Weekly Real Estate Update: July 3th, 2017

SOLD LAST WEEK!!!

Address Area Bed Bath Sq Ft Lt Sz CDOM Price Per Sq Ft Sell/Price
26471 Bear Valley Rd Bear Valley Springs 4 3 (1 1 1) 2398 1.02 445 162.22 389,000
23920 Basin Harbor Ct Bear Valley Springs 3 3 (3 0 0) 1865 15132 272 145.84 272,000
29910 Jamaica Dunes Dr Bear Valley Springs 3 2 (2 0 0) 1480 0.3 194 158.78 235,000
1409 Ponderosa Dr Tehachapi City 4 3 (2 0 1) 3559 0.16 130 103.68 369,000
25580 Deertrail Dr Bear Valley Springs 3 2 (2 0 0) 2331 1.35 148 96.65 225,280
24500 Yucca Ct Oak Knolls 3 2 (2 0 0) 2085 2.4 93 152.28 317,500
33 Village Ln Bear Valley Springs 3 2 (2 0 0) 1392 0.028 35 82.61 115,000
21931 LeMans Dr Alpine Forest 3 2 (2 0 0) 1474 22651 37 113.98 168,000
106 W E St Tehachapi City 3 2 (1 1 0) 1711 0.17 38 125.66 215,000
28601 Delaware Dr Stallion Springs 2 2 (1 0 1) 1039 0.53 52 142.44 148,000
1306 Tara Ct Tehachapi City 4 2 (2 0 0) 1850 0.17 143 156.76 290,000
23900 Coral Springs Ln Bear Valley Springs 3 2 (2 0 0) 1233 0.36 2 166.26 205,000
24890 Haven Ln Cummings Valley 3 3 (1 1 1) 3841 20 13 136.68 525,000
20120 Pine Ridge Dr Oak Knolls 3 2 (1 1 0) 1848 2.58 11 165.04 305,000
1202 Clasico Dr Tehachapi City 4 2 (2 0 0) 1877 0.2 44 159.82 299,990
904 Acacia Ct Tehachapi City 3 1 (1 0 0) 1071 0.14 0 154.06 165,000

Questions to Ask When Considering Selling with Associated Real Estate

Have you built substantial equity in your current home?

Check your annual mortgage statement or call your lender to find out how much you’ve paid down. Usually you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest. But if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Has your income or financial situation changed?

If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving. If your income has decreased, you may want to consider downsizing.

Have you outgrown your neighborhood?

The neighborhood you pick for your first home might not be the same one in which you want to settle down for good. You may have realized that you’d like to be closer to your job or live in a better school district.

Are there reasons why you can’t remodel or add on?

Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.

Are you comfortable moving in the current housing market?

If your market is hot, your home may sell quickly and for top dollar, but the home you buy will also be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home. Ask your real estate professional what they see happening locally.

Are interest rates attractive?

Low rates help you buy “more” home, and also make it easier to find a buyer for your current place.

Is the effort and cost of maintaining your current home becoming difficult to manage?

A Realtor can help you decide whether a smaller house, condo, or rental would be appropriate

Weekly Real Estate Update: June 19th, 2017

Sold Last Week!!!

Address Area Bed Bath Sq Ft Lt Sz CDOM Price Per Sq Ft Sell/Price
19701 Kid Pl Golden Hills East 3 2 (2 0 0) 1232 0.6 181 92.05 113,400
30251 Piebald Ct Stallion Springs 3 3 (2 0 1) 2419 1.32 148 177.55 429,500
1013 Cypress Way Tehachapi City 3 2 (2 0 0) 1492 0.19 67 157.51 235,000
28050 Stallion Springs Dr Stallion Springs 3 2 (2 0 0) 2028 0.31 87 153.35 311,000
817 Bamboo Ct Tehachapi City 3 2 (1 1 0) 1193 0.14 54 145.85 174,000
18220 Hambletonian Dr Stallion Springs 4 3 (3 0 0) 2686 1.04 46 163.81 440,000
24140 Deertrail Dr Bear Valley Springs 3 3 (2 0 1) 1892 1.13 98 169.13 320,000
29501 Starland Dr Bear Valley Springs 3 2 (2 0 0) 1344 40423 28 167.41 225,000
20401 Clubview Ct Golden Hills East 3 3 (2 0 1) 1959 24393 12 151.35 296,500
21020 White Pine Dr Golden Hills West 3 2 (2 0 0) 1937 22651 9 149.77 290,100
27760 Hialeah Dr Stallion Springs 3 2 (2 0 0) 1327 0.3 12 164.28 218,000
686 Las Colinas St Tehachapi City 3 2 (2 0 0) 1203 0.14 4 174.56 210,000
1105 Alder Ave Tehachapi City 4 2 (2 0 0) 2256 0.19 4 137.85 310,990
1113 Alder Ave Tehachapi City 4 2 (2 0 0) 2050 0.22 7 148.78 304,990

Weekly Real Estate Updates – June 12th, 2017

Sold Last Week!!

