Menifee, CA Real Estate News

By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
Happy Valentine's Day! It is finally here. The one other day out of the year besides Halloween where my kids bring home paper bags full up to the brim with candy. I hope you all had a great Valentine's day even though the weather wasn't so picture perfect in Menifee. With all the romance in the air, let's see if folks are still focused on selling their properties. The criteria for my Menifee homes advisory and projections are single families, detached homes, with 2+ bedrooms and 2+ baths. Here are the numbers: • Total Actively Listed On Market in February: 284• Average Menifee Property Listed Price: $ 215,127• Number of Menifee Properties Sold in January: 69• Average Sold Menifee Property Price: $ 191,280• Avg Days On Market Of Homes Sold in January: 97 Let's look at what happened with ...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
The year of 2012 has finally arrived. With the new year comes new year’s resolutions and new beginnings. I hope all of you started out the year 2012 safe and healthy, ready to take on the new year. I myself have decided to get an early jump on my market reports for 2012. As usual, my market report is based on single family homes, 3+ bedrooms, 2+ baths, and detached. Let us see how Menifee did this new year:• Total Number Of Actives Listed On Market in January: 263• Average Menifee Home Listed Price: $ 223,935• Number of Menifee Properties Sold in December: 75• Average Menifee Sold Property Price: $209,054• Average Days On Market Prior To Sale in December: 90Hmmmmmm, so there have been a couple significant changes between January’s Menifee market advisory and December’s Menifee market an...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Jane Grant is a licensed Real Estate Broker in California, DRE 01109492 FACEBOOK, LinkedIN, U-Tube, Twitter, Trulia    Call toll free:  866-621-0155   Search For Murrieta Homes and Temecula Homes  Temecula Wine Country Homes Temcula is on Relocate America's best places to live Temecula Schools Get High Marks Temecula Golf Course Homes Temecula Hot Air Balloons Temecula Neighborhoods Temecula Wine Country Getaways Call for a list of homes that meet your search criteria:   866-621-0155   
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
What a great month for the city of Menifee! The climate is fantastic, the purchasing crazy, and the holiday spirit is in full effect.  As we get nearer to 2012, people continue to ask me how real estate is doing.  I think the election, the stock market, and the real estate market are really on everyone's mind at this time of year.  So I have brought my numbers together so you can keep up to date on the Menifee real estate industry. As you most likely know, my numbers are gathered based on single family homes, 3+ bedrooms, 2+ baths, and detached in nature.  This will exclude condos and townhomes but I think it to be the finest indicator of the real estate industry.  Let's take a look: Number of Actively Listed on the Market - 252 Avg. Menifee House Listed Price - $223,077 Menifee Houses ...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Menifee Lakes Homes, one of the most affordable and nicer areas of Southwest Riversde County.  On the West side where the homes were built in approximately 1989 the HOA fees and Riverside County property taxes are lower than the newer homes on the East side.   Search For Menifee Homes, Murrieta Homes and Temecula Homes Read more of my Temecula Real Estate posts.... Including Murrieta Real Estate and Southwest Riverside County Homes  Temecula Wine Country Homes Temcula is on Relocate America's best places to live Temecula Schools Get High Marks Temecula Golf Course Homes Temecula Hot Air Balloons Temecula Neighborhoods Temecula Wine Country Getaways Find Me On: FACEBOOK, LinkedIN, U-Tube, Twitter, Trulia    Call Me Toll Free:    866-621-0155 For a list of homes that meet your search crit...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Menifee, CA I recently met a client that inquired about a short sale. My process of pre qualifying a candidate for a short sale is to be certain the borrower has gone through the necessary steps to save their home. I was really surprised to hear there are still company's out there that continue to charge upfront fees in hopes of providing a solution. My message to the public is PLEASE...do not pay one thin dime to any company out there trying to collect fees for getting you a loan modification or short sale. There are government regulations that restrict this practice. One great source I have found that provides help is Neighborhood Assistance Corporation of America (NACA) This is a non profit advocacy providing HUD Certified Counseling to families in need. For more information on  NACA...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
I know it is a little bit past due but here it is - your Menifee Real Estate Market Report for November 2011!  I had to absorb the holidays and all that food before I was able to bring myself to post this.  Actually, I was gone for a quick weekend and the real estate market in Menifee has grown incredibly active!  Congrats to Stephanie and Rudy on their new Menifee house by the way! I will make this report pretty fast but will be contrasting it with my Menifee Real Estate Trends Report for October to see any recent changes. Despite the fact that I am writing after the fact, the figures were taken in November for this report.  As usual, I concentrate on single family houses, 3+ bedrooms, not attached, etc.  Maintaining a consistent standards is the core of this article. Total # of Active...
