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Temecula REO Report

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Real Estate Agent with Pacific Sotheby's international Realty BRE # 01511612

Once again we are seeing sales increasing in Southern California, particularly here in Temecula. For those of you who do not know where Temecula is located we are approximately 65 miles outside of San Diego and about 85 miles outside of Los Angeles. There have many golf courses to choose from which makes it a nice place to live and even a better place to retire in. Home prices are near a 5yr. low. We are experienceing a heavy volume of bank owned homes, droping prices down to 2003 levels. This coupled with 6- 6.25% interest rates make living in Southern California very appealing.

 

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Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Scott,

ZGoes to show...no matter how beautiful the place....everyone is touched by this slow down.....good luck.

May 08, 2008 02:22 AM