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Fee Simple Escrow, Inc is an independent escrow company licensed by the Department of Business Oversight. We provide real estate escrow services for agents and For Sale By Owner (FSBO) clients. 

 

Blog

June: News You Can Use

Janelle Pancoska

Happy June!

June marks the beginning of the notorious busy summer season. Use these stats to bend the market in your favor.

As of May 31, 2016:


Los Angeles County

  • Median Sales Price: Up 1.9% from $539,000 to $549,000
  • New Listings: Down 3.9% from 8,709 units to 8,367 units
  • Closed Sales: Up 1.5% from 5,718 units to 5,802 units

Riverside County

  • Median Sales Price: Down 0.9% from $324,000 to $322,000
  • New Listings: Down 5.8% from 4,645 to 4,377
  • Closed Sales: Up 1.6% from 3,040 to 3,090

San Bernardino County

  • Median Sales Price: Up 4.5% from $285,000 to $297,750
  • New Listings: Down 0.6% from 2,897 to 2,879
  • Closed Sales: Down 0.8% from 1,869 to 1,854

 

You can see from this information that the economy is revving up for a profitable summer. Sale prices are up, interest rates are low, and people are buying! 

Escrows Made Simple!

With an incredibly busy summer looming ahead, you'll need a reliable escrow company. Fee Simple Escrow is able handle of all your escrow needs. As an independent, full service escrow company, we have to meet a high set of standards. Not only are we a true neutral third party with exceptional quality, we also have over 40 years of combined escrow experience. Give us a call today to speak with one of our escrow officers, or click here to request an estimate online.

 

Useful Tips:

Do you work with a team of people? With a record breaking summer coming, you'll want to be as efficient as possible. There are apps out there that can help organize a team's schedule and facilitate easier communication. Look into apps that work with both Android and iOS like TimeTree, which is a shared calendar, and GroupMe, an app that allows group conversation.

Did you know?

Ben & Jerry learned how to make ice cream by taking a $5 correspondence course offered by Penn State. They sold the franchise to Unilever in 2000 for $326 million. That's quite the return!

 

Let us know in the comments some of your predictions for summer!