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Pomona, CA Real Estate News

By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Twenty-one Pomona homes were listed for sale in the local multiple listing service during the week ending Nov. 29, 2008, with asking prices ranging from $149,900 to $449,000. Fourteen homes were reported sold during the week, with sales prices ranging from $79,900 to $405,000, according to the MLS. The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Pomo...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Pomona Home Market Activity     Market Activity as of Nov. 23, 2008* Nov. 23, 2008 Nov. 16, 2008 Pomona Homes Listed During Week 24 35 Homes Listed as Pending During Week 19 23 Total Number of Homes Listed for Sale 694 697      Single-Family (no monthly fee) 554 566      Homes in Associations (such as c...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Pomona Home Market Activity     Market Activity as of Nov. 16, 2008* Nov. 16, 2008 Nov. 9, 2008 Pomona Homes Listed During Week 35 29 Homes Listed as Pending During Week 23 28 Total Number of Homes Listed for Sale 697 719      Single-Family (no monthly fee) 566 578      Homes in Associations (such as co...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. A total of 755 Pomona properties were in the foreclosure process on Nov. 9, 2008, according to reports compiled from county records for the First American CoreLogic database. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Pomona Home Market Activity     Market Activity as of Nov. 9, 2008* Nov. 9, 2008 Nov. 2, 2008 Pomona Homes Listed During Week 29 ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. A total of 768 Pomona properties were in the foreclosure process on Nov. 2, 2008, according to reports compiled from county records for the First American CoreLogic database. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you.   Pomona Home Market Activity     Market Activity as of Nov. 2, 2008* Nov. 2, 2008 Oct. 26, 2008 Pomona Homes Listed During Week ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I  will be happy to assist you. Pomona Home Market Activity     Market Activity as of Oct. 26 2008* Oct. 26 2008 Oct. 19, 2008 Pomona Homes Listed During Week 29 39 Homes Listed as Pending During Week 26 54 Total Number of Homes Listed for Sale 746 751      Single-Family (no monthly fee) 593 591      Homes in Associations (such as co...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The number of foreclosure postings dropped dramatically in September, but not because there are fewer homeowners in distress. Instead, the numbers are down because of a new law requiring lenders to contact homeowners and then wait 30 days before filing foreclosure notices. The goal is to encourage loan modifications that enable homeowners to stay in their home. A total of 761 Pomona properties were in the foreclosure process on Oct. 19, 2008, according to reports compiled from county records for the First American CoreLogic database. The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Tightening credit as a result of volatility in the banking industry and stock markets around the world is being felt in the local home market, sending the number of available homes upward again. The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Pomona Home Market Activity     Market Activity as of Oct. 12, 2008* Oct. 12, 2008 Oct. 5, 2008 Pomona Homes Listed During Week 40 48 Total Number of Homes Listed for Sale 753 613      Single-Family (no monthly fee) 595 482      Homes in Associati...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
There were 4,775 homes for sale in the 10 cities in my service area on Sunday, Oct. 5, according to the local Multiple Listing Service. While that's a daunting number to home buyers and home sellers alike - for different reasons - it is less than 2 percent of the number of existing houses in Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Since the source of the number of houses was the 2000 census, and most communities saw a boom in construction during the first half of the decade, the actual percentage is even lower. Fontana has seen home prices plummet since the giddy "Build, Build, Build" years shortly after 2000, when northern Fontana homes and home prices shot skyward. Based on current listings and the number of homes report...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Pomona Home Market Activity     Market Activity as of Sept. 28, 2008* Sept. 28, 2008 Sept. 21, 2008 Pomona Homes Listed During Week 49 43 Total Number of Homes Listed for Sale 620 621      Single-Family (no monthly fee) 492 493      Homes in Associations (such as condos) 128 128 Vacant Homes for Sale 271 262 Short Sales 187 180 Lender-Owned Homes for Sale 106 102 Homes Sold During Week 7 18 Homes for Lease 38 35      Median Monthly Lease Pa...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Forty-five percent of homes for sale in Pomona and almost two-thirds of the homes listed in Fontana - 63 percent - have either been foreclosed or are in the foreclosure process, according to figures posted Sept. 21, 2008 by the Inland Multi-Regional Multiple Listing Service.  The percentage of available homes either owned by lenders or offered as "Short Sales" varies widely in other local cities, according to the MLS: Chino - 46 percent, Claremont - 15 percent, La Verne - 24 percent, Montclair - 49 percent, Ontario - 53 percent, Rancho Cucamonga - 50 percent, San Dimas - 40 percent, and Upland - 38 percent, as of Sept. 21, 2008. The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Pleas...