YORBA LINDA REAL ESTATE LISTINGS HIT A 19 MONTH HIGH By the end of August 2013, the number of homes for sale in Yorba Linda, California rose to the highest level in more than 19 months, and posted a year over year increase of nearly 28%. Although listings have jumped, they remain relatively low, especially when compared to the peak of the recent real estate implosion. It's also important to note that, while inventory figures have surged, active listings in the entry level price range of $500,000 and below are still severely lacking, leaving many first time buyers priced out of the Yorba Linda real estate market. Pending real estate sales in Yorba Linda were nearly identical in August 2013, compared to the figures documented in July. Compared to August of the previous year, pending home ... 09/23/2013

YORBA LINDA REAL ESTATE LISTINGS AT HIGHEST LEVEL IN 17 MONTHS Although real estate listings reached their highest level since March of last year, the total number of homes for sale in Yorba Linda, California remained quite low in July 2013, especially for a summer month. The month over month increase was 14.4% and there was a nearly 16% increase in the year over year figures. The bulk of this growth was experienced in the standard listing category, while distressed sales continued to dwindle. Real estate prices have edged higher due to the inventory shortage and a steady demand for homes in Yorba Linda.  Due to a lack of available inventory, pending home sales fell more than 12% between June and July 2013, and dropped by nearly 32% when compared to the previous year. We can expect to s... 08/27/2013

5412 LAKEVIEW AVEYORBA LINDA CA 92886 $2,950,000-3,250,000 | 4 BEDROOMS | 4 BATHROOMS | 10 CAR PARKING | 3,600 SQUARE FEET This exquisite ranch style estate in Yorba Linda features four bedrooms and four baths, this home offers the best in entertaining and outdoor living on 2.5 acres of usable land. The incredible South entry gate provides privacy and opens to welcome you to a one of a kind impeccably landscaped front yard including an enchanting orange grove. CONTACT Wendy Rawley Prudential California Realty P: (877) 462-9363 M: (714) 746-6355 FEATURES Exquisite Ranch Style Estate Private Gated 2.5 Acres Usable Land 4 Bedrooms and 4 Baths Upgraded Chef's Kitchen Open Floor Plan Great Views From Multiple Rooms Pool and Spa Tennis Court View All Photos: http://www.5412LakeviewAve.com CO... 08/19/2013

20476 ELM HILL LANE YORBA LINDA CA 92886 $365,000 | 2 BEDROOMS | 2 BATHROOMS | 2 CAR PARKING | 1101 SQUARE FEET Welcome home!! This home is located in a great location! High up in the Fairmont Hill community. No expense was spared in the remodel of this home. Home features 2 bedrooms and 2 bath (Full Bath Upstairs, 1/2 Bath Down) with a 1-car direct access garage. New Kitchen has Corian counter-tops, beautiful laminate wood flooring and there is recessed lighting throughout the home. Laundry room is a separate room off the kitchen, and the dining area looks out to the enclosed patio. The living room has vaulted ceilings, crown molding and 6 inch baseboards with and a nice open floor plan. Condo is very private and has a view. The master bedroom is light, bright and spacious and has a l... 08/15/2013

LESS THAN 1 DOZEN ENTRY LEVEL HOMES FOR SALE IN YORBA LINDA Yorba Linda real estate listings shot up 24.5% between the months of May and June. However, when compared to one year earlier, the number of homes for sale in Yorba Linda, California had only risen by 1.2%, by the end of June 2013. The low inventory level, which has plagued Yorba Linda for more than a year, continues to push housing prices higher due to persisting bidding wars. This would account for the fact that there are less than 1 dozen Yorba Linda homes for sale in the entry level price range of $500,000 and below. The number of pending real estate sales in Yorba Linda remained neutral month over month, but reflected a drop of nearly 34% compared to year ago stats. A decrease in pending sales activity was inevitable, give... 07/26/2013

 YORBA LINDA CA REAL ESTATE LISTINGS HIT AN 8 MONTH HIGH  Although active listings rose to the highest level in 8 months, the number of homes for sale in Yorba Linda, California remained 24.8% lower in May 2013, than one year earlier. As of the end of May, there were less than one dozen properties available in the entry level price range of $500,000 and below. This is due to the upward pressure on prices caused by the overall lack of inventory and all too common bidding wars for desirable Yorba Linda homes.  Pending home sales fell slightly on a month to month basis, and by more than 26%, as compared to May of last year. Unless there is a sharp increase in Yorba Linda real estate listings, we can expect to see further decreases in the number of pending sales, in the coming months.  In M... 06/25/2013

   New Development Of Over $1 Mil at Sorrento and Positano Today is the Grand Opening at two new development in Yorba Linda takes at prestigious Amalfi Hills in Yorba Linda.  The Sorrento and Positano Collections by the new home builder Toll Brothers, Inc. The homes go from 3200 sf to 5051 square feet.  This is further example of the markets recovery in North County.  For the seniors that like single story homes there are 5 floor plans.  So do not hesitate go see what is happening at Sorrento and Positano. 06/09/2013

