Rancho Cucamonga, CA Real Estate News

By Robert Huntsinger, Empire Realty Upland, CA - Full Service at a Discount
(Empire Realty)
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...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
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...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
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...
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By Mike Berrios, CMPS, CMA, CLA
(Integrity Home Finance)
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    
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
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...
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By Mike Berrios, CMPS, CMA, CLA
(Integrity Home Finance)
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...
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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...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
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...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Eleven previously-owned homes closed escrow in Rancho Cucamonga, CA, during the week ending August 9, 2008, and 31 Rancho Cucamonga 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 42 new Rancho Cucamonga listings were added during the week, for a total inventory of 817 previously-owned homes listed in Rancho Cucamonga on August 10, including 536 single-family homes with no monthly fees and 281 condominiums, town homes and single-family homes in associations. The MLS listings indicated 292 of homes currently on the market w...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Twenty-one previously-owned homes closed escrow in Rancho Cucamonga during the week ending August 2, 2008, and 36 Rancho Cucamonga 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 34 new Rancho Cucamonga listings were added during the week, for a total inventory of 821 previously-owned homes listed in Rancho Cucamonga on August 3, including 543 single-family homes with no monthly fees and 278 condominiums, town homes and single-family homes in associations. The MLS listings indicated 292 of homes currently on the market wer...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Seventeen previously-owned homes closed escrow in Rancho Cucamonga during the week ending July 26, 2008, and 31 Rancho Cucamonga 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 68 new Rancho Cucamonga listings were added during the week, for a total inventory of 839 previously-owned homes listed in Rancho Cucamonga on July 27, including 554 single-family homes with no monthly fees and 285 condominiums, town homes and single-family homes in associations. The MLS listings indicated 282 of homes currently on the market were vacant. O...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Sixteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending July 19, 2008, and 29 Rancho Cucamonga 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 45 new Rancho Cucamonga listings were added during the week, for a total inventory of 827 previously-owned homes listed in Rancho Cucamonga on July 20, including 545 single-family homes with no monthly fees and 282 condominiums, town homes and single-family homes in associations. The MLS listings indicated 282 of homes currently on the market were vacant. Of the homes for sale in Rancho Cucamonga, 240 were listed as...
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By Robert Huntsinger, Empire Realty Upland, CA - Full Service at a Discount
(Empire Realty)
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 June 2008, 142 single family homes and a total of 37 condos/townhomes sold, up 43 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 June 2008: Up 5 from last month100 Single Family Homes25 Condos/TownhomesPending Sales for June 2008: Up 11 from last month225 Single Family Homes56 Condos/TownhomesCurrent Actives as of Today's Post: Down 20 from last month564 Single Family Homes1...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fifteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending July 12, 2008, and 39 Rancho Cucamonga 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 49 new Rancho Cucamonga listings were added during the week, for a total inventory of 833 previously-owned homes listed in Rancho Cucamonga on July 6, including 546 single-family homes with no monthly fees and 287 condominiums, town homes and single-family homes in associations. The MLS listings indicated 284 of homes currently on the market were vacant. Of the homes for sale in Rancho Cucamonga, 253 were listed as "short sales" and 95 were being  sold by t...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Sixteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending July 5, 2008, and 21 Rancho Cucamonga 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 43 new Rancho Cucamonga listings were added during the week, for a total inventory of 851 previously-owned homes listed in Rancho Cucamonga on July 6, including 556 single-family homes with no monthly fees and 283 condominiums, town homes and single-family homes in associations. The MLS listings indicated 295 of homes currently on the market were vacant. Of the homes for sale in Rancho Cucamonga, 248 were listed as "short sales" and 104 were being  sold by t...
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By James Muhammad, RE/MAX Vision
(RE/MAX Champions)
    FHA Wants To Eliminate No Down Payment Loans     Mortgages that allow consumers to put little if any money down when buying a home have largely disappeared as a financing option available from private lenders.  But they are still available-and growing more popular-through a government backed program.   That's raising concerns among critics who blame no-money-down mortgages for many of todays housing market woes.   And while federal housing officials are moving to end the practice, for now home builders are promoting the programs to move unsold inventory. These programs are made possible due to down-payment assistance programs run by nonprofit organizations like, HART and others.  These programs are funded largely by home builders and also by private homeowners desperate to sell.  Th...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fifteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending June 28, 2008, and 34 Rancho Cucamonga 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 44 new Rancho Cucamonga listings were added during the week, for a total inventory of 856 previously-owned homes listed in Rancho Cucamonga on June 29, including 577 single-family homes with no monthly fees and 279 condominiums, town homes and single-family homes in associations. The MLS listings indicated 303 of homes currently on the market were vacant. Of the homes for sale in Rancho Cucamonga, 236 were listed as "short sales" and 103 were being sold by ...
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By TODD PICCONI 909.908.7376 HELPING YOU FIND HOME., Patient, Persistent and Positive About Your Move
(TODD PICCONI REAL ESTATE)
Hope you're all having a great, awesome, positive week. If not, and you need some help, I found this today....and wanted to share it with you. http://www.skyradionet.com/bestcoaches.cfm   I love the fact that you can listen to some of our "Best Coaches"....like Tony Robbins for FREE. Tony grew up nearby to where I live and I have always found him to be helpful and inspirational. There are many more Coaches on this website. Bookmark it and save it for a rainy day....even if it's in the Summertime. Hope you find this to be helpful.....I love it!! Todd    
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By TODD PICCONI 909.908.7376 HELPING YOU FIND HOME., Patient, Persistent and Positive About Your Move
(TODD PICCONI REAL ESTATE)
There are some Realtors in California (northern and southern) who are having Repo Bus Tours. They meet at 9am, load up their bus with potential Buyers and away they go. Have any of you tried this?  I am not sure of their closing rates?  I'd be curious to hear any feedback you have on this or if you know for a fact that it is working?? I have contemplated doing Repo Seminars instead....where Buyers could come get educated about Repo Homes and the in's and out's of purchasing them and the process, what to expect, etc. I think this will work better for me...but am still staying open. Thanks for your feedback. Night
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By TODD PICCONI 909.908.7376 HELPING YOU FIND HOME., Patient, Persistent and Positive About Your Move
(TODD PICCONI REAL ESTATE)
I talked with the gal that I purchase alot of my marketing materials with a few months back and I remember in the conversation, she mentioned, "Todd, you should do some stuff in green...Everyone is going green now!!"... Well, it finally sunk in. Now I have ordered my new notepads in green, light green paper with Kelly Green Imprint colored ink. Also, have contemplated doing my post-it's in green or with alot of green on them. Also, green pens.....You can do everything in GREEN.  LOL It's not only good to be aware of conserving energy, gas, paper (except for the pads!!), but it's also important to be able to market yourself and grow your business.  If you can do this and also be current with a public awareness, more power to you!!
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