The weekly 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 me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I  will be happy to assist you. Rancho Cucamonga Home Market Activity   Market Activity as of Oct. 26 2008* Oct. 26 2008 Oct. 19, 2008 Rancho Cucamonga Homes Listed During Week 41 41 Homes Listed as Pending During Week 35 107 Total Number of Homes Listed for Sale 814 825      Single-Family (no monthly fee) 531 547      Homes in Assoc... 10/27/2008

The number of foreclosure postings dropped dramatically in September, but not because there are fewer homeowners in distress. Instead, the numbers are down because of a new law requiring lenders to contact homeowners and then wait 30 days before filing foreclosure notices. The goal is to encourage loan modifications that enable homeowners to stay in their home. A total of 883 Rancho Cucamonga properties were in the foreclosure process on Oct. 19, 2008, according to reports compiled from county records for the First American CoreLogic database. The weekly 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 me if you would like additional information. The figures were compiled... 10/20/2008

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.   Rancho Cucamonga Home Market Activity   Market Activity as of Oct. 12, 2008* Oct. 12, 2008 Oct. 5, 2008 Rancho Cucamonga Homes Listed During Week 67 53 Total Number of Homes Listed for Sale 854 750      Single-Family (no monthly fee) 555 503      ... 10/13/2008

Hello all my Inland Empire Activerain agents! I have a special offer for this issue. I will put all your listings online to over 35 Real Estate websites, a full page in my book AND no contract. I am offering this for $460.00, that is less than $16.00 a day for your advertising, divide that by 9 listings in the book and its less than $2.00 per property per day. You will also have the ability to track your leads online, add inventory, see how much movement each listing is getting, etc. I have my design team standing by to assist with your page. In this market we have to stay ahead of the curve and advertisng is key. Please let me know by Friday and we will set you up! Consumers are looking and WILL they find you? Let me put you infront of 48 million online viewers today!   Thank you! Jeff... 10/09/2008

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. Rancho Cucamonga Home Market Activity   Market Activity as of Sept. 28, 2008* Sept. 28, 2008 Sept. 21, 2008 Rancho Cucamonga Homes Listed During Week 46 56 Total Number of Homes Listed for Sale 769 771      Single-Family (no monthly fee) 504 501      Homes in Associations (such as condos) 265 270 Vacant Homes for Sale 307 304 Short Sales 254 263 Lender-Owned Homes for Sale 122 125 Homes Sold During Week 20 16 Homes for Lease 126 127      Me... 09/28/2008

Recently Fannie Mae & Freddie Mac issued guidelines with the intent to stop buyers from conducting a "buy and bail" strategy, which applied to ALL Conventional loans.  A "buy and bail" strategy is when a buyer purchases a new home using their current residence as a "rental property" to qualify for the new mortgage, with the intent of never leasing out their home and letting it go into foreclosure.  Up until Thursday 9/18, FHA had not adopted any of the policies issued by Fannie Mae & Freddie Mac.  But as of Friday September 19th, HUD issued new guidelines regarding these transactions and has provided a Mortgagee Letter with some of the changes to FHA loans.  There are only two exceptions in order for the borrower to defray the payments on their primary residence if it is being converted... 09/23/2008

Fifty percent of homes for sale in Rancho Cucamonga 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, Claremont - 15 percent, La Verne - 24 percent, Montclair - 49 percent, Ontario - 53 percent, Pomona - 45 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 let... 09/22/2008

Keeping your buyers informed of the steps to purchasing REO properties and short-sale properties, will actually lead a buyer to purchase. REO properties are a hot commodity. They come on the market at an excellent price, and tend to fly off within the week, pending sale. I've seen difficulty with some agents being able to convince their buyers to put an offer in on the spot. For example: the buyer goes out looking at properties, they find one they really like, and they decide to think on it for the next couple of days. Next thing you know, you are pulling up the listing to discuss placing an offer, and the property is pending sale. This means another round. Another round of looking, another round of trying to find that perfect house, more gas... Its starts with educating your buyers on ... 09/16/2008

Home-Aid is hosting the 3rd annual Project Playhouse. Auction is to be help on September 27th, 2008 at Victoria Gardens Cultural Center. An excellent fundraiser to provide temporary housing for homeless families. The playhouses are beautiful, all built by different corporations, reflecting different themes. Admission to see the playhouses is $2.50 for children and $5 for adults. They are located in the middle of Victoria Gardens.  Visit the Victoria Gardens Website Or PlayHouseIE.com   Absolutely worth seeing! An amazing opportunity to help a lot of families, that could truly use the help. 09/16/2008