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By Kristi Harden, Menifee Short Sale Specialist
(Keller Williams Temecula Valley)
Christmas Events 2011 in Menifee It’s hard to believe it's almost Christmas... Where has the time gone? If you are looking for some fun Christmas events in Menifee, here are a few. Inaugural Tree Lighting Event at Menifee City Hall Tuesday, December 6, 2011 What: The city of Menifee will host its first-ever Christmas tree-lighting ceremony with two special guests on hand ---- Santa and Mrs. Claus! The event, to be held in front of City Hall, will benefit the “Spark of Love Toy Drive” and the “Menifee Valley Community Cupboard.” People are encouraged to bring non-perishable cans of food to donate to the cupboard, and unwrapped toys to contribute to the drive sponsored by the Riverside County Division of the California Department of Forestry and Fire Protection. Santa and Mrs. Claus will ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Menifee CA – Banks continue to play by their own set of rules. I recently met a couple of agents at a short sale convention I attended. One agent informed me  of some really shocking news. She had been working on a short sale approval in a diligent fashion for the past two years and got the short sale approved. The lender stated they were approving the short sale and would allow the seller to walk away owing nothing.However, after the short sale was complete, the lender resumed collection tactics for her clients to repay the loan. The lender stated in the approval letter that the seller will be released from liability. Sadly, this is not the first time I have heard this from other agents.  During the convention, I heard another horror story. A major lender who also happens to have a hor...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Getting Frustrated With Your Short Sale Approval? Have you ever been so frustrated with the bank you could just scream? Try this tip: File Your complaint with www.ripoffreport.com and be sure to include as much detail as you can. Be sure to include the banks name. That way the banks name will show up in Google when others are searching. Banks don't want bad press. Here's another idea. Contact your local television station or radio station or newspaper. Lender's don't want the bad press right now and this is a sure fire way to get their attention and put a call to action in place. Leverage the press release about to go out and send it to the Media Relations Department of your lender. In the case of the lenders any publicity is not considered good publicity. Lender's have a bad reputation...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
I scream BOOOOO to you!  It is the end of October and Halloween is in less than 7 days!  Kids are excited for sweets and costumes, and adults are thinking - why is Halloween on a weekday?!  The holidays are around the corner and we all scratch our head and start wondering, where did the past year go? Well I can't answer that, but I can answer where Menifee CA real estate was in the month of October!  As we head into the holiday months, we will normally see a slow down begin in October.  I know we saw that come about in Temecula when I created my October 2011 Temecula Real Estate Trend Report.  That displayed an 18% drop in property closes month over month!  Please keep in mind that although this is my October report, the sales amounts trail by a month and are for September closes while ...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
Time is speeding by this year and Menifee real estate is speeding along with it!  As of just recently, the Federal Reserve has taken additional action to stimulate the economy and thus interest rates dropped even lower!  I just had a client get in touch with my lender today to do an FHA Streamline and lessen their rate from 5.5% which they obtained about 1.5 years ago to an estimated 3.75%!  That is an outstanding difference and the helpful side of FHA Streamlines is they are quite easy for any who at the moment has an FHA loan - even if the property value has fallen down!!  Currently, I am wishing I was FHA instead of conventional - Grrr. Enough about loan stuff (but it is worth understanding if it applies to you), time to get to Menifee Real Estate!  As always, I founded my numbers on...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Menifee Home Sales - Statistics, Sold - August 1,  2011 - September 27, 2011 For those who don't like "Median", pricing charts, I have a list below that shows the actual number of sales grouped in price ranges.     This is from August 1, 2011 to September 27, 2011, and only includes 3 bedroom homes and larger.   I have intentionally left out condominiums, modular homes, and 2 bedroom homes for this price study.      Visit me at:    FACEBOOK, LinkedIN, U-Tube, Twitter, Trulia   Or Call Me Toll Free:   866-621-0155   Contact me for information regarding Homes in Riverside County, Real Estate in Southwest Riverside County. My office is in Temecula, and I specialize in selling homes in the Murrieta and Temecula,  Wine County, De Luz, La Cresta, Bear Creek, Murrieta, Wildomar and Menifee, C...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Menifee home prices for August 2011 Here's some different charts for Menifee homes that I did last month, before the statistics for August were completely in. Home owners really like Menifee because the school ratings are higher than other areas where the same priced homes can be purchased.   Menifee Homes are priced more reasonably than Murrieta Homes or Temecula Homes.   Menifee home prices have stabilized for the most part and the number of Menifee Homes sold over the last 12 months can be seen in the chart below.     The average price for a 3 bedroom Menifee Home is shown in the chart below for the first 8 months of this year.   Like other parts of Southwest Riverside County, "Menifee Home Sales", have had the largest drop in price, starting in 2007 when prices were inflated.   The ...
