We updated our home page to include foreclosure searches provided by foreclosureradar.com. We placed the search dead center on the home page to make it easy for those interested in locating foreclosures.
I have used foreclosureradar.com for a couple years now and have come to rely on their information in identifying area trends and in finding homes to plan on purchasing.
Enjoy the tool and browse around our website for useful information and tools.
Empire Realty is your real estate source for useful and money saving information.
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing or listing your next home in Upland, Rancho Cucamonga, Alta Loma, La Verne, Mira Loma, Riverside, Corona, Chino, Chino hills, Ontario, Claremont or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
I purchased an invetment property on April 11th and I still can't get the loan out of underwriting. I have had to jump through so many hoops, full corp credit credit reports K-1's 2 times, direct calls to credit reporters to get a account initiation date and now the appraiser stated there were no utilities, in checking with the broker I found that they were on, I put them in my name just in case.
What is going on, it is amazing the level of detail being required to get a simple 20% down $94k investment property loan out the door.
I really worry about our industry when the lenders can't get their S*&^ together.
Great Cerritos Home - 4 Bed 2 Bath - NOT A SHORT OR REO
Location: Great
This is a home that is a great example of an owner that spared no expense in high value upgrades and exemplifies pride of ownership.
Besides being in a convenient location near shopping, quality schools (ABC school district), entertainment, medical and transportation, this home features tile flooring, upgraded counter tops and a nice open floor plan.
This home has many green upgrades that save the environment and saves you money, solar supplemented electricity, newer double pane windows, solar tubes, ceiling fans, whole house fan, covered patio, patio misters and a newer upgraded air conditioning and heating system.
There are many extras that make your life easier, Nixon Elementary within line of sight, pull out drawers in the kitchen cabinets, closet organizers, built in cabinets in the garage and a wide driveway.
This is one of those rare homes that is completely upgraded and quality throughout.
This is not a short sale, pre-foreclosure or REO sale so you can avoid the hassle of making ten offers to get one home, or waiting 3 months to find out the bank is unrealistic.
If you can only see one home, this home is a must see! Not available for viewing until Sunday May 31st.
Contact Robert Huntsinger with Empire Realty for a showing 909-579-6611 Let Empire Realty represent you in the purchase of this home and receive an additional $2,500 to be applied to the purchase or transactions costs of the Buyer.
OK, we have a trend. It looks like the second wave of foreclosures is starting to come through the door, gotta love those Alt-A failure rates. Both San Bernardino and Riverside counties logged the highest notice of defaults (NOD's) in March. The trend line is really picking up, if this continues for the next couple months the market will be flooded with new inventory.
The numbers of cancelations have increased about three fold from their lows but they are still very low, this is a sign that loan mods and work outs work for a very low number of those losing their homes.
Enjoy!
Empire Realty
Riverside County
NOD's - Notice of Default
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2006
1,245
1,468
1,591
1,649
2007
1,895
2,080
2,187
2,117
2,320
2,716
2,968
3,609
3,138
3,503
2,493
4,489
33,515
2008
5,384
4,449
5,384
5,221
5,385
5,111
4,935
5,340
2,025
2,040
2,670
4,937
52,881
2009
4,583
5,848
6,838
17,269
2008 % Change M to M
19.9%
-17.4%
21.0%
-3.0%
3.1%
-5.1%
-3.4%
8.2%
-62.1%
0.7%
30.9%
84.9%
2008 % Change Y to Y
184.1%
113.9%
146.2%
146.6%
132.1%
88.2%
66.3%
48.0%
-35.5%
-41.8%
7.1%
10.0%
2009 % Change M to M
-7.2%
27.6%
16.9%
2009 % Change Y to Y
-14.9%
31.4%
27.0%
NOS's - Notice of Sale
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2006
461
539
699
742
2007
881
1,040
1,242
1,080
1,580
1,423
1,693
1,708
1,866
2,515
2,240
2,894
20,162
2008
2,871
1,791
3,629
4,150
4,447
4,619
4,835
4,721
2,329
3,111
3,484
3,431
43,418
2009
3,132
2,575
3,909
9,616
2008 % Change M to M
-0.8%
-37.6%
102.6%
14.4%
7.2%
3.9%
4.7%
-2.4%
-50.7%
33.6%
12.0%
-1.5%
2008 % Change Y to Y
225.9%
72.2%
192.2%
284.3%
181.5%
224.6%
185.6%
176.4%
24.8%
23.7%
55.5%
18.6%
2009 % Change M to M
-8.7%
-17.8%
51.8%
2009 % Change Y to Y
9.1%
43.8%
7.7%
Data Source: foreclosureradar.com - Analysis Empire Realty
Cancelation of Auction
Empire Realty is your real estate source for useful and money saving information.
