homes: Southwest Riverside County Market Update: May 2012
- 06/27/12 02:38 AM
SOUTHWEST RIVERSIDE COUNTY MARKET UPDATE: MAY 2012 The Temecula real estate market has been a topic of heated conversation over the last 5 years as we have seen prices plummet to it cyclical low point in February 2009. As we continue to watch it climb – now reaching 27.3% above that low point, across California. Today, Leslie Appleton Young and the California Association of Realtors (CAR) released a video market report that I found interesting enough to share the details with my readers while I try and compare some of the statewide data with my own local research of the Murrieta – … (0 comments)
homes: Market Conditions - What do the Numbers Really Mean?
- 10/25/11 03:52 AM
I learned a long time ago the Figures Never Lie, but Liars Always Figure. So when I read reports that rely heavy on figures I always wnt to get to the bottom line and 'figure' out what is really going on - especially when it has to do with real estate. Recently, 'they' (in this case the California Building Industry Association) announced that start-up housing was up 10% - whooo hooo, now that is a reason to celebrate if you can accept it at face value. But lets take a closer look at what 'they' may be trying to sweep under the … (1 comments)
homes: New To Temecula and No Place to Stay
- 08/10/11 07:17 AM
Temecula, California is a unique community with many different facets to it. There is of course, wine country. Our 'Old Town District' is a fun and happening place. The area boasts of many great independenly owned restaurants and bistros. Many people choose to relocate to the South West Riverside County region from out of state. Many are military while others are just seeking our wonderful climate. While the Come2Temecula Team does a great job working with local residents who are either a first time homebuyers, move up buyers and even 2nd home buyers we also service many great people who will … (2 comments)
homes: Repeat Buyer Search Criteria for 2010 Planning
- 12/23/09 02:38 AM
Well, I came up with an idea yesterday for creating a new niche in the Hemet - San Jacinto Real Estate marketplace - one that I believe no one is targeting. You can read the general outline of this untapped market at the article I published, called - 2010 - Creating a New Niche in the Hemet - San Jacinto Valley, CA Real Estate Marketplace.Well, this has been consuming brain cells in the back of my brain and with some simple playing around this morning - I have figured out how to identify those who fall into this market...and it was … (6 comments)
homes: New Video Program is for the DOGS!
- 11/19/09 11:07 AM
There is a new video program that I tried out a couple of weeks ago for free. They allow you 30 second videos with about a dozen pictures...and of course the viedeo is branded Animoto.There is a pretty incredible professional version available for aboutr $250. I did not want to commit to it until after I came back from NAR - as I wanted to see al of the new technology on the market.Well, yesterday I took the plunge and signed up. It has been fun playing with. This will be very useful both for business as well as personal. Here … (17 comments)
homes: San Jacinto, CA: Market Snapshot - 3 Bedroom 2 Baths
- 11/07/09 05:00 PM
The San Jacinto, CA Real Estate market is very similar to every other local real estate market in the country - it is local and has it's own unique nuances.In this Market Snapshot I am going to examine the market for 3 Bedroom 2 Bath Single Family Residential homes, across the entire city of San Jacinto and cover current statistical data and looking at sales in the city, spanning the last 90 days, only.QUANTITYACTIVE - Currently there are 57 ACTIVE real estate listings in San Jacinto that range in size from 924 square feet to 2,481 sq feet with an average … (0 comments)
homes: market report: San Jacinto, CA | 8/21/2009 - 9/20/2009 | REO Sales and The Market
- 10/19/09 11:49 AM
The Hemet - San Jacinto, CA real estate market has remained flat as the summer buying season came to an end. This report wants to look back from the period covering August 21st through September 20th, 2009. In particular we will look exclusively at the impact that bank owned homes have had on the market and how each of the four dominant finance types have an effect on the bank owned real estate transactions.The four finance types, of course, are: Cash, Conventional - typically requiring 25% cash down by the borrower / investor, FHA which is predominately the first time home … (1 comments)
homes: Foreclosure Heat Map: June 2007 & October 2009
- 10/04/09 06:49 PM
RealtyTrac, an online leader in tracking the statistics of Foreclosed Homes across the country publishes a heat map to show what areas are the hardest hit around the nation.Back in June, 200y, early in my relationship with the banks as an REO Listing Agent, I published a blog post showing the first map I had seen on the topic. Being in California, I was actually surprised that we were not being the trend setter that we are know for. JUNE, 2006 FORECLOSURE HEAT MAP - REALTYTRAC
A little over 2 years later and California is right there at the … (6 comments)
homes: My ActiveRain Success Story
- 10/03/09 07:27 AM
I just posted much of this to my ActiveRain Profile - but it seems to have gone elsewhere - not sure...so I thought I would repost as an actual blog post to share with all who follow me here in the Rain... | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | … (8 comments)
homes: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | VA LOANS in the MARKET
- 09/08/09 06:19 AM
