Tightening credit as a result of volatility in the banking industry and stock markets around the world is being felt in the local home market, sending the number of available homes upward again. The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Claremont Home Market Activity     Market Activity as of Oct. 12, 2008* Oct. 12, 2008 Oct. 5, 2008 Claremont Homes Listed During Week 13 5 Total Number of Homes Listed for Sale 89 113      Single-Family (no monthly fee) 84 69      Homes in Associa... 10/13/2008

There were 4,775 homes for sale in the 10 cities in my service area on Sunday, Oct. 5, according to the local Multiple Listing Service. While that's a daunting number to home buyers and home sellers alike - for different reasons - it is less than 2 percent of the number of existing houses in Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Since the source of the number of houses was the 2000 census, and most communities saw a boom in construction during the first half of the decade, the actual percentage is even lower. Fontana has seen home prices plummet since the giddy "Build, Build, Build" years shortly after 2000, when northern Fontana homes and home prices shot skyward. Based on current listings and the number of homes report... 10/06/2008

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Claremont Home Market Activity     Market Activity as of Sept. 28, 2008* Sept. 28, 2008 Sept. 21, 2008 Claremont Homes Listed During Week 8 9 Total Number of Homes Listed for Sale 114 122      Single-Family (no monthly fee) 74 79      Homes in Associations (such as condos) 42 43 Vacant Homes for Sale 32 31 Short Sales 11 12 Lender-Owned Homes for Sale 9 6 Homes Sold During Week 4 2 Homes for Lease 15 13      Median Monthly Lease Payment $... 09/28/2008

Fifteen percent of homes for sale in Claremont and almost two-thirds of the homes listed in Fontana - 63 percent - have either been foreclosed or are in the foreclosure process, according to figures posted Sept. 21, 2008 by the Inland Multi-Regional Multiple Listing Service. The percentage of available homes either owned by lenders or offered as "Short Sales" varies widely in other local cities, according to the MLS: Chino - 46 percent, La Verne - 24 percent, Montclair - 49 percent, Ontario - 53 percent, Pomona - 45 percent, Rancho Cucamonga - 50 percent, San Dimas - 40 percent, and Upland - 38 percent, as of Sept. 21, 2008.  The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Please l... 09/22/2008

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Claremont Home Market Activity     Market Activity as of Sept. 14, 2008* Sept. 14, 2008 Sept. 7, 2008 Claremont Homes Listed During Week 1 9 Total Number of Homes Listed for Sale 111 116      Single-Family (no monthly fee) 70 73      Homes in Associations (such as condos) 41 43 Vacant Homes for Sale 27 31 Short Sales 5 12 Lender-Owned Homes for Sale 5 7 Homes Sold During Week 0 3 Homes ... 09/14/2008

No matter what the market, people will continue to desire to live in Claremont, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Claremont housing market is starting to show signs of a slowing market.  In of July 2008, 7 single family homes and 2 condos/townhomes sold, down 13 from last month.  My overall view of the market is still slipping, Click Here to view an article that explains the housing market in the Inland Empire. Closed Sales For July 2008: Up 7 from last month 21 Single Family Homes 2 Condos/Townhomes Pending Sales For July 2008: down 12 from last month 20 Single Family Homes 4 Condos/Townhomes Current Actives As of Today's Post: Up 5 from from last month 98 Single Family Homes 17 Condos/Townhomes Foreclosure Activi... 09/07/2008

The number of previously owned homes on the market has dropped dramatically in the past six months in the cities of Chino, Montclair and Ontario, according to figures available from the Inland Multi-Regional Multiple Listing Service. Chino showed the largest drop - 27 percent - in the number of homes listed for sale in the MLS, closely trailed by Ontario, with 23 percent fewer homes listed than on March 9, 2008. In Montclair, the number of previously owned homes listed for sale in the MLS was 22 percent lower on September 7 than on March 9, 2007.  Elsewhere in the region, San Dimas showed the least amount of change, with 136 previously owned homes for sale on March 9 and 135 for sale on Sept. 7. The change was also slight in Claremont, where 118 homes were for sale on March 9 and 116 on... 09/07/2008

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well.  I am working this holiday weekend. If you are interested in purchasing or selling a home in western San Bernardino County or eastern Los Angeles County, please do not hesitate to contact me by phone or e-mail.  The figures below were compiled from information provided by the Inland Multi-Regional Multiple Listing Service. For additional information, please call Ila Josephs at (909) 261-3541 or send an e-mail message in the form at the bottom of the page. Market Activity as of Augu... 08/31/2008

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. The "Prior Week" column is information for the week ending August 16, 2008. During the past year, the number of listings in each city have declined, along with prices. The number of homes sold is increasing as home buyers take advantage of lower prices and low interest rates.  There are some signs that housing prices may be leveling off - multiple offers on bank-owned properties and renewed construction in nearly every Inland Valley city. The figures below were compiled from information provided by the Inland Multi-Regional Multiple... 08/24/2008

It's still a Buyer's Market for Inland Empire home sales. The Housing and Economic Recovery Act of 2008 signed by President Bush in late July offers encouragement to home buyers to jump into the market now, before rising interest rates rise and seller-financed down payment assistance programs end October 1, 2008. July home sales statistics are due to be released this week and will be reported on my website; you can click on http://marketreport.ilajosephs.com for a direct link. I'm also adding a new section to my weekly report this week. Look below for a comparison to home sales data for February 17, 2008, and see the changes that have taken place in the past six months. The following information was compiled from information reported in the Inland Multi-Regional Multiple Listing Service... 08/17/2008

