Monthly Archives: June 2015

La Habra Firework Show Information – Time & Address

La Habra, Ca FireworksGates open 5 p.m. Food available for purchase, music on the main stage, local bands on the second stage, and KidZone with free inflatables, games and activities.

Fireworks begin 9:15 p.m.

Purchase pre-sale wristbands at the La Habra Community Center, 101 W. La Habra Blvd., 8 a.m.-5 p.m. Monday-Friday until July 3. $5 adults, $3 for ages 3-12.

Day of event, prices are $7 and $4. If sitting on grass, must bring own lawn chairs and/or blankets.

Celebration at La Habra High School stadium,

Address:

801 W. Highlander Ave.
La Habra, Ca

 

Other Local Cities:

Hacienda Heights:

Fourth of July parade begins at 9 a.m. on Stimson Avenue, starting at Colima Road and ending at Steinmetz Park, 1545 S. Stimson Ave., includes bands, floats, equestrian units and other groups.

La Mirada: Annual Independence Celebration will be held from 4-9:30 p.m. Friday, July 3 at La Mirada Regional Park, 13701 Adelfa Drive. Live music, food vendors. Bring chairs and/or blankets. Free. Overflow parking at La Mirada High School stadium lot, Biola University (entrance off of La Mirada Boulevard), and Civic Center Plaza. Shuttle service from Biola University parking lot from 4-10 p.m. 562-943-7277 or www.cityoflamirada.org

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Kevin Allen
First Team Estates
CHRISTIES Luxury Real Estate
714.696.8508
KevinAllen@FirstTeam.com
BRE#01953939

La Habra Heights Council approves budget with deficit for first time in seven years

La Habra Heights, Ca City Council Meeting

LA HABRA HEIGHTS >> For the first time in seven years, the city’s $3.2 million budget will be in the red — even if you don’t count the nearly $700,000 still to be spent on the City Hall renovation project.

However, City Council members, who on Thursday voted 5-0 to approved the fiscal 2014-15 budget, which projects a deficit of $32,864, said they’re not concerned.

“We passed essentially a balanced budget,” Mayor Brian Bergman said. “We’re really close. Why pick it apart? It’s a small concern, and that’s why we’re going to monitor things really close.” Read more

HOW DO YOU PICK THE BEST OFFER IN A BIDDING WAR?

Real Estate Bidding WarLast month I talked about bidding wars and strategies for homebuyers on how to stand out in the crowd. With low inventory in La Habra / SoCal, more and more home sales and attracting bidding wars. But what if you’re the one having to choose from all those competing offers – How do you make the decision?

Most people think highest price, right? Well, not necessarily. There are several different factors to consider when trying to pick the best available offer. Don’t just an offer by the price on the cover, it’s what’s on the inside that counts. There is no magic formula but here are the most important points to look out for:

CONTINGENCIES

A good closing date, little to no contingencies and a mortgage approval are all contingencies that pan out in your favor. By waiving contingencies, buyers have less wiggle room and the deal is more likely to go off without a hitch.

And if one or more of the bidders asks for a contingency to keep the deal on hold until his or her property sells, that’s an easy buyer to eliminate from consideration. You don’t want to be caught waiting for the domino to fall, because it might not. Read more

New-Home Sales Are on Track for a 7-Year High—but It’s Still Not Enough to Meet Demand

new-home-sales-census-hud-june-2015Sales of new single-family houses rose last month to an annualized rate of 546,000, theCensus Bureau and the Department of Housing and Urban Development reported on Tuesday, an increase of 2% over April and the highest rate since February 2008.

Despite the fast pace of sales, the press release reported only 206,000 new houses for sale (seasonally adjusted) at the end of May—a supply of just 4.5 months. Six months is considered a healthy supply. Meanwhile, the median sale price of new houses was $282,800 in May, and the average sale price was $337,000. Those numbers were $285,600 and $323,500 respectively last May. Back then, there was a 5.1-month supply.

That’s pretty good news for buyers. “New home prices are influenced heavily by what builders build and offer,” says our chief economist, Jonathan Smoke. “The lower price is evidence that they are starting to build more affordable homes in their mix.”

Kevin Allen
First Team Estates
CHRISTIES Luxury Real Estate
714.696.8508
KevinAllen@FirstTeam.com
BRE#01953939

4 EASY WAYS FSBOS CAN GO SOUR

4 EASY WAYS FSBOS CAN GO SOURWhen you first consider listing your home, For Sale By Owner – commonly known as FSBO – can seem like a great idea. You can save money and it’s easy enough to figure out with the wealth of knowledge available at your fingertips, right?

While we strongly believe you can do anything you put your mind to (go you), are you ready for the headaches that come along with all the responsibilities of selling your own home? There’s a lot that goes into selling a house – that’s why it’s a full time job for real estate agents.

