Why home prices will not stabilize in the Inland Empire any time soon - 09/24/08 07:57 PM
Since the beginning of the year foreclosures have been occurring in greater numbers than sales, for both San Bernardino and Riverside counties we have amassed over 7,000 foreclosures that have remained unsold since the beginning of the year.  These numbers will continue to grow as long as the foreclosures are greater than the sales.
Now we move into economics 101, as long as inventory continues to increase sales prices will continue to relax.
 Data Quick and ForeclosureRadar.com provided the raw data and Empire Realty provided the detailed analysis.
It's important to stay in tune with the changes in the market. Call … (1 comments)

San Bernardino County Foreclosure Report - August 2008 - 09/14/08 11:16 PM
FORECLOSURERADAR.COM - San Bernardino County - August 2008
In reviewing the foreclosure statistics for San Bernardino County we found that even though the foreclosure activity appeared to be near it's peak it looks like a second wave of foreclosures are about to come over us.  The summer sales numbers which increased greatly from earlier months of the year are now dropping at a high rate thus we will start building inventory which will increase the speed at which prices fall and drive more foreclosures.
The ratio of the NOS's to NOD's, with a 90 day lag, continues at an alarmingly high ratio, … (0 comments)

Inland Empire Market Direction - Prediction - 09/14/08 11:10 PM
Jumping out on a limb?
After reviewing the foreclosure and sales data for the Inland Empire I am going to jump out on a limb here.
I predict that the second wave of foreclosures is going to come through this winter, I am already seeing sales dry up and fast.  Inventory will build, prices will drop and foreclosures will pile up. 
Someone remember to have me review this post in February 2009 as I believe that the story will be written by then.
Empire Realty is your real estate source for useful and money saving information.
It's important to stay in tune … (2 comments)

Victorville Market Report for July 2008 - 09/14/08 10:46 PM
No matter what the market, people will continue to desire to live in Victorville, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Victorville housing market continues to post brisk sales. 
In of July 2008, 39 single family homes and a total of 0 condos/townhomes sold, down 34 from last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little.
For a full county market report Click Here.
Closed Sales For July 2008, Up 12 from last month75 Single Family Homes0 Condos/TownhomesPending Sales For July 2008, Up 24 from … (0 comments)

Riverside Market Report for July 2008 - 09/14/08 10:32 PM
No matter what the market, people will continue to desire to live in Riverside, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Riverside housing market continues to post brisk sales. 
In of July 2008, 263 single family homes and a total of 11 condos/townhomes sold, down 279 from last month. Click Here to view the Riverside County market report.
Closed Sales for July 2008: Up 55 from last month382 Single Family Homes20 Condos/TownhomesPending Sales for July 2008: Up 59 from last month899 Single Family Homes31 Condos/TownhomesCurrent Actives as of Today's Post: Down 193 from last month2,219 Single Family Homes117 Condos/TownhomesForeclosure Activity for July 2008
92501 - 40 Notice of … (0 comments)

Moreno Valley Market Report for May 2008 - 09/14/08 09:28 PM
No matter what the market, people will continue to desire to live in Moreno Valley, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Moreno Valley housing market continues to post brisk sales. 
In of May 2008, 300 single family homes and a total of 7 condos/townhomes sold, down 262 from last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little.
For a full county market report Click Here.
Closed Sales For May 2008, up 53 from last month362 Single Family Homes7 Condos/TownhomesPending Sales For May 2008, Down … (0 comments)

Beaumont Market Report for July 2008 - 09/14/08 09:10 PM
No matter what the market, people will continue to desire to live in Beaumont, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Beaumont housing market continues to post brisk sales. 
In of July 2008, 84 single family homes and a total of 0 condos/townhomes sold, 10 more than last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little.
For a full county market report Click Here.
Closed Sales For July 2008, Up 2 from last month57 Single Family Homes0 Condos/TownhomesPending Sales For July 2008, Up 6 from last month144 Single Family … (0 comments)

Fontana Market Report for July 2008 - 09/14/08 08:59 PM
No matter what the market, people will continue to desire to live in Fontana, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Fontana housing market continues to post brisk sales. 
In of July 2008, 213 single family homes and a total of 3 condos/townhomes sold, down 183 from last month, this is a good size increase from last month.  My overall view of the market is still slipping. Click Here to view the San Bernardino County market report.
Closed Sales for July 2008: Up 58 from last month265 Single Family Homes2 Condos/TownhomesPending Sales for July 2008: Up 69 from last month707 Single Family Homes13 Condos/TownhomesCurrent Actives as … (0 comments)

Ontario Market Report as of July 2008 - 09/14/08 08:37 PM
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 July 2008, 71 single family homes and a total of 20 condos/townhomes sold, down 77 from last month.  My overall view of the market is still going to slip this fall.  Click Here for the San Bernardino County market report.
Closed Sales for July 2008: Up 24 from last month106 Single Family Homes19 Condos/TownhomesPending Sales for July 2008: Up 26 from last month245 Single Family Homes72 Condos/TownhomesCurrent Actives As of Today's Post: Down 83 from last month556 Single … (0 comments)

We all love food right? Haandi in Rancho Cucamonga is Great! - 09/13/08 03:56 PM
 If you are in the area of Foothill and Haven in Rancho Cucamonga you must check out the Haandi Indian Restaurant.
It is a great Indian restaurant that features a varied menu in which they specialize in Tandoor clay oven dishes.  Their curries can be made mild, medium or hot to match your tastes, bring a big appetite as they give you plenty. My whole family loves the varied nan, bread for you north Americans.
Located at 7890 Haven in Rancho Cucamonga, near the corner of Haven and Foothill by the bowling alley, this is a must try for locals and those passing through.  You can visit them on the web at http://www.haandi.net.
Empire Realty … (0 comments)

