Rancho Cucamonga, CA Real Estate News

By Shawn Grajeda, Flipping Houses
(Investment Sources )
I have worked with multiple home owners on listing their property and waiting too long for the bank to say, "Yes." I have recently been educated on how to package offers on homes and getting a response from the Lender as early as 2 weeks. This system is fast and has multiple positives to it. A typical scenario would be for a home owner to be insolvent to pay any more debt. They can no longer afford their mortgage and are ready to walk away. The home owner owes $450,000 and the new sales are $320,000. I offer them a way to save their credit and not ruin their credit with a foreclosure. The "Debt Forgiveness Act" has allowed home owner's to receive 1099 for the difference in a sale/foreclosure. In this case, it was upside down $130,000. This new bill that was past would allow the Home Own...
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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 April 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 its members. The MLS said 56 new Rancho Cucamonga listings were added during the week, for a total inventory of 920 previously-owned homes listed in Rancho Cucamonga on April 20, including 635 single-family homes with no monthly fees and 285 condominiums, town homes and single-family homes in associations. As of April 20, the MLS reported, 92 Rancho Cucamonga single-family homes or condominiums were available for leasing. Of those, the median monthly rental price was $2,050.Ila pre...
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By Kathryn Tharp, Rancho Cucamonga, Real Estate Specialist
(Realtor)
I started reading the news reports this morning regarding the housing market.  After about an hour and a half I found that I had read so many conflicting reports that my head was spinning.  Real estate is my profession, and if I am confused then I cannot imagine how confused the average individual is on this housing bubble issue.  I read reports that the housing market has been declining and may continue to do so until the end of this year.  I read another article that says, No Wait! we won't see the end of the decline and stabilization until sometime in 2010, or wait was that was 2009.  Well anyway, I am not sure.  Then I saw a report that the housing market has seen the largest decline in well I don't know how many years.  However, this article forgot to say that before the decline wa...
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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 April 12, 2008, and 25 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 52 new Rancho Cucamonga listings were added during the week, for a total inventory of 929 previously-owned homes listed in Rancho Cucamonga on April 13, including 648 single-family homes with no monthly fees and 281 condominiums, town homes and single-family homes in associations. As of April 13, the MLS reported, 94 Rancho Cucamonga single-family homes or condominiums were available for leasing. Of those, the median monthly rental price offered for single...
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By Kathryn Tharp, Rancho Cucamonga, Real Estate Specialist
(Realtor)
So you know in your heart that it is a great time to purchase a Brand New Home.  You are really excited, interest rates are once again at an all time low, which means you get a lot more home for your money.  New home builders have an excess of inventory and are offering some awesome incentives.  Incentives like premium lots, $50,000 in upgrades, reduced pricing and low interest rate, easy to get, loans.  And. you are sure you can have a home that looks just like the models, only better because everything will be of your choosing.  Heck, you may even be an experienced homeowner, so you know what to expect with homeownership.  Right?  There are things like principle, interest, taxes, and insurance.  Oh, and on a new home there won't be any upkeep, well, because it is new.  So the only thi...
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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 April 5, 2008, and 24 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 53 new Rancho Cucamonga listings were added during the week, for a total inventory of 937 previously-owned homes listed in Rancho Cucamonga on April 6, including 655 single-family homes with no monthly fees and 282 condominiums, town homes and single-family homes in associations. One Rancho Cucamonga single-family home was priced under $200,000, according to the MLS, and another 41 single-family homes were offered at less than $300,000. As of April 6, the MLS reported, 89 Rancho...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fourteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending March 29, 2008, and 19 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 50 new Rancho Cucamonga listings were added during the week, for a total inventory of 956 previously-owned homes listed in Rancho Cucamonga on March 30, including 671 single-family homes with no monthly fees and 285 condominiums, town homes and single-family homes in associations. Thirty Rancho Cucamonga single-family home was priced under $200,000, according to the MLS, and another 113 single-family homes were offered at less than $300,000. As of March 30, the MLS reported, 9...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Nineteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending March 22, 2008, and 25 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 54 new Rancho Cucamonga listings were added during the week, for a total inventory of 953 previously-owned homes listed in Rancho Cucamonga on March 23, including 677 single-family homes with no monthly fees and 276 condominiums, town homes and single-family homes in associations. One Rancho Cucamonga single-family home was priced under $200,000, according to the MLS, and another 39 single-family homes were offered at less than $300,000.Ila prepares weekly market activity repo...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending March 15, 2008, and 36 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 66 new Rancho Cucamonga listings were added during the week, for a total inventory of 973 previously-owned homes listed in Rancho Cucamonga on March 16, including 689 single-family homes with no monthly fees and 284 condominiums, town homes and single-family homes in associations. A total of 29 Rancho Cucamonga homes were priced under $200,000, according to the MLS.   Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Nine previously-owned homes closed escrow in Rancho Cucamonga during the week ending March 8, 2008, and 21 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 64 new Rancho Cucamonga listings were added during the week, for a total inventory of 970 previously-owned homes listed in Rancho Cucamonga on March 9, including 689 single-family homes with no monthly fees and 281 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Twenty-one previously-owned homes closed escrow in Rancho Cucamonga during the week ending March 1, 2008, and 21 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 46 new Rancho Cucamonga listings were added during the week, for a total inventory of 968 previously-owned homes listed in Rancho Cucamonga on March 2, including 690 single-family homes with no monthly fees and 278 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending Feb. 23, 2008, and 41 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 61 new Rancho Cucamonga listings were added during the week, for a total inventory of 1002 previously-owned homes listed in Rancho Cucamonga on Feb. 24, including 712 single-family homes with no monthly fees and 290 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San ...
