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inland valley: Take a Look at 'Bargain' Condos and Townhomes - 01/27/11 06:47 PM
Condominiums and townhomes may offer the best real estate bargains for entry-level home buyers and investors in 2011. Monthly payments to purchase a condominium is likely less than rent for a comparable apartment and inventory is plentiful. In California's Inland Valley cities of Chino, Fontana, LaVerne, Montclair, Ontario, Pomona, Rancho Cucamonga and Upland, about 250 condominiums and townhomes are listed for $150,000 or less.
How much less? You could buy a 2-bedroom condo for less than $40,000 in Fontana, $56,700 in Ontario, $71,000 in Pomona, $79,900 in Chino or Rancho Cucamonga, $89,900 in Upland, or $99,999 in Montclair. In Claremont, the lowest-priced 2-bedroom condominium is … (0 comments)
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inland valley: Housing Hangover? Not in the Inland Valley - 06/23/10 06:46 PM
The Commerce Department reported today that nationwide new home sales plunged 33 percent in May and analysts and economists immediately declared buyers aren't buying homes because they can't get tax credits.
Here in Southern California's Inland Valley, sales of newly constructed homes may have dropped in May, but buyers still are eager to get pre-approved and writing offers, and sellers are getting offers. Clients in Upland got a full-price offer from well-qualified buyers 10 days after listing their home in May; escrow closes in early July.
What's down is inventory.
When home prices dropped, builders halted new construction projects. With typical mortgage payments … (0 comments)
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Ila Josephs
Ontario,
CA
More about me…
Tarbell, Realtors
Address: 1570 W. Foothill Blvd., Upland, CA, 91786
Office Phone: (909) 261-3541
Cell Phone: (909) 261-3541
Email Me
Never too busy to talk real estate, Ila advises present and future homeowners in the Inland Valley region of Southern California and eastern Los Angeles County.
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