Hemet, CA Real Estate News

By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
A "Localism Tip" and How to Leverage the Search Enginesby John Occhi, Hemet CA RealtorHemet CA Real Estate The weather in Southern California has been very cold the last few days and we have had some very light rains in Hemet.  Obviously though, other areas received much more, than what we have in Hemet CA.  You see, there is snow in the mountains that surround us and it looks beautiful.  The air is clean and brisk and the mountains are just gorgeous with the fresh fallen snow - at very low elevations. I set out with my digital camera to capture some of my favorite shots around town and capture the beauty that can only be captured after a fresh rain.  Now I'm no more a professional photographer than I am a professional SEO guru, but I think I did pretty well. So, I come home to my compu...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
My Rant - continued - Absentee Realtors and Listingsby John Occhi, Hemet CA REALTOR®Hemet CA Real EstateEarlier I wrote a Blog Post on my ActiveRain Hemet Real Estate Blog about a breed of REALTOR that I dubbed the "Absentee REALTOR®".  In that article, I covered a few of my own deficiencies as well as describing in broad terms, the geographic layout of my market, the Hemet CA Real Estate market and how it relates to other nearby markets.In the article, I focused my rant primarily on the Absentee Realtor who will take a buyer from their market and try and give them the same type of superior service they would offer in their market, but really not being able to do the neighboring area any justice.I firmly and strongly believe that Real Estate all has one thing in common - no matter where...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Another One of My Rants: Why a Local Realtor® By John Occhi, Hemet REALTOR® Hemet CA Real Estate As a Hemet California Realtor I work with both buyers and sellers when it comes to buying and selling of a home in the Hemet Real Estate market.I choose to not go outside of my market area of the "Hemet San Jacinto Valley", which covers the cities of both Hemet and San Jacinto as well as a large area of unincorporated Riverside County land known as both East Hemet and Valle Vista.Now, I may not be the sharpest pencil in the box - I am no Einstein, believe me. However, I am anything but dumb. My marketing may never make it to Madison Avenue, but I do think of myself as pretty creative and unique in a lot of ways. Perhaps one of my best talents is to embellish on what others have done before ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Another Example of "Figures Don't Lie, Liars Figure"by John Occhi, Hemet, REALTOR®Hemet CA Real EstateEarlier I wrote a blog article about the figures that are used in analyzing a market and explained a bit how they could be manipulated.  I used the figures I downloaded from my own local Hemet MLS and worked up an analysis of the Hemet Real Estate market for both the years 2005 and 2006.http://activerain.com/blogsview/31032/Figures-Don-t-LieToday, I would like to write about a practice that just came to my attention.  To me, it's an outrage and worthy of a good rant.We all know how important the housing industry figures are to our US economy.  We know that the numbers reported by big housing builders are weighed very heavily by the FED and every other economist trying to figure out what...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Willowalk - Perhaps Hemet's Premier Addressby John Occhi, Hemet REALTOR®Hemet CA Real EstateThis afternoon I had the opportunity to preview several homes in the new subdivision found at the south east corner of Sanderson and Stetson - right across the street from the Super Wal-Mart in Hemet, California.I remember when they broke ground on this development - there was much expectation   DR Horton, the builder, had beautiful signs erected on the site, showcasing beautiful waterways and large magnificent homes behind a gated community.I must admit, I never liked the concept from the very beginning - strictly for personal reasons.  The fact is I lost 2 transactions to Willowalk.  I was working with investors who decided that they might be better off buying new construction and making instan...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Why My Clients Never Ask me for a Discount!by John Occhi, Hemet REALTOR®Hemet CA Real EstateHelping a Client make the right decision is an important task, one that I just discussed in my most recent blog post here on Active Rain.  If you have not yet read it, I suggest you do so now, before reading this post.Once my clients had decided that the right price was set for the sale of their home in this market, that has an average of 110 days on market, they thought all the tough decisions were over.I shared a little technique with them.  Apparently, most consumers today believe that a REALTOR is overpaid and because of all the discounters who have entered the market (that's another rant in itself - so stay tuned) many sellers today believe they will save money by only offering a 5% (or even...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
How Do YOU Convince a Client Their Hemet Home is Worth Less than What THEY Believe it is?by John Occhi, Hemet REALTOR®Hemet CA Real EstateWe all know it isn't easy to convince a client that they have to price their home for less than what they think it is worth, in a declining real estate market.I am working with a client with a home for sale near Hemet CA, that has owned their home for 10 years.  When they bought it, they paid $75,000 and at some point about a year and a half ago they thought it was worth a $500,000.  Don't ask me why, but in their heart of hearts, they know their home was a half million dollar home.Yes, I had my work cut out for me.I ran the comps.  Unfortunately, they are in a very small neighborhood (15 homes) of smaller homes (1600 sq ft), by today's standards, of ...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