Address Area Bed Bath Sq Ft Lt Sz CDOM Price Per Sq Ft Sell/Price
22760 Cummings Valley Rd Cummings Valley 3 3 (1 1 1) 2838 19.63 188 206.13 585,000
29421 Butterfield Way Bear Valley Springs 3 2 (1 1 0) 1046 1.1 225 175.91 184,000
22441 Bogie St Golden Hills East 3 2 (2 0 0) 1922 0.23 184 137.88 265,000
21521 Shirley Dr Golden Hills East 3 2 (2 0 0) 1578 0.53 80 136.25 215,000
22117 Copper St Golden Hills East 3 2 (2 0 0) 1070 0.39 46 167.29 179,000
27620 Oakflat Dr Golden Hills West 3 2 (2 0 0) 1332 1.14 66 155.41 207,000
21616 Quail Springs Rd Golden Hills West 3 2 (2 0 0) 1732 0.5 56 175.81 304,500
22700 Fran Dr Golden Hills East 3 2 (1 1 0) 2241 0.49 34 156.18 350,000
407 Sherwood Pl Tehachapi City 4 3 (2 0 1) 1641 0.1 33 127.97 210,000
22109 Gold St Golden Hills East 4 2 (2 0 0) 1939 0.4 32 140.54 272,500
21430 Westwood Blvd Golden Hills East 3 2 (2 0 0) 1842 0.54 19 143.87 265,000
27901 Rustler Ave Stallion Springs 3 2 (2 0 0) 2028 0.28 150 141.03 286,000
28110 Braeburn Pl Stallion Springs 4 2 (2 0 0) 1725 0.35 7 144.35 249,000
20535 OAK St Bear Valley Springs 2 2 (2 0 0) 1376 2.36 4 211.48 291,000
28881 Shannon Ct Stallion Springs 2 2 (2 0 0) 1148 2 108.89 125,000
24581 Willow Pass Dr Bear Valley Springs 3 2 (2 0 0) 3571 1.06 18 112.01 400,000
19612 Meadows Rd Golden Hills East 3 3 (2 0 1) 1660 3 174.64 289,900
17660 Busher Way Stallion Springs 3 2 (1 1 0) 1355 0.38 3 188.19 255,000
600 S Dennison Rd #11 Tehachapi City 3 2 (2 0 0) 1920 17 44.79 86,000
29540 San Joaquin Dr stallion Springs 3 2 (2 0 0) 2187 0.8 3 176.04 385,000

Weekly Real Estate Update – June 5th, 2017

Sold last week!!

Address Area Bed Bath Sq Ft Lt Sz CDOM Price Per Sq Ft Sell/ Price
29540 Starland Bear Valley 3 3 (2 1 0) 2685 2.21 321 124.77 335,000
24321 San Juan Dr Bear Valley 2 3 (2 1 0) 1496 0.99 287 152.57 228,250
19191 Mustang Dr Stallion Springs 3 3 (2 1 0) 2075 5.47 238 159.04 330,000
27000 Stirrup Way Bear Valley 3 2 (2 0 0) 2004 5 207 76.95 154,200
120 E I St Tehachapi City 3 1 (1 0 0) 1033 0.17 119 79.86 82,500
27350 Barkes Way Bear Valley 4 3 (2 1 0) 2129 5.14 89 124.47 265,000
19709 Piedra Dr Golden Hills East 4 2 (2 0 0) 2000 15245 71 145 290,000
14556 E Tehachapi Blvd #8 Tehachapi City 3 2 (1 1 0) 1344 1 380 24.55 33,000
205 W A St Tehachapi City 3 2 (2 0 0) 1557 0.18 40 118.82 185,000
22700 Fran Dr Golden Hills 3 2 (1 1 0) 2241 0.49 34 156.18 350,000
24251 Golfari Ct Bear Valley 3 2 (2 0 0) 1338 0.43 388 156.95 210,000
21424 Sunnybrook Dr Golden Hills West 3 2 (1 1 0) 1986 0.47 4 158.11 314,000
20312 Birch Ct Golden Hills East 3 2 (2 0 0) 1326 1.18 20 188.54 250,000
19832 Cross Way Golden Hills East 3 2 (1 1 0) 1993 23958 0 132.97 265,000

