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Downey, CA Real Estate News

By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
Downey Luxury Homes for Sale priced $800,000 and above as of 08/09/11 There are currently only 17 Downey luxury homes left for sale.  The Downey estate home prices range from $800,000 to just over $2.7 million with square footage ranging from 2800 sq ft to just under 10,000 sq ft.  Most are in the very desirable area of North Downey.  Here are 7 of the 17 Downey Luxury Homes currently up for sale (if for any reason links are no longer working due to home being sold or in escrow, start your home search at Downey Luxury Homes for homes in the same price range):        Price: $900,000 BEAUTIFUL 5 BEDROOMS, 6 BATHROOMS HOME/FOYER/LIVING ROOM...View Details  View Photo Gallery (20)  Save Property MLS# Y905036; MLS: CARETS; Listing courtsy of California Real Estate Executive Bedrooms: 5 Bathr...
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
 Downey First Time Home Buyer Alert!  42 Downey homes priced under $300,000 as of 8/09/11 Are there any affordable homes in Downey, CA?  YES!  Is now the time to buy?  YES!  There are a lot of renters and first-time home buyers who keep asking themselves these very same questions.  Although Downey, CA is well-known for it's upscale and luxury million dollar homes, as of 08/09/11 there are 42  affordable Downey starter residential homes and 23 condos/townhomes in Downey, CA - all priced under $300,000! Here are 5 of the 42 Downey homes currently for sale priced under $300,000. If results indicate home has been sold or removed off market, start a new search at AffordableDowney.com : Price: $235,000 GREAT HOME IN DOWNEY! SHORT SALE IS APPROVED AT $235K... WHAT A DEAL! View Details  Save Pr...
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
How much does the average home in Downey, CA 90241cost?  I want to buy a home in this area but I have no idea how much a home cost.  I would like to buy a 3-bedroom, 2 bath home with no more than 1700 square feet that has an average size lot but no more than 6000 sq. ft.  I don’t want a fancy house but not too simple and rundown either.  I just want an average home in the Downey, CA 90241 area.   Answer:  I understand why you are asking the question and I will answer it in a bit but before you start looking at homes, you need to know how much of a loan you can qualify for and what your payments will be.  Once you know how much it will cost you monthly to own a home then you can look for homes that fit your price range and have the features you are looking for.     To answer your questio...
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By Anita Rich
(The Rich Group at Compass)
A Tropical Oasis Pool Home! (PRICE REDUCED to $588,000!) Overview Map Photos Features Description Neighborhood Market Stats $588,000 Single Family Home Main Features 4 Bedrooms 2 Bathrooms Interior: 4516 sqft Lot: 1,788 sqft Location 10903 Hasty Ave. Downey, CA 90241 To get updates on open home dates and other property events, please click the "Like" button below: Anita Rich Keller Williams(818) 380-5202Anita@aRichGroup.comhttp://www.aRichGroup.com Listed by: Anita Rich Our recent listings 11432 Aqua Vista St., Studio City 9160413437 Contour Drive, Sherman Oaks, CA 91423 Subscribe to our listing feed See more Studio City, CA real estate for sale
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
Average Sales Price for Downey, CA 90240 (June 2011)   Total number of properties that closed escrow: 21   Closed Sale - 21 Properties Found Bedrooms Baths Square Feet List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM Min 3 1 1094 $210,500 $138.95 $220,500 $137.11 89.00% 83.00% 1 Avg 3.5 2.50 1862 $424,324 $241.32 $413,257 $235.05 97.00% 94.00% 86 Max 5 6 5397 $749,900 $316.16 $740,000 $309.03 112.00% 112.00% 324 This is for informational purposes only and it is not an appraisal or accurate value of any one particular property in Downey, CA 90241(Downy, CA 90241).  Your property could be worth more or less depending on many factors.  This estimated is an Average sales price and was based on data provided by the So Cal MLS.  While it is deem reliable it not guarantee.   If you own a...
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
  Average Sales Price for Downey, CA 90242 (June 2011)   Total number of properties that closed escrow: 19   Closed Sale - 19 Properties Found   Bedrooms Baths Square Feet List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM Min 2 1 720 $199,900 $151.29 $162,000 $132.26 77.00% 71.00% 8 Avg 3.2 2.00 1541 $342,331 $230.49 $325,947 $219.74 95.00% 88.00% 82 Max 5 4 3100 $484,900 $374.86 $465,000 $347.22 108.00% 108.00% 234   This is for informational purposes only and it is not an appraisal or accurate value of any one particular property in Downey, CA 90241(Downy, CA 90241).  Your property could be worth more or less depending on many factors.  This estimated is an Average sales price and was based on data provided by the So Cal MLS.  While it is deem reliable it not guarantee.   If you ...
