san jacinto: SAN JACINTO, CA | MARKET SNAPSHOT | SHORT SALES GATHER STEAM
- 11/23/09 10:24 AM
The tides are changing in the local San Jacinto, CA real estate market as short sales take on a greater number of closed escrows each month, over the past 12 month period (November, 2008 thru October, 2009).Prior to June, 2009 the most Short Sales to close escrow in a month was 6, in April. December and January saw 4 and 5, respectfully and November, February and March only saw either 2 or 3 closed short sales. June reached the level of 8 closed short sales in a single month and after that we have been in double digits every month...with an … (4 comments)
san jacinto: SAN JACINTO, CA | REO/BANK OWNED | 12-MONTH MARKET REPORT | LIST vs. SOLD
- 11/23/09 09:51 AM
The Housing crises is no stranger to San Jacinto, CA, located in the Inland Empire region of Southern California (Riverside County & San Bernardino County), one of the hardest hit in the entire country.The market has been dominated by the sale of bank owned real estate with 80% of all closed transactions reported to the MLS have been bank owned - or 1,202 of the 1,501 sales that closed escrow in the last 12 months (November, 2008 thru October, 2009).
Although there are numerous ways to look at and consider these numbers, I am not trying to be philosophical … (2 comments)
san jacinto: San Jacinto, CA | Market Report | List vs. Sold | 12 Month Snapshot
- 11/23/09 09:14 AM
San Jacinto, CA at the north end of the Hemet - San Jacinto Valley has been one of the hardest hit areas in the country when it comes to foreclosures and the loss of value in residential real estate. For those who review the data on a national level, the Hemet - San Jacinto Valley is in the Southern California Region known as the Inland Empire which consists of San Bernardino and Riverside Counties.The MLS data shows that there have been 1,841 homes added to our inventory over the past 12 months (November 2008 thru October 2009) of which 1,501 homes … (0 comments)
san jacinto: CAUTION: How To Scam a REALTOR® & Gain MLS Access is Circulating on the Internet
- 11/22/09 01:52 PM
Hello fellow REALTORS® and Real Estate Agents. This is a post Urging EXTREME CAUTION. Please Re-Blog and Let as Many Know about this as Possible. As an REO Listing Agent I belong to several different sites with resources for real estate investors and as a result, I receive numerous web based newsletters, sent to my email box almost daily. While most of the information is relevant and helps me with my real estate business as I work and sell my listings to real estate investors in the Hemet - San Jacinto, CA Valley...every now and then I get a good chuckle...and every now … (50 comments)
san jacinto: San Jacinto CA | A Year in Review
- 11/22/09 01:42 PM
Have you ever gone NUTS trying to figure out a program...well I have tonight - over 2 hours on MS Excell trying to make a simple chart. My biggest problem is that instead of showing data every month, for some reaspon it only wants to generate quarterly points on the chart...and that is not going to cut it.I spent the afternoon compiling this data and it is important to me and San Jainto Real Estate. so here is the spreadsheet by itself...
Lots of good data here, broken down month by month. If you look, you'll see the number of … (0 comments)
san jacinto: 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)
san jacinto: Indicted San Jacinto Developer Just Listed His 30 Acre Estate
- 11/20/09 08:51 AM
Indicted San Jacinto Developer Just Listed His 30 Acre EstateSan Jacinto, CA has been the hotbed of local political news with 4 of our 5 City Council Members under indictment for various campaign and money laundering issues. In addition to our politicians, 4 others were also indicted including local developer, Robert Osborne the president of Osborne Development Corp. The 69 year old developer facing 90 different counts, including 25 felonies. Osborne Development has built many local tracts of some of the better homes in the valley and also has extensive land holdings in the Hemet San- Jacinto Valley, CA. Currently, the … (2 comments)
san jacinto: Look Out San Jacinto CA – I see Vultures Circling
- 11/19/09 10:22 AM
San Jacinto, CA may be having more than its fair share of problems with the recent indictments of 4 of the 5 City Council Members - to include our Mayor and five others. I am not here to condemn. Convict or even pardon the actions of the accused. Let's remember, they are only accused. Have you never been wrongfully accused at some time in your life? I know I had. At one point in my life I took the attitude that if the accusation is made then there must be some thread of truth to the charges. All I'm going to … (4 comments)
san jacinto: Political Corruption in My Town; or... San Jacinto, CA...what have we done?
