California - Riverside County - San Jacinto - Market Conditions
Growth has still remained strong as demand for local housing increases. Prices (avg. home $307,000) have remained steady to increasing over the past few months with San Jacinto (pricing up 16.7%) and homes in the Hemet Zip code of 92544 (prices up 1.6%) experiencing the most activity and appreciation. Yes, appreciation. Although many parts of California and the Country in general have experienced a slide in values and activity, the Valley continues to grow and must to meet demand. The press has had some effect on the market yet, home Sellers with proper marketing still experience much activity and those with MLS exposure only, are experiencing much less activity and average time on market approaching 180 days or more.
A excellent area for investors with rents increasing over 20% in the past 18 months and projections indicating a severe shortage in future rental units. The Valley can be an excellent investment for the budding investor or experienced pro.
For more information:
Call Mission Grove Realty today to learn more about the Hemet and San Jacinto Valley: (951) 927-8940
Mission Grove Realty is located at 4140 E Florida Ave. Hemet, CA 92544.
http://www.missiongrove.com
A excellent area for investors with rents increasing over 20% in the past 18 months and projections indicating a severe shortage in furture rental units. The Valley can be an excellent investment for the budding investor or experienced pro.
For more information:
Call Mission Grove Realty today to learn more about the Hemet and San Jacinto Valley: (951) 927-8940
Mission Grove Realty is located at 4140 E Florida Ave. Hemet, CA 92544.
http://www.missiongrove.com
ZIP Codes: 92583, 92582
Location Characteristics: Created by Mission Grove Realty...
The Hemet - San Jacinto Valley and surrounding communities are surrounded by the San Jacinto Mountains. Located in South West Riverside County between the I10 and I15 freeways, the Valley is an excellent central location within an hour of Orange County, San Diego and within minutes to the mountain resort community of Idyllwild. Recent growth in the area has brought many new restaurants, shopping centers and services with many more exciting retail, residential and civic improvements coming in the future. Home to the Ramona Pageant, Diamond Valley Lake, The Western Center for Archeology and Paleontology and so much more. The Valley certainly has much to offer and the future is even brighter. Over 30,000 new homes have been built over the past 5 years and over 30,000 additional homes have either been approved or, scheduled for development. Even with the Valley's rapid growth, predictions are that the Valley will still not meet future demand and growth statistics published by the California Association of Governments. Overall, the Valley is, and will remain active for many years to come. Once known as a retirement Mecca, the Valley has now become a place for anyone to enjoy.
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