inland empire: Dissecting the data - 04/17/08 09:58 AM
I read the following  brief report online:
Southern California's seasonal boost in home sales between February and March was less than half its normal level and a record low, and median prices of sales took a dive, according to a report today from data provider DataQuick Information Systems.
A total of 12,808 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in March. That was up 18.8 percent from 10,777 the previous month but down 41.4 percent from 21,856 in March 2007, DataQuick reported.
On the surface this news can seem bad. … (0 comments)

inland empire: More GOOD news for housing - 04/16/08 05:02 AM
 I just wanted to share my success in this last month. I have been working with a lot of first time buyers to help get them into a great home. Most of them are looking at reo homes. I have learned to be patient and upfront with my clients about what to expect. This month I have put 3 people in to escrow and have 2 other offers out waiting for response. I am not naive and I know that we still have some ways to go to get out of this mess. I am just grateful that I do not … (5 comments)

inland empire: Foreclosures not as bad as expected in the Inland Empire - 04/16/08 04:54 AM
I just read an article from our local newspaper The Press- Enterprise. It stated that we are up in the amount of foreclosed homes from last month by 30%. But, Realtytrac and real estate data source stated that they were surprised that the numbers were not a lot higher. Some of the credit goes to the programs that are out there to help struggling homeowners. We are still expecting to see a large reset of these ARM loans, but reo homes are selling. Most reo agents have seen a surge in the amount of homes sold under $300,000. Meaning there are … (0 comments)

 

Kevin Williamson

Homes for Sale Moreno Valley

Moreno Valley, CA

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