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. Rancho Cucamonga Home Market Activity   Market Activity as of Sept. 14, 2008* Sept. 14, 2008 Sept. 7, 2008 Rancho Cucamonga Homes Listed During Week 40 32 Total Number of Homes Listed for Sale 774 804      Single-Family (no monthly fee) 512 526      Homes in Associations (such as condos) 262 278 Vacant Homes for Sale 302 322 Short Sales 61 255 Lender-Owned Homes for Sale 114 134 Homes Sol... 09/14/2008

 If you are in the area of Foothill and Haven in Rancho Cucamonga you must check out the Haandi Indian Restaurant. It is a great Indian restaurant that features a varied menu in which they specialize in Tandoor clay oven dishes.  Their curries can be made mild, medium or hot to match your tastes, bring a big appetite as they give you plenty. My whole family loves the varied nan, bread for you north Americans. Located at 7890 Haven in Rancho Cucamonga, near the corner of Haven and Foothill by the bowling alley, this is a must try for locals and those passing through.  You can visit them on the web at http://www.haandi.net. Empire Realty - Premium Full Service at a Discount Visit us on the web EMPIRE REALTY. Oh Yea, and great food suggestions!   09/13/2008

Model yourself. . . Victoria GardensIts amazing how much Victoria Gardens itself, has been such a beautiful part of our community. It is the place that we all call home. The Victoria Gardens mall itself is an amazing place. Absolutely beautiful, it makes me feel like I am walking in a real-life fairy tale. It is somewhere I am proud to take my family, and love to hang out, work on my laptop and grad a cup of coffee. Victoria Gardens has become more than a mall, it is the basis of our community. It is very obvious that we take pride in our community. The REO's (bank owned properties) in our community, are very well taken care of. Even the banks realize the importance of keeping this a beautiful place to live. I am very active in Real Estate here in Rancho Cucamonga, and very knowledgeabl... 09/13/2008

No matter what the market, people will continue to desire to live in Rancho Cucamonga, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Rancho Cucamonga housing market continues to post brisk sales.In of July 2008, 90 single family homes and a total of 22 condos/townhomes sold, down 67 from last month.  My overall view of the market is still going slip even though it appears to be getting a little summer stability. CLICK HERE for the San Bernardino County market report. Closed Sales for July 2008: Up 10 from last month110 Single Family Homes25 Condos/TownhomesPending Sales for July 2008: Down 8 from last month216 Single Family Homes57 Condos/TownhomesCurrent Actives as of Today's Post: Down 33 from last month535 Single Family Hom... 09/08/2008

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 Augus... 08/31/2008

Hello Everyone,     We received notice from the City of Rancho Cucamonga they have been awarded additional funding for this fiscal year July 08 to July 09.  Please contact us if you have any questions.  Please note that these funds are first come first serve.  Homes must be in the attached area and must be REO or Foreclosed.  I've also attached information on the $7500 credit they would receive in addition to this assistance.  Please feel free to forward this to anyone who may have use.   Mike Berrios Integrity Home Finance (909) 945-8155   www.IntegrityHomeFinance.com     08/26/2008

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

The Worst Places To Find Local Real Estate Information   Stories on TV about the national real estate market are misleading to Americans.  This is because there is no such thing as a "national real estate market". Consider the latest American Housing Survey.  It found that there are 124,377,000 homes in America spread across: 50 states, with More than 30,000 incorporated cities, and with An innumerable number of neighborhoods And yet, the media repeatedly groups all 124 million homes into one giant lump and then gives an analysis.  No matter how you slice and dice the data, a home in Oregon can't be compared to a home in Mississippi.  This is why national real estate statistics are somewhat useless. To get real estate analysis that matters, look local instead.  And I don't mean stats fr... 08/22/2008

The Median Home Sales Price Fell Nationally, But "National" Data Is Irrelevant   Each month, the National Association of Realtors® releases a study called the Existing Home Sales report.  It's a detailed look at "used" home sales data from all four regions of the country. One of the key findings in each Existing Home Sales report is something called the "median sales price", the statistical price point at which half of the homes in the U.S. sold for more, and half sold for less.  Last month, the median sales price in the United States fell to $215,100, off 6.1 percent from a year ago.  But, just because the median sales price is falling doesn't mean that housing is necessarily in the doldrums.  Real estate is tied to local markets and the national statistics rarely make sense when appli... 08/17/2008