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Pomona Home Market Activity     Market Activity as of Sept. 14, 2008* Sept. 14, 2008 Sept. 7, 2008 Pomona Homes Listed During Week 36 31 Total Number of Homes Listed for Sale 607 613      Single-Family (no monthly fee) 476 472      Homes in Associations (such as condos) 131 141 Vacant Homes for Sale 264 268 Short Sales 24 172 Lender-Owned Homes for Sale 98 104 Homes Sold During Week 6 1...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The number of previously owned homes on the market has dropped dramatically in the past six months in the cities of Chino, Montclair and Ontario, according to figures available from the Inland Multi-Regional Multiple Listing Service.  Chino showed the largest drop - 27 percent - in the number of homes listed for sale in the MLS, closely trailed by Ontario, with 23 percent fewer homes listed than on March 9, 2008. In Montclair, the number of previously owned homes listed for sale in the MLS was 22 percent lower on September 7 than on March 9, 2007.  Elsewhere in the region, San Dimas showed the least amount of change, with 136 previously owned homes for sale on March 9 and 135 for sale on Sept. 7. The change was also slight in Claremont, where 118 homes were for sale on March 9 and 116 o...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well.  I am working this holiday weekend. If you are interested in purchasing or selling a home in western San Bernardino County or eastern Los Angeles County, please do not hesitate to contact me by phone or e-mail.  The figures below were compiled from information provided by the Inland Multi-Regional Multiple Listing Service. For additional information, please call Ila Josephs at (909) 261-3541 or send an e-mail message in the form at the bottom of the page. Market Activity as of Augu...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. The "Prior Week" column is information for the week ending August 16, 2008. During the past year, the number of listings in each city have declined, along with prices. The number of homes sold is increasing as home buyers take advantage of lower prices and low interest rates.  There are some signs that housing prices may be leveling off - multiple offers on bank-owned properties and renewed construction in nearly every Inland Valley city. The figures below were compiled from information provided by the Inland Multi-Regional Multiple...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
It's still a Buyer's Market for Inland Empire home sales. The Housing and Economic Recovery Act of 2008 signed by President Bush in late July offers encouragement to home buyers to jump into the market now, before rising interest rates rise and seller-financed down payment assistance programs end October 1, 2008. July home sales statistics are due to be released this week and will be reported on my website; you can click on http://marketreport.ilajosephs.com for a direct link. I'm also adding a new section to my weekly report this week. Look below for a comparison to home sales data for February 17, 2008, and see the changes that have taken place in the past six months. The following information was compiled from information reported in the Inland Multi-Regional Multiple Listing Service...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Ten previously-owned homes closed escrow in Pomona, CA, during the week ending August 9, 2008, and 18 Pomona homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                      Homes for Sale: The MLS said 46 new Pomona listings were added during the week, for a total inventory of 648 previously-owned homes listed in Pomona on August 10, including 489 single-family homes with no monthly fees and 159 condominiums, town homes and single-family homes in associations. The MLS listings indicated 291 of homes currently on the market were vacant. Of the homes for sale in Pomona...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Fourteen previously-owned homes closed escrow in Pomona during the week ending August 2, 2008, and 21 Pomona homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                      Homes for Sale: The MLS said 34 new Pomona listings were added during the week, for a total inventory of 643 previously-owned homes listed in Pomona on August 3, including 481 single-family homes with no monthly fees and 162 condominiums, town homes and single-family homes in associations. The MLS listings indicated 286 of homes currently on the market were vacant. Of the homes for sale in Pomona,...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Eleven previously-owned homes closed escrow in Pomona during the week ending July 26, 2008, and 18 Pomona homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                      Homes for Sale: The MLS said 40 new Pomona listings were added during the week, for a total inventory of 639 previously-owned homes listed in Pomona on July 27, including 486 single-family homes with no monthly fees and 153 condominiums, town homes and single-family homes in associations. The MLS listings indicated 290 of homes currently on the market were vacant. Of the homes for sale in Pomona, 179 were li...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Ten previously-owned homes closed escrow in Pomona during the week ending July 19, 2008, and 18 Pomona homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals. Homes for Sale: The MLS said 34 new Pomona listings were added during the week, for a total inventory of 639 previously-owned homes listed in Pomona on July 20, including 487 single-family homes with no monthly fees and 152 condominiums, town homes and single-family homes in associations. The MLS listings indicated 291 of homes currently on the market were vacant. Of the homes for sale in Pomona, 179 were listed as "short sales" and 86 were being sold by the lender, a...
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