 5 reasons why the time to buy real estate in Hemet is now:Nestled in the Valley below the majestic San Jacinto Mountains, Hemet is a centrally located Southern California Community within a short drive to Orange and Los Angeles Counties, San Diego, Palm Springs and the mountain resort community of Idyllwild. Rich in history, Hemet  is located in south west Riverside County, California.  The Valleys recent growth makes it an excellent city to invest in your first home,  move up to an affordable dream home or invest for the future. We welcome you to visit our beautiful community and see why Hemet represents of the best values in California real estate................................  5 Reasons Why (The rest of the story on Google)  Mission Grove Realty Hemet, California
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
FHA Releases New Loan Limits for 2007By John Occhi, Hemet REALTOR®Hemet CA, Real EstateI saw a great article this morning that was published by Inman News about the FHA loan market.  Jack Guttentag, the author explained why the program is so valuable in today's real estate market.Jack compares the program and how it works today and compares it to 2000, when it dominated 15% of the real estate mortgage loans that consumers borrowed and how it fell to only about 5% of all real estate related homes in the year 2006.An FHA Home Loan, which is administered by the US Department of Housing & Urban Development (HUD) is a very good product and one that is often overlooked.  Hemet CA real estate, for example, the average price is still in the low to mid $3's.  So, our nicest neighborhoods won't b...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Just How does the Fed Feel?by John Occhi, Hemet REALTORHemet, CA Real EstateLast week the FED (Federal Reserve Board) released its minutes of its December 12th meeting where they decided not to raise or lower the interest rate.  Apparently, they are concerned with the national housing slump and the role it is having on the economy.A potential rate cut for the next time they meet at the end of January was talked about, but the conversation was not included in the minutes, according to an unidentified FED member, the Washington Post reported.The Hemet CA Real Estate market should respond well to this good news.  The new year is already showing more activity then we have seen in some time, an optimistic outlook for the Hemet CA homes for sale.  This should help keep mortgage rates low and ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Market Analysis:  Johnston Ave, Hemet Californiaby John Occhi, Hemet REALTORHemet CA Real EstateIf you read my earlier post of today, you'll know I was out with a client shopping for a home - looking for Hemet CA Real Estate.I shared with you what I thought was one of the great values on the real estate market today, in Hemet California.  Now I want to share my thoughts on a listing belonging to an out of town agent, for about the same price as the Thornton Ave property.I promised there is a rant stored up in me ready to come out about out of town agents trying to sell in a market they know nothing about.  I refer to them as "Absentee Realtors".  You'll have to come back and read that later.Let me tell you about this listing on Johnston Avenue in Hemet CA.  At least this listing was in ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Market Analysis:  Thornton Ave, Hemet Californiaby John Occhi, Hemet REALTORHemet CA Real Estate Today I went out with a buyer looking to find a home for her two daughters to live in. One has a 2 year old and the other is due with her first child in a few months and my client decided that there just was not enough room in her 1700 square foot, 3 bedroom home for everyone. Not only is she my client, but she has worked with a local mortgage broker, who will be helping her out with her loan for this property. So I was asked to find something in a safe neighborhood for her girls in an affordable price range - roughly $250,000 is the max I can help her spend. Of course I went to the Hemet MLS, known as TEMPO and searched the inventory to see what I could find.  I printed out MLS sheets on 12...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Where Have All the REALTORS® Gone?by John Occhi, Hemet REALTOR®I stopped by my local Realtor Association off ice this morning, paid my monthly MLS dues and had to cut loose with over $300 for my 2007 National and California Association dues.Personally, I enjoyed the experience.  It made me feel good to be a REALTOR.While I was there, another agent came in - except she was turning in her credentials and lock box key.  We didn't talk, but she had despair written all over her face.  I actually felt sorry for her.I did not know her - in fact I did not know what office she comes from.  As a matter of fact, I don't think I have ever seen her at a single Board event, including Caravan.  I wonder what she was thinking, when she got ‘in' the business.  Perhaps she benefited from the windfall of ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Triple Treat or Triple Threat... or How I Guarantee You'll Get Your Home Sold This Time!by John Occhi, Hemet REALTOR® Your home has been on the market.  You had high expectations when you decided to sell.  You probably put in a lot of effort getting the place ready, long before you ever seriously sat down and interviewed Realtors (you did interview several, didn't you?)Then you picked the player that you had the most confidence in.  I'm almost willing to bet she talked up such a good game, convincing you they could bring you ‘top dollar' for your home and not to worry about the rumors of a housing bubble - after all, it is just a figment of someone's imagination.  Before long the excitement started to wane as the days turned to weeks and the weeks months before your ‘listing' finally ex...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
