2005: A History Lesson | Hemet CA Real Estate: February 2005, February 2006, February 2007 and February 2008
- 04/01/08 06:58 AM
No doubt the current market conditions have changed in nearly every real estate market across the country. In Hemet, CA, we have seen dramatic transformations over a year earlier, which is why it is so important to properly understand the value of a home in today’s market – whether you are trying to buy or sell an REO (Real Estate Owned – bank owned homes) or other property. (The figures reported here only represent the data supplied by the local Hemet San Jacinto Association of REALTORS® - HSJAOR - on the local SoCalMLS and do not reflect the properties that were … (3 comments)
2005: 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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2005: ActiveRain Your Counsel Was Taken: A Short Sale Case History
- 08/10/07 12:40 PM
ActiveRain Your Counsel Was Taken: A Short Sale Case History by John Occhi, Hemet REALTOR® Mission Grove Realty Last month I posted a blog article seeking the advise of ActiveRain members in a situation that is becoming much to common in today's real estate market.The call came from a Pastor who had read through my blog and felt confident that if anyone could offer good solid worldly advise on a very real problem in this world, from a Christian prospective.We talked on the phone for 45 minutes. I emailed him numerous documents to consider, including a best case scenario market analysis … (17 comments)
2005: ActiveRain – I Need Your Help. Is This a Short Sale? How Would You Counsel this Seller?
- 07/28/07 08:48 AM
ActiveRain - I Need Your Help. Is This a Short Sale? How Would You Counsel this Seller? by John Occhi, Hemet REALTOR® Mission Grove Realty Last night I received an email (thank you ActiveRain) that I followed up with a 45 minute phone call this morning from a homeowner who knows he is on the steps of disaster as his 80/20 sub-prime adjustable loan (ARM)already reset once increasing the principal and interest from $2200 a month to over $2900 monthly payment...and is expected to reset once again in under two months. He has a homeowner's association payment of $300 due every … (34 comments)
I recently took a listing for a home from a single man that has his son and his son's wife and 2 young children living with him for the past 5 years. The owner of the property will be leaving California very shortly and very much needs to sell his Hemet home. Unfortunately, there just is not enough money to do what needs to be done to sell the place. On top of it all, he maxed out … (2 comments)
2005: HEMET MARKET ANALYSIS - JANUARY 2007
- 02/09/07 04:40 AM
HEMET MARKET ANALYSIS - JANUARY 2007by John Occhi, Hemet CA REALTORReal Estate - Hemet, CA With all of the talk of doom and gloom I suppose the one good thing is that we can't get upset when the news is less then stellar. And that's what I have to report about the Hemet Housing market, looking back at January 2007. None of the numbers that I will be reporting on will include homes that were sold without a REALTOR and the MLS - either through private parties or directly from the builders. These numbers are strictly re-sale transactions that have been accomplished … (0 comments)
2005: Analysis of the Hemet REAL ESTATE MARKET Part 2 - SOLDS
- 01/26/07 03:52 AM
Analysis of the Hemet REAL ESTATE MARKET Part 2 - SOLDSBy John Occhi, Hemet REALTOR®Hemet CA REAL ESTATE An in-depth look at the analysis of SOLD properties covering a 2 year period, broken down by month, comparing the numbers to the previous month as well as the same period a year earlier. This is a close up accurate snapshot of what has really happened in the Hemet Real Estate market - it is not about feel good opinions - it is fact, followed by my personal analysis on a month to month report. Earlier this week I posted an article where I analyzed … (1 comments)
2005: Analysis of the Hemet REAL ESTATE MARKET Part 1 - New Listings
- 01/24/07 09:17 AM
Analysis of the Hemet REAL ESTATE MARKET Part 1 - New ListingsBy John Occhi, Hemet REALTOR®Hemet CA REAL ESTATE I just wrote an article on the importance of studying the local real estate market and becoming familiar with the numbers that move the market. This article is my analysis of the local Hemet California Real Estate market based on the information found in the Tempo MLS, used by the Hemet-San Jacinto Association of REALTORS (HSJAOR). My data is all residential property reported to the TEMPO MLS. I will analysis the data over the past two years. and I will be looking specifically at … (0 comments)
2005: NAR Marketing Survey
- 01/10/07 03:16 AM
NAR Marketing Surveyby John Occhi, Hemet REALTOR®Hemet CA Real Estate I just received an eMail from the National Association of REALTORS ® (NAR). I'll bet you got the same one. They wanted to let me know about the 2007 marketing campaign and the results of the 2006 message. They are also following through with the campaign that they started in 2005, targeting the Hispanic market. What I found disturbing is that 2/3's of the consumer really get what value we, as professional REALTORS®, bring to the table. I got the feeling that NAR is proud of these results - personally, I'm embarrassed Take a … (0 comments)
2005: Figures Don't Lie...Liars Figure
- 01/01/07 01:07 PM
Figures Don't Lie...Liars Figureby John Occhi, Hemet REALTOR I have been working with the information that I have downloaded from the Hemet MLS, sponsored by the Hemet-San Jacinto Board of Realtors. The data has represented all of the residential properties listed and sold in each of the 3 Hemet zip codes - 92453, 92544 & 92545. The first few articles I wrote seemed to be a little off to me, so I have tweaked the data so that the numbers were more realistic to my thinking. Some of what I was looking at just was not making sense to me. So, I spent some … (0 comments)
2005: HEMET MARKET REPORT: Expireds, Solds and the Asking Price
- 12/31/06 07:59 PM
HEMET MARKET REPORT: Expireds, Solds and the Asking Priceby John Occhi, Hemet REALTOR Well, I have been looking at the numbers for the past couple of years, trying to make heads and tails out of them. Now please don't get me wrong, I am NOT a statistician any where close. I am just a Realtor who is trying real hard to get control of my market and understand all of the nuances. As I learn, I write and share. Hopefully, I am sharing with my clients and future clients and not educating my competition. This is hours and hours of work that can … (1 comments)
2005: Setting The Bar - Another Look Back at 2005
- 12/31/06 10:03 AM
Setting The Bar - Another Look Back at 2005By John Occhi, Hemet REALTOR Yesterday I described in detail how I pulled together the numbers I am analyzing - which is in essence a look at all of the listings that Expired from the Hemet MLS in the year 2005. The reason for 2005 is all of the data will not be in for 2006 until about the end of next week, at which time I plan on comparing the numbers from 2005 to 2006. The data that I am looking at is for Hemet only, although I do plan on … (0 comments)
2005: What Has Happened in Hemet, During the Past Two Years?
- 12/30/06 04:41 PM
What Has Happened in Hemet, During the Past Two Years?A Quick Look back to 2005 - A Place to Set the Barby John Occhi, Hemet REALTOR As the year winds down and the final figures are on their way to "the books", it's time to take a close look at what has happened. In order to fully look back at 2006 and the local Hemet Real Estate Market, I thought it was as important to look at 2005 as well. After all, if I tell you we had 50 expired listings last month, what does that mean to you without having a place … (4 comments)
No doubt the current market conditions have changed in nearly every real estate market across the country. In Hemet, CA, we have seen dramatic transformations over a year earlier, which is why it is so important to properly understand the value of a home in today’s market – whether you are trying to buy or sell an REO (Real Estate Owned – bank owned homes) or other property.
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