Weekly Real Estate Update – June 1st, 2017

Address Area Bed Bath Sq Ft Lt Sz CDOM Price Per Sf Sell/Price$
18130 Rawhide Ct Stallion Springs 3 2 1992 13939 77 145.08 289,000
19628 Adalante Ct County Oaks 4 2 1920 1.25 44 132.29 254,000
19832 Cross Way Golden Hills 3 2 1993 23958 0 132.97 265,000
20100 Bald Mountain Dr Golden Hills 3 2 1575 0.34 260 164.44 259,000
20253 Old Town Rd County 3 2 (2 0 0) 1961 2 212 196.33 385,000
21424 Sunnybrook Dr Golden Hills 3 2 1986 0.47 4 158.11 314,000
22131 Buena Vista St Golden Hills 3 1 1344 0.65 5 192.09 258,165
23001 San Juan Dr Bear Valley 5 4 4676 29.1 129 171.09 800,000
24251 Golfari Ct Bear Valley 3 2 1338 0.43 388 156.95 210,000
26701 Oakflat Dr Bear Valley 2 3 2382 1.44 21 101.81 242,500
28300 Cumberland Rd Bear Valley 3 2 2570 2.97 13 108.95 280,000
29540 Starland Bear Valley 3 3 2685 2.21 321 124.77 335,000
505 Carroll Way Tehachapi City 3 1 1052 0.15 28 161.6 170,000

Weekly Real Estate Update — April 9th , 2017

This is the House Market Information for Tehachapi, California. See what sold in your neighborhood last week.

Address Area BED BATH Sq Ft Lot Sz CDOM Price Per Sq Ft List/Sell $
6 Village Ln Bear Valley Springs 2 2 (1 1 0) 1240 0.01 135/135 72.58 $90,000
21276 White Pine Dr #28 Golden Hills West 3 2 (2 0 0) 1164 0.22 58/58 124.57 $145,000
510 S Mill St Tehachapi City 3 2 (2 0 0) 1250 0.15 2-Feb 143.2 $179,000
28041 Seabiscuit Way Stallion Springs 3 2 (1 1 0) 1226 0.38 27/27 159.05 $195,000
21310 Santa Maria Dr Golden Hills East 3 2 (2 0 0) 1595 0.24 171/171 148.28 $236,500
1024 Canyon Dr W Tehachapi City 3 2 (2 0 0) 1517 0.19 2-Feb 166.78 $253,000
914 Cathy Ln Tehachapi City 3 2 (2 0 0) 1985 0.19 51/51 147.61 $293,000
20537 Old Town Rd County 3 2 (2 0 0) 1530 1.24 8-Aug 192.81 $295,000
19806 Star Ct Golden Hills East 5 3 (2 1 0) 2441 1.11 229/229 127 $310,000
17400 Fabius Stallion Springs 5 5 (4 1 0) 3049 0.58 52/52 104.95 $320,000
20201 Mesa Dr Golden Hills East 3 2 (1 1 0) 2118 0.5011 188/188 152.74 $323,500
22927 Rim Way Golden Hills East 4 3 (2 0 1) 2220 0.54 42797 155.41 $345,000
23707 Clover Springs Rd Oak Knolls 4 2 (1 1 0) 2128 3.49 134/134 189.85 $404,000
20150 Oak Knolls Dr Oak Knolls 4 3 (2 0 1) 2193 2.58 18/18 189.24 $415,000

Based on information from the Tehachapi Area Association of REALTORS® (alternatively, from the Tehachapi MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Search Tehachapi Homes for Sale the easy way.

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to see real time data from the MLS for FREE!

How to Buy in a Tight Market

How To Buy in a Tight Market

Increase your chances of getting your dream house in a competitive housing market.

Get prequalified for a mortgage.

You’ll be able to make a firm commitment to buy and your offer will be more desirable to the seller.

Stay in close contact with your real estate agent.

Your agent will be on the lookout for the newest listings that meet your criteria. Be ready to see a house as soon as it goes on the market — if it’s a great home, it will go fast.

Hire an experienced agent.

When you hire an experienced real estate agents they can give you the tools to help you find the property you are looking for. Tools such as the 2 Click Home Search offered on Associated Real Estates website can help you stay one step ahead of other buyers looking on real estate websites.

Be ready to make a decision.

Spend plenty of time in advance deciding what you can afford and must have in a home so you won’t hesitate when you have the chance to make an offer.

Bid competitively.

Your first inclination may be to start out offering something less than the absolute highest price you can afford, but if you go too low in a tight market, you will likely lose out.

Keep contingencies to a minimum.

Restrictions such as needing to sell your home before you move can make your offer unappealing. Remember that, if the market is tight, you’ll probably be able to sell your house rapidly. You can also talk to your lender about getting a bridge loan to cover both mortgages for a short period.

