The real estate changes have hit the new home market the worse as it fell again another 2.5% nationally and approximately 3.4% locally. The amount of new homes on the market now is inventoried at approximately more that 10.5 months and seems to be continuing to grow.
The new home market is of course effected by [...]
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Posted in Real Estate on Jun 10th, 2008 No Comments »
Recently I was reading that there is hope on the horizon for Riverside County housing prices. I am not sure whether this is true or not as there are so many factors involved. I guess if I was a betting man I would say we have to be awfully close. Stats for April showed that [...]
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Posted in Temecula News on Jun 9th, 2008 No Comments »
Temecula has many things that bring tourists and residents out on the weekends. From the wineries, the Pechanga casino, taste of the town, jazz concerts in the park, and so much more, there is so much to do in Temecula, especially in the summer. It is also a great time to buy a house as kids are out [...]
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Posted in New Homes on Jun 8th, 2008 No Comments »
Most never would have guessed it two years ago but it is now true. You can now find a 4 bedroom 3 bath new home in Temecula Valley for less than 300k. That is incredible, huh? There are signs that it could even get slightly better. With the new home inventory in California at its [...]
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Posted in Short Sales on Jun 8th, 2008 No Comments »
Saving Your Credit in the Face of Foreclosure
The market continues to have its hiccups. There was an article recently in the local paper and it said that there would 800 houses a month go into default in Temecula Valley upcoming for a while. That does make things seem a little bleak but we are hoping that people will [...]
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