Brea, CA Real Estate News

By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
Credit scores are not just for buyers when they get a loan, they are actively being used to disqualify tenants by the landlords.  It seems like every day now we are running credit reports for landlord to help them screen through the applicants to rent their homes/condos.  Many of the candidates "fail muster" in a big way.  Credit reports with low Fico scores, or with bankruptcy, or with collection accounts are now just plain too common.  Many good people are missing out on a perfectly good rental home, primarily due to their poor credit report.  Attention Folks -- your credit report is primary, and used by more and more firms and people every day.  Today's instant access can and is underscoring the frequency and importanceof the credit history of all of us.  We all need to watch our rep...
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By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
I can not believe this!!!!  We just sent in an offer on a REO to a local Fullerton real estate agent at 12:30 PMtoday  --  and guess what???  - yes you guessed it, they accepted the offer in 3 hours.  Three hours flat - must be a record of some kind.  But why not, isn't that what they are wanting?  Offers and a chance to sell the bad asset they own?  It may be a fluke or maybe a sign that the industry is changing (I hope).  I still can not believe it, sounds too good to be true -- but I have my fingers crossed and am processing the bank paperwork now -- another miracle. Here is to hoping that this happens to all of you and that it happens on a regular basis.
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By Cindy Tittle
(Preferred Home Brokers)
  About the Brea, California Area    Brea is a beautiful city in the foothills of the northern tip of Orange County, California. Brea is in the Los Angeles metro area, yet it enjoys the natural beauty of several regional and neighborhood parks. Brea is popular for its regional shopping district with a variety of restaurants and entertainment opportunities. Brea public schools consistently score above the 90th percentile in state and national achievement tests. The city of Brea is proud of its Art in Public Places program, which now includes over 140 sculptures, all in public view throughout the City of 39,584 residents. This is a thriving city with excellent employment, recreation and education opportunities. In 2005 Sunset Magazine recognized Brea as the nation's best city to live in. ...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea, California ~ A day trip around town in Brea can be like a visit to your favorite gallery. The city's art program known as "Art in Public Places"  began in 1975 and has continued throughout the years up until today. As development took place in our city each developer contributed to the citizens of Brea  and those who visit, art work, in large part sculptures around town that we all enjoy daily. One of my favorites I pass daily, just a few blocks from home, it's the popular "Jumping Deer" at the corner Berry and Northwood. The neighborhood location of "Jumping Deer" is at the base of the hills and (I'm told) the sculpture is reminiscent of an occasional nearby deer, although in truth I've never seen a live one here. At holiday time you could see a red nose on the one on the far lef...
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By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
I am hoping that someone out there has some insight on what is going on with Yahoo.  I suspect that they have had a change in their search formula in the last 45 days or so.  Many agents that were first page ranked (with me) have now dropped to page 5-6-or 7.  If it was just me I would suspect a penalty or filter of some kind.  But with other agents sites being reduced just as mine was reduced, I suspect something big in the formula ( guess they call it an algorithm ).  If anyone has some knowledge then we all would love to hear about what is up ( sure isn't our rankings ).  JUST VERY FRUSTRATING - especially when we are working in the dark - no feedback from the Yahoo team.  Thanks to anyone with facts or even an opinion.
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By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
I have just got to let everyone know that we have really had good luck lately on purchases of REO (bank owned) properties.  Of course we were rejected on several of them, but we stayed in the game.  Ultimately we got a second chance to buy the home and actually closed the deal.  The key has to be to "stay in the game" -- that is, we emailed or phoned the listing agent expressing our keen interest in the home, that our buyers were very serious and very capable, and that we wanted to be in back up position just in case escrow did not close for the original candidate that they selected.  You guessed it - it fell out and we got the next shot.  It is very easy to "stay in the game" - just make the phone call or send that email - it just may work for you too.  PS - Be sure to inform your buye...
