West Covina, CA Real Estate News

By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Welcome to our weekly West Covina Real Estate Market Report and Homes for Sale Update where you will find the latest information about local West Covina Homes and Condos for sale. Based on numbers collected on 09/21/10, there were a total of 282 active Residential Property Listings in West Covina (down 4 from last week) - 229 West Covina Single Family Homes (-5) and 53 West Covina Condos (+1). The lowest priced West Covina Home is listed at $200,000 ($173.61/sqft, 21 Days on Market), the highest priced West Covina Home is listed at $1,870,000 ($515.58/sqft, 236 Days on Market). Search for West Covina Homes! The lowest priced West Covina Condo is listed at $119,900 ($168.87sqft, 286 Days on Market), the highest West Covina Condo is listed at $475,000 ($232.16/sqft, 10 Days on Market). Se...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Request a FREE Foreclosure List! Welcome to our West Covina Foreclosure Report. On 09/14/2010, there were a total of 38 Foreclosures amongst the currently active West Covina Residential Property Listings - 23 West Covina bank owned Homes and 15 West Covina bank owned Condos. With regards to West Covina Homes, the highest percentage of Foreclosures can be found within the price range between $200,000 to $300,000 with 18% (5 properties). However, the largest actual amount of West Covina Foreclosures is in the price range between $300,000 and $400,000 with 15 properties. With regards to West Covina Condos, the highest percentage of Foreclosures can be found within the price range between $0 and $200,000 at 53% (8 properties).    Want to learn more about Foreclosures or are a distressed hom...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Welcome to our West Covina Short Sales Report. As of 09/14/2010, there are a total of 104 Short Sales amongst the currently active West Covina Residential Property Listings - 81 West Covina Homes and 23 West Covina Condos. With regards to West Covina Homes, the highest percentage of Short Sales can be found within the price range between $200,000 and $300,000 at 71% (20 properties). The actual highest amount of West Covina Home Short Sales is in the price range between $300,000 and $400,000 with 48 properties. With regards to West Covina Condos, the highest percentage of Short Sales can be found within the price range between $200,000 and $300,000 at 82% (14 properties).    Of the 18 West Covina Properties that have closed Escrow so far this month, 5 were Short Sale Properties (3 Single...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Search for West Covina Real Estate! Welcome to our weekly West Covina Real Estate Market Report and Homes for Sale Update where you will find the latest information about local West Covina Homes and Condos for sale. On 09/14/10, there were a total of 286 active Residential Property Listings in West Covina - 234 West Covina Single Family Homes and 52 West Covina Condos. The lowest priced true West Covina Home is listed at $200,000 ($173.61/sqft, 14 Days on Market), the highest West Covina Home is listed at $1,870,000 ($515.58/sqft, 229 Days on Market). Search for West Covina Homes by price range! The lowest priced West Covina Condo is listed at $124,900 ($175.92sqft, 279 Days on Market), the highest West Covina Condo is listed at $475,000 ($232.16/sqft, 3 Days on Market). Search for West...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Click here to search for West Covina Properties! Welcome to our weekly West Covina Real Estate Market Report and Homes for Sale Update where you will find the latest information about local West Covina Homes and Condos for sale. On 09/08/10, there were a total of 286 active Residential Property Listings in West Covina - 231 West Covina Single Family Homes and 55 West Covina Condos. The lowest priced West Covina Home is listed at $200,000 ($173.61/sqft, 8 Days on Market), the highest West Covina Home is listed at $1,888,888 ($286.72/sqft, 93 Days on Market). Click here to see West Covina Homes! The lowest priced West Covina Condo is listed at $124,000 ($178.92/sqft, 273 Days on Market), the highest West Covina Condo is listed at $439,000 ($298.64/sqft, 119 Days on Market). Click here to ...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Home sales nationwide have dropped again, and I just gave you an overview of the developments for the city of Whittier. Our next target city is West Covina, another local market in our coverage area. The picture here is very different from Whittier:   Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2010 47 45 72 66 67 75 55 71         2009 46 53 57 62 72 80 75 66 91 84 67 77 2008 34 32 29 54 52 51 83 68 69 93 64 73 2007 64 53 54 48 60 59 60 35 37 47 37 39 2006 52 49 79 60 69 84 64 69 62 66 57 65 * Note: Numbers based on information pulled from the SoCal MLS. All Residential Properties (Single Family Homes AND Condos). As you can see, sales plunged to 55 in July but are up again in August with 71, an actual increase from the previous year. It also seems that West Covina Real Estate sales...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
West Covina Real Estate Market Report Welcome to our weekly West Covina Real Estate Market Report and Homes for Sale Update where you will the latest information about local West Covina Homes and Condos for sale. SEARCH FOR WEST COVINA REAL ESTATE HERE!!! On 08/03/10, there were a total of 271 active Residential Property Listings in West Covina - 218 Single Family Homes and 53 Condos. The lowest priced West Covina Home is listed at $188,888 ($266.04per sqft, 79 Days on Market), the highest priced West Covina home is listed at $1,988,888 ($301.90 per sqft, 57 Days on Market). The lowest priced West Covina Condo is listed at $134,900 ($190 per sqft, 100 Days on Market), the highest priced Condo is listed at $475,000 ($232.16 per sqft, 138 Days on Market).   In addition to the active listi...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
