Home • Faq • About Me • My Commitment • Contact Us

This Month: Mortgage rates are still very volatile, changing up and down rapidly, and within days. Potential buyers, must lock in any good rates that are quoted to them, otherwise , those rates may be much higher, at the time of funding. After about one year of uncertainty, we are experiencing major price drops at all price levels, as the average price continues to drop and the average time required to sell a property is the highest we have seen in about  5 years.

 Prices in Villa Park, per Sq. ft, were about $360 in January, and $357 by the end of May. 0% change. However, it is taking a lot longer to sell most properties on average.

 Sellers: Homes that are updated and upgraded recently, and show well, continue to sell fast and at top prices. The little work you can do before listing, can save you time and money. Single level homes are still in high demand, and of course location.

For consultation on how to update and stage your property at $0 cost, contact our office, as we have a program, where we absorb the initial cost and work out the expenses through escrow, while maintaining your bottom line. (bring you  net amount that is reasonable and you are pleased with).

Coldwell Banker Villa Park office, is offering  full service residential listings, with complete, exclusive marketing, at 5.5% commission.

DOM: Days on the Market

PPF: Sold Price Per Foot

Denise  Bassham,

Coldwell Banker Previews International

(888) 780-7809 

(714) 944-8499

denise@villaparkrealestate.com

Buy: I will work on getting you the home that you like, within your budget.

Sell: Negotiable Commission, Full Service. Most Advanced Marketing Procedures, to insure your property sells fast at a decent price. Short term listings, cancel any time for any reason. 

April 1 to May 31 2008

Current Villa Park Real Estate Data

* Average rates in 2007 : 7.5%

For Photos And More Info Click Here and for a printable copy of my news Letter  Click Here > pdf, must have adobe reader 6.0 or higher installed. to download adobe reader, click on the download link below, click on "save", chose a location on your disk to save the file. After the download is complete, double click on the file and follow instructions to install it. DOWNLOAD Adobe Reader HERE

How Can this data help you?

A-) if you are thinking of selling, you should consider all the factors, analyze your own property' age and condition verses the city's average, and conclude a reasonable selling price per foot. Now, its time to decide whether you are willing to wait 135 days or so, (the average DOM) or willing to wait more or less. Then, based on that, price your property by :

    1-) + 5% if you are willing to wait up to 180 days.

     2-) - 5% if you wish to sell faster than the average.

     3-) On target, if 88-160 days fit your life style and plans.

Then of course, employ a realtor that is willing to go the extra mile, and market your property vigorously, and utilize every form of real estate marketing possible. (of course I hope to earn your business personally).

B-) If you are in the market to buy, you can use this data, to determine whether or not, the home prices you are looking at, are within reason, and make your offers in accordance with the factual data provided. Do not hesitate making any reasonable offer, on any property, regardless of what the list price is. Most serious sellers are reasonable and may go with the facts, not the emotion. And as Above, I would appreciate representing you in your purchase!