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By Lacey Sollie
(Prudential California Realty)
October 2008 Newsletter THE BAILOUT HAS PASSED, NOW WHAT?... "Experts say the bailout plan has a fair chance of stabilizing the market."  This is a headline from an Associated Press article from September 21st.   Since that article, the bailout was rejected twice before finally passing, and yes, it does have a good chance of stabilizing the economy. Obviously there are many factors at play in the bailout that are interacting with various parts of our  somewhat sagging economy.  What we are concerned with is how it will affect the housing market.  First of all, it will circulate money back into banks for lending.  However, the availability of the "free money" that characterized the first six years of this decade is over.  Expect money standards to continue to tighten, but at least there ...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea CA Real Estate Report 2008 ~ Home Sale Report for September 2008 (edit/delete) Brea, CA Residential Real Estate Sales Report  ~ Home Sales for September 2008 ~ Single Family Home Sales Up Again! September brought about the highest number of closings for single family homes for the year, and condo/town homes pending sales were the highest in months continuing the pattern.    Single family sales activity for September,  prices range from $340,000 to $2,300,000  although 90%  of the homes in the city are priced under $1,000,000. 87 re-sale homes currently for sale, this represents a 20% decrease in the monthly average for 2008.   36 pending sales, currently in escrow, the highest in 10 months. Compared to 30/27/27/24/17/23/12/6 in prior months. This represents an 31% increase over the...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
It's time for the "Taste of Brea" at the Brea Business and Community Expo in down town Brea on Birch Street. Downtown Birch Street is the place to be on Wednesday, October 8th 4:00 p.m. to 8:30 p.m. Presented by the Brea Chamber of Commerce this event proves to be a great time for all.  The "Taste of Brea" at the expo offers participants an opportunity to sample some of our local eateries. Attendance and parking is FREE ~ "Tastes" are available with the purchase of a wristband.  The City of Brea will also be on display with special departments participating like public safety, economic development and others. This is always a great event. The photo bottom right  is me with the beautiful Miss Brea at the 2007 event. In case you were wondering she's the one on the right with the crown. (L...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Saturday, September 27th  in Brea, CA ~ La Dolce Vita It's the Brea Gallery 2nd annual fundraiser. It's a time for the sumptuous dessert bar tasting the Sweet Life, and also take home a piece of art for your very own.   It's Brea's 2ndAnnual Art Gallery  Fundraiser Brea's Art Gallery is located in the Brea Civic and Cultural Center at the corner of Birch and Randolph Street. This event will be held from 7:00 p.m. to 11:00 p.m. Tickets are $25.00 Great  Desserts No Host Bar Silent Auction Raffle   Need more information? Email the gallery at BreaGallery@Cityof Brea.net or call (714) 990-7731. Brea is always a happening place. Check out Brea's Wellness Festival 2008 also happening on September 27, it's a FREE event. It's also the last week-end for Brea's Downtown Jazz Event on Birch Street...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea's Downtown is a happening place!  It's a fun place for shopping, eateries, entertainment, or the movies. Maybe just a day or evening of curbside of people watching. Brea's downtown located at Brea Blvd. (north of Imperial and east at Birch Street. It also includes many of the places along Brea Blvd. on both sides of Birch St. This is home to the well known Improv.    Downtown Brea at Birch Street(originally called the Birch Street Promenade) is a home to a variety of shopping, movie theaters, some of my favorite eateries and entertainment. From the burger/taco places, to dipping into your favorite fondue  you can find plenty to eat a a wide range of prices. The colorful Birch Street Lofts are built over ground level shops and restaurants.Nearby Ash Street Cottages are nearby single...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
It's that time again! Time to get fit in Brea, time for the Wellness Festival 2008~ This event is a showcase of medical screenings, cutting-edge fitness trends for all ages and integrative medicine, plus much more!  Free massage and healty samples will be available for attendees. Over 75 businessess and services will be participating in this annual event. Saturday ~ September 27th 10:00  am ~ 2:00 pm Admission is FREE Entertainment will be provided. For more information visit BreaFitness.com or call (714) 990-7100 Location ~ Brea's Community Center 695 E. Madison Way, Brea, CA 92821 (Community Center is located behind Brea's Post Office and across the street from Brea's Civic & Cultural Center. Another FREE on going event in Brea, check out Brea's Downtown Jazz Festival, now through Sep...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea Bank Repos and Brea Foreclosure Sales ~ Brea, Orange County CA Brea, CA like other cities in So Cal, and is not immune to the housing dole-drums experienced in the Southland.  Brea's  current inventory of existing listings is similar to many other surrounding communities when it comes to distressed sales. Understanding  Brea's bank repossessions, distressed sales market in a snap shot: 114  total properties for sale ~ of which only 5 are identified as Bank Repos, about 4 1/2 % of the total inventory. However, when you factor in current short-sale properties that number increases to about 32% of the current inventory. That's right another 37 homes (condos and single family homes) are identified as short-sales or, are currently in the process of foreclosure identified in the Multiple...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Nice guys can and do finish first!  I just got home and turned on the tube and my computer to see Terry Fater perform on America's Got Talent with his cast of characters. Since last seaon's big winner Terry has moved to to bigger and better things, soon to be headlining in La Vegas. It reminded me that a couple of weeks ago while driving back to my office from my post office office I passed a marquis at the IMPROV that said "Terry Fator" and I thought???? Why do I know that name? Then I remembered he's the guy from America's Got Talent. He was appearing that night. So I called a few friends and the next thing you know we were in the audience a few hours later. This was one of the nicest evenings I've experienced in a very long time.  So I just thought I'd share these photos of an evenin...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea, CA ~ Northern Orange County CA. It's  that time again, it may seem we're inland and not that close to the beach, yet so many things that happen daily in Brea and beyond can, and does have an impact on our beautiful California coastline. So it's time for all of us to pitch-in, mark your calenders for the Inner Coastal Clean Up Day, 8:00 a.m. to noon, Saturday, September 20th.  The is the time for those of us as citizens to help make a difference in the South-land and in the bigger picture for our oceans world-wide. This photo is one I took not long ago, it's at the end of the Santa Ana River trail where it enters the blue Pacific in Huntington Beach, CA. I've biked the river trail many times while appreciating nature. It's important we all work to preserve this for future generatio...
