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Spring 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
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| 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 is | Decreasing |
| 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 Area | Riverside |
| Housing Hot Spots | Most 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
Contact Information
CENTURY 21 Beachside Realtors®
800-221-5234
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
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 800-221-5234
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