What Does A Back Up Offer Really Mean?A back up offer is an offer that is taken and placed on file.  In the event that the buyer currently under contract for some reason can not follow through with the purchase of the house then anyone with a back up offer on file may be contacted. A back up offer does not guarantee that your offer will automatically be accepted in the event that the current contract falls apart. It is more or less your formal stated offer and statement of interest in the home should it become available again in the future. Keisha Hosea is a local Market Expert and Realtor with Keller Williams Realty Chino Hills. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire, including... 01/28/2011

What are home sales like in Pomona and Phillips Ranch, California (91766)? The months of supply of homes for sale in Pomona and Phillips Ranch, CA for the month of November 2010 shows a 7.2 month supply of homes to sell. From this time last year, the supply of homes for sale has increased roughly 45%. That means there is plenty of competition amongst homes on the market.   The supply and demand for homes in Pomona and Phillips Ranch shows us there were 13% less homes for sale this November than there were last November and  the demand from buyers for homes in Pomona and Phillips Ranch's 91766 zip code is down 28%.  There were 25 homes sold last November and there were 18 homes sold this November. The median sold price for homes in Pomona and Phillips Ranch in November 2010 is up 14% sin... 12/30/2010

  The months of supply of homes for sale in Pomona (91768) and is extremely low for single family homes. From June 2009 to June 2010 the supply of homes for sale is down 32% with only a 2.7 month supply. There were only 83 homes for sale in June 2010, whereas in June 2009 there were 119 homes available for sale. Inventory for sale is down 30%.  The supply and demand for single family homes shows us that the supply is down 30% since this time last year and the demand for homes in this Pomona 91768 is down by 12%. Many suspect that the demand is down due to the fact that the tax credit for buyers has ended. As we keep an eye out to see were the trend is headed, we will have a better idea on where the housing market really is. As both supply and demand decrease, we will probably see an ove... 07/22/2010

Pomona (91766 Zip Code) Single Family Home Sales May 2010 $150,00-$200,000 Price Range The months of supply of homes for sale in this area of Pomona and in the $150,000- $200,000 price range is extremely low for single family homes. From May 2009 to May 2010 the supply of homes for sale is down 58%.   There were only 28 homes for sale in May 2010 in this price range, whereas last May there were 67 homes available for sale. Get the picture on where we are at with home inventory?  The supply and demand for single family homes shows us that the supply is down 58% since this time last year, while the demand for homes in this price sector in the Pomona 91766 zip code only went down by 10%. Over the past year the median sales price has remained relatively stable with a decrease of 8% in the m... 06/02/2010

Pomona CA median home prices showed a gain over median prices in April 2009 in all Zip Codes, according to DataQuick, which compiles statistics from county records, and - compared to March 2010 - rose in Zip Codes 91766 and 91768, slipping slightly in Zip Code 91767, according to DataQuick reports. The service reported that 44 Pomona homes in Zip Code 91766 sold during the month of April 2010, with a median price of $214,000, up from the March 2010 median price of $210,000; seven condominiums were sold in April, with a median price of $165,000. Single-family home sales in Zip Code 91766 were up 34.5 percent from April 2009, when the median home price was $159,000.  In Pomona Zip Code 91767, 50 homes were sold in April 2010, with a median price of $220,000, down slightly from the March 2... 05/31/2010

Pomona 4-Plex Income Property Sales April 2010   The months of supply of 4-plex income properties between the $200,000-$400,000 range is EXTREMELY low. It is down from last April 2009 by 72%. The median sold price for such income properties is currently $322,500. Unfortunately there is not enough available data to compare this April to last April 2009. Pomona 4-plexes remained on the market an average of 16 days last April as opposed to 53 days this April. One of the reasons that properties are on the market longer is due to short sales. Short sales typically take longer to close escrow and therefore, are driving the average days on market upwards.     The median sold price for homes in this luxury price range is $322,500. The median price of homes for sale in this segment in April 2010... 05/27/2010

Pomona (91766 Zip Code) Single Family Home Sales April 2010 The months of supply of homes for sale is extremely low for single family homes in Pomona. From April 2009 to April 2010 the supply of homes for sale is down 75%. There is approximately less than  a 2 month supply of single family homes in this home sector. The supply and demand for single family homes shows us that the supply is down 46% since this time last year, the demand for homes for sale is up 89%. Over the past year the median sales price has remained relatively stable with an increase of 4% in the median sold price.  Additionally,  since last April, the average days on the market has decreased by 26%. Single family homes in 91766 zip code remained on the market an average of 58 days this April as opposed to 78 days las... 05/18/2010

The Pomona Home, Backyard & Green Expo will be held Friday, Saturday & Sunday, May 14, 15 & 16 2010 at the Fairplex located at 1101 W. McKinley Avenue, Building #4 in Pomona. "The Treasures of King Tut" exhibit will be at the expo which features over 100 museum quality replicas from the Boy King's Tomb. In addition to the free admission, there will be give aways at the event including a free kitchen sliding knife to the first 300 people on Friday at 2:00PM and a free food chopper to the first 100 people on Saturday & Sunday at 10:00AM. Daily seminars include: Green Gardening Solar 101 Green Living Workshop There will be hundreds of exhibits including home improvement, remodeling, decorating, landsacping, seminars, cooking shows and entertainment.  You can even enter to win a $5000 BBQ I... 05/10/2010

