Market Update : riversideside pool home

CNN Says Housing Market may be Stabilizing!

Liane Thomas — Sun, 05 Jul 2009 21:20:00 GMT

CNN is searching for a bottom in the housing market

With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing.

So what does that mean to you?

Although sales of existing, single-family homes rose 35.2 percent in May in California, compared with a year ago, the median price declined 30.4 percent during that same year. Some industry analysts predict that as specialized adjustable-rate mortgages, known as option ARMS and Alt-A mortgages, reset over the next 18 to 24 months, prices could decline further before stabilizing.

"We are seeing strong buying activity, particularly in those boom and bust markets, where prices have declined significantly. Buyers are coming in and fighting over properties -- there is multiple bidding in California and Florida," says Lawrence Yun, chief economist with the NATIONAL ASSOCIATION OF REALTORS(R).

Sales of existing homes are soaring as many investors and first-time buyers purchase distressed properties. Yun estimates that about 50 percent of current sales involve distressed properties, and he expects the trend to continue as foreclosures rise in the months ahead.

Although some economists predict home prices will continue to decline in the coming months, California'ss median home price rose for the third consecutive month in May, posting the largest monthly increase on record for the month of May.

Some buyers are trying to time the bottom of the market and purchase once it appears that prices are consistently and steadily rising. Many housing forecasters advise against this approach as buyers should not view their homes solely as investment opportunities. Historically, the average annual rate of return on a home lived in for five years or more is nearly 12 percent, based on data C.A.R. has collected over the last 40 years.

If you are thinking of selling your home, now is an excellent time with low inventory and the seasonal spike we get this time of year. Even if you are underwater on your home, like so many families, we'd like to help you find a solution. Call for a free consultation. Thanks!

Liane Thomas, REALTOR(R), CDPE
The Thomas Group, Keller Williams Realty
Serving Corona, Norco, Riverside, and Surrounding Communities
www.AllCoronaHomes.com
951 454-3805

10478 Pendleton Street in La Sierra is Sold!

Liane Thomas — Sat, 23 May 2009 20:09:00 GMT

La Sierra, Riverside - The single story at 10478 Pendleton Street has been sold.

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Why this may be the BEST time to upgrade to your dream home!

Liane Thomas — Fri, 01 May 2009 15:04:00 GMT

Here are the top five reasons current home owners should consider upgrading to their dream home:

1. Interest rates are at historic lows, which means you can buy more house than you could a year ago - for the same monthly mortgage payment.

2. Prices have come down. Even if your current home is worth less than during the last housing market peak, your dream home is likely more affordable too.

3. There are plenty of homes on the market right now, both new construction and existing, giving you lots of choice-and negotiating power.

4. You can move in to your new home faster, as many builders either have completed homes in inventory or they can start work right away due to the production slowdown.

5. You may have outgrown your home, but it’s probably someone else’s ideal starter home. With the $8,000 tax credit expiring Nov. 30, now is the time to market your home to first-time buyers.

Have questions? Please call or visit our website..

Liane Thomas
The Thomas Group, Keller Williams Realty
1860 Compton Ave
Corona, Ca. 92881
951.454.3805
www.AllCoronaHomes.com
www.FreeRiversideHomeSearch.com

Price Reduced on 10478 Pendleton Street in La Sierra

Liane Thomas — Fri, 19 Dec 2008 19:55:00 GMT

La Sierra, Riverside - Announcing a price reduction on 10478 Pendleton Street, a 1,665 sq. ft., 2 bath, 4 bdrm single story. Now MLS® $175,000 - Huge Price Reduction!.

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Price Reduced on 10478 Pendleton Street in La Sierra, Riverside

Liane Thomas — Sat, 24 Nov 2007 19:47:00 GMT

La Sierra, Riverside - Announcing a huge price reduction on 10478 Pendleton Street, a 1,665 sq. ft., 2 bath, 4 bdrm single story with pool, spa, and sauna. Now $319,000 - Huge Price Reduction! MLS® #K07076351

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Single Story For Sale in Arlington

Liane Thomas — Thu, 15 Nov 2007 15:02:00 GMT

Priced for Fast Sale!