Wow A New Area Of Over $1 Mil at Sorrento and Positano Today is the Grand Opening at two new home communities in Yorba Linda takes at prestigious Amalfi Hills in Yorba Linda.  The Sorrento and Positano Collections by the new home builder Toll Brothers, Inc. The homes go from 3200 sf to 5051 square feet.  This is further example of the markets recovery in North County.  For we the seniors that like single story homes there are 5 floor plans.  So do not hesitate go see what is happening at Sorrento and Positano. 06/08/2013

YORBA LINDA REAL ESTATE LISTINGS INCREASE IN APRIL 2013 Yorba Linda real estate listings showed a slight month over month increase. However, when compared to one year earlier, the number of homes for sale in Yorba Linda, California had fallen by more than 33%. The extremely low inventory is astonishing, especially at this time of year, when we typically see sellers entering the market en mass. Real estate sales figures jumped between March and April 2013, as well as year over year. In April 2013, the majority of real estate sales in Yorba Linda, California closed at or below the list price. Given the current, positive market conditions, this was the result of overly aggressive pricing by home sellers. ACTIVE REAL ESTATE LISTINGS IN YORBA LINDA CA = 119 Highest and Lowest Real Estate Lis... 05/29/2013

YORBA LINDA LISTINGS JUMP FOR THE FIRST TIME IN 10 MONTHS For the first time in 10 months, Yorba Linda real estate listings actually increased month over month, with a 20.9% jump between the end of February and March 2013. However, on a year over year basis, the number of homes for sale in Yorba Linda, California fell 48.2%, and remain at an incredibly low level, especially at this time of the year. The lack of inventory, particularly in the entry level home category of $500,000 and below, continues to incite bidding wars and has pushed home prices higher each month. Distressed sales are nearly non-existent in Yorba Linda, and it is definitely a seller's market. Active Real Estate Listings in Yorba Linda CA = 104 Highest and Lowest Real Estate Listing in Yorba Linda CA Lowest priced pro... 04/30/2013

  KELLOGG TERRACE S004208 001 19032- 19238 ALAMO LANE YORBA LINDA, CA 92886 ORANGE DELRAP TS - 29 BULDINGS - 2 STORY BUILDINGS - DETACHED CARPORTS Exists Recorded/ Uploaded No 1.07% Approved 09/19/2011 09/19/2013 LA TERRAZA S008701 001 1 LA TERRAZA WAY YORBA LINDA, CA 92887 ORANGE HRAP 6 PHASES = 136 UNITS IN PROJECT**TRACT NO.14097** None Recorded/ Not Uploaded No 5.14% Approved 05/24/2012 05/24/2014 PALISADES AT VISTA DEL VERDE S011954 001 18621 CLUBHOUSE DRIVE YORBA LINDA, CA 92886 ORANGE HRAP PHASE 1; BUILDING 4; UNITS #10-14 = 5 OF PROPOSED 143 UNITS WHEN COMPLETED. Exists Recorded/ Not Uploaded No 20.00% Approved 03/19/2013 03/19/2015 RANCHO DOMINGUEZ TOWNHOMES S005268 001 21114 VIA PORTOLA YORBA LINDA, CA 92887 ORANGE HRAP 206 units None Recorded/ Uploaded No 2.91% Approved 11/14... 04/16/2013

LESS THAN 1 DOZEN ENTRY LEVEL HOMES FOR SALE IN YORBA LINDA CA Real estate listings fell for the ninth consecutive month in Yorba Linda, California. Although the month over month decrease was only 5.5%, the number of homes for sale in Yorba Linda declined by nearly 58% in February 2013, as compared to one year earlier. Distressed sales dropped even further in February 2013, with Yorba Linda short sales falling 33.3% from the month before, and plummeting by over 90% since February of 2012. In addition, entry level properties continued to vanish; As of the end of February 2013, there were less than 1 dozen homes for sale in Yorba Linda listed at or below $500,000. Active Real Estate Listings in Yorba Linda CA = 86 Highest and Lowest Real Estate Listing in Yorba Linda CA Lowest priced prop... 03/22/2013

Yorba Linda homes search as of March 5, 2013: 84 ACTIVE listings and 152 homes in ESCROW ... that is jaw-dropping.  That is a 64% ratio of homes in ESCROW to TOTAL homes on the market.  I tracked these numbers back in 2005/2006.  Guess what the ratio was back then for Yorba Linda?    20%  The ratio today is TRIPLE what it was back in a slow market in 2006. Are homes selling right now?  You better believe it.  Homes are selling fast and often, for more than asking price.  The casual newspaper or online news reader is usually a little behind the times, but when I talk to people at grocery stores, Starbucks, car washes, they all know that the market is good for selling. So why such low inventory?   Why aren't people taking advantage of a time in which there just aren't that many good homes... 03/05/2013