A total of 22 Pomona homes were added to those listed for sale during the week ending Dec. 7, 2009, according to the Inland Multi-Regional Multiple Listing Service and 20 properties were reported as entering escrow during the week.  There were 248 Pomona homes listed for sale in the MLS on Dec. 7. Included are 182 single-family homes. There were 66 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Dec. 7; 86 homes were reported as vacant.  The MLS showed 40 foreclosed, or Real Estate Owned, homes listed in Pomona on Dec. 7; 112 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.                                                                                                    ... 12/07/2009

A total of 33 Pomona homes were added to those listed for sale during the week ending Nov. 15, 2009, according to the Inland Multi-Regional Multiple Listing Service and 18 properties were reported as entering escrow during the week.  There were 243 Pomona homes listed for sale in the MLS on Nov. 15. Included are 178 single-family homes. There were 65 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Nov. 15; 82 homes were reported as vacant.  The MLS showed 31 foreclosed, or Real Estate Owned, homes listed in Pomona on Nov. 15; 108 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.                                                                                                ... 11/18/2009

A total of 18 Pomona homes were added to those listed for sale during the week ending Nov. 8, 2009, according to the Inland Multi-Regional Multiple Listing Service and 17 properties were reported as entering escrow during the week.  There were 230 Pomona homes listed for sale in the MLS on Nov. 8. Included are 168 single-family homes. There were 62 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Nov. 8; 76 homes were reported as vacant.  The MLS showed 33 foreclosed, or Real Estate Owned, homes listed in Pomona on Nov. 8; 103 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.                                                                                                    ... 11/08/2009

A total of 19 Pomona homes were added to those listed for sale during the week ending Nov. 3, 2009, according to the Inland Multi-Regional Multiple Listing Service and 23 properties were reported as entering escrow during the week.  There were 236 Pomona homes listed for sale in the MLS on Nov. 3. Included are 169 single-family homes. There were 67 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Nov. 3; 84 homes were reported as vacant.  The MLS showed 31 foreclosed, or Real Estate Owned, homes listed in Pomona on Nov. 3; 108 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.                                                                                                    ... 11/03/2009

12 Ranch Camino Dr #101 Pomona, CA 91766 just reduced!! $130,000!!! http://tinyurl.com/yddo2ey 11/02/2009

12 Ranch Camino Dr #101, Pomona CA 91766 just listed!! $140,000!! http://tinyurl.com/yj7afkg 10/23/2009

A total of 18 Pomona homes were added to those listed for sale during the week ending Oct. 12, 2009, according to the Inland Multi-Regional Multiple Listing Service and 24 properties were reported as entering escrow during the week.  A total of 227 Pomona homes were listed for sale in the MLS on Oct. 12. Included are 165 single-family homes. There were 62 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Oct. 12; 83 homes were reported as vacant.  The MLS showed 34 foreclosed, or Real Estate Owned, homes listed in Pomona on Oct. 12; 93 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.                                                                                            ... 10/11/2009

A total of 28 Pomona homes were added to those listed for sale during the week ending Oct. 5, 2009, according to the Inland Multi-Regional Multiple Listing Service and 23 properties were reported as entering escrow during the week.  A total of 252 Pomona homes were listed for sale in the MLS on Oct. 5. Included are 179 single-family homes. There were 73 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Oct. 5; 87 homes were reported as vacant.  The MLS showed 32 foreclosed, or Real Estate Owned, homes listed in Pomona on Oct. 5; 116 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 26 Pomona homes reported as sold in the MLS in the week ending Oct. 5, 2009.  Ila ... 10/06/2009

A total of 24 Pomona homes were added to those listed for sale during the week ending Sept. 27, 2009, according to the Inland Multi-Regional Multiple Listing Service and 28 properties were reported as entering escrow during the week.  A total of 261 Pomona homes were listed for sale in the MLS on Sept. 27. Included are 182 single-family homes. There were 79 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Sept. 27; 89 homes were reported as vacant.  The MLS showed 35 foreclosed, or Real Estate Owned, homes listed in Pomona on Sept. 27; 120 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 23 Pomona homes reported as sold in the MLS in the week ending Sept. 27, 2... 09/28/2009

A total of 24 Pomona homes were added to those listed for sale during the week ending Sept. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service and 34 properties were reported as entering escrow during the week.  A total of 264 Pomona homes were listed for sale in the MLS on Sept. 21. Included are 179 single-family homes. There were 85 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Sept. 21; 94 homes were reported as vacant.  The MLS showed 41 foreclosed, or Real Estate Owned, homes listed in Pomona on Sept. 21; 122 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were 17 Pomona homes reported as sold in the MLS in the week ending Sept. 21, 20... 09/21/2009

Nineteen Pomona homes were added to those listed for sale during the week ending Aug. 30, 2009, according to the Inland Multi-Regional Multiple Listing Service and 29 properties were reported as entering escrow during the week.  A total of 281 Pomona homes were listed for sale in the MLS on Aug. 30. Included are 196 single-family homes. There were 85 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Aug. 30; 97 homes were reported as vacant.  The MLS showed 49 foreclosed, or Real Estate Owned, homes listed in Pomona on Aug. 30; 130 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. Twenty-three Pomona homes were reported as sold in the MLS in the week ending Aug. 30, 2009.  I... 08/30/2009

Twenty-six Pomona homes were listed for sale during the week ending Aug. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service.  A total of 279 Pomona homes were listed for sale in the MLS on Aug. 21. Included are 200 single-family homes. There were 79 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on Aug. 21; 94 homes were reported as vacant.  The MLS showed 44 foreclosed, or Real Estate Owned, homes listed in Pomona on Aug. 21; 125 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Sixteen Pomona homes were reported as sold in the MLS in the week ending Aug. 21, 2009.  Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for... 08/22/2009