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing or listing your next home in Upland, Rancho Cucamonga, Alta Loma, La Verne, Mira Loma, Riverside, Corona, Chino, Chino hills, Ontario, Claremont or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
OK, we have a trend. It looks like the second wave of foreclosures is starting to come through the door, gotta love those Alt-A failure rates. Both San Bernardino and Riverside counties logged the highest notice of defaults (NOD's) in March. The trend line is really picking up, if this continues for the next couple months the market will be flooded with new inventory.
The numbers of cancelations have increased about three fold from their lows but they are still very low, this is a sign that loan mods and work outs work for a very low number of those losing their homes.
Enjoy!
Empire Realty
San Bernardino County
NOD's - Notice of Default
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2006
1,003
1,165
1,261
1,369
2007
1,489
1,305
1,623
1,586
1,786
2,038
2,272
2,693
2,176
2,435
1,266
3210
23,879
2008
4,033
3,496
4,035
4,150
4,106
4,281
4,094
4,213
1,515
1,752
2,276
4016
41,967
2009
4,025
4,604
5,275
2008 % Change M to M
25.6%
-13.3%
15.4%
2.9%
-1.1%
4.3%
-4.4%
2.9%
-64.0%
15.6%
29.9%
76.4%
2008 % Change Y to Y
170.9%
167.9%
148.6%
161.7%
129.9%
110.1%
80.2%
56.4%
-30.4%
-28.0%
79.8%
25.1%
2009 % Change M to M
0.2%
14.4%
14.6%
2009 % Change Y to Y
-0.2%
31.7%
30.7%
NOS's - Notice of Sale
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2006
305
417
458
501
2007
638
760
883
785
1,103
1,034
1,253
1,295
1,405
1,894
1,169
2,153
14,372
2008
1,981
1,352
2,615
2,982
3,359
3,451
3,650
3,570
1,936
2,427
2,901
2,455
32,679
2008
2,428
2,152
3,487
2008 % Change M to M
-8.0%
-31.8%
93.4%
14.0%
12.6%
2.7%
5.8%
-2.2%
-45.8%
25.4%
19.5%
-15.4%
2008 % Change Y to Y
210.5%
77.9%
196.1%
279.9%
204.5%
233.8%
191.3%
175.7%
37.8%
28.1%
148.2%
14.0%
2009 % Change M to M
-1.1%
-11.4%
62.0%
2009 % Change Y to Y
22.6%
59.2%
33.3%
Data Source: foreclosureradar.com - Analysis Empire Realty
Cancelation of Auction
Empire Realty is your real estate source for useful and money saving information.
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing or listing your next home in Upland, Rancho Cucamonga, Alta Loma, La Verne, Mira Loma, Riverside, Corona, Chino, Chino hills, Ontario, Claremont or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
We are seeking investors to help fund our business model of acquiring 200-1,000 homes in the Inland Empire of California. Within the next 18-30 months our investment window in Southern California will close, without a solid funding source we will not meet our goals.
We need funding that will allow us to purchase residential real estate that meets our strict return qualifications. We are presently purchasing one to two homes a month with our own capital and expect to be fully invested by the end of the year with 15-20 homes in our inventory. Our goal is to increase our volume to 5-10 homes a month by 2010.
Summary:
- REO and Distressed single family homes in the Inland Empire of California.
- With over 19 years experience in real estate and in the Inland Empire market we are poised to take full advantage of the cyclical Southern California real estate market.
- We are currently purchasing homes that realize cap rates in the teens with cash on cash rates of return in the high teens to 25%.
- We have the resources in place to take a property from trashed to quality rental in record time.
I know I know, Madoff here we come, these are real returns backed with real property, everything we all want without the Ponzi.
No matter what the market, people will continue to desire to live in Hesperia, as it remains one of the most affordable cities within San Bernardino County.
In of August 2008, 22 single family homes and a total of 0 condos/townhomes sold, down 15 from last month. My overall view of the market is still slipping, Click Here to view a comprehensive article about the conditions of the Inland Empire market.
Closed Sales For August 2008, Up 2 from last month
47 Single Family Homes
0 Condos/Townhomes
Pending Sales For August 2008, Up 18 from last month
138 Single Family Homes
1 Condos/Townhomes
Current Actives as of Today's Post, Up 113 from last month, a sign of building inventory
702 Single Family Homes
3 Condos/Townhomes
Foreclosure Activity for August 2008
92344 - 32 Notice of Defaults (NOD), Down 59 from last month
92344 - 47 Notice of Foreclosure Sale (NOS), Down 45 from last month
92345 - 81 Notice of Defaults (NOD), Down 142 from last month
92345 - 118 Notice of Foreclosure Sale (NOS), Down 101 from last month
With the lower NOD and NOS numbers this month don't go and get yourself all excited that foreclosures are subsiding. I believe that the drop in numbers is associated with the effects of SB 1137 which took effect this last month, for the full article on SB 1137 click here.
