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Anaheim Hills REALTOR® Tony Dove discusses timely topics related to the current real estate climate.
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Not Your Average REALTOR®...
Who is Tony Dove?
Tony is an Anaheim Hills REALTOR®, an experienced corporate executive, and a local resident. He believes that uncompromising quality translates into extraordinary service, and this is made evident in his interaction with his clients.
Read about Tony Dove here.
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"We just celebrated Thanksgiving Day. The thought came to me how thankful I am that our paths crossed. If I ever have another house to cell I will certainly call on you again. Thank you, Tony Dove."
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Anaheim Hills Real Estate Snapshot for April 2012
 Updated
April 9, 2012 - Within the past 90 days, 82 non-distressed homes have
successfully sold in Anaheim Hills. Of those homes, 27 were condos and 55 were
single-family detached. As of this update, there are 88 non-distressed, Anaheim
Hills, homes for sale. Of those homes, 19 are condos and 69 are single-family
detached. The average list price of a condo is $302,084 and the average list
price of a single-family home is $1,013,464. The average sale price of a condo
is $311,169 and the average sale price of a single-family home is $600,698.
There are 17 distressed single family homes for sale, representing 25% of the
active inventory of single family homes for sale. There are 10 distressed condos
for sale, representing 53% of the active inventory of condos for sale (Source:
SoCal MLS)
If you are thinking about buying or selling a home in Anaheim Hills and/or the local surrounding areas, it is more important than ever to enlist the help of an experienced and proven REALTOR® if you want to navigate this market with a successful outcome.
In the near term, homeowners whose goals include a need to relocate, and discretionary sellers (homeowners with equity who wish to sell their home by choice) must position their homes appropriately, in price, availability, and appeal, if they hope to compete with the distressed inventory on the market and avoid following the downward trend in home prices.
Buyers, particularly those shopping for homes priced below $500,000, should be prepared to encounter a high level of competition in the marketplace. Multiple offers are the new norm. Many of these homes are being priced below market to incite bidding wars. Making an offer lower than the asking price for homes in this price range is a thing of the - albeit recent - past, especially for distressed homes, and for all homes in a great location. In fact, a buyer must be prepared to offer more than the asking price on many homes in this range to have their offer instantly stand out and be noticed among the many offers that will most likely be submitted.
Buyers should also remain aware that, while our vacillating interest rates remain relatively low, inflation pressures will inevitably force the Federal Reserve to raise the prime interest rate. 30 year fixed mortgage interest rates are not dramatically affected by the prime rate, however ARM loans may be. As well, most other consumer debt is directly affected by the prime rate. A raise in the prime rate will trigger a raise in the rate of credit cards and other consumer debt, causing higher payments. Higher payments will affect a person's debt-to-income ratio, and a change in this ratio will have a direct effect on what a lending institution will loan for a home. Add this scenario to an even modest increase in mortgage interest rates, and one could be priced out of the home loan market.
Further details of this Anaheim Hills Real Estate Snapshot are available at Anaheim Hills Market Watch's "Anaheim Hills at a Glance" and the "Orange County Housing Report."
Welcome to Tony Dove Online
Welcome to our newly-updated Anaheim Hills real estate website. Please check back often, as my team and I are constantly working to improve it.
This website is a spam-free resource for Internet-savvy individuals who are searching for real estate in Anaheim Hills and the surrounding areas, as well as community resources and information.
We know that you are in the information gathering stage. It is not our intention to push you or make you feel pressured in any way. We are available to you as a resource and a guide, to help you make an educated decision in regards to your Anaheim Hills area real estate transaction.
We realize the value of anonymity and will not ask for your personal details unless we need them to provide you with any information that you may request. At no time will we contact you (unless, of course, you request us to do so). We also promise that we will never knowingly provide your information to third parties for the purpose of solicitation.
Buying Real Estate in the Anaheim Hills Area
The purchase of real estate is likely to be one of the most important investments of your life. The Anaheim Hills area communities in which I work are some of the nation's most highly sought-after places to live.
The climate is beautiful from January to December. Focus here is directed on quality of life and high educational standards.
If you're interested in buying real estate in Anaheim Hills or the surrounding areas, I welcome you to use the following resources:
- Search For Homes in and around Anaheim Hills: Search the Southern California Multiple Listing Service (SoCal MLS) from the privacy and comfort of your home or office. Select the search criteria you desire and peruse the available Anaheim Hills and Orange County homes for sale.
- Buy Real Estate in Anaheim Hills: Resources, articles and advice on buying a home, financing, taking care of your home once you've bought it, and more.
- Foreclosed Real Estate in Anaheim Hills - Search foreclosed, bank-owned properties in Anaheim Hills and all of Orange County.
- The Communities of the Anaheim Hills Area: Real estate quick searches, general community information, important phone numbers and resources for each community - Anaheim Hills, Santiago Hills, Yorba Linda, Villa Park, Orange Park Acres and North Tustin (includes Cowan Heights and Lemon Heights).
Selling Real Estate in the Anaheim Hills Area
Today, more than ever, you will find it necessary to be represented by an Anaheim Hills-area real estate professional who can guide you through the process of preparing your home for sale and who can effectively market your home and negotiate the best deal for you.
- Sell Real Estate in Anaheim Hills: Resources, articles and advice on selling your home, taxes, investment, home improvement and more.
- What's the Appropriate Price? Find out how much you can expect to sell your home for in today's market, and how much you can expect to net after commissions and closing costs... without setting an "appointment!"
Using the Internet for Your Real Estate Needs
Tony Dove Online is a different breed of real estate website.
Designed to accommodate internet-savvy individuals, this Anaheim Hills real estate site is presented from the standpoint of someone who uses the Internet every day - from finding out the weather forecast to shopping for groceries. Thanks to the Internet, I haven't been to a store for gift-shopping in at least seven years.
My team and I strive to provide the best tools possible for all of your real estate needs. We do not, however, have control over third-party websites and, as you know, sometimes even the best Internet tools can lead to unwanted e-mail contacts.
In an effort to provide you with the most useful, non-invasive resource possible, I would like to encourage you to always use the Private Request Page to request information from this site. The forms linked on this page will ensure that you receive the information you request and nothing more.
Additional Anaheim Hills area resources are available at Anaheim Hills Market Watch. Find the latest economic indicators, news, statistics, real estate coverage and research tools to manage your business and financial needs.
Tony Dove Online is Your SPAM-Free Resource for Real Estate in Anaheim Hills and Surrounding Communities!
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