What Can a Google Alert Do For You? by John Occhi, Hemet Realtor® Mission Grove Realty I want to assume that everyone knows what a "Google Alert" is, but in my heart of hearts I know I would be wrong.                                                                       Ok, for the sake of assumption, I KNOW everyone who is reading this, knows what "Google" is - the largest and most influential search engine on the internet today.So, before I get into my story, let me give those who need it, a real quick primer on Google - because the internet giant is so much more than a search engine.  I'm not going to spend this space talking about Google email - Gmail or their online photo storage - Picasa or any of their doze s of other really great tools that we should all be using to advance our ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
What Style is that Home?John Occhi, Hemet REALTOR®I was reading REALTOR Magazine online and found an interesting article about replacement windows, which I enjoyed since I was very successful at selling these a few years before I got my real estate license.Well as the internet often does, one page led to another and then another.  Before I knew it, I was on a NAR sponsored page that talks about architecture styles of homes.I spent some time here and was fascinated with the different styles.  What really fascinated me though is the lack of a coined phrase for the style of home that has sprung up in Southern California - and beyond, I'm sure, in the last few years.Of the 33 styles described and illustrated, there is nothing that truly describes what we now offer the public.  Yes, of cours...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Variable Rate Commission - Is it a Good Thing?by John Occhi, Hemet REALTOROften times a listing prospective client will ask the agent in front of them, "If you sell the home yourself, will you take less of a commission?"On the surface, that is a very legitimate question and one that you would think that the agent would jump on, to get the listing.  But, let me tell you, that this is a question you should never ask, nor do you want your agent put in that position.Why, you ask?  Because, you (the home seller) are doing yourself a disservice.Let me explain.  Let's assume you agreed to list your home at 6% commission with half going to your agent and half to the buyers agents.  (If we could use words like ‘standard' commission, it would describe this situation.  But because of allegations o...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Consumer confidence...Good News or ...by John Occhi, Hemet REALTORThe Conference Board, a private research group, announced that consumer confidence for the month of December has taken an unexpected rise, due in part to an improved job market and continued optimism about the countries economy.The revised numbers for November, 2006 settled in at 105.3 and then rose in December to 109.  This is in contrast to what economists had expected - a decline to about 101.9 from the previously reported November figure of 102.9.Of course "The Conference Board" doesn't want us to draw any conclusions from either the adjusted November or December figures.  "There is little to suggest that the pace of economic activity in the final quarter of 2006 is anything but moderately better than its uninspiring ...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
Figures Don't Lie...Liars Figureby John Occhi, Hemet REALTORI have been working with the information that I have downloaded from the Hemet MLS, sponsored by the Hemet-San Jacinto Board of Realtors.  The data has represented all of the residential properties listed and sold in each of the 3 Hemet zip codes - 92453, 92544 & 92545.The first few articles I wrote seemed to be a little off to me, so I have tweaked the data so that the numbers were more realistic to my thinking.  Some of what I was looking at just was not making sense to me.So, I spent some time excluding a number of listings - those that seemed to be the abnormalities. This is not an unusual practice.  Often times when considering a group of numbers, it is not uncommon to exclude the highest and lowest number, in order to get...
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By John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
(Mason Real Estate)
How to Get What You Deserve... by GettingTop Dollar of Your House in any Market!by John Occhi, Hemet REALTOR  This is another one of the FREE reports that I provide to my clients.  Often, this will be included in my pre-listing package, before I ever meet a potential client.   *****************************************************Often times a seller wants to squeeze every dollar that their home is worth, and that's a good thing as long as they don't want to go into the realm of make-believe values.  This ability to reap the additional hidden profits are yours...if you make the right improvements.The difference between homes are usually measured by buyers - not is square feet or bedroom count; but rather by enhanced feelings of more space, more light, more rooms and closet space, greater...
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