conventional: San Jacinto, CA MARKET REPORT: SOLDS | 10/1/2009 - 10/31/2009 | VIDEO
- 11/22/09 03:45 AM
Once again it is time to take a look at the Closed Sales for San Jacinto, CA. For this report, I'll be looking at the entire month of October, 2009. My objective is to not only provide the typical numbers that can be found almost anywhere, but to once again break them down into the very critical subcategories of Sale Type and then again by Type of Financing. In other words I'll be looking at REO Sales independently of Short Sales and FHA Loans differently than Cash Sales.In addition to the Bedroom count, Bathroom count and the Living Space Square Footage … (0 comments)
conventional: 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)
conventional: The Perfect Offer...Or Cash is Still King
- 09/30/09 06:49 PM
From where I sit as a REO Listing agent in the Hemet - San Jacinto Valley the California REO Market is finally starting to heat up. OK, it may not be sizzling, but I have seen more action in the last week than in a long time - both with buyers and my sellers.Desperate buyers are still struggling to get into escrow to take advantage of the $8,000 tax credit that is scheduled to be pulled off the table for any escrows that don't close on or before November 30th, 2009. That's only 61 days from now and our average time … (12 comments)
conventional: Real Estate Investment Pitfalls to Avoid in San Jacinto, CA
- 09/14/09 02:35 AM
The current real estate market in San Jacinto CA has many investors constantly on the look out for good real estate deals. Many of our investors are now seasoned, however there are still a number of Johnny-come-lately's who want in on the action. Not saying that they can't play in this market, but they best know what they are doing or be in the hands of a seasoned REALTOR® that knows the ins and outs.Here are a few tips on what you should avoid - for both seasoned and new investors...First, Investors should never be ‘herd' animals. Yes, there may be … (0 comments)
conventional: SAN JACINTO, CA MARKET REPORT | 7/21/2009 - 8/20/2009 | Financing Types
- 09/13/09 12:29 PM
In the previous article in this series we took a general look at the AVERAGE HOME that sold In San Jacinto, CA during the period of July 21st, 2009 through August 20th, 2009. We learned that there were a total of 110 homes that were sold and closed escrow for an average sale price of $130,834.In this section of the Market Report for both the combined 92582 and 92583 zip codes we will look at the data as it relates to the type of financing used to buy the properties that were for sale.This information is to be considered useful, but … (0 comments)
conventional: 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)
conventional: 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)
conventional: 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)
conventional: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | FINANCING by TYPE of SALE
- 09/06/09 09:58 AM
FINANCING by TYPE of SALEIn this segment to the San Jacinto Real Estate Market Report of SOLD Activity between the dates of June 21st, 2009 and July 20th, 2009 I will take a look at the various types of financing and see what effect, if any, they have on each type of Special Condition that exists in the current real estate market.Of the 110 Closed Escrows in San Jacinto, CA during this period there was one property that has a red flag on it when I examine the public records. It was listed as a "Standard Sale" and the financing type … (2 comments)
conventional: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | Averages by Type of Sale
- 09/06/09 09:51 AM
This report is part of the series of articles published as the San Jacinto CA Real Estate Market Report for Sold properties between June 21st, 2009 and July 20th, 2009.This information is to be considered useful, but please do not rely on it for any financial decisions without verifying the data for yourself. There are, of course, no guarantees to its accuracy. (As an afterthought, I added my own numbers to this San Jacinto Market Report for the same period with the 4 homes I sold in the same San Jacinto Market, during this same period. My personal differences will be published … (0 comments)
conventional: San Jacinto Market Analysis – SOLD 5/20/09 – 6/20/09 FINANCING OBSERVATIONS
- 06/21/09 10:01 AM
FINANCING OBSERVATIONS In my recent post on this series, San Jacinto Market Analysis - SOLD 5/20/09 - 6/20/09 I shared insight to the overall San Jacinto real estate market by providing a brief synopsis of current market conditions by analyzing all of the 136 residential real estate homes that closed escrow between May 20th and June 20th, 2009. In the previous segments I looked closely at each of the 4 types of financing used to buy a home in the San Jacinto CA real estate marketplace. The five previous segments published are: FINANCING - CASH, FINANCING - CONVENTIONAL FINANCING - … (0 comments)
conventional: San Jacinto Market Analysis – SOLD 5/20/09 – 6/20/09 FINANCING - CONVENTIONAL
- 06/21/09 09:28 AM
In my recent post on this series, San Jacinto Market Analysis - SOLD 5/20/09 - 6/20/09 I shared insight to the overall San Jacinto real estate market by providing a brief synopsis of current market conditions by analyzing all of the 136 residential real estate homes that closed escrow between May 20th and June 20th, 2009. In this segment, I will look closely at san Jacinto homes for sale that sold with a larger down payment and Conventional financing. Of the 136 San Jacinto, CA homes that Closed Escrow during the period of 5/20/2009 through 6/20/2009 35 were financed with CONVENTIONAL … (0 comments)
Once again it is time to take a look at the Closed Sales for San Jacinto, CA. For this report, I'll be looking at the entire month of October, 2009. My objective is to not only provide the typical numbers that can be found almost anywhere, but to once again break them down into the very critical subcategories of Sale Type and then again by Type of Financing. In other words I'll be looking at REO Sales independently of Short Sales and FHA Loans differently than Cash Sales.In addition to the Bedroom count, Bathroom count and the Living Space Square Footage … (0 comments)
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