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By Carla Wix, Homes in Fullerton CA | Homes in Brea CA - 714-875-4423
(wixhomes.com)
Fullerton Real Estate | Fullerton Homes | Brea Real Estate | Brea Homes Fullerton Jazz Festival Brea Jazz Festival Concert Series 2008 September 5 - 27 Fridays and Saturdays Info The annual event is already underway! Seating is limited. First come, first served. This venue is just an example of the many community events right at your door for residents of homes in Fullerton CA and homes in Brea CA XXlarge Lot Size Pool Home Quick Links                     Virtual Tour   Request More Info Email Listing More Photos(14) Details   Address: 717 Arbolado Type: Residential Style: 2 Story Bedrooms: 4 Bathrooms: 2 Suite: No Living Area: 2,425 square feet Year Built: 1963 More Details   Description   Spectacular Hermosa Neighborhood home. This Pool home features 4 bdrm, 2 bath, 3 car agarage, wi...
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By Aaron Kelly, Realtor - North Orange County
(RE/MAX of North Orange County)
Come visit my open house this Sunday September 6 from 12-4. 468 Redtail Dr., Brea, CA 92823. Bank Owned Foreclosure 3 bedroom house in Brea for just $459,900! 3 bedroom, 2 bath, 1077 SF, 4500 lot. Built in 2002! This charming family home is located on a corner lot. 2 car garage attached, tile roof, fireplace and cathedral ceiling in the living room, nice curb appeal, newer neighborhood, close to schools, parks, and shopping centers. This is a great opportunity to own a bank owned foreclosure in Brea, Orange County. Another great listing from REMAX of North Orange County! Contact Aaron Kelly for more info: 714-280-2080 or www.homerealtymanual.com photo:
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea, CA Residential Real Estate Sales Report  ~ Home Sales for August 2008 ~ Single Family Home Sales Up.  August  brought about the highest number of closings for single family homes in eleven months, and condo/town homes pending sales were the highest in months continuing the pattern.    Brea is a City is well known for excellence in education. The schools have been a strong attraction for residents in our community. Like to shop? We've got it here, the Brea Mall is the second highest grossing mall in Orange County. It's often said Brea enjoys some of the bigger city benefits, yet maintains a small town atmosphere. Many of us who live here feel it's the best of both worlds.  Single family sales activity for August 2008, prices range from $280,000 to $2,300,000  athough 90%  of the ho...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
It's that time of year again, it's the SixththAnnual Brea Jazz Festival  2008 ~ It's the 2008 FREE Concert Series courtesy of the Downtown Business Owner's Association beginning Friday September 5th through Saturday September 27.  Hours are 7:00 pm to 10:30 pm each night. The concerts take place Friday and Saturday nights in downtown Brea on Birch Street just West of Brea Blvd. You will want to arrive early for seats, they're limited. FREE parking is nearby in the multi-level parking garages in down town. Or, reserved tickets are also available here online. This year there is an added event, an Arts and Crafts event on Saturdays beginning at 4:00 pm to 10:30 pm. See the event line up and more here. And for libation, those over the age of 21 can stroll on over to the  beer and wine garde...
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By Lynda Eisenmann, Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co
(Preferred Home Brokers)
Brea's downtown area on Birch Street is well known for eateries, fine dining and great eats. The Carvao Grill a South American steakhouse is one of my personal favorites.  My last trip was for lunch a few weeks ago on what I call "earthquake day", July 29. Immediately after the shaker my power was out at the office and at home, so what else was there to do but have lunch? Then I received a cell call from fellow Rainer Marlene Bridges making sure things were good in Brea, it felt like we were sitting on top the epicenter although it was next door in beautiful Chino Hills. We met  in downtown since they still were up and running with power. We had an outstanding lunch at the Carvao Gill on Birch Street.  There's indoor and outdoor dinning to choose from. The proprietor Piaggio (aka Coli) ...
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