• 1,428 sq. ft., 2 bath, 4 bdrm single story - MLS® #P595512 $340,000 - Pool Home in Riverside!

Arlington, Riverside - Large Single Story Pool Home On Corner Lot! Quiet, Tree Lined Street. Home Has Newer Carpet, Paint, And Newer Dual Paned Windows With Custom Window Blinds. There Are 4 Roomy Bedrooms, And The Master Bedroom Has 2 Closets and a private bath with full body shower. The Kitchen Is Big, And Has A Dishwasher And Trash Compactor. Covered Patio Out Back Overlooks The Pool Area, Great Set Up For Entertaining Or Large Family Parties. RV parking possible. Save Money With A Low Tax Rate And No Hoa Fees. Schedule Your Visit Today!

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Open House in Riverside on Sunday

Liane Thomas — Thu, 08 Nov 2007 02:20:00 GMT

Arlington, Riverside - We invite everyone to visit our open house at 4382 Shelby Drive on November 11 from 12:00 PM to 3:00 PM. The price has been slashed to $340,000, and seller wants to see all offers!

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Open House in Arlington, Riverside, on Sunday

Liane Thomas — Thu, 08 Nov 2007 02:19:00 GMT

Arlington, Riverside - We invite everyone to visit our open house at 4673 Toyon Road on November 11 from 12:00 PM to 3:00 PM. The price of this home has been slashed to $315,000 for a fast sale!

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Price Reduced on 4673 Toyon Road in Arlington

Liane Thomas — Thu, 08 Nov 2007 02:17:00 GMT

Arlington, Riverside - Announcing a hige price reduction on 4673 Toyon Road, a 1,119 sq. ft., 2 bath, 3 bdrm single story. Now MLS® #K07122479 $315,000 - Nice Price! Open House Sunday November 11th, bring your check book! Owner wants this one sold NOW!

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Price Reduced on 4673 Toyon Road in Arlington

Liane Thomas — Tue, 30 Oct 2007 01:11:00 GMT

Arlington, Riverside - Announcing a price reduction on 4673 Toyon Road, a 1,119 sq. ft., 2 bath, 3 bdrm single story. Now MLS® #K07122479 $330,000 - Nice Price! Seller has picked the new house and is motovated!

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Price Reduced on 4382 Shelby Drive in Arlington

Liane Thomas — Tue, 30 Oct 2007 01:08:00 GMT

Arlington, Riverside - Announcing a price reduction on 4382 Shelby Drive, a 1,428 sq. ft., 2 bath, 4 bdrm single story. Now MLS® #P595512 $350,000 - Nice Pool Home in Riverside! Newer carpet, pool work done recently, seller believes pool is solar heated!

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Price Reduced on 10478 Pendleton Street in La Sierra

Liane Thomas — Fri, 26 Oct 2007 19:33:00 GMT

La Sierra, Riverside - Announcing a price reduction on 10478 Pendleton Street, a 1,665 sq. ft., 2 bath, 4 bdrm single story. Now MLS® #K07076351 $349,000 - Fixer Priced to Sell!.

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Open House in Riverside on Sunday

Liane Thomas — Wed, 17 Oct 2007 20:26:00 GMT

Arlington, Riverside - We invite everyone to visit our open house at 4673 Toyon Road on October 21 from 1:00 PM to 4:00 PM.

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Price Reduced on 4673 Toyon Road in Arlington

Liane Thomas — Tue, 25 Sep 2007 05:44:00 GMT

Arlington, Riverside - Announcing a price reduction on 4673 Toyon Road, a 1,119 sq. ft., 2 bath, 3 bdrm single story pool home with covered patio and RV Parking. Now MLS® #K07122479 $335,000 - Nice Price!.

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Open House in La Sierra on Saturday

Liane Thomas — Mon, 24 Sep 2007 16:04:00 GMT

La Sierra, Riverside - We invite everyone to visit our open house at 10478 Pendleton Street on September 29 from 11:00 AM to 2:00 PM. This is a light fixer, with 4 bedrooms and a pool, spa, and sauna!

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