- 11/18/09 12:38 AM
Last week San Jacinto CA was thrust into the national headlines as a hotbed of political corruption when 80% of the standing City Council - including our mayor, three local prominent business leaders, an elected official of the school district and a pastor from a Northern California church where charged hundreds of times with both felony and misdemeanor indictments.The charges have mostly to do with a failed attempt of one of the council members desire to seek higher office in the State Assembly. The charges cover a wide assortment of accusations which include but may not be limited to conspiracy, bribes, … (2 comments)
san jacinto: Why Does the Law Care What Escrow Company I Use...and Does it Really Matter?
- 11/16/09 04:16 PM
I just received an email from ReaLegal®, brought to me by the California Association of REALTORS® that an announcement of a form revision.This post really did start off as a simple review of the form and changes that are now in effect. Read the whole blog and find out that it is much more than that...The REO Advisory (CAR form REO) has been updated to include the notice that Buyers of REO properties in the State of California (which include the Hemet - San Jacinto Valley, CA by default) that they are not required to purchase escrow services or title insurance … (8 comments)
san jacinto: What Flavor is Your Investor Kool-Aid?
- 11/15/09 02:03 AM
I met with an investor client for the first time yesterday afternoon after spending a short time on the phone with him, after he found me through my Internet presence (can't be sure, but I think it was from here- ActiveRain).The REO property he had definitely wanted to see was a newer 4 bedroom home listed in the mid $140's. Unfortunately for him it went into escrow on Friday. Good for me, because it just reinforced what I told him during the week - that good house sell very quickly in this market.Once we got together, we went over 7 homes … (7 comments)
san jacinto: SAN JACINTO Announces 6% Grant for FIRST TIME HOMEBUYERS
- 11/15/09 01:34 AM
SAN JACINTO Announces 6% Grant for FIRST TIME HOMEBUYERS This is EXCITING NEWS: San Jacinto, CA. The Redevelopment Agency of the City of San Jacinto just released the final details of the Down Payment Assistance Program which offers a 6% Grant for first time homebuyers. That's right - 6% which can be used for a combination of down payment assistance and closing costs. The best news is it works in conjunction with the benefits available through the recently enacted bill known as "The Worker, Homeownership, and Business Assistance Act of 2009" and is commonly referred to as the $8,000 First Time Buyer Tax … (4 comments)
san jacinto: Do Big Box Stores have a Negative or Positive effect on Real Estate Values?
- 11/12/09 11:27 PM
The Hemet - San Jacinto. CA Valley has something going for it that most people don't easily recognize or understand why it has happened. We are a sleepy valley off the beaten path of Southern California - the closest freeway on ramp is about 15 miles - and that is hard to find in SoCal! Our population - for the entire valley is maybe 100,000 - not a big slice considering the millions who live in the Southland. We certainly are nor a rich or exclusive community - the average home sell for about $130,000 - far less than most other areas … (12 comments)
san jacinto: I Like My Video RAW - New Home Tour: 133 La Boca, San Jacinto CA 92582 3 BR 2 BA
- 11/11/09 02:06 PM
No matter who you are there is one universal truth that we will all be able to agree upon, once you see this raw video footage of the new listing at 133 La Boca in San Jacinto CA, 92582.Taking in the footage of the 1642 square foot home on the corner lot in West San Jacinto with it's fresh paint and new carpet does not change this universal truth for anyone. The fact that this home has a nice concrete slab patio or new kitchen appliances won't change this one bit.It does not matter that this home has a den that … (0 comments)
san jacinto: My First Video...701 Verona, San Jacinto, CA 92583 - Torino Neighborhood
- 11/09/09 10:40 AM