SHORT SALES AND FORECLOSURES VANISH AS PRICES RISE IN YORBA LINDA CA Active real estate listings in Yorba Linda held steady month over month. However, when comparing the number of homes for sale in Yorba Linda at the end of January 2013, to year ago figures, there was a dramatic decrease of nearly 59%. The large drop in available properties continues to put upward pressure on pricing, as multiple offers and bidding wars increase in frequency.  Due to the boost in property value, there are very few Yorba Linda homes for sale in the entry level price bracket of $500,000 and below. There has also been a major shift in the listing categories, as fewer homeowners have had to complete a short sale or allow their home to fall into foreclosure. Many Yorba Linda residents, who were previously up... 02/18/2013

Yorba Linda's 5 Newest Homes on the Market Below are the 5 newest Yorba Linda homes on the Orange County real estate market. There are currently 91 homes/condos for sale in Yorba Linda and 35 of them are million dollar luxury homes. The lowest priced homes in the city are between $285,000 and $400,000 and there are only 6! All other homes are between the $400,000-1,000,000 range. Of the 5 newest homes for sale in Yorba Linda they're all 3 bedrooms+, homes that are great for families. If you're looking for something smaller than I would recommend the condos/townhomes. Most of the condos/town homes are 2-3 bedrooms and there are a total of 12 on the market.   02/11/2013

INVENTORY DOWN AND PRICES UP AS THE YORBA LINDA REAL ESTATE MARKET REBOUNDS The number of homes for sale in Yorba Linda, California fell again month over month by nearly 9%, and on a year to date basis, real estate listings have dropped more than 58%. The inventory of houses and condos for sale is extremely low, and there are now only 1 dozen properties available at or below $500,000 throughout the entire city. This has left entry level buyers with very little to choose from and continues to create bidding wars and sales price increases on desirable homes. Distressed property listings are now nearly non-existent in Yorba Linda, with short sale listings experiencing the largest decline. When compared to January's listing stats, the number of available short sales at the end of December 2... 02/01/2013

Yorba Linda Ca: FREE Admission all day  to the Richard Nixon Library and Museum in Celebration of the 37thth Presidents 100th Birthday. This is a great opportunity to take in some local culture and learn more about the library and history of our Country. We are so lucky as Yorba Linda residents and to have a Presidential Library so close to home. President Nixion's daughter Tricia Nixon Cox will perform the "laying of the White House Wreath". There will be music, an exciting Official Fighter  Jet Flyover and a Formal 21 Gun Salute by the 1st Marine Division. This Event will take place Sunday January 6th at 11:00 AM AT The Richard Nixion Presidential Library and Museum, 18001 Yorba Linda Blvd.  www.nixionfoundation.org   01/03/2013

DEFINITELY A SELLERS MARKET IN YORBA LINDA CA For the 6th consecutive month, the total number of active real estate listings in Yorba Linda fell, with another double digit decrease of nearly 13%. The year to date drop in homes for sale has been dramatic, as listings have plummeted by 54.2% since January. This major change is due to the drastic reduction of available short sales in Yorba Linda, which have fallen by more than 90% in 2012. Entry level homes continue to vanish, and there are now less than 1 dozen homes and condos for sale in Yorba Linda, priced at or below $500,000. It has become increasingly difficult to buy a home in any price range in Yorba Linda, California, as multiple offers and overbids are customary at this point. It is definitely a seller's market in Yorba Linda, d... 12/17/2012

There are various types of property insurance including hazard, wind, flood and earthquake policies. Lenders require one or more insurance policies if you have a mortgage loan, while all the policies are optional if you are paying cash for a property. However, just because it’s optional doesn’t mean you should overlook it. Whatever type of insurance you purchase be sure to read the policy so that you know exactly what is covered and the amount of your deductible in the event you suffer major damage.Hazard insurance is the one type of policy that lenders always require unless you are purchasing a condominium in which the common areas are insured through your condominium association. State law or association bylaws may require that you obtain hazard insurance for the interior of your unit... 12/16/2012

The last months of the year are typically slower but this year (possibly because it's an election year) we've seen a lot of great action in the Orange County real estate market. 3464 Golden Poppy Way in Yorba Linda was one of the many closings we had last month. The 5 bed/3 bath home in the beautiful Vista Del Verde Golf Community was a short sale. The home was listed by Diana Rochelle of Century 21 Discovery. Our own Helen Swanson at Re/Max NOC represented the buyer! The property is over 3,300 sqft and was built in 2002. The official closing was on 11/30/12 and closed at $700,000. Check out more on Orange County Real Estate news by going to our other blog at: http://www.northorangecountyrealestate.com/blog/ 12/07/2012