The Hemet San Jacinto, CA Real Estate Market has continued to remain flat. It is unfortunate that I have fallen behind in my detailed market report, looking at the numbers like only I do - trying to make sense of what the numbers actually mean and how they relate to each individual buyer or seller.
At the end of this report are links to several series of article that I have been publishing each month, breaking the real estate market numbers down for San Jacinto CA This is a very complex process that takes hours...and even days to compile.
On the other hand, I have recently subscribed to a service that give very complex reports, based on the most recent 7 days of market activity. An example of one of these reports can be found by reading market report: Free Detailed Market Report for Hemet, CA from ActiveRain Vendor ALTOS. This service is available to anyone, for free, by subscribing on my website, JohnOcchi.Com.
Although this valuable information is very thorough, in my opinion it is just not enough. Whenever I look at a real estate market report, I am always left with questions...questions that want the real estate data to relate to the transaction at hand.
My custom reports basically break down the data, that I download from the MLS, by two very important factors that are almost always over looked. I analyze the real estate market data based on the type of sale as well as financing. By Type of Sale I am referring to the status; i.e. Bank Owned (REO), Short Sale, Probate or even the occasional Standard Sale (yes, they still do happen).
The next criteria is the financing type. I do not believe a CASH buyer should be looking at the market by analyzing FHA or VA loans. So for these reports I will break down the same data with the primary factor being each type of real estate financing for each San Jacinto, CA sale; i.e. Cash, Conventional, FHA, VA, and even the occasional Land Contract that is appearing in this market.
Unfortunately, I am almost 3 months behind. To keep the data unique, I do not use a calendar month system, but rather a set month from the 21st to the 20th of the next month. I started this way because I had some down time, the first time, shortly after the 20th. I continue to use this period system to keep the data output uniquely mine.
So, this is where I have been and this is where I am going. My first priority is to get caught up on the July 21st, 2009 through August 20th data. I started with the overall summary, when I published market report: SAN JACINTO, CA MARKET REPORT | 7/21/2009 - 8/20/2009 | General Overview.
Now is the time to complete that and move on to the next reporting period, so that we can truly see what has taken place since the summer, in the San Jacinto, CA real estate marketplace.
If you want to Track the Market, then please read more about the preceding period at any of these links:
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | The Average Home
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | Averages by Type of Sale
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | FINANCING by TYPE of SALE
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | CASH SALES & THE MARKET
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | CONVENTIONAL LOANS in the Market
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | FHA LOANS in the MARKET
San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | VA LOANS in the MARKET
REPORTS FROM 5/20/2009 - 6/20/2009
San Jacinto Market Analysis - SOLD 5/20/09 - 6/20/09
Financing - CASH
Financing - CONVENTIONAL
Financing - FHA
Financing - VA
Financing - LAND CONTRACT
FINANCING OBSERVATIONS
Market Summary - Why local is Important
Servicing THE REO Needs of Asset Managers, Servicers, Banks and Lending Institutions in the Hemet - San Jacinto Valley, Temecula, Murrieta, Winchester, Wildomar, Menifee, Sun Valley, Perris, Moreno Valley, Romoland, Homeland, Nuevo, Banning, Beaumont, Cherry Valley, Yucaipa, Redlands, Mentone, Loma Linda and throughout South West Riverside County and The Pass Areas of The Inland Empire in Southern California. If you are a buyer, investor, first time home buyer or are just interested in REO real estate, please contact us at the above phone number.
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