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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 Cucamongahousing market continues to post brisk sales.In of January 2008, 49 single family homes and a total of 14 condos/townhomes sold, up 4 from last month.  My overall view of the market is still slipping.Closed Sales For January 2008: Up 1 from last month36 Single Family Homes12 Condos/TownhomesPending Sales For January 2008: Up 55 from last month, good to see some buyers!120 Single Family Homes32 Condos/TownhomesCurrent Actives As of Today's Post: Down 27 from last month667 Single Family Homes193 Condos/TownhomesForeclosure Activity for January 2008 - They are picking up steam, watch...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Nineteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending Feb. 16, 2008, and 30 Rancho Cucamonga homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 69 new Rancho Cucamonga listings were added during the week, for a total inventory of 1,043  previously-owned homes listed in Rancho Cucamonga on Feb. 17, including 732 single-family homes with no monthly fees and 311 condominiums, town homes and single-family homes in associations.  Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, S...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirteen previously-owned homes closed escrow in Rancho Cucamonga during the week ending Feb. 9, 2008, and 31 Rancho Cucamonga homes were reported in escrow on Feb. 10, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 95 new Rancho Cucamonga listings were added during the week, for a total inventory of 1060 previously-owned homes listed in Rancho Cucamonga on Feb. 10, including 746 single-family homes with no monthly fees and 314 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas an...
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By Stephanie and Keith Glidden, The Glidden Team
(Weichert Realtors Foothill Properties)
11776 Mount Sterling CourtRancho Cucamonga, Ca3 Bedrooms / 2.5 BathroomsListed at $395,000Do you want it all? Start with the location...above the 210 freeway in the desired Vintage Highlands. Next, the beautiful front planter with lighted landscaping with sego palms draws you in and welcomes you. Through the double door entry you'll find newer carpet (Nov 2007), granite counters in the kitchen and all bathrooms, gorgeous brick fireplace with oak mantel, recessed lighting, indoor laundry, six panel doors, sliding shutter doors, mirrored Master wardrobe and tiled Master tub/shower. The kitchen features a large window box overlooking the secluded back yard. Out back, you will enjoy the fountain and spa and the utmost in privacy. Even the refrigerator, washer, and dryer are included! This 3...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Eighteen homes closed escrow in Rancho Cucamonga during the week ending Jan. 26 and 98 homes were reported in escrow on Jan. 27, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of existing homes. The MLS said 79 new Rancho Cucamonga listings were added during the week, for a total inventory of 1,060  homes listed in Rancho Cucamonga on Jan. 27, including 748 single-family homes with no monthly fees and 312 condominiums, town homes and single-family homes in associations. During the week, 11 Rancho Cucamonga listings expired. Whether you are buying or selling real estate, you will find helpful information on my website, http://www.ilajosephs.com/. If  you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario,...
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By Jorge Merlos
(Integrity Home Finance)
Those hoping for lower overnight rates got them. "The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3.5%. The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth. While strains in short-term funding markets have eased somewhat, broader financial market conditions have continued to deteriorate and credit has tightened further for some businesses and households. Moreover, incoming information indicates a deepening of the housing contraction as well as some softening in labor markets. The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully. Appreciable downside risks to growth rem...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirteen homes closed escrow in Rancho Cucamonga during the week ending Jan. 20 and 103 homes were reported in escrow on Jan. 20, according to the Inland Multi-Regional Multiple Listing Service. The MLS said 95 new Rancho Cucamonga listings were added during the week, for a total inventory of 1,057 homes in Rancho Cucamonga on  Jan. 20, including 736 single-family homes with no monthly fees and 321 condominiums, town homes and single-family homes in associations. During the week, 35 Rancho Cucamonga listings expired. Some listings are put right back on the market, but other sellers are waiting until later in the year.  If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you.
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By Jorge Merlos
(Integrity Home Finance)
There is mounting pressure for increased limits from a number of groups for California.   We will see if this will finally carry the day, or California becomes a permanent high cost state, like Hawaii and Alaska.   Raising the Fannie Mae and Freddie Mac loan limit to $625,000 as part of a stimulus package could help 140,000 to 210,000 families escape foreclosure, increase home sales, and boost economic activity by $42 billion, according to the National Association of Realtors. "We believe that any stimulus package must address housing issues and increasing the conforming loan limits for these two government-sponsored enterprises," NAR president Dick Gaylord said. Congress and the Bush administration are trying to put together a $100-150 billion stimulus package that features mainly tax ...
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