Foust Team Real Estate Blog

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Real Estate Agent - Foust Team Real Estate Sales, Master Certified Negotiation Expert - DRE # 01400567
Current, relevant, and insightful topics on real estate in North Orange County, Fullerton, Brea, Anaheim, Yorba Linda, La Habra, La Mirada, and Placentia.
As of today it takes the average home in Fullerton 99 days to be sold.  That fact alone is not too surprising, but the average price being $505,455 is very startling.  In this age of low priced homes, it has shocked us that the average can be that high.  Fullerton homes for sale are usually a lit...
  Fullerton real estate inventory tells the tale.  The volume of homes for sale in Fullerton has finally leveled out , relatively speaking that is.  During the "boom" years, the average number of homes for sale in Fullerton dropped to around 230-240 for any one day.  That is what we called a "sel...
AR has done it again.  I had a problem and they have really responded.  First, they actually return phone calls promptly - I left a message and they called back in less that 2 hours.  In fact I think is was more like one hour.  GREAT JOB AR. Second, they listened to my issue, understood my proble...
We are sorry to report to the buyers out there -- but the banks are not very friendly/reliable at this time.  We have to alert the buyers that the very first step in the home buying process is to get with a lender and get your approval in writing.  Although this was not the case in the past, it f...
409 Malvern Ave, Fullerton CA 92832 - For Sale   409 Malvern Ave, Fullerton CA 92832 - 3 Bedroom Craftsman Home, Downtown Fullerton $525,000The BEST VALUE on the market for a 3 Bedroom Craftsman home on an interior street in the popular Jacaranda, Malvern, Brookdale historical neighborhood. The n...
Only $519,000 for a Turn-Key 3+2 in Fullerton's President Homes   This home is the BEST VALUE IN THE AREA on 3 bed 2 bath, ready for move-in home, with a desirable interior tract location. Fullerton's President Homes is a highly desired area known for its high quality construction and quiet subur...
In the old days (last year,ha ha),a BPO (Broker price opinion) was one of the last things that happens in a Short Sale.  BPO's were only done when the banks holding the mortgage were about to make a decision - almost always many many weeks after a real offer was submitted.   Now it appears that t...
Something is going around, like the flu, that is making owners of homes in Fullerton think that if they remodel, more than slightly, it will drive up the sales price.  This is a terrible idea - and it does not work.  We just watched an owner do this, and now he has had to drop the price to get th...
Fullerton homes for sale and Fullerton real estate have more than their share of short sale offerings.  But while they may be a frustration to buyers, there is some real hope for these same buyers.  The problem lies in the status as "back up offers only" - this means they have at least one accept...
It is not just in Fullerton, but all over, that listed prices of homes for sale are understated.  This is especially true for the "short sales".  What is happening is that the seller and the listing agents are hoping that by listing at prices way below the market they can induce a bidding war.  Y...


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Comprehensive real estate information for sellers, buyers, and investors. Local experts for Fullerton, Anaheim, Brea, La Habra, La Mirada, Placentia, Yorba Linda, Orange, and other North Orange County areas. Another team blog is at .