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By Kristi Harden, Menifee Short Sale Specialist
(Keller Williams Temecula Valley)
3 Bedroom Menifee Home for Sale Absolutely stunning 3 bedroom home for sale in Menifee on a large lot! This 2005 Richmond American Home is loaded with charm and space.... This gorgeous Menifee home has 2,199 square feet of The home features 3 bedrooms and 2 1/2 bathrooms. The laundry room is located on the first floor of the home. This exceptional Menifee home for sale has a 2 car garage. The large lot is absolutely delightful and has low maintenance backyard hardscaping. The home has close proximity to Menifee shopping, the hospital and the 215 Freeway as well.  Menifee is a family oriented, growing community located in Southwest Riverside County, off the 215 Highway. The city of Menifee borders Murrieta, CA. Menifee is just one hour from both Los Angeles and San Diego. This fantastic ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
WWW.MyForeclosureRepair.com Menifee, CA Credit cards is an one example of an unsecured debt.  An unsecured debt is a debt where they can’t take away your car or house. A secured debt has something as collateral, such as your car, house, or anything else of value. When you stop paying an unsecured debt, the creditor  will call you nonstop. The reason is because they don’t have any other way to collect from you. Creditors of an unsecured debt already know they cannot take your house. So, typically a creditor will make up for this by calling you constantly with harassing phone calls. Creditors use deceptive tricks to get you to pay them. For example, there are Federal Laws that regulate what creditors can do or say. Creditors are not allowed to threaten to sue an than not follow up with by...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
WWW.SherryKLoanModHelp.com Loan modifications are really tough to get. Either a borrower makes too much money and the lender won't do anything for you or they don'[t make enough money and you get the exact same result. One reason a loan modification can be so tough is because the lender is trying to get as much money from the borrower as possible.  The lenders position is that they are entitled to every penny they can get. So essentially they will collect everything possible out of the borrower. Many loan modification customers end up paying more than their home is worth. For example, the borrower bought the home for $200K and they took out a $200K morrgage and today their home is worth $150,000. This homeowner can afford to pay down a $150,000 mortgage. However they can't afford to pay...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
As a short sale specialist in Menifee and the surrounding area, I keep up on the latest laws that will have an effect on my clients overal well being when it comes to short selling their home. The most recent law that passed as of July 15 is Senate Bill 458 signed by Governor Jerry Brown. The new bill is especially advantagous for borrowers that not only have a first but a second leinholder on the property. The bill states that a short sale approval will accept the pay off as the amount in full on any outstanding balances currently due to the mortgage company. A perfect example of where this helps a client is when you get an approval from the first lienholder and they agree to pay X amount to the 2nd lienholder, however the 2nd lienholder holds out for more and/or may go back to the bor...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Menifee Homes, Menifee Bank Owned Homes - Menifee, like the rest of Riverside County, California has gone through dramatic ups and downs over the last four years.  Below, are several charts showing information for Menifee home sales. Click the link to see Southwest Riverside County Home Sales for June 2010 compared to June 2011, for the most popular areas of Southwest Riverside County, California. ALL CHARTS ARE CREATED USING SINGLE FAMILY DETACHED HOMES ONLY!   This first chart shows Menifee Median home sales and number of Menifee Homes sales over the last four years.  The highest number of sales of Menifee Home Sales occurred in August of 2007, when there were 220 home sales, for that month. The lowest median price for a Menifee home was August of 2009 when the median price was $170,0...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
We just recently closed escrow on a Standard Sale located at 28745 Sandy Avenue in Murrieta. Fantastic single story pool home with dual masters, 2700 square feet sold for $276K. My clients are extremely excited and will be moving into their new home located in Canyon Hills in just a few short weeks. If you have equity in your property and are considering selling, I am here to tell you that Standard Sales do sell in this market. What you need is an agressive agent that has an agressive and effective on-line and off-line marketing campaign in place.  Listing your home with the right agent is one of the most (if not the most) important financial decisions you will make so select carefully. Here are some questions to ask before you hire: Are you a Full-Time Agent?    We feel selling real es...
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