Posted in Real Estate, Short Sales, Temecula News, Uncategorized on Aug 21st, 2008 No Comments »
There is a new California Law that was signed by the Governor in July and will take effect in September, which is SB-1137. The purpose of the law is to ensure that neighborhoods that have been hit hard by foreclosures and bank owned properties to stay maintained and to ensure that the lenders are actually trying to [...]
Posted in New Homes, Real Estate on Jun 25th, 2008 No Comments »
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 [...]
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 [...]