West Covina Real Estate Market Report Welcome to our weekly West Covina Real Estate Market Report where you will the latest information about local West Covina Homes and Condos for sale. SEARCH FOR WEST COVINA REAL ESTATE HERE!!! Today, 07/27/10, there are a total of 276 active Residential Property Listings in West Covina - 221 Single Family Homes. and 58 Condos (ranging from  to $475,000). The lowest priced West Covina Home is listed at $185,000 ($228.68 per sqft, 27 Days on Market), the highest priced West Covina home is listed at $1,988,888 ($301.90 per sqft, 49 Days on Market). The lowest priced West Covina Condo is listed at $135,000 ($190.14 per sqft, 7 Days on Market), the highest priced Condo is listed at $475,000 ($232.16 per sqft, 130 Days on Market).   In addition to the acti...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Welcome to Ralph's Weekly Feature: Two Truths and a Lie: Guess Which One Is The Lie? Each week, I'm going to feature one Active Rain Member, with their photo, and what they are going to do is tell you 2 Truths about them and 1 Lie. The object of the game is to guess which of the 3 bits of trivia about them is a lie! I will post the answer after a few days so you can all find out! It's a great way to get to know your fellow Active Rain members and staff. This week, we will be featuring: Dee Mayers Dee is an agent with First Citywide Realty who works in the northern San Gabriel Valley area of Los Angeles, in such areas as Covina, West Covina, Glendora, and Azusa. OK, Here goes: My best friend and I flew to a Caribbean island to spend a week. On the plane we struck up a conversation with ...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
West Covina Real Estate Market Report Welcome to our weekly West Covina Real Estate Snapshot where you will find the latest information about local West Covina Homes and Condos for sale. SEARCH FOR WEST COVINA REAL ESTATE HERE!!! Today, 07/22/10, there are a total of 278 active Residential Property Listings in West Covina - 222 Single Family Homes and 56 Condos - that's a 15-Listing increase from last week!The lowest priced West Covina Single Family Home is listed at $299,000 ($244.82per sfqt, 3 Days on Market, Standard Sale), the highest priced West Covina Home is listed at $1,988,888 ($301.90 per sqft, 44 Days on Market, Standard Sale).The lowest priced West Covina Condo is listed at $185,000 ($212.64per sfqt, 83 Days on Market, Standard Sale), the highest priced West Covina Condo is ...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Welcome to our weekly West Covina Foreclosure Report. Numbers are based on information extracted from the MLS on 07/13/10. REQUEST A FREE FORECLOSURE LIST!!! As mentioned in our weekly West Covina Real Estate Market Report earlier this week, there were a total of 263 active Residential Property Listings in West Covina on 07/13/10. Of these 263 listings, only 35 of them are bank owned properties (13%). Let's take a look and see which price range seems to be most effected by Foreclosures. West Covina Bank Owned Single Family Homes for Sale:(Percentage reflects percentage within price range, not overall) $0 - $200K:          0  $200K - $300K:     3 (14%)$300K - $400K:    18 (19%)$400K - $500K:     3  (7%)$500K - $600K:     0 $600K - $700K:     0 $700K - $800K:     0$800K - $900K:     0$900...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
West Covina Real Estate Market Report Welcome to our weekly West Covina Real Estate Snapshot where you will find the latest information about local West Covina Homes and Condos for sale. SEARCH FOR WEST COVINA REAL ESTATE HERE!!! Today, 07/13/10, there are a total of 263 active Residential Property Listings in West Covina - 209 Single Family Homes and 54 Condos.The lowest priced West Covina Single Family Home is listed at $185,000 ($228.68 per sfqt, 14 Days on Market, Short Sale), the highest priced West Covina Home is listed at $1,988,888 ($301.90 per sqft, 36 Days on Market, Standard Sale).The lowest priced West Covina Condo is listed at $185,000 ($212.64per sfqt, 75 Days on Market, Standard Sale), the highest priced West Covina Condo is listed at $478,000 ($223.16 per sqft, 26 Days o...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Are you thinking about buying a bank owned home in West Covina? There are several bank owned properties for sale in West Covina and one of them might be exactly what you are looking for! As of 06/30/10, there are a total of 28 bank owned properties for sale in West Covina - 17 of them are Single Family Residences, 11 are Condos. The lowest priced bank owned Home in West Covina is listed at $299,000, it has been on the market for 12 days, at a price per sqft of $229.98. The highest priced bank owned Home in West Covina is listed at $454,900, it has been on the market for 44 days, at $266.65 per sqft. One bank owned Home is in back-up offer status, 14 are pending sale. The lowest priced bank owned Condo in West Covina is listed at $139,000, it has been on the market for 65 days, at a pric...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
