Norco, CA Real Estate News

By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Santa Claus was caught by the local constable speeding in the back streets of Norco California on December 1, 2007.That's right just before Norco California's Third Annual Parade of Lights. An event that has drawn over 5,000 Equestrian Spectaters for the third year. The parade of lights is a parade where no motorized vehicles are allowed. Horse Drawn, Dog Drawn or People Drawn all entries can not be pulled by any motorized device. Some local residents when questioned stated; "It makes sense that the Old Claus would choose Norco Horse Town USA to warm up the old Reindeer in preperation for this years big event""It's unfortunate with Norco's Strict speed laws to protect the Equestrian way of life that Santa would get caught up in the Sheriff's Speeding snare this year"Yes it is mixed feel...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
September  2007 Comparison to September 2006September Average Price            Average Price TrendSeptember 07 # Sold                        2007                   200625                            $677,855            $596,981          +13.5%Riverside County Homes for Sale Monthly Totals:September 07 # Sold                     2007                      20062244                   $405,098                $502,621        -10.7%Closed Residential Resale Transactions As Reported By Dataquick Information Services. I post this information monthly so you can keep up with trends in a few select cities in Riverside County. I always post the city of Riverside as a comparison with the specific city as well. Brought to you by: Doug Beaver Corona, Norco, Riverside Homes for sale Real Estate Realtorht...
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By Sharon Shepherd, Realtor, Norco/Riverside, WCR, Relocation, ePRO
(Century 21 Olde Tyme)
OPEN HOUSE ON 111 RAWHIDE LANE, NORCO PLEASE COME JOIN ME AT:111 RAWHIDE LANENORCO, CA., 92860 SATURDAY  11/3/07 1PM - 4PM COMPLETELY REDONE HOME ON 1/2 ACRE OF HORSE PROPERTY IN HORSE TOWN USA.  GRANITE COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, CUSTOM CABINETRY JUST TO NAME OF FEW OF THE UPGRADES.  THIS HOME IS ABOLUTELY TURNKEY.  COME BY AND SEE.  PLENTY OF ROOM FOR CRITTERS AND TOYS.  OWNER IS VERY MOTIVATED AND HOME IS PRICED TO TO SELL AT $580,000.00
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
August  2007 Comparison to August 2006August Average Price            Average Price TrendAugust 07 # Sold         2007                   200615                            $585,000              $639,000          -8.45Riverside Homes for Sale Monthly Totals:August 07 # Sold      2007                      2006262                      $411,000                $423,000        -2.84%Closed Residential Resale Transactions As Reported By Dataquick Information Services. I post this information monthly so you can keep up with trends in a few select cities in Riverside County. I always post the city of Riverside as a comparison with the specific city as well. Brought to you by: Doug Beaver Corona, Norco, Riverside Homes for sale Real Estate Realtorhttp://www.coronariverside.com/
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
July  2007 Comparison to July 2006July Average Price            Average Price TrendJuly 07 # Sold         2007                   200624                     $612,500              $617,500          -0.81%Riverside Monthly Totals:July 07 # Sold      2007                      2006248                   $420,000                $427,500        -1.75%Closed Residential Resale Transactions As Reported By Dataquick Information Services. I post this information monthly so you can keep up with trends in a few select cities in Riverside County. I always post the city of Riverside as a comparison with the specific city as well. Brought to you by: Doug Beaver Corona, Norco, Riverside Homes for sale Real Estate Realtorhttp://www.coronariverside.com/
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Norco California ( the city I live in ) has a great First Time Homebuyer asstance program. Below is a brief description of the program. NORCO FIRST-TIME HOMEBUYERThis down-payment assistance program is available to eligible moderate-income families or individuals seeking to purchase a home in Norco. Maximum amount of assistance is $80,000. Loans are for 30 years, 3% interest. Other restrictions apply.City of Norco Website:  http://www.norco.ca.us/ Post your cities assistance program or any other programs that you hear about on this Blog. Let's keep this discussion alive. I am posting this to localism.com so maybe we can get the public involved as well. Join Creative Financing, Grants Deal Closers Group and lets expand this discussion.Doug Beaver http://www.coronariverside.com/ Corona No...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
June 2007 Comparison to May 2006       June Comps             Sales Trend2007                  200611                       41             -73.2%June Average Price            Average Price Trend2007                   2006$614,364           $803,024          -23.5%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:June Comps                    Sales Trend2007                  2006                                            1583                  2662           -40.5%                   June             Avg. Price       Avg. Price Trend2007                  2006$411,858           $437,534       -5.9%By: Doug Beaver Cor...