Price Per Square Foot Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of October 12, 2008 for Hesperia is $106, down $9 from last month.
Hesperia - 92344
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Hesperia
Feb 08
14
$251
-31.2%
$115
Hesperia
Mar 08
30
$238
-38.0%
$97
-15.7%
($18)
($13)
Hesperia
Apr 08
31
$224
-40.4%
$97
0.0%
$0
($14)
Hesperia
May 08
36
$219
-46.7%
$95
-2.1%
($2)
($5)
Hesperia
Jun 08
25
$233
-34.4%
$93
-2.1%
($2)
$14
Hesperia
Jul 08
41
$208
-43.9%
$95
2.2%
$2
($25)
Hesperia
Aug 08
54
$210
-42.9%
$85
-10.5%
($10)
$2
Feb-Aug % Change
-26%
Feb-Aug $ Change
$30
Hesperia - 92345
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Hesperia
Feb 08
39
$215
-31.7%
$122
Hesperia
Mar 08
56
$184
-39.2%
$114
-6.6%
($8)
($31)
Hesperia
Apr 08
57
$190
-37.6%
$113
-0.9%
($1)
$6
Hesperia
May 08
86
$180
-37.0%
$110
-2.7%
($3)
($10)
Hesperia
Jun 08
86
$169
-43.8%
$105
-4.5%
($5)
($11)
Hesperia
Jul 08
84
$170
-34.9%
$105
0.0%
$0
$1
Hesperia
Aug 08
99
$164
-42.5%
$99
-5.7%
($6)
($6)
Feb-Aug % Change
-19%
Feb-Aug $ Change
$23
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Hesperia or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
No matter what the market, people will continue to desire to live in Alta Loma, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Alta Loma housing market continues to post brisk sales.
In of August 2008, 7 single family homes and a total of 1 condos/townhomes sold, up 1 from last month. My overall view of the market is still going to slip this winter, Click Here to view a comprehensive article about the conditions of the Inland Empire market.
Closed Sales For August 2008: Up 5 from last month
17 Single Family Homes
2 Condos/Townhomes
Pending Sales For August 2008: Up 3 from last month
24 Single Family Homes
2 Condos/Townhomes
Current Actives As of Today's Post: Down 2 from last month
91 Single Family Homes
14 Condos/Townhomes
Foreclosure Activity for August 2008
91701 - 17 Notice of Defaults (NOD) Down 44 from last month
91701 - 19 Notice of Foreclosure Sale (NOS) Down 16 from last month
91737 - 12 Notice of Defaults (NOD) Down 20 from last month
91737 - 12 Notice of Foreclosure Sale (NOS) Down 10 from last month
With the lower NOD and NOS numbers this month don't go and get yourself all excited that foreclosures are subsiding. I believe that the drop in numbers is associated with the effects of SB 1137 which took effect this last month, for the full article on SB 1137 click here.
Alta Loma - 91701
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Alta Loma
Feb 08
17
$400
-23.1%
$223
Alta Loma
Mar 08
16
$426
-9.9%
$216
-3.1%
($7)
$26
Alta Loma
Apr 08
25
$370
-28.2%
$210
-2.8%
($6)
($56)
Alta Loma
May 08
26
$375
-30.7%
$229
9.0%
$19
$5
Alta Loma
Jun 08
29
$403
-23.6%
$200
-12.7%
($29)
$28
Alta Loma
Jul 08
33
$390
-16.6%
$202
1.0%
$2
($13)
Alta Loma
Aug 08
35
$385
-20.2%
$195
-3.5%
($7)
($5)
Feb-Aug % Change
-13%
Feb-Aug $ Change
$28
Alta loma - 91737
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Alta Loma
Feb 08
6
$550
0.5%
$226
Alta Loma
Mar 08
15
$547
-19.3%
$202
-10.6%
($24)
($3)
Alta Loma
Apr 08
14
$388
-39.0%
$208
3.0%
$6
($159)
Alta Loma
May 08
16
$490
-26.0%
$225
8.2%
$17
$102
Alta Loma
Jun 08
29
$455
-17.1%
$214
-4.9%
($11)
($35)
Alta Loma
Jul 08
21
$537
-4.1%
$224
4.7%
$10
$82
Alta Loma
Aug 08
30
$416
-38.2%
$224
0.0%
$0
($121)
Feb-Aug % Change
-1%
Feb-Aug $ Change
$2
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Alta Loma or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
No matter what the market, people will continue to desire to live in Claremont, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Claremont housing market is starting to show signs of a slowing market.
