b. these would be nice
c. deal breakers

3. Find the right neighborhood first

4. Give yourself a deadline

5. Find a good agent

According to a 2009 National Association of Realtors study, the median buyer shopped for 12 weeks and looked at 12 homes.

Is a short sale right for you? - December 6th, 2010 11:56am
Buying a short sale home can be difficult - so why should you even consider it? Bottom line is that you can get the property for a substantial discount! Generally speaking you should not attempt to go through this process yourself. A short sale is one of those transactions where you really need to have the assistance of an experienced agent. Please keep in mind that not every real estate agent knows how to handle a short sale, so make sure that you choose an agent with a short sale background and good track record. For a list of current short sale listings in Fontana, Click Here
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CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
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Blog Archives

December 2010 (2)

Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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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.

Click here for full article...
 
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CENTURY 21 Beachside Realtors®
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CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®

  800-221-5234




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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