Homes Sold: Four previously-owned homes closed escrow in Claremont, CA, during the week ending August 9, 2008, and six Claremont homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                       Homes for Sale: The MLS said seven new Claremont listings were added during the week, for a total inventory of 104 previously-owned homes listed in Claremont on August 10, including 72 single-family homes with no monthly fees and 32 condominiums, town homes and single-family homes in associations. The MLS listings indicated 25 of homes currently on the market were vacant. Of the homes for... 08/10/2008

Homes Sold: Two previously-owned homes closed escrow in Claremont during the week ending August 2, 2008, and three Claremont homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                       Homes for Sale: The MLS said nine new Claremont listings were added during the week, for a total inventory of 104 previously-owned homes listed in Claremont on August 3, including 68 single-family homes with no monthly fees and 36 condominiums, town homes and single-family homes in associations. The MLS listings indicated 28 of homes currently on the market were vacant. Of the homes for sale ... 08/03/2008

Hi All, (This article was originally published on my blogsite Route66Living.com, mere moments ago, but in an effort to help it gain the widest possible audience, because it is a cause I truly believe in, I am re-posting it here as well.) If you've driven down the shady streets of Claremont in the fall you might have noticed the eye-catching red, white and blue banners lining most of the major thoroughfares.  These are the "Claremont Hero's" banners saluting those brave men and women, past and present who have selflessly served their country in our armed forces. If you've seen them you might have wondered how they got there and how folks were chosen to receive the honor.  Well, I'll tell you... Claremont Hero's is the direct result of one local resident, Army Reserve wife and mom  Debra ... 08/01/2008

Homes Sold: Three previously-owned homes closed escrow in Claremont during the week ending July 26, 2008, and three Claremont homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                       Homes for Sale: The MLS said 10 new Claremont listings were added during the week, for a total inventory of 107 previously-owned homes listed in Claremont on July 27, including 69 single-family homes with no monthly fees and 38 condominiums, town homes and single-family homes in associations. The MLS listings indicated 31 of homes currently on the market were vacant. Of the homes for sale in Claremo... 07/27/2008

Homes Sold: Four previously-owned homes closed escrow in Claremont during the week ending July 19, 2008, and three Claremont homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals. Homes for Sale: The MLS said six new Claremont listings were added during the week, for a total inventory of 101 previously-owned homes listed in Claremont on July 20, including 66 single-family homes with no monthly fees and 35 condominiums, town homes and single-family homes in associations. The MLS listings indicated 29 of homes currently on the market were vacant. Of the homes for sale in Claremont, seven were listed as "short sales" and seven were being... 07/20/2008

Four previously-owned homes closed escrow in Claremont during the week ending July 12, 2008, and four Claremont homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said eight new Claremont listings were added during the week, for a total inventory of 109 previously-owned homes listed in Claremont on July 6, including 77 single-family homes with no monthly fees and 32 condominiums, town homes and single-family homes in associations. The MLS listings indicated 35 of homes currently on the market were vacant. Of the homes for sale in Claremont, nine were listed as "short sales" and seven were being sold by the lender, according the MLS list... 07/13/2008

No matter what the market, people will continue to desire to live in Claremont, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Claremont housing market is starting to show signs of a slowing market.  In of June 2008, 21 single family homes and 1 condos/townhomes sold, unchanged from last month.  My overall view of the market is still slipping, Click Here to view an article that explains the housing market in the Inland Empire. Closed Sales For June 2008: Down 2 from last month 15 Single Family Homes 1 Condos/Townhomes Pending Sales For June 2008: Up 4 from last month 35 Single Family Homes 1 Condos/Townhomes Current Actives As of Today's Post: Down 2 from from last month 97 Single Family Homes 14 Condos/Townhomes Foreclosure Ac... 07/12/2008

Two previously-owned homes closed escrow in Claremont during the week ending July 5, 2008, and four Claremont homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said seven new Claremont listings were added during the week, for a total inventory of 107 previously-owned homes listed in Claremont on July 6, including 75 single-family homes with no monthly fees and 32 condominiums, town homes and single-family homes in associations. The MLS listings indicated 35 of homes currently on the market were vacant. Of the homes for sale in Claremont, eight were listed as "short sales" and five were being  sold by the lender, according the MLS listi... 07/06/2008

Four previously-owned homes closed escrow in Claremont during the week ending June 28, 2008, and four Claremont homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said five new Claremont listings were added during the week, for a total inventory of 107 previously-owned homes listed in Claremont on June 29, including 75 single-family homes with no monthly fees and 32 condominiums, town homes and single-family homes in associations. The MLS listings indicated 35 of homes currently on the market were vacant. Of the homes for sale in Claremont, nine were listed as "short sales" and four were being sold by the lender, according the MLS listi... 06/29/2008

Three previously-owned homes closed escrow in Claremont during the week ending June 21, 2008, and one Claremont home reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members.  The MLS said nine new Claremont listings were added during the week, for a total inventory of 111 previously-owned homes listed in Claremont on June 22, including 75 single-family homes with no monthly fees and 36 condominiums, town homes and single-family homes in associations. The MLS listings indicated 35 of homes currently on the market were vacant. Of the homes for sale in Claremont, 10 were listed as "short sales" and two were being sold by the lender, according the MLS listing ... 06/22/2008