A real estate agent spends a lot of time avoiding problems before they happen and solving them when they do. Here are just a few easy missteps and sour spots you could hit if you try it alone.

NEVER ENDING NEGOTIATIONS

Negotiating with a prospective buyer can take weeks or even months to get all the kinks of price, add-ons, fixes, inspections and everything worked out. Plus, when you’re in charge of your own home sale it’s not just the prospective buyer you’ll be negotiating with. You’ll also be negotiating with:

  • The buyer’s agent (who will be coming to bat for their clients’ interests)
  • Home inspection companies
  • Home appraiser if there is a question of value
  • Possibly the bank in case of a short sale

How many rounds are you ready to go? If you’re not on point and ready to negotiate with each and every party during the process, then you could be loosing money, time and a bit of your sanity. Read more

La Habra’s Michael Lascari top golfer of the year

La Habra's Michael Lascari

La Habra’s Michael Lascari stands on the first hole tee box at Westridge Golf Club in La Habra on Monday June 22, 2015. Lascari was selected as the Whittier Daily News Golfer of the Year.

Player of the Year: Michael Lascari, La Habra, senior

Michael Lascari turned hihort game into a senior-leading attack.

The La Habra High School senior is very adept around the greens. It carried him to the CIF Southern Section individual tournament and helped the Highlanders to their best team finish in school history. For his efforts, Lascari is the Player of the Year.

Lascari won two tournaments and had one of the lowest scores in the CIF-SS Central Division team finals, shooting a 4-under-par 68 to tie for fourth place at Skylinks Golf Course in Long Beach. The Highlanders finished a school-best ninth place.

“My season? It was pretty good. I had a lot of low scores.”

La Habra coach Cody Venegas said it is Lascari’s short game that made his No. 1 player tough.

Hacienda Golf Course - La Habra Heights, Ca“He does not hit the farthest, but he is a magician around the greens,” Venegas said.

Lascari said it is the part of the game he works on the most.

“If I need to get up and down for a par, I can do it,” he said. “I have a lot trust in my chipping and I really practice a lot on my short game. It’s the most important part of your game when you’re grinding to save par. If you cannot get up and down, it puts you in a bad spot.”

Lascari won the league title as a junior, but finished third in the league’s individual tournament this season.

One of his biggest victories this season was the Whittier Christian Tournament at Candlewood Country Club in Whittier.

His only hiccup was in the CIF-SS Central Division individual regional tournament at Victoria Golf Club in Riverside. Lascari shot an 8-over-par 80 and missed the cut to advance to the CIF-SS all-divisional finals by five strokes.

“It was the wrong time to have one of those days,” he recalled.

He will play at Santiago Canyon College next season.

Coach of the Year: Cody Verdugo, La Habra

La Habra High School may be one of the perennial top schools in the Freeway League in sports such as football and softball. But the league is top-heavy in golf with CIF-SS powers Sunny Hills and Troy; Sunny Hills advanced to the CIF-SS all-division team finals at Mission Lakes Country Club.

The Highlanders, however, are making inroads against the two league powers. They finished third in league play and advanced to the CIF-SS team playoffs for the second consecutive season, a first for the school. The Highlanders had a school-best ninth place finish at the Southern Division team finals at Skylinks Golf Course in Long Beach. For that, Cody Venegas has been selected Coach of the Year.

The Highlanders had three seniors, led by Mike Lascari and Ben Livesay. Three underclass players who started in the CIF-SS Southern finals return next season.

First team

Karsten Briley, Whittier Christian, junior

Josh Gardea, Whittier, senior

Kyle Henderson, Pioneer, senior

Ben Livesay, La Habra, senior

Derek Marquez, Santa Fe, senior

Leland Wilcox, La Mirada, sophomore

Second team

Jonathan Bernal, Santa Fe, senior

Evan Eastman, La Serna, sophomore

Joe Egan, La Habra, senior

Aaron Chang, La Habra, freshman

Bryan Rafter, Whittier Christian, junior

Matt Rafter, Whittier Christian, junior

US HOME SALES JUMP IN MAY, AVERAGE PRICES CLOSE TO 2006 PEAK


WASHINGTON (AP) — More Americans bought homes in May, a sign of economic strength that is pushing up average prices.

The National Association of Realtors said Monday that sales of existing homes climbed 5.1 percent last month to a seasonally adjusted annual rate of 5.35 million. May was the third consecutive month of the sales rate exceeding 5 million homes, putting home-buying on pace for its best year since 2007.

Solid hiring since 2014 and relatively low mortgage rates have stirred up demand and helped generate more first-time buyers, though rising sales have fueled spiking prices because relatively few properties are listed for sale.

“We can credit that to the stronger job market, a more confident consumer” and some additional listings in an otherwise tight market, said Jennifer Lee, a senior economist at BMO Capital Markets. Read more

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