How Long Until It Sells? #BDHomes #Glendora

How fast are homes selling around here?  

(Hint:  Be ready to move quickly)

Glendora - 91741 and 91740   June 2017 = 45 days

Houses, Condos & Townhomes

Houses, Condos & Townhomes

San Dimas, CA  June 2017 = 28 days

Houses, Condos & Townhomes

Houses, Condos & Townhomes

La Verne, CA .  June 2017 = 19 days

Houses, Condos & Townhomes

Houses, Condos & Townhomes

Azusa, CA .   June 2017 = 47 days

Houses, Condos & Townhomes

Houses, Condos & Townhomes

Glendora is HOT HOT HOT Seller's Market #BDHomes #LAHomes

Are sellers getting their asking prices today?  

In Glendora, the answer is YES!

Year-to-date Asking Price vs Selling Price for 91741:

So far in June, sellers are getting their asking prices!

So far in June, sellers are getting their asking prices!

May 2017 = crazy high demand in 91740 too! 

Check out the numbers -
Asking Price vs Selling Price:

91740 - Now is the time to sell!

91740 - Now is the time to sell!

Mortgage News This Week #BDHomes

Mortgage News This Week

Mortgage News This Week

  • Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 2, 2017. This week's results included an adjustment for the Memorial Day holiday

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  • The Market Composite Index, a measure of mortgage loan application volume, increased 7.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 15 percent compared with the previous week. The Refinance Index increased 3 percent from the previous week. The seasonally adjusted Purchase Index increased 10 percent from one week earlier to its highest level since May 2010. The unadjusted Purchase Index decreased 14 percent compared with the previous week and was 6 percent higher than the same week one year ago. 

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  • The refinance share of mortgage activity decreased to 42.1 percent of total applications from 43.2 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 7.4 percent of total applications. 

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  • The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) decreased to its lowest level since November 2016, 4.14 percent, from 4.17 percent, with points increasing to 0.34 from 0.32 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. The effective rate decreased from last week. 

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  • The average contract interest rate for 15-year fixed-rate mortgages decreased to its lowest level since November 2016, 3.39 percent, from 3.42 percent, with points increasing to 0.43 from 0.39 (including the origination fee) for 80 percent LTV loans. The effective rate decreased from last week.