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
Average Sales Price for Downey, CA 90241 (June 2011)   Total number of properties that closed escrow:17 Closed Sale - 17 Properties Found Bedrooms Baths Square Feet List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM Min 2 1 926 $290,000 $174.72 $280,000 $174.74 93.00% 81.00% 0 Avg 3.2 2.25 1775 $400,117 $240.54 $393,547 $236.14 98.00% 96.00% 57 Max 6 4 3777 $659,900 $376.67 $660,000 $376.67 100.00% 100.00% 147   This is for informational purposes only and it is not an appraisal or accurate value of any one particular property in Downey, CA 90241(Downy, CA 90241). Your property could be worth more or less depending on many factors. This estimated is an Average Sales price and was based on data provided by the So Cal MLS. While it is deem reliable it not guarantee.   If you own a home...
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
Have Downey home prices hit bottom in the 90240 zip code? Here are the numbers for the past 10 years and you be the judge! The average sales price for an average 3 bedroom, 2 bath home in Downey, CA 90240 2011 was: $414,780 a decrease of -0.76% (will 2011 be the rock bottom) no one can say for sure but the free fall of prices seems to have subsided. 2010 was: $417,940 a decrease of -2.80% 2009 was: $429,965 a decrease of -11.26% 2008 was: $484,528 a decrease of -26.55% (looks like 2008 was the bottom but not quite rock bottom) 2007 was: $659,691 a decrease of -4.03% (2007 was the start of the deflating, I imagine like most places in California) 2006 was: $687,366 an increase of 12.61% 2005 was: $610,420 an increase of 21.48% 2004 was: $502,481 an increase of 27.68% (looks 2004 was the h...
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
Average Sales Price for Downey, CA 90241 (May 2011) Total number of properties that closed escrow: 16   Closed Sale - 16 Properties Found   Bdrms Bath Sq. Feet List Price LP /SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM Min 2 1 808 $225,000 $140.86 $245,000 $128.61 90.00% 39.00% 3 Avg 2.9 2.50 1837 $405,481 $238.79 $394,356 $233.60 97.00% 91.00% 91 Max 4 5 4082 $575,000 $383.54 $550,999 $377.48 109.00% 109.00% 301   This is for informational purposes only and it is not an appraisal or accurate value of any one particular property in Downey, CA 90241(Downy, CA 90241). Your property could be worth more or less depending on many factors. This estimated is an Average sales price and was based on data provided by the So Cal MLS. While it is deem reliable it not guarantee.   If you own a home or ...
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By Pasadena Short Sale Agents Pasadena Short Sales
(Munson Realty Southern California Real Estate)
Homes For Sale In Downey California Overview Maps Photos Description Market Stats Contact us for pricing Single Family Home Main Features Location Homes For Sale in Downey CaliforniaDowney, CA 90241USA To get updates on open home dates and other property events, please click the "Like" button below: Stephen Munson Munson Realty Southern California Real Estate(877) 636-0444getinthehouse@gmail.comhttp://www.getinthehouse.com Listed by: Luis Montejano-Munson Realty Southern California Real Estate Our recent listings Homes For Eagle Rock-Upgraded Kitch and BathNewly renovated Condo in prime West Hollywood location!Home For Sale Silver Lake Ca-5-Bedroom,Wood Floors,Granite KitchenHome For Sale Silver Lake Ca-5-Bedroom,Craftsman HomeUrban Digs-Homes In Los Angeles for Sale Mount Washington S...
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By Pasadena Short Sale Agents Pasadena Short Sales
(Munson Realty Southern California Real Estate)
  In this video, Luis Montejano explains the "Downey Dwellings" Free Hot Sheet and how you can get on his list. Downey Dwellings-Homes for Sale in Downey California-I’m Luis Montejano and welcome to my Downey Dwellings Hot Sheets. What are the Downey Dwellings Hot Sheets? Simply put, the moment all new home listings go on the market in Downey, those homes go onto my Free Downey Dwellings Hot Sheet and directly into your email box. And I don’t mean just my listings, I mean all listings from all real estate companies in every price range and ever neighborhood in Downey California. When you receive the property list with the home listing in Downey it will have: Photos Prices Addresses Every bit of information you need about the property   The list is absolutely free, all I ask is if there’...
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By Pasadena Short Sale Agents Pasadena Short Sales
(Munson Realty Southern California Real Estate)
In this video, Luis Montejano explains the "Downey Dwellings" Free Hot Sheet and how you can get on his list. Downey Dwellings-Homes for Sale in Downey California-I’m Luis Montejano and welcome to my Downey Dwellings Hot Sheets. What are the Downey Dwellings Hot Sheets? Simply put, the moment all new home listings go on the market in Downey, those homes go onto my Free Downey Dwellings Hot Sheet and directly into your email box. And I don’t mean just my listings, I mean all listings from all real estate companies in every price range and ever neighborhood in Downey California. When you receive the property list with the home listing in Downey it will have: Photos Prices Addresses Every bit of information you need about the property   The list is absolutely free, all I ask is if there’s...