The last segment of the market that we will look at for this report on the homes sold in San Jacinto, CA during the period of 6/21/2009 - 7/20/2009 are for the homes that were financed with a loan for our veterans - either VA or CalVet. These loans are unique in that the Veteran is not suppose to use any of their own money to buy the home - and that includes closing costs.VA Loans are a very small section of the market - the 5 VA Loans that closed escrow during this period in San Jacinto only amount to … (1 comments)
homes: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | FHA LOANS in the MARKET
- 09/08/09 05:47 AM
In San Jacinto CA, as throughout the rest of South West Riverside County and the Inland Empire region of Southern California the most popular way to finance a home purchase today is with an FHA Loan that only requires a 3.5% down payment and must be owner occupied.Homes purchased with FHA Loans represent 44.5% of the Total residential homes sold in San Jacinto with 49 of the 110 residential real estate transactions during the period of June 21st, 2009 through July 20th, 2009.There are several differences between the homes purchased with the popular FHA Loans and other types of financing.First off, … (0 comments)
homes: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | CONVENTIONAL LOANS in the Market
- 09/08/09 05:12 AM
Conventional loans typically require the borrower to have a larger down payment that government type of loans, such as FHA or VA. Conventional loan down payments in San Jacinto CA from the period of June 21st, 2009 through July 20th, 2009 accounted for 22.7%, or 25 residential homes for sale, closed escrow.Aside from the amount of down payment a borrower must put down on a Conventional Loan, there is not a requirement for the borrower to live in the home. Therefore a conventional loan is a common way for an investor to finance their real estate investment property in San Jacinto, … (0 comments)
homes: What is the Future of Real Estate... Or, What Have We Learned Since 9/11?
- 08/02/08 05:21 PM
There is no debate that the Real Estate market took off after 9/11. We were at a very rough cross roads in our history and I guess anything could have happened. One way or the other we, as a country got motivated and there are too many factors to get into here as to everything that contributed to our financial rise and fall of the last 6 years. This is not about blame. Yes there were crooks on wall street just as there were crooked lenders and crooked real estate agents and crooked politicians and crooked everything else. We sensationalize them … (4 comments)
homes: 2005 - 2007 Market Snapshot: Hemet-San Jacinto Valley
- 08/26/07 07:19 PM
Here is a look back at the real estate activity in the Hemet San Jacinto Valley market, starting in January 2005 through 2006 an up to the current date, August 26, 2007. This data reflectes single family homes only. Not included are mobile homes and land purchases.
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homes: Market Snapshot - San Jacinto CA 92583 | June 30, 2007
- 06/30/07 07:47 AM
Market Snapshot - San Jacinto CA 92583 | June 30, 2007 by, John Occhi, Hemet - San Jacinto Valley CA REALTOR Hemet - San Jacinto CA Real Estate At the request of an investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current activity for homes for sale in San Jacinto, CA in the 92583 zip code. If you are a homeowner in this zip code, you will probably find this data rather disturbing. Although it is not as disturbing as zip code 92582 in western San Jacinto CA has experienced during the same … (4 comments)
homes: Market Snapshot - San Jacinto CA 92582 | June 30, 2007
- 06/30/07 05:40 AM
Market Snapshot - San Jacinto CA 92582 | June 30, 2007 by, John Occhi, Hemet - San Jacinto Valley CA REALTOR Hemet - San Jacinto CA Real Estate At the request of an investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current activity for homes for sale in San Jacinto, CA in the 92582 zip code. If you are a homeowner in this zip code, you will probably find this data rather disturbing. Traditionally, the busiest time of year for real estate is the late spring early summer - as new home buyers … (0 comments)
homes: Who is Looking at What?
- 01/09/07 03:56 PM
Who is Looking at What?by John Occhi, Hemet, REALTOR®Hemet CA Real Estate Here is something that I found interesting - TRULIA the popular website to help buyers find homes for sale on the MLS has released its findings of what buyers are shopping for online. The report covers the hottest cities as well as the hottest homes they are searching. I don't want to spend a lot of time analyzing this, the 5 pages make for a quick read with lots of good looking graphics to help you find what you want to know about - so go check it out. Now Have a Blessed … (0 comments)
homes: Just How does the Fed Feel?
- 01/06/07 04:16 PM
Just How does the Fed Feel?by John Occhi, Hemet REALTORHemet, CA Real Estate Last week the FED (Federal Reserve Board) released its minutes of its December 12th meeting where they decided not to raise or lower the interest rate. Apparently, they are concerned with the national housing slump and the role it is having on the economy. A potential rate cut for the next time they meet at the end of January was talked about, but the conversation was not included in the minutes, according to an unidentified FED member, the Washington Post reported. The Hemet CA Real Estate market should respond well to … (0 comments)
SOUTHWEST RIVERSIDE COUNTY MARKET UPDATE: MAY 2012 The Temecula real estate market has been a topic of heated conversation over the last 5 years as we have seen prices plummet to it cyclical low point in February 2009. As we continue to watch it climb – now reaching 27.3% above that low point, across California.
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