Thursday, August 13, 2015

Glendale CA Homes Sold on First Quarter of 2015

 In the First quarter (01/01/2015 to 03/31/2015) 108 homes were sold. The Minimum Listing Price $379,900 , Selling Price was $380,00,000 with 1 bedroom, 1 baths, 676 square feet house, and 1524 sq ft lot.
 Maximum Listing Price $1,825,000 and Selling Price $1,800,000 with 5 bedrooms, 6 baths, 6176 sq ft home, 87,398 sq ft lot, and 262 days on market.
 Average Listing Price $794,428 and Selling Price $791,710 with 3 bedrooms, 2 baths, 1936 sq ft home, 9894 sq ft lot and 58 days on market.
 17 sales were in the price range of 600K to 700K and 20 sales on the 700K to 800K range. Types of sales:
2 sales were bank owned aka reos, 5 probate sales, 8 on short sale and the rest were standard sales

                         MORTGAGES AND INTEREST RATE

 Conventional Loan 30 year fixed it's at 4.125% there is a 5% down payment for purchases with no  Private mortgage Insurance. Fha Loans at 3.750% 30 year fixed with 3.5% down payment
 There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance.  VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.
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Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant  Real Estate News, Mortgages, Trends
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