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Northeast Downey real estate market consists of mostly older mid century built homes of various designs.  Over the last 5 to 6 years newer larger homes have been built ranging up to 15,000 sq ft.  Home prices range from $400,000 for a fixer up to $2,500,000.  The highest recorded sale price in Northeast Downey came on Nov. 2, 2007, when Juan Enrique Rangel paid $2,800,000 for 9622 Haledon Ave. The second-highest sale was on May. 24, 2006, when Steve Torres paid $2,450,000 for 9823 Downey Sanford Bridge Rd.  This is the perfect time to move into Northeast Downey with today's low real estate prices.  This is a high demand area with friendly neighbors, beautiful  homes & great access to freeways.  Call for your Free Hotlist of current foreclosures in Northeast Downey.  Recorded message (88...
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List of Downey foreclosures, bank owned properties, & HUD homes for sale in Downey, CA. Looking to make a great deal buying a home in Downey?  Now is the perfect time to move into Downey, CA.  With prices this low you can't lose in the longterm.  Would you like to live in Downey?  There are 2 really great deals I know about now.  If your thinking about selling Brian Smith will get the highest price for your property.  If your thinking about buying a home in Downey, Brian Smith will find you the best deal out there.  Call now!  888-816-3768.  
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BRIAN SMITH is a partner with Keller Williams Downey-Pico RiveraOffice: 8280 Florence Ave #108, Downey, CA 90240 888-816-3768 Los Angeles real estate agent with 20 years in business & licensed appraiser for over 18 yrs.  As a real estate appraiser, he has a deeper knowledge & understanding of neighborhood trends, home values, & real estate investment analysis than other  top agents.  It's the other brokers & banks that ask him "What's my property worth?"  Appraisers know "value" & in real estate everything comes down to "value".  This added knowledge will give you the edge when you price your home for sale or when you buy your new home. Call Brian Smith to sell your home for the highest price.  888-816-3768.  Do you need to sell your Los Angeles, Beverly Hills, Downey or Long Beach home...
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By Richard Ruggaber, California Real Estate - (818) 422-5035
(Metro Life Homes)
   Spend the day exploring space at the Columbia Memorial Space Center in Downey, California! The Columbia Memorial Space Center is a 20,000 square foot bundle of fun for every one of all ages. The Columbia Memorial Space Center’s main purpose is to bring in the excitement of space science so that every one can have fun while having the hands on learning experience that this amazing place has to offer. This amazing visitor center is full of amazing technology and visual teaching exhibits. At the Columbia Memorial Space Center there are field trips, team-building exercises as well as space parties available to the public! For more information regarding the Columbia Memorial Space Center please visit the link: www.columbiaspacescience.org/ What an exciting and educational way to spend an...
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
 Downey Homes for Sale priced Under $300,000 Are there any affordable homes in Downey, CA?  YES! There are a lot of renters and first-time homebuyers who have asked themselves this question.  Although Downey, CA is well-known for it's million dollar homes, as of 02/17/11 there are over 57 affordable starter single resident homes for sale in Downey, CA and 27 condos/townhomes - all priced under $300,000.  _________ 13631 Klondike Ave,  Downey,  CALIFORNIA 90242 Price: $199,900 **REGULAR SALE** Turn Key Condition. This bright 2 bedroom, 1 bathroom home has been completely remo ... View Details View Photo Gallery (10) Save Property MLS#: P767567 MLS: CARETS Bedrooms: 2 Bathrooms: 1 Square Ft.: 912   13009 Sandy Ln,  Downey,  CALIFORNIA 90242 Price: $199,900 Legal shows 1 bedroom but was pu...
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By Paul Anthony Kelly
(Century 21 All-Stars)
http://TheMortgageSpin.com - Downey Real estate - Reality of living with a overvalued home In this video Patty tells us about the realities of living with a overvalued home. Take action and don't let the banks take advantage of you.
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By Aida Pinto, Real Estate Broker (562) 884-6196
(Independent Real Estate Broker)
The decision to do a short sale or walk away is not any easy one!   I urge you to first look into all your possibilities before you make your decision. First, let me start out by saying that you will not be liable for any income taxes since the passage of the 2007 Mortgage Relief Tax law, but this law will expire in 2012. So any short sales or foreclosures after 2012, you might end up owing taxes on the debt forgiven. Even if this law didn't exist, if you do a short sale over a foreclosure--you still end up winning because your tax liability will be less on a short sale than on a foreclosure (for transactions closing after 2012). A foreclosure is something you DO NOT want on your credit. It will stay on your record for 10 years vs. a short sale will stay on 5-7 years. With a short sale,...
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