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By Sharon Shepherd, Realtor, Norco/Riverside, WCR, Relocation, ePRO
(Century 21 Olde Tyme)
PLEASE COME JOIN ME AT:111 RAWHIDE LANENORCO, CA., 92860 SUNDAY 8/5/07 1PM - 4PM COMPLETELY REDONE HOME ON 1/2 ACRE OF HORSE PROPERTY IN HORSE TOWN USA.  GRANITE COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, CUSTOM CABINETRY JUST TO NAME OF FEW OF THE UPGRADES.  THIS HOME IS ABOLUTELY TURNKEY.  COME BY AND SEE.  PLENTY OF ROOM FOR CRITTERS AND TOYS.
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By Sharon Shepherd, Realtor, Norco/Riverside, WCR, Relocation, ePRO
(Century 21 Olde Tyme)
YOU ARE INVITED TO AN OPEN HOUSE AT:111 RAWHIDE LANE, NORCO, CA., 92860.SUNDAY JULY 22, 20072:30 PM  - 6 PMCompletely redone home with upscale products and appliances.  New cabinets and more.  1/2 acre horse property near Ingals Park.  Please stop by for a look-see. 6th st.  east to Crestview (turn right) corner of Crestview and Rawhide
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By Sharon Shepherd, Realtor, Norco/Riverside, WCR, Relocation, ePRO
(Century 21 Olde Tyme)
Great 1 acre mini ranch in Horse Town Usa - Norco, Ca.  3 bedroom 2 bath home with new exterior stucco, new interior paint, new carpet and a kitchen with plenty of storage.  The dining room even has it's own fireplace.  There is a wonderful enclosed patio over looking the whole back of the property.  There is a horse trail out front leading directly to the Santa Ana River Trails System access.
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
May 2007 Comparison to May 2006       May Comps             Sales Trend2007                  200614                     23               -39.1%May Average Price            Average Price Trend2007                   2006$630,429           $656,130         -3.9%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:May Comps                    Sales Trend2007                  2006                                            1571                  2653           -40.8%                   May             Avg. Price       Avg. Price Trend2007                  2006$441,486           $462,885       -4.6%By: Doug Beaver Corona, No...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
April 2007 Comparison to April 2006       April Comps             Sales Trend2007                  2006  9                       24               -50.3%April Average Price            Average Price Trend2007                   2006$569,444           $619,704         -8.1%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:April Comps                    Sales Trend2007                  2006                                            1489                  2401           -38.0%                   April             Avg. Price       Avg. Price Trend2007                  2006$451,384           $420,903       +7.2%By: Doug Be...