In of August 2008, 6 single family homes and 1 condos/townhomes sold, down 2 from last month. My overall view of the market is still slipping, Click Here to view an article that explains the housing market in the Inland Empire.
Closed Sales For August 2008: Up 5 from last month
27 Single Family Homes
1 Condos/Townhomes
Pending Sales For August 2008: Up 7 from last month
28 Single Family Homes
3 Condos/Townhomes
Current Actives As of Today's Post: Up 13 from from last month
109 Single Family Homes
19 Condos/Townhomes
Foreclosure Activity for August 2008 - 91711
2 Notice of Defaults (NOD) Down 7 from last month
8 Notice of Foreclosure Sale (NOS) Up 2 from last month
With the lower NOD and NOS numbers this month don't go and get yourself all excited that foreclosures are subsiding. I believe that the drop in numbers is associated with the effects of SB 1137 which took effect this last month, for the full article on SB 1137 click here.
Price Per Square Foot Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of October 12, 2008 for Claremont is $287, down $14 from last month.
Single Family Residences
SFR Only
Los Angeles County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Feb 08
20
$495
-16.2%
$291
Mar 08
21
$455
-24.2%
$295
1.4%
$4
($40)
Apr 08
19
$550
2.8%
$300
1.7%
$5
$95
May 08
20
$485
-13.4%
$258
-14.0%
($42)
($65)
Jun 08
22
$560
-11.4%
$293
13.6%
$35
$75
Jul 08
23
$550
-8.9%
$283
-3.4%
($10)
($10)
Aug 08
34
$508
-17.4%
$284
0.4%
$1
($42)
Feb-Aug % Change
-2%
Feb-Aug $ Change
$7
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Claremont or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County.
In of August 2008, 28 single family homes and a total of 3 condos/townhomes entered escrow, down 7 from last month. My overall view of the market is still slow but it is stabilizing, Click Here to view an article about the market conditions of the Inland Empire.
Closed Sales for August 2008: Down 10 from Last Month
37 Single Family Homes
8 Condos/Townhomes
Pending Sales for August 2008: Down 4 from last month
81 Single Family Homes
11 Condos/Townhomes
Current Actives as of Today's Post: Up 24 from last month, here comes the building inventory.
313 Single Family Homes
41 Condos/Townhomes
Foreclosure Activity for August 2008
91784 - 13 Notice of Defaults (NOD) Down 8 from last month
91784 - 14 Notice of Foreclosure Sale (NOS) Down 5 from last month
91786 - 13 Notice of Defaults (NOD) Down 27 from last month
91786 - 20 Notice of Foreclosure Sale (NOS) Down 16 from last month
With the lower NOD and NOS numbers this month don't go and get yourself all excited that foreclosures are subsiding. I believe that the drop in numbers is associated with the effects of SB 1137 which took effect this last month, for the full article on SB 1137 click here.
Price Per Square Foot Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of October 12, 2008 for Upland is 232, down $6 from last month.
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Feb 08
16
$538
-16.7%
$212
Mar 08
13
$527
-21.9%
$230
8.5%
$18
($11)
Apr 08
13
$560
-16.6%
$245
6.5%
$15
$33
May 08
20
$495
-24.8%
$236
-3.7%
($9)
($65)
Jun 08
20
$503
-26.6%
$243
3.0%
$7
$8
Jul 08
34
$501
-20.6%
$213
-12.3%
($30)
($2)
Aug 08
24
$530
-13.1%
$211
-0.9%
($2)
$29
Feb-Aug % Change
0%
Feb-Aug $ Change
$1
Single Family Residences
SFR Only
San Bernardino County
# SFR
Price (1,000)
% chg from Previous Year
$/Sq Ft
Media Price Prior to Present Month % change SFR
Prior to Present Month Change $ Per Sq Ft
Prior to Present Month Median $ Change ($1,000)
Feb 08
10
$330
-25.8%
$256
Mar 08
13
$388
-18.4%
$247
-3.5%
($9)
$58
Apr 08
17
$358
-28.1%
$231
-6.5%
($16)
($30)
May 08
14
$338
-25.0%
$201
-13.0%
($30)
($20)
Jun 08
25
$305
-35.6%
$225
11.9%
$24
($33)
Jul 08
20
$380
-14.7%
$211
-6.2%
($14)
$75
Aug 08
18
$325
-33.0%
$204
-3.3%
($7)
($55)
Feb-Aug % Change
-20%
Feb-Aug $ Change
$52
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Upland or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
Empire Realty's informative BLOG which gives your market information for the Inland Empire of California. Look to us for all your Real Estate needs, the only place for Full Service at a Discount.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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