How Local is Local?

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Real Estate Agent with License # 01767321 BRE# 01767321

How Local is Local?

Okay, so after I wrote my blog this morning about real estate being local, there was an interesting post on my Twitter Feed from a mortgage company.  It's to THIS LINK - an interactive tool on CNN Money.  This tool let's you look at the real estate forecast in your city.  Really, my city?  How exciting!

However, when I go to click on "my city", the closest city is actually Los Angeles.  What's wrong with this picture!  Well, for starters, Los Angeles metro is about a one and a half hour drive from east Los Angeles County, where I live.  Seriously, you want me to call this local?  

neighborhood

There is no possible way that Los Angeles real estate is the same or even close to La Verne real estate or anywhere along the 210 corridor where I live and serve. For instance, I serve Pasadena through Fontana.  I just sold an older home in Pasadena with three bedrooms and two bathrooms for nearly $550,000.  A home of this size and age in Fontana would be around $250,000.  A huge difference!  And in Fontana, there is quite a bit of newer construction where you can purchase a home for around $350,000 that has four or more bedrooms and more than 2000 square feet.  So when you compare the neighborhoods in Fontana, even those vary greatly.

So when I tell you that you need a local expert, one who knows the neighborhoods and prices at the very least, I tell you this for your own protection.  You need someone who knows the market to get you the very best deal you can possibly get.  It also helps if that person knows the schools and the community so you can come into it with a good idea of the area.

I try to stay on top of the communities I serve and be a local expert for all of them.  So if you are interested in buying or selling a home, or if you simply have real estate questions, please feel free to contact me.  I will be more than happy to assist you!

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Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,

Linda K. Mayer, Realtor, SRES

License # 01767321

A Realtor you can Trust!

(626) 824-8927 Cell

LindaKMayer@live.com 

 

 

 

 

 

 

 

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210 corridor real estate
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Rainmaker
820,950
Lyn Sims
RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago - Schaumburg, IL
Schaumburg Homes

Obviously they mean 'un-local'.  I hate it when they lump an entire county all together which really doesn't produce any results of merit for the readers.  In my area the same would be lumping all the Western suburbs in with Chicago - which they do all the time!  It's apples & oranges.

May 14, 2012 03:39 PM #1
Rainmaker
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David Grbich
Ventana Coastal Properties - www.FindCARealEstate.com - San Juan Capistrano, CA
Orange County Real Estate - 949-500-0484

I guess that is local if you are from another state!! Socal is lots of small communities and local expertise is key.

May 14, 2012 03:51 PM #2
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Linda K. Mayer
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST

Lyn, Yes, you should check out the tool... you can choose what state and what "city".  And we all know how well that's gonna work!

David, I wouldn't think it would matter if you were in CA or not.  Like Lyn says, it is the same way in her market as well!

May 14, 2012 03:53 PM #3
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
And if you are going to be local make sure you know what is happening in your area. To many agents rely on old information instead of getting out and seeing what's really happening.
May 14, 2012 04:10 PM #4
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Linda K. Mayer
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST

Cindy, you are absolutely right!  WE need to be up on community events, schools stuff, and basically be a concierge for all things to people from out of the area.

May 14, 2012 05:07 PM #5
Rainmaker
1,287,060
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

I think that is why it is important to have a local expert, super local Linda.

 

May 15, 2012 12:19 AM #6
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Linda K. Mayer

Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST
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