OK, this is not my first post on this bank owned property but I am in the process of expanding my technological skill set. I have threatened myself with video production for some time, to service my REO Real Estate Listings - but for whatever reason I was just never satisfied with anything that I produced.So I took this video over the weekend. Am I impressed...Heck No...but I did it and that's what counts.If you want to see more details about this property then you can check out my earlier post by clicking on this link: New Listing in San Jacinto, CA Torino … (5 comments)
san jacinto: Hemet - San Jacinto CA - HELP WANTED - Buyers Agent for REO Team
- 11/09/09 03:24 AM
The Excellence in Real Estate Team is Looking for Buyers Agents! A top Hemet - San Jacinto REALTOR for a successful San Jacinto real estate company is looking for a go-getter buyers agent......someone whose a self starter, and efficient multi -tasker, great with people.....and who wants to be close to the front line......without being on it. THE EXCELLENCE IN REAL ESTATE TEAM DISTINCTIONA Buyers Agent working with an REO Listing Agent Receives the Following: Knowledge of Upcoming Properties before they ever go on the market Hands-On In depth Price Strategy training Typically Full Access to REO Listings with Price and all Information … (1 comments)
san jacinto: New Listing in San Jacinto, CA Torino Neighborhood - REO Won't Last Long...
- 11/08/09 03:53 AM
First, Let me say that I rarely use the term "won't last long" because I beleive it is the kiss of death. I make fun of real estate listings all the time with similiar terms that have been on the market for months...However, this is one of those HOT PROPERTIES in a VERY DESIRABLE San Jacinto, CA Neighborhood.Here is my MLS Description (#H741469): This is the first video I ever created with a new video program from Animoto...this is the free version... If you want to know how to get here - here are the directions: Directions From the Ramona Expressway (Mountain … (1 comments)
san jacinto: San Jacinto, CA: Market Snapshot - 3 Bedroom 2 Baths
- 11/07/09 05:00 PM
The San Jacinto, CA Real Estate market is very similar to every other local real estate market in the country - it is local and has it's own unique nuances.In this Market Snapshot I am going to examine the market for 3 Bedroom 2 Bath Single Family Residential homes, across the entire city of San Jacinto and cover current statistical data and looking at sales in the city, spanning the last 90 days, only.QUANTITYACTIVE - Currently there are 57 ACTIVE real estate listings in San Jacinto that range in size from 924 square feet to 2,481 sq feet with an average … (0 comments)
san jacinto: San Jacinto, CA - City Offices & Services
- 11/07/09 05:59 AM
San Jacinto, CA - City Offices & ServicesWhen looking to buy real estate in San Jacinto, California it is nice to know that the real estate you buy is in the oldest incorporated city in all of Riverside County, CA. located in South West Riverside County portion of the Inland Empire region of Southern California - one of the fastest growing regions in the entire country.The City of San Jacinto, California, City Hall is located at 595 South San Jacinto Avenue in Building "A", San Jacinto, CA 92583. The City phone number is (951) 487-7330The City Clerk is also located at … (0 comments)
san jacinto: SHOULD I STAY OR SHOULD I GO?
- 10/27/09 11:12 AM
The song by CLASH, with the same name as this article, may have been a hit back in 1981, when they asked the question that seems to be the question of today, "Should I Stay or Should I Go?"Today, however, the question takes on a more serious tone than the confused singer in his tumultuous love affair begging for confirmation as the chorus ends with the line... If I go there will be trouble An if I stay it will be double So come on and let me know(LISTEN HERE)The tone of the question today, of course, if focused on the housing … (6 comments)
The tides are changing in the local San Jacinto, CA real estate market as short sales take on a greater number of closed escrows each month, over the past 12 month period (November, 2008 thru October, 2009).Prior to June, 2009 the most Short Sales to close escrow in a month was 6, in April. December and January saw 4 and 5, respectfully and November, February and March only saw either 2 or 3 closed short sales. June reached the level of 8 closed short sales in a single month and after that we have been in double digits every month...with an … (4 comments)
;)
;)
;)
