Ontario Market Report as of April 2008

No matter what the market, people will continue to desire to live in Ontario, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Ontario housing market continues to post brisk sales. 

In of April 2008, 108 single family homes and a total of 30 condos/townhomes sold, up greatly from last month.  My overall view of the market is that it might be stabilizing a little. Even though pending sales appear to be increasing greatly the number of closed sales remains relatively the same. The pending to closure rates are decreasing as fewer and fewer people qualify for loans.

Closed Sales For April 2008: Down 1 from last month

42 Single Family Homes

9 Condos/Townhomes

Pending Sales For April 2008: Up quite a bit from last month

147 Single Family Homes

44 Condos/Townhomes

Current Actives As of Today's Post: Down slightly from last month

671 Single Family Homes

202 Condos/Townhomes

Foreclosure Activity for April 2008

91710 - 67 Notice of Defaults (NOD) Down 34 from last month

91710 - 37 Notice of Foreclosure Sale (NOS) Down 10 from last month

91761 - 77 Notice of Defaults (NOD) Down 6 from last month

91761 - 47 Notice of Foreclosure Sale (NOS) Down 4 from last month

91762 - 62 Notice of Defaults (NOD) Down 21 from last month

91762 - 40 Notice of Foreclosure Sale (NOS) Down 6 from last month

91764 - 53 Notice of Defaults (NOD) Down 5 from last month

91764 - 50 Notice of Foreclosure Sale (NOS) Same as last month


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 La Verne 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.

 

Southern California Market Report - February 2008

Here is the Southern California Market report as reported from DataQuick.  Note the substantial declines in value across the board.  Some cities are dropping like a rock, Fontana, Victorville and Beaumont to name a few.

All Homes

#Sold Feb-07

#Sold Feb-08

Pct. Chng

$Median Feb-07

$Median Feb-08

Pct. Chng

Los Angeles

6,300

3,468

-45.0%

$528,000

$460,000

-12.90%

Orange

2,449

1,471

-39.9%

$620,000

$520,000

-16.10%

Riverside

3,057

2,147

-29.8%

$410,000

$325,000

-20.70%

San Bernardino

2,274

1,242

-45.4%

$368,750

$290,000

-21.40%

San Diego

2,863

1,954

-31.7%

$480,000

$415,000

-13.50%

Ventura

737

495

-32.8%

$584,000

$445,000

-23.80%

SoCal

17,680

10,777

-39.0%

$495,000

$408,000

-17.60%

You need informed real estate assistance when purchasing a home, without insights into where the market is headed and detailed area information you are at the mercy of the market.

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 Fontana, Victorville and Moreno Valley 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

 

 

Montclair Market Report for March 2008

No matter what the market, people will continue to desire to live in Montclair, as it remains one of the most attractive cities within San Bernardino County.

Comparatively speaking, the Montclair housing market continues to slow. In of March 2008, 18 single family homes and a 1 condos/townhomes sold up 10 from last month  My overall view of the market is still slipping but getting a little better.

Closed Sales For March 2008: Down 2 from January 08

7 Single Family Homes

0 Condos/Townhomes

Pending Sales For March 2008: Up 10 from January 08

30 Single Family Homes

1 Condos/Townhomes

Current Actives As of Today's Post: Down by 5 from January 08

151 Single Family Homes

28 Condos/Townhomes

Foreclosure Activity for February 2008

38 Notice of Defaults (NOD) Down 11 from January 08

15 Notice of Foreclosure Sale (NOS) Up by 5 from January 08

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 Montclair 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.

 

Alta Loma Market Report for March 2008

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 March 2008, 14 single family homes and a total of 1 condos/townhomes sold, up 3 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 March 2008: Down 3 from January 08

10 Single Family Homes

0 Condos/Townhomes

Pending Sales For March 2008: Up 7 from January 08

18 Single Family Homes

1 Condos/Townhomes

Current Actives As of Today's Post: Down by 26 from January 08

122 Single Family Homes

8 Condos/Townhomes

Foreclosure Activity for February 2008

64 Notice of Defaults (NOD) Down by 3 from January 08

29 Notice of Foreclosure Sale (NOS) Down by 19 from January 08

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.

 

Claremont Market Report for March 2008

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 March 2008, 18 single family homes and 0 condos/townhomes sold, down 1 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 March 2008: Up 13 from January 08

20 Single Family Homes

2 Condos/Townhomes

Pending Sales For March 2008: Down 3 from January 08

22 Single Family Homes

0 Condos/Townhomes

Current Actives As of Today's Post: Down 16 from from January 08

82 Single Family Homes

16 Condos/Townhomes

Foreclosure Activity for February 2008

14 Notice of Defaults (NOD) Down 3 from January 08

10 Notice of Foreclosure Sale (NOS) Up 3 from January 08

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.

