Last month home prices in Southern California hit the largest median price of $460,000, thats the highest its been in over a year.   The average cost of a home jumped up $5000 more than in January. That’s the largest year over year rise in 15 months and followed nearly five years of steady price increases.

This surge in price of homes is attributed to a shortage of supply on the market.  Just last month there was a smaller supply of homes for sale than a year earlier in every Southern California county.  With a shortage of homes on the market, buyers have less options to choose from which drives prices up.  Simple laws of supply and demand.

If you’re thinking of selling your home, right now is the best time to sell.   People who are currently shopping for a home are limited on the current supply, forcing them to pay higher prices because of competition.  This is great for people who are currently listing their homes.   Don’t wait though, the summer time is when most listings come on the market, which will stabilize home prices.  Act now and you could get 5% – 10% more on the value of your property.   If you’re interested in selling your home please contact us at (562) 964-841

 

The La Habra planning commission has approved a second In-n-out location within the city limits.  This new location will be at the empty lot on the corner of Whittier Blvd. and between Beach Blvd and Hacienda Road at 1761 W. Whittier Blvd.

The new location will feature  3,812-square-foot building with a drive-through and plenty of space to accommodate up to 17 cars int he drive-thru lane.  We all know In-n-out is always crowded come lunch time, and the city is doing everything it can to accommodate it’s popularity.  The restaurant will feature an outdoor patio and a 1000 sq. ft. dinning room.

Other businesses approved in the same construction project include Strarbucks, Chase Bank and Autozone.  Are you excited?  We are!  Can’t wait to try a #1 Animal style with cheese fries!

Jim Emery, Broker/Owner of Coldwell Banker Alliance Realty sharing some words of wisdom.

For more than 50 years, Jim and his team have helped agents transition from part-time to full-time, to invest in real estate for long term wealth and to build successful careers.

Listen now, to be inspired and learn what he did to get started.

If you want to begin building your career, take it to the next level or learn about investing in real estate, call (562) 945-2221 and ask for our Agent and Career Development Department.

This months featured agent is Joan Luft.  She has been an integral part of our growth here at Coldwell Banker Alliance for over 20 years.   Her commitment and work ethic are what have kept her a staple in Whittier’s Real Estate market.   If you would like to learn more about Joan Luft please call use at (562) 945-2221.

 

STARTER HOME! Single story 1216 sqft home with 3 bedrooms, 2 baths on 8175 sqft. lot. Some upgrades, new water heater, new copper water line, converted garage and new windows throughout. Close to schools and brand new community center. Close to transportation and freeway access. MLS # TR15009071. Call listing agent Sophia De la Vara at 562-755-9650 for more details about this property.

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Spyglass villa condo gated complex. Show your most particular clients; quiet complex; this unit shows beautifully with a great city light view! Beautiful pool, & spa. This lovely end unit has recently had interior painted, new water heater, new storage & water heater closet doors, new screens installed on all slider doors, corner fireplace in living room, 2 balconies and 1 patio. A super convenient location for those who work in downtown Los Angeles, or Pasadena; convenient to 60 and 605 freeways. MLS # PW15028215. Call listing agent Roseann Oesterreich at 562-714-4121 for more details about this property.

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This Charming condo is located in the very desirable Murphy Hill gated community. Fabulous location – perched in the treetops – with views of the adjacent hills and canyon below. Exposed beam vaulted ceilings with skylights, fireplace and recess lighting. Open floor plan with arched windows that let in an abundance of natural light. All the windows have painted wood shutters. Well maintain kitchen with granite countertops and breakfast area. Specious master bedroom with attached master bathroom and walking closet. Den/office could be easily converted to another bedroom. Private and secluded setting, great location for shopping, restaurants, coffee shops, walk in near-by hill, nature trails. Come visit and experience it yourself!!          MLS #PW15032762 . Call listing agent Gayana Karian at 626-422-1810 for more details about this property.

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Contemporary, single level home with fabulous views of Fashion Island, city lights, back bay, yachts, ocean, and mountain. Serious unobstructed views day and night. Prime location in Dover Shores – close to everything, but nice and quiet. The entire interior and exterior of this home was meticulously and properly remodeled with the finest materials and craftsmanship. 3 of the 4 bedrooms have on-suite full baths + a spacious powder room. The entire yard is new which includes a pool, spa, built-in BBQ, 7′ fire pits (qty 2), low voltage lighting everywhere, and all new landscaping and watering system. The interior is completely re-flowed for a contemporary, mid-century modern vibe. There is too much to list as basically everything is new and in pristine condition. The attached 3-car garage is completely finished and boasts professional cabinetry so you can actually park 3 cars inside. If you like clean and detailed – this home will not disappoint. MLS # TR15027128. Call listing agent Sophia De La Vara at 562 755 9650.

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Charming 2 bedroom, 2 bath sits on 5 acres with amazing views of the surrounding Morongo Valley hillsides. Property includes a small apartment above the 2 car garage, a large 8′ x 40′ storage container, 8′ x 16′ greenhouse and mature landscaping. Interior includes a beautiful old wood burning stove, dishwasher, garbage disposal, central air and heating plus an evaporative cooler. A covered porch looks out the back of the home with a lot of storage space under another covered area out back. The windows in every room allow daylight to enter for comfortable brightness. Ceiling fans in several rooms for refreshing air circulation. Newer carpet and paint. Enclosed, separate laundry area with plenty of room. MLS # TR15023857 . Call listing agent Jose Jimenez at 951 203 3595.

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Gorgeous, tastefully decorated two story view home in Hacienda Heights which features 4 bedrooms and 3 baths with 2,350 square feet of living space. Home is situated in a very private and secluded area with Canyon and partial City Lights view. This spacious floor plan offers formal living room with vaulted ceilings with fireplace, separate dining room with private patio areas for relaxing and enjoyment. The downstairs also offers a good size bedroom and full bathroom. The roomy upgraded Kitchen with loads of counter space and cabinets open up to a cozy separate family room with breath taking canyon views and green belt and another patio area to take in the views with seclusion and privacy. The home also offers an spacious master bedroom with walk in closet and upgraded bathroom with designer tiles. The home is located in the Community of the Hacienda Heights View Homes. This Home owner has taken great care of this house which shows pride of ownership through out. Home is in move in condition. MLS # TR15005165. Call listing agent Sophia De La Vara at 562-755-9650.

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