Buyers, have you found that when trying to purchase a home here in the Inland Empire that you are running up against multiple offers? Are you frustrated because you cannot seem to get an offer accepted? Well, join the crowd. It seems this is the norm right now. Do you have any idea why this may be? Well, there are several reasons. The first one is that you have a lot of competition due to the interest rates being so low. The second reason is that there are not enough homes on the market right now. We need the sellers to list, but they are not listing for many reasons. They are not listing because they may still be under water, but they don't want to do a short sale. They are waiting for the values to come up even more. So, they are holding out. Even the new home builders are not releasing homes like they were. They are only releasing a few homes in a phase. Lennar for example is only releasing 4 homes in a phase. That is kind of unheard of...phase releases before were much higher depending on the developer of course.
I have gone out with buyers and we have the same situation happening. All agents have it happening. It is just as frustrating for us because we really really REALLY would like to find you a home. Many times homes are sold even before they hit the MLS due to networking done by agents. However, finding a home can still be done of course, but you really need to be patient and also persistent. You need to be ready, willing, and available to look at homes as soon as a home comes on the MLS. And, you really need to listen to your real estate agent as far as what they tell you they need when it comes to an offer. I make sure we have all our "ducks in a row" before we even go out looking at homes so we are one step ahead of other buyers.
I can help you find a home if you are looking in the Inland Empire. Just give me a call 951-204-1864.
Looking forward to helping you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
Thursday, January 24, 2013
Wednesday, January 23, 2013
Sellers-Inventory is Low-We Need More Listings!
Sellers, if you have any desire to sell your home, now is the best time to do so because there is such a lack of inventory out there and a HIGH demand by buyers. Right now, if your home is priced right, it should get multiple offers quickly. If you are even thinking of selling, you should sell if you are serious.
With more buyers able to purchase now because of interest rates making buying a home so much more affordable, we have too many buyers and not enough homes! It used to be that there were investors purchasing homes and rehabbing them to make some money and flip these homes quickly. However, even the investors are holding on to homes. I am guessing it's because of the rental industry now. There are more people who lost their homes that have had to rent due to their credit etc which in turn has driven up the need for rentals. So, the investors that used to turn and flip homes are holding on to them now.
There are still many sellers that are upside down and would not make anything if they sold their homes (or they may still lose money which they don't need to do nor do they want to do a short sale) so they are not selling their homes either.
Home building is at an all time low also. I just went to Lennar up by Glen Helen and they are only releasing 4 homes in each phase...wow...only 4 homes. It used to be they would release a lot more homes. So, there is also a demand for new homes with waiting lists for most of these to be built.
Sellers, it is a seller's market right now, so if you are thinking of selling, give me a call and I will help you get your home sold for top dollar and quickly. I will give you a FREE market analysis so you can decide if you want to sell. Give me a call today 951-204-1864.
Looking forward to helping you sell your home!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
With more buyers able to purchase now because of interest rates making buying a home so much more affordable, we have too many buyers and not enough homes! It used to be that there were investors purchasing homes and rehabbing them to make some money and flip these homes quickly. However, even the investors are holding on to homes. I am guessing it's because of the rental industry now. There are more people who lost their homes that have had to rent due to their credit etc which in turn has driven up the need for rentals. So, the investors that used to turn and flip homes are holding on to them now.
There are still many sellers that are upside down and would not make anything if they sold their homes (or they may still lose money which they don't need to do nor do they want to do a short sale) so they are not selling their homes either.
Home building is at an all time low also. I just went to Lennar up by Glen Helen and they are only releasing 4 homes in each phase...wow...only 4 homes. It used to be they would release a lot more homes. So, there is also a demand for new homes with waiting lists for most of these to be built.
Sellers, it is a seller's market right now, so if you are thinking of selling, give me a call and I will help you get your home sold for top dollar and quickly. I will give you a FREE market analysis so you can decide if you want to sell. Give me a call today 951-204-1864.
Looking forward to helping you sell your home!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
How Many Homes Are Available in LaCresta (Murrieta, California) NOW?
I have always loved LaCresta which is a very beautiful area in the hills in Murrieta, California. I have loved it so much that I purchased my retirement home there. I love the area so much because of so many reasons. The first reason is that it really makes you feel that you are living somewhere else and not in the hustle and bustle of Southern California. You feel as if you are in the Country, and yet still so close to stores and the 15 freeway. You can enjoy both worlds while having some room between you and your neighbors.
If you love horses, this is surely the place to be. You can have many horses on these lots. Nothing is zoned less than 5 acres in LaCresta. There are miles and miles of riding trails as well. The Santa Rosa Ecological Preserve is another awesome spot to ride your horses, or just to take a hike. This area is a hidden gem!
Right now in the Murrieta hills area West (LaCresta) there are 56 homes for sale with 51 being STANDARD SALES!!!! Right now there is a home that is 3935 square feet on 5.04 acres which is a 4 bedroom 3 bath home for sale for $575,000...can you believe it? I cannot!!! The highest priced home in $4,500,000.00 which is 9389 square feet 6 bedrooms, 4 full baths, 3 - 3/4 baths and 3 - 1/2 baths on 21.01 acres. WOW...and this home is a beauty---you should see the barn. It is so beautiful as well.
If I can help you find a home in Murrieta, California, anywhere in LaCresta, Tenaja, DeLuz, Temecula or anywhere in Southern California, let me know. It would be my pleasure to help you!
Looking forward to meeting you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
If you love horses, this is surely the place to be. You can have many horses on these lots. Nothing is zoned less than 5 acres in LaCresta. There are miles and miles of riding trails as well. The Santa Rosa Ecological Preserve is another awesome spot to ride your horses, or just to take a hike. This area is a hidden gem!