 

Upland Market Report for March 2008

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 March 2008, 31 single family homes and a total of 4 condos/townhomes entered escrow, sales are double of what they were in January 08.  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 March 2008: Down 3 from Last January 08

22 Single Family Homes

4 Condos/Townhomes

Pending Sales For March 2008: Up 12 from January 08

46 Single Family Homes

2 Condos/Townhomes

Current Actives As of Today's Post: up by 10 from January 08

345 Single Family Homes

59 Condos/Townhomes

Foreclosure Activity for February 2008

58 Notice of Defaults (NOD) Down by 26 from January 08

24 Notice of Foreclosure Sale (NOS) Down by 8 from January 08

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.

 

Mira Loma Market Report for March 2008

No matter what the market, people will continue to desire to live in Mira Loma, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Mira Loma housing market continues with good sales with the foreclosure trends for this area appear to be brisk. 

In March 2008, 30 single family homes and 1 condos/townhomes sold, this double of what was sold last month. My overall view of the market is that things are starting to sell, click here  to view an article written about the condition of the market in the Inland Empire.

Closed Sales For March 2008: Up by 6 from January 08

14 Single Family Homes

0 Condos/Townhomes

Pending Sales For March 2008: Up by 30 from January 08

47 Single Family Homes

1 Condos/Townhomes

Current Actives As of Today's Post: Down by 23 from January 08

159 Single Family Homes

3 Condos/Townhomes

Foreclosure Activity for February 2008

53 Notice of Defaults (NOD) Up by 20 from January 08

27 Notice of Foreclosure Sale (NOS) Up by 3 from January 08

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 Mira 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.

 

Where is this Market? Inland Empire Market Watch March 2008

I am still unable to get MLS statistics for the Inland Valley Board of Realtors for the last three months as they have not updated their data since December 2007. They must be going through some changes, I have sent tech support a message and they expect to have this data corrected soon.  As soon as this data is available I will analyze and report on it.  I can say is that the feel of the market continues to follow the downward trends in the Inland Empire of California.  This comment is made from my observations from the street and in tracking foreclosure action activity. 

Statistics and Analysis

Inland Valley Board of Realtors data is presently not available.

Some stats from Foreclosureradar.com about Notice of Defaults (NOD's) and Foreclosure Sales in San Bernardino County.  Defaults and Notice of Sales are running stronger than the end of the year, common thought is that the banks relaxed processing NOD's and NOS's during the holidays to avoid the bad press.  For January the number of NOD's are up 25.6% from last month and up 170.9% from last year and the NOS's are down 8.0% from last month and up 210.5% from last year

                               Notice of Defaults                   Notice of Sale          Cancellation of Sale

October 07                         982                            1,169                               270

November 07                   2,414                            1,391                               206

December 07                   3,210                            2,153                               209

January 07                      4,033                            1,981                               315

February 08                     3,494                            1,349                               225

March 08                          2954                            1,660                               246

 Overall, the market appears to continue to slide downward, foreclosures are up and pricing has really started to slip. New home builders are offering 3%-10% commissions to brokers who will bring in buyers, a sure sign that they are under extreme pressure.  Overall, my opinion is that this market will continue to slide downward for some time.

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.

Empire Realty where Superior Full Service at a Discount Lives!!!  Take a look at our Marketing Plan.  We are the Internet experts, with Featured and Enhanced Listings n Realtor.com and total exposure at over 25 different on-line home sites you know your home will get to a Buyer

 

Great Market Analytics for the Inland Empire

If you have not bumped into Altoresearch.com yet you are missing out.  Altosresearch.com is a great site that provides market analytics packaged and available to us, some free and some with a reasonable fee.

The real-time market data that Altos Research provides is exactly the kind of information that our clients need and appreciate. In this day and age where anyone can tap into information at will it is important that we add value and detailed research fills the bill with some clients.

Altosresearch is about to launch more content including the Inland Empire counties of San Bernardino and Riverside. I am sure they will continue to provide more cities in the future.

Visit Altos Research.  Sample of uses on websites.

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 Fontana 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.

 

YIPPEE - I made it to the top of the mountain!

YIPPEE!!!

I finally made it to the number one spot in San Bernardino County.

I have been blogging since October of 2007, I have been posting to Localism and making sure that I comment on others blogs daily.  It has been rewarding and educational, I really enjoy all of the smart people I get to rub shoulders with.

Thank you my fellow AR's, I look forward to climbing to the top of the California mountain.

Take care!

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 San Bernardino County 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.

 
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Real Estate Brokerage: Empire Realty
Robert Huntsinger - Empire Realty Upland, CA - Full Service at a Discount
Upland, CA
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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.

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