City of Sylmar Calfornia Home Sales Statistics For April 2009

New Listings: 120

Average Listing Price: $ 297,348

Listings Under Contract: 7

Average Listing Price: $ 266,028

Sold Listigs: 88

Average Listing Price: $ 258,682

% Sales Price Versus Listing Price: 100.31 %

% Sales Price Versus Old Listing Price: 91.55 %

Average Days on The Market: 65

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Alberto Pacheco
818 481 9211
Keller Williams Porter Ranch
www.granadahills.kwrealty.com

Palos Verdes California - Fire Approched Residendial Areas Areas - Los Angeles C

The Palos Verdes fire is 35% contained and will be fully controled in the next few days, no homes were destroyed and only 6 homes suffer minor damaged, it went out of control after 8:30pm yesterday evening 082709. It already burned 100 acres.

Palos verdes is a ritzy area and site of million dollar homes, it is part of Los Angeles County.

Newly Listed Homes and Condos From January - July 2009

Home and Condo Sales Statistics For Los Angeles County 2009

Mortgage Interest Rates as of 08/10/2009

Loans up to $417,000 Rate APR
30 Year Fixed 4.625% 5.011%
15 Year Fixed 4.125% 4.770%

Loans up to $1,000,000 Rate APR

5 Year ARM 8.875% 6.245%

5 Year Interest Only ARM 9.000 6.289

FHA Rates Rate APR
30 Year Fixed 5.000% 5.497%
15 Year Fixed 4.250% 4.915%

Los Angeles County Real Estate Home Sales Statistics 2008/2009

Sales Statistics For LOS ANGELES County CA
Realist's most recent recording date for this county is 08/05/2009
Single Family Residence
Time Period Number of Sales Median Sale Price
Jun 2009 5,179 $340,000
Jun 2008 3,844 $427,500
May 2009 4,183 $325,000
May 2008 3,678 $435,000

2009 YTD 27,145 $325,000
2008 43,633 $405,000

Condominium
Time Period Number of Sales Median Sale Price
Jun 2009 1,698 $355,000
Jun 2008 1,327 $400,000
May 2009 1,302 $320,000
May 2008 1,276 $395,000

2009 YTD 8,242 $330,000
2008 14,757 $385,000

Foreclosure Filings For The 1st Half of 2009

According to Realty Trac 1,905,723 foreclosure filings, notices of default, auction sale and bank repossession were reported on 1,528,364 homes in the U.S. A 9% increased from the previous 6 months and almost 15% increase for the First six months of 2008.

Solely in the month of June 336,173 U.S. homes had a foreclosure filing on them, even with the moratorium set by the government last year along with local, state and national lesgislative action, there is an increase of loan modifications, This week the Federal Reserve Board had a meeting with all the major lenders, asking them to increase the volume from the actual 200,000 to 500,000 modification this year alone.

In California 391,611 properties received a foreclosures filing in the first half of 2009. A total of 2.94% of the state's housing units (one in 34), making California the fourth highest state foreclosure rate. The increased on this first half was nearly 14% from the previous six months and 15% increase from first half of 2008

City of Pacoima California Home Sales Statistics For June 2009

New Listings: 35

Average Listing Price: $ 211,122

Listings Under Contract: 27

Average Listing Price: $ 186,065

Sold Listigs: 37

Average Listing Price: $ 187,818

% Sales Price Versus Listing Price: 103.44 %

% Sales Price Versus Old Listing Price: 95.47 %

Average Days on The Market: 68

City of Pacoima California Home Sales Statistics For May 2009

New Listings: 53

Average Listing Price: $ 192,093

Listings Under Contract: 31

Average Listing Price: $ 197,484

Sold Listigs: 39

Average Listing Price: $ 176,976

% Sales Price Versus Listing Price: 100.98 %

% Sales Price Versus Old Listing Price: 89.92 %

Average Days on The Market: 74

City of Pacoima California Home Sales Statistics For April 2009

New Listings: 56

Average Listing Price: $ 205,927

Listings Under Contract: 26

Average Listing Price: $ 194,519

Sold Listigs: 34

Average Listing Price: $ 191,767

% Sales Price Versus Listing Price: 103,79 %

% Sales Price Versus Old Listing Price: 93.20 %

Average Days on The Market: 48

City of Northridge California Home Sales Statistics for May 2009

New Listings: 92

Average Listing Price: $ 511,056

Listings Under Contract: 60

Average Listing Price: $ 531,554

Sold Listigs: 67

Average Listing Price: $ 485,466

% Sales Price Versus Listing Price: 99.48 %

% Sales Price Versus Old Listing Price: 94.25 %

Average Days on The Market: 56

City of Northridge California Home Sales Statistics For April 2009

New Listings: 102

Average Listing Price: $ 529,379

Listings Under Contract: 58

Average Listing Price: $ 442,391

Sold Listigs: 60

Average Listing Price: $ 451,090

% Sales Price Versus Listing Price: 97.86 %

% Sales Price Versus Old Listing Price: 93.17 %

Average Days on The Market: 62

How The Federal Reserve Board Affect Mortgage Interest Rates

The Federal Reserve Borard left interest rate unchanged at almost zero as it indicated that the economy contraction is slowing down. Financial market condition is improving in the last few months.

Mortgage Interest rate went up last week up to 5.81 due to the concerns on inflation and goverment spending, and the reason was that, 10 year treasury note went up. As of today 07/24/09 the rates are as follow:

30 year fixed 5.39%
15 year fixed 4.81%
The 10 year treasure note 3.67%

There is a rumor that the Fed may increase the interest rate by the end of 2009.

Hispanic Population in California According to the US Census Bureau 2000

Hispanic Population in Los Angeles County: 4,242,2132

Total Population of 18 years or over in Los Angeles County: 2,707,234

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Granada Hills Population and Housing Units

According to the U.S. Census of 2002 is as follow:

Granada Hills Zip Code 91344

Population: 48,863

Housing Units: 16695

Total Area in Square Miles: 15.53

Water Area: 0.65 Land Area: 14.88

Density per Square mile of Land Area

Population: 3,284.5 Housing Units: 1,122.2

City of Newhall Home Sales Statistics For June 2009

New Listings: 43

Average Listing Price: $ 344,409

Listings Under Contract: 16

Average Listing Price: $ 326,159

Sold Listigs: 25

Average Listing Price: $ 303,187

% Sales Price Versus Listing Price: 99.15 %

% Sales Price Versus Old Listing Price: 92.00 %

Average Days on The Market: 95

City of Newhall California Home Sales Statistics For May 2009

New Listings: 38

Average Listing Price: $ 396,914

Listings Under Contract: 17

Average Listing Price: $ 340,753

Sold Listigs: 29

Average Listing Price: $ 309,331

% Sales Price Versus Listing Price: 98.38 %

% Sales Price Versus Old Listing Price: 92.56 %

Average Days on The Market: 67

City of Newhall California Home Sales Statistics For April 2009

New Listings: 28

Average Listing Price: $ 477,733

Listings Under Contract: 29

Average Listing Price: $ 283,660

Sold Listigs: 24

Average Listing Price: $ 320,808

% Sales Price Versus Listing Price: 97.55 %

% Sales Price Versus Old Listing Price: 86.02 %

Average Days on The Market: 90

City of Montebello California Home Sales Statistics For June 2009

New Listings: 6

Average Listing Price: $ 386,200

Listings Under Contract: 4

Average Listing Price: $ 326,000

Sold Listigs: 5

Average Listing Price: $ 347,180

% Sales Price Versus Listing Price: 97.98 %

% Sales Price Versus Old Listing Price: 91.14 %

Average Days on The Market: 108