Right now in the Murrieta hills area West (LaCresta) there are 56 homes for sale with 51 being STANDARD SALES!!!! Right now there is a home that is 3935 square feet on 5.04 acres which is a 4 bedroom 3 bath home for sale for $575,000...can you believe it? I cannot!!! The highest priced home in $4,500,000.00 which is 9389 square feet 6 bedrooms, 4 full baths, 3 - 3/4 baths and 3 - 1/2 baths on 21.01 acres. WOW...and this home is a beauty---you should see the barn. It is so beautiful as well.
If I can help you find a home in Murrieta, California, anywhere in LaCresta, Tenaja, DeLuz, Temecula or anywhere in Southern California, let me know. It would be my pleasure to help you!
Looking forward to meeting you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
How Many Homes Are Available In Claremont, California NOW?
Right now in Claremont, California there are a total of ONLY 47 homes on the market with 38 of these being STANDARD sale single family homes. The prices run from $325,000 for a home with 1502 square feet with a 7817 square foot lot, 3 bedrooms, 1 full bath and 1- 3/4 bath.
The highest priced home in Claremont, California is a 4 bedroom 5 bath home that is 6000 square feet with a lot that is 1.5 acres. This home is priced at $3,700,000.00. Absolutely stunning....
If you would like to look at homes in Claremont, California, you can give me a call at 951-204-1864 and I will be happy to help you find your dream home.
Looking forward to hearing from you,
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
The highest priced home in Claremont, California is a 4 bedroom 5 bath home that is 6000 square feet with a lot that is 1.5 acres. This home is priced at $3,700,000.00. Absolutely stunning....
If you would like to look at homes in Claremont, California, you can give me a call at 951-204-1864 and I will be happy to help you find your dream home.
Looking forward to hearing from you,
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
How Many Homes Are Available In Upland, California NOW?
I am so glad you asked! Right now there are a total of 74 homes-ONLY 74 homes-wow...where has all the inventory gone? Of the only 74 homes in Upland, California there are 58 STANDARD sales...wow...STANDARD SALES!!!!! Homes are ranging from 1022 square feet with a 6773 square foot lot, 3 bedroom, 1 bath for $220,500 all the way to a home that has to die for views and 8500 square feet of living space on 2.71 acres with 5 bedrooms, 5 full baths and 2 half baths for only $4,900,000.
There are many prices in between those of course! Give me a call today at 951-204-1864 so I can help you find your dream home in Upland, California!
Kind regards,
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
951-204-1864
There are many prices in between those of course! Give me a call today at 951-204-1864 so I can help you find your dream home in Upland, California!
Kind regards,
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
951-204-1864
How Many Homes Are Available in Fontana, California Now?
Right now in Fontana, California there are 141 homes available. Most of these homes are standard sales...STANDARD sales...sorry, I get a bit excited when we are really dealing with the sellers and not the banks! It makes things (typically) a lot easier to deal with! There are 86 STANDARD sales, 10 NOD's (Notice of Defaults), 19 REO's (Real Estate Owned- which means these homes were foreclosed on and now being sold by the Banks) and only 34 short sales.
Homes are ranging in price for a 2 bedroom, 1 bath home, which is 836 square feet $113,400 to a home which is 1528 square feet on a 19,500 lot, 2 bedroom, 1 bath with another 2.14 acres of vacant land that can be developed into an industrial park (per the MLS listing). They are asking $939,900 for this one. There are larger homes available with less land, this was the highest priced listing as of today.
If I can help you find a home in Fontana, California, please let me know as I specialize in Fontana, California as well!
Looking forward to helping you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
Homes are ranging in price for a 2 bedroom, 1 bath home, which is 836 square feet $113,400 to a home which is 1528 square feet on a 19,500 lot, 2 bedroom, 1 bath with another 2.14 acres of vacant land that can be developed into an industrial park (per the MLS listing). They are asking $939,900 for this one. There are larger homes available with less land, this was the highest priced listing as of today.
If I can help you find a home in Fontana, California, please let me know as I specialize in Fontana, California as well!
Looking forward to helping you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
How Many Homes Are Available in Rancho Cucamonga, California?
What a great question! Right now as of this date, there are a total of 116 homes for sale in Rancho Cucamonga, California. And, can you believe it...89 of them are STANDARD SALES...yes you heard it correctly. Times are a changin'!!! Used to be we only had a majority of homes that were short sales, but we are finally getting back to standard sales which is great!
Right now there are homes in Rancho Cucamonga, California ranging from $190,000 for an 1152 square foot home, 4 bedrooms, 2 bath on a 7344 square foot lot. And, we have the highest home on the market as of today being $1,430,000 which is a beautiful 5 bedroom, 4 full baths and 2 half baths home which is 6421 square feet on a 23,568 square foot lot. There are many price ranges in between of course!
Call me today if you would like to take a look at some of these beautiful homes here in Rancho Cucamonga. After all, I am your Rancho Cucamonga, California specialist!
Looking forward to hearing from you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrancho.com
Right now there are homes in Rancho Cucamonga, California ranging from $190,000 for an 1152 square foot home, 4 bedrooms, 2 bath on a 7344 square foot lot. And, we have the highest home on the market as of today being $1,430,000 which is a beautiful 5 bedroom, 4 full baths and 2 half baths home which is 6421 square feet on a 23,568 square foot lot. There are many price ranges in between of course!
Call me today if you would like to take a look at some of these beautiful homes here in Rancho Cucamonga. After all, I am your Rancho Cucamonga, California specialist!
Looking forward to hearing from you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrancho.com
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