Short Sale and Foreclosure Resource Certified (SFR)Stephanie Frymyer and Shirley WilliamsYour Short Sale and Foreclosure Specialists Are you having problems making your monthly mortgage payments? You are not alone - many Americans are facing the same problem and are faced with one or more of these difficulties: - Jobloss, business failure or decrease in income - Personal problems, such as death of a spouse or divorce, forcing you to sell your home, but there is not enough equity - Health problems that resulted in major debt - Relocation, forcing you to sell your home, but there is not enough equity - Increase in mortgage payments - You are already in default and are facing foreclosure - You are experiencing another form of hardship. If this sounds like what you are going through, don't ...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
SEARCH FOR HOMES HERE!!! It's Tuesday again and time for our weekly "West Covina Homes for Sale" snapshot. As of today, there are a total of 248 active residential property listings in West Covina - 202 Single Family Homes, 46 Condos. Homes for Sale in West CovinaTotal Homes for Sale: 202Lowest Price: $188,000 Highest Price: $1,988,888Short Sale Listings: 70Bank Owned Listings: 17 Condos for Sale in West CovinaTotal Condos for Sale: 46Lowest Price: $149,900Highest Price: $488,000Short Sale Listings: 24Bank Owned Listings: 8 Let's take a look at West Covina Homes and Condos for Sale by Price Range (compared to figures taken 06/10/10). West Covina Homes For Sale by Price Range$0 - $200K:           1 (no change)$200K - $300K:     12 (down 1)$300K - $400K:     94 (up 4)$400K - $500K:     36...
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By Namneet Dhaliwal President / Broker - Realtor, Sincerity, Trust and Commitment to Excellence!
(Zone Realty. Inc.)
4 bed 2 bath single family home with in ground pool and two car attached garage. Built in 1971 and 1200 sf living space. Need some work. Excellent opportunity in this great neighborhood. Property sold AS IS where is, seller can close quick. This is not a short sale.
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By Jonathan Chi, Real Estate & Marketing Professional
(Prudential California Realty)
Over the past few years, I have been working with many rental properties investors.  Many of them have asked me to advise them on how to generate the highest possible rent for rental properties.  While there are many options for improving rental property income, here are a few simple and low cost investments that will help landlords to get the most for their rentals. 1.  Keep the Rental Property Clean and Presentable  (FREE) The first factor when a tenant considers a rental property is its attractiveness and cleanliness. The property needs to be CLEAN at the very beginning stage (before marketing and showing). Many landlords acquire properties through Bank Owned Sales or foreclosures and do not make an effort to clean and maintain properties that often show signs of neglect or even abu...
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By David Dee, Real Estate - San Gabriel Valley (L.A.) & N. Orang
(RMX REALTY)
West Covina CA Real Estate - Closed SALES for January 2010   Below is a Market Statistics for HOMES SOLD in West Covina CA were a total of 50 closed sales including Bank Owned REOs and Shortsales. Of the 50 homes sold, 34 were Single Family Homes, 10 Condo, and 6 Townhome. Average Days on Market for SFR was 43 in Jan-10 vs 59 in Jan-09.   Average prices SOLD for SFR, Condos, and Townhomes were 426k, 224k, and 262k respectively. Total sales volume for the month ending January 2010 for West Covina CA was at $18.3 million vs Jan-09 of $17.7 million.   Average SOLD/LIST price was as follows: SFR:               99.5% Condos:        101.4% Townhomes: 108.8%             ********************************************************************************************* For FORECLOSURE Prevention & al...
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By Nevin Williams, Senior Mortgage Advisor
(Fairway Independent Mortgage Corporation)
California mortgage rates for West Covina are posted below and are subject to change. Financial Reasons to Buy a Home There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment. Here are just a few of those reasons: Increase Net Worth: Few things have a greater impact on net worth than owning a home. In a comparison of renters versus homeowners, the Federal Reserve Board of Consumer Finance found that the average net worth of renters was just $4,000 compared to homeowners at $184,400. A Big Tax Deduction: One of the largest tax deductions available is the amount of interest paid on a mortgage. In fact, a $150,000 home at a 5.50% interest rate can add up to approximately $8,000 in first year's interest. This...
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By Stephanie Frymyer, Realtor ABR, SRES, SFR, Whittier
(Brick & Co. Real Estate, Inc.)
The West Covina City Council recently offered a First-Time Home Buyer Opportunity - the construction of a Single Family Residence that was offered to First Time Home Buyers. The construction of this home was a collaborative effort between the Regional Occupational Program and the Community Development Commission which provided students with hands-on entry level construction skills. It is anticipated that through collaboration and partnerships with developers, property owners, businesses and the community, the Community Development Commission will continue to encourage development, rehabilitate deteriorating centers, attract and expand businesses, develop and increase the affordable housing stock within the City. Other new construction underway is the Pacific Communities Park West develo...
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West Covina, CA Real Estate Professionals