But don’t get caught in a buying frenzy.

Just because there’s competition for a home doesn’t mean you should buy it. And even though you want to make your offer attractive, don’t neglect inspections that help ensure the house is a sound investment.

Weekly Real Estate Update — April 2nd, 2017

This is the House Market Information for Tehachapi, California. See what sold in your neighborhood last week.

Address Area Beds Baths SqFt Acres DOM $ Sq Ft Sell $
600 S Dennison Rd #117 Tehachapi City 3 2 1118 47 60.28 $67,388
711 Brentwood Dr Tehachapi City 3 2 1163 0.15 88 154.69 $179,900
815 S Mill St Tehachapi City 3 2 1116 0.15 10 169.35 $189,000
17980 Swaps Ct Stallion Springs 3 2 1554 0.3 77 149.94 $233,000
29390 Fawn Way Bear Valley Springs 3 2 1645 0.37 20 142.86 $235,000
23580 Stacy Ct Bear Valley Springs 2 2 1577 1.21 14 171.21 $270,000
112 Manzanita Ln Tehachapi City 4 3 2543 0.18 62 114.04 $290,000
22408 Valley Vista Dr Golden Hills West 3 2 1988 0.81 156 160.97 $320,000

Based on information from the Tehachapi Area Association of REALTORS® (alternatively, from the Tehachapi MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Search Tehachapi Homes for Sale the easy way.

Check out our

2 CLICK HOME SEARCH

to see real time data from the MLS for FREE!

Navigate Your Home Loan Like a Pro!

Navigate Your Home Loan Like a Pro!

Financing a home is one of the primary concerns for most home buyers in Tehachapi.  Your agent at Associated Real Estate is here to help you navigate the maze of loan types and mortgage terms.  Here are some of the basic loan terms to help you get started.  And remember, with any home purchase your first step should be to contact a reputable realtor and schedule a FREE consultation.  If you are planning to purchase a home call us now at 661-822-3500.

  • Mortgage  A loan specific to purchasing property, where the bank liens you the title with the agreement you will pay the entirety of the balance owed on your beautiful Tehachapi property!
  • Conventional Mortgage – Any mortgage loan that is not insured or guaranteed by the federal government. This applies to all privately owned property, and is the most common type of mortgage.
  • Term  Refers to the length of the loan. Home loans (mortgages) are often in terms of 15, 20, or 30 years. Generally, as term lengths increase your payment will decrease; however, a shorter term loan means you will pay less interest over the life of the loan.
  • Annual Percentage Rate (APR)  A yearly interest rate(calculated by the average interest rate over the term of the loan) that includes upfront fees and costs associated with the loan. Use this to accurately compare the costs of different loans as fees will vary depending upon the lender, and every buyers situation is different. Make sure to make your loan work for you!
  • Fixed Rate  A fixed rate mortgage allows you to lock in an interest rate that will last for the entire term of the loan. These are, generally, a good choice if current interest rates are low.
  • Adjustable Rate  Adjustable Rate Mortgages (ARM) usually begin with a lower interest rate than a fixed rate, but will increase as market rates increase. A good choice if fixed interest rates are high, but make sure you are willing to have a payment that will increase over time!
  • Caps – A limit to how much and how frequently an interest rate can change on an adjustable-rate mortgage. These payment caps can be periodic or extend for the life of the loan. Thank goodness for structure!
  • Note – No, not like the ones we used to pass in class! This note is a legally binding written promise to repay the mortgage plus interest, which includes the name of the borrower, issuing lender, and the terms and provisions.
  • Down Payment – An upfront payment made by the home buyer(you!) toward the sale price of the property, typically ranging from 5-20%. The remainder of the sales prices makes up the mortgage loan amount, excluding interest. Typically, the bigger the down payment is the smaller the monthly payment will be, and we all like small payments!
  • Amortization  The paying down of principal(the loan excluding interest)  over time. Generally, the principal is scheduled to be paid off, or fully amortized, over the term of the loan.
  • PITI  This is a fun one. An abbreviation for the major expenses that make up a mortgage payment: Principal (the amount borrowed), Interest, (Property) taxes, and (homeowners’) Insurance.
  • Escrow  The holding of funds or documents by a neutral third party prior to closing your home sale. You can practically taste home ownership at this point! 
  • Closing Costs – An amount of money that must be paid to close your loan, including lender fees and third-party charges, along with taxes and transfer fees. Almost there!
  • Closing – The final step in the loan process when loan documents are signed at an escrow or title company. Congratulations on your new home!!

Search Tehachapi Homes for Sale the easy way.

Check out our

2 CLICK HOME SEARCH

to see real time data from the MLS for FREE!