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By Roberta Lee, Norco Corona Riversid Homes For Sale
(Century 21 Olde Tyme)
Like most of us, the other night I was doing my weekly MLS search to get the latest statistics.  I know there have been posts written about this but for some reason it just hit me.  You know how you hit your forehead when the thought or idea finally dawns?  Well I had one of those moments.  I wish I could say it was cathartic, but it wasn't that illuminating.  It did however, help me to put things in prospective.  In my search, I went back to January 1, 2006.  Now we all know the market was beginning to change by then, but it wasn't as extreme as it is now.Here is what I found out for my area only.  Remember, I live in Southern California.All listing are down by almost two thirds.  Of those listed the average (not mean) were on the market from 89 to 233 days. Of those the average was ab...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
March 2007 Comparison to March 2006       March Comps             Sales Trend2007                  200622                      24               -8.3% March Average Price            Average Price Trend2007                   2006$662,159           $787,771         -15.9%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:March Comps                    Sales Trend2007                  2006                                            1767                  2833           -37.6%                   March             Avg. Price       Avg. Price Trend2007                  2006$434,414           $439,404       -1.1%By: Doug Bea...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Hey all the 5th Annual Norco Lions Club Car Show was held today. The following are some highlights of the show;The Main Show area with a good mix of Nice old cars. Restored, Hot Rods I little of all to enjoy.Your local Norco Realtor's Daily Driver, 1965 Chevrolet Corvair Corsa Convertible.Where's the Engine ? Work in Progress, what did they do push it here ?  Souped up Model T, Nice ! Chevrolet Camaro or Malibu ? But nice.... This T-Bird set out of the main drag and did not get a lot of attention. She is sweet and clean a real show stopper, If you can appreciate cars and there history.The weather was great and there was a large turnout. The organizers had folk dancers in original costumes as well as raffles. Some groups had a bake sale and another servid hot and cold beverages. Between ...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Norco, CA February 2007 Market ReportFebruary 2007 Comparison to February 2006       February Comps             Sales Trend2007                  200615                      18               -16.7% February Average Price            Average Price Trend2007                   2006$619,633           $592,139        4.6%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:February Comps                    Sales Trend2007                  2006                                            1422                  1866           -23.8%                   February        Avg. Price       Avg. Price Trend2007                  2006$41...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Norco, CA January 2007 Market ReportJanuary 2007 Comparison to January 2006       January Comps             Sales Trend2007                  200615                      17               -11.8% January Average Price            Average Price Trend2007                   2006$659,115           $673,794       -2.2%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:January Comps                    Sales Trend2007                  2006                                            1359                  1862           -27.0%                   December        Avg. Price       Avg. Price Trend2007                  2006$439,966 ...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Norco, CA December 2006 Market Report Norco, CA December 2006 Market ReportDecember 2006 Comparison to November 2005       December Comps             Sales Trend2006                  200520                     29                    -31.0% December Average Price            Average Price Trend2006                   2005$659,300            $627,362        5.1%Closed Residential Resale Transactions As Reported By Dataquick Information Services.Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title CompanyCounty of Riverside Monthly Totals:December Comps                    Sales Trend2006                  2005                                            1824                  2244           -18.7%                   December        Avg. Price         ...
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By Roberta Lee, Norco Corona Riversid Homes For Sale
(Century 21 Olde Tyme)
In Webster's dictionary  the third definition of the word bubble is; "3. any idea or scheme that is plausible at first but quickly shows itself to be flimsy or worthless."I like most people think of a bubble as being a pretty film of soap that with irradiance floats through the air reflecting all that it passes with a rainbow of color.  It floats up on the air currents until it pops.Now with either or both of those definitions I am having a problem relating it to the Real Estate market we in some states are experiencing.  The market hasn't gone away. It hasn't floated up on some economical heat current, and it sure isn't rose colored anymore.I think using the term "the bubble has popped" is misleading to the clients in the most negative way.It is true that the market has changed. For mo...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
Yes everyone place April 8, 2007 on Your Calendar. Early AM if by Horseback I'd set out a little earlier if by car arrive before 6 AM. 15 Frwy off at 6th. Street then go to the Southeast Corner of Sixth Street and Crestview. You'll see the sign to Ingalls Park, follow the cars and park near the stadium. Stop and visit a few folks there will be coffeee, Hot cocoa and donuts as there is every year. Hospitality "Norco" Style, Look around some folks will be arriving by Horse Drawn Carriage and other by Horse Back. After all the Citites Motto is "City Living in a Rural Atmosphere".If you are here by Horse Back guide your hose into the arena. If by foot have a seat in one of the bleachers. Hope you brought a blanket or sit upon. These bleachers are cold this time of morning. We will be having...
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