Chino Hills Market Report for July 2008 - 09/09/08 06:01 PM
No matter what the market, people will continue to desire to live in Chino Hills, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Chino Hills  housing market continues to post brisk sales. 
In of July 2008, 32 single family homes and a total of 3 condos/townhomes sold, 31 less than last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are slowing further. I expect this winter will see slowing sales and an increase pace in price decreases.
For a full county market report Click Here.
Closed Sales … (1 comments)

Chino Market Report for July 2008 - 09/09/08 05:51 PM
No matter what the market, people will continue to desire to live in Chino, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Chino housing market continues to post brisk sales. 
In of July 2008, 31 single family homes and a total of 10 condos/townhomes sold, 15 less than last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little.
For a full county market report Click Here.
Closed Sales For July 2008, up 6 from last month58 Single Family Homes10 Condos/TownhomesPending Sales For July 2008, up 46 from … (0 comments)

Corona Market Report for July 2008 - 09/08/08 07:54 PM
No matter what the market, people will continue to desire to live in Corona, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Corona housing market continues to post brisk sales. 
In of July 2008, 271 single family homes and a total of 18 condos/townhomes sold, down 226 from last month.  My overall view of the market is still slipping more so in 92881 and 92882. Click Here to view the Riverside County market report.
Closed Sales for July 2008: Up 59 from last month384 Single Family Homes17 Condos/TownhomesPending Sales for July 2008: Up 5 from last month726 Single Family Homes45 Condos/TownhomesCurrent Actives as of Today's Post: Up … (0 comments)

Rancho Cucamonga Market Report for July 2008 - 09/08/08 07:34 PM
No matter what the market, people will continue to desire to live in Rancho Cucamonga, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Rancho Cucamonga housing market continues to post brisk sales.In of July 2008, 90 single family homes and a total of 22 condos/townhomes sold, down 67 from last month.  My overall view of the market is still going slip even though it appears to be getting a little summer stability. CLICK HERE for the San Bernardino County market report.
Closed Sales for July 2008: Up 10 from last month110 Single Family Homes25 Condos/TownhomesPending Sales for July … (0 comments)

La Verne Market Report for July 2008 - 09/08/08 04:10 PM
No matter what the market, people will continue to desire to live in LaVerne, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the La Verne housing market continues to post brisk sales. 
In of July 2008, 7 single family homes and a total of 0 condos/townhomes sold, down 16 from last month.   Click Here for the San Bernardino County market report.
Closed Sales for July 2008: Up 12 from last month
23 Single Family Homes
1 Condos/Townhomes
Pending Sales for July 2008: Down 12 from last month
19 Single Family Homes
1 Condos/Townhomes
Current Actives As of Today's Post: Down 12 from month
79 Single Family Homes
19 Condos/Townhomes
Foreclosure Activity for July 2008 - 91750
… (0 comments)

Montclair Market Report for July 2008 - 09/08/08 03:58 PM
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 July 2008, 34 single family homes and a 3 condos/townhomes sold up 4 from last month.  My overall view of the market continues as it is still slipping but getting a little better. Click Here to see our San Bernardino County market report.
Closed Sales for July 2008: Up 8 from last month
21 Single Family Homes
2 Condos/Townhomes
Pending Sales for July 2008: Up 22 from last month
72 Single Family Homes
4 Condos/Townhomes
Current Actives as of Today's Post: … (0 comments)

Hesperia Market Report for July 2008 - 09/07/08 11:07 PM
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 July 2008, 36 single family homes and a total of  1 condos/townhomes sold.  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 July 2008
44 Single Family Homes
1 Condos/Townhomes
Pending Sales For July 2008
120 Single Family Homes
1 Condos/Townhomes
Current Actives as of Today's Post
589 Single Family Homes
3 Condos/Townhomes
Foreclosure Activity for July 2008
92344 - 91 Notice of Defaults (NOD)
92344 - 92 Notice of Foreclosure Sale … (0 comments)

Alta Loma Market Report for July 2008 - 09/07/08 10:38 PM
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 July 2008, 7 single family homes and a total of 0 condos/townhomes sold, down 9 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 July 2008: Down 2 from last month
13 Single Family Homes
1 Condos/Townhomes
Pending Sales For July 2008: Down 6 from last month
23 Single Family Homes
0 Condos/Townhomes
Current Actives As … (0 comments)

Claremont Market Report for July 2008 - 09/07/08 10:25 PM
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 July 2008, 7 single family homes and 2 condos/townhomes sold, down 13 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 July 2008: Up 7 from last month
21 Single Family Homes
2 Condos/Townhomes
Pending Sales For July 2008: down 12 from last month
20 Single Family Homes
4 Condos/Townhomes
Current Actives … (0 comments)

Upland Market Report for July 2008 - 09/06/08 11:26 PM
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 June 2008, 33single family homes and a total of 4 condos/townhomes entered escrow, down 19  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. All sales factors have come up slightly, finally some good news.
Closed Sales for July 2008: Up 6 … (0 comments)

Mira Loma Market Report for July 2008 - 09/06/08 11:07 PM
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 stable sales with the foreclosure trend for this area being quite brisk. 
In June 2008, 16 single family homes and 0 condos/townhomes sold, down 21 from  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 July 2008: Up 5 from last month
25 Single Family Homes
0 Condos/Townhomes
Pending Sales For July 2008: Up 11 … (0 comments)

Walnut - Snow Creek - HUGE PRICE REDUCTION - 09/01/08 07:10 PM
… (3 comments)

 

Robert Huntsinger - Empire Realty Upland, CA - Full Service at a Discount

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