NAR: Pending real estate sales jump in January | Temecula Real Estate News

by Monica Atherton March 3, 2012 Latest News

More homes went under contract in January compared to December and a year ago, according to an index released today from the National Association of Realtors that tracks pending sales of existing U.S. homes.

NAR’s Pending Home Sales Index, which is based on purchase contracts signed but not yet closed, rose 8 percent from January …

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Temecula Real Estate Market Update

by Monica Atherton March 2, 2012 Latest News

Temecula Home Prices along with historic low interest rates is making  Temecula the place to buy a home.   We continue to see first time home buyers purchasing homes with a monthly payment significantly less than what they would have paid in rent.  Rental properties are at a premium which has caused the monthly rent …

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Temecula Investment Properties

by Monica Atherton February 27, 2012 Latest News

Increasingly more people are looking to renting as an affordable, flexible lifestyle option, causing apartment vacancies to fall to their lowest point in 10 years. Reis reported that the apartment vacancy rate dropped to 5.2 percent in Q4 of 2011, down from their reports of 5.6 percent in Q3 of 2011. This higher demand for …

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Existing-home sales post third gain in 4 months | Temecula Real Estate News

by Monica Atherton February 25, 2012 Latest News

Increased demand from investors and first-time homebuyers helped boost existing-home sales in January — the third increase in the past four months, the National Association of Realtors reported.

NAR said total existing-home sales — including single-family homes, townhomes, condominiums and co-ops — were up 4.3 percent from December to January, to a seasonally adjusted annual rate …

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Proposed Bill to Speed Up the Temecula Short Sale Process and Prevent Foreclosure

by Monica Atherton February 22, 2012 Latest News

To avoid losing homes to foreclosure due to long response times for short sale transactions, three senators introduced legislation to speed up the short sale process.

Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) proposed the bill addressing the issue of short sales timelines on February 17. A short sale is a …

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Temecula Housing Expected to Add to GDP for First Time in 7 Years

by Monica Atherton February 22, 2012 Latest News

The 2012 outlook is improving modestly from a disappointing 2011. Economic growth picked up in the fourth quarter of 2011 to 2.8 percent and is expected to come in at 2.3 percent for 2012, up from 1.6 percent growth for all of last year, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. However, …

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6 tips for selling your Temecula Home

by Monica Atherton February 18, 2012 Latest News

Some homeowners have been waiting for years for a better housing market and a good time to sell. Is it better to wait a few more years and see if you can realize a higher sale price, or sell now and move on with your life?

The motivation for selling is a key factor. Are you …

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5 Negotiation Insights for the Temecula Foreclosure Market

by Monica Atherton February 16, 2012 Latest News

Reactions to the prospect of negotiating run the gamut, almost like a Rorschach of people’s comfort levels when it comes to thinking, talking and asserting themselves about money matters. Some people get so excited about haggling they adopt an entirely new persona when the time comes to talk their way into saving even a few bucks …

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Living in La Cresta – Murrieta Real Estate

by Monica Atherton February 4, 2012 Murrieta

Located just minutes west of the 15 freeway in Murrieta is La Cresta. Perched in the hills between the Santa Rosa Ecological Reserve and the Cleveland National Forest, this amazing community offers something for everyone. Known for its miles and miles of horse trails, these minimum 5 acre parcels offer luxury estates, horse ranches and …

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Temecula Real Estate Tax Breaks

by Monica Atherton February 2, 2012 Latest News

Technically speaking, April 15th is tax day. But for Americans who expect a refund – including many homeowners who want to cash in on real estate-related tax perks – filing sooner holds the promise of getting that check in hand, stat.

If you count yourself in that number, here’s a handy guide for 9 pieces of …

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