Temecula, CA Real Estate News

By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
(Ok, I just posted this long winded and somewhat ranted on a post.  Since I spend so much time on it and offered a couple links to some articles, I figured I would make it available on my blog as well.)Well the Riverside County market is in a major crunch right now and Short sales are the word of the day.  I have one of these going myself and am getting lots of short sale experts calling me on it.  I have had the property since last October and my clients never admitted (or even realized if they are to be believed) that they had a pay option arm.So, while I am trying to sell their home, they are using option #1, trying for an aggressive market price, and losing equity everyday.  Now, I know these people well and care about them, but it is frustrating since they priced the house 30k high...
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 When Neighbors water the lawn next door... you know it's bad!I was driving to Wolf Creek today in response to an email I had gotten from someone wondering if there were any home sites of a particular model left in the tract Redwood In Wolf Creek . As I was driving over I decided to drive the streets that already existed with homes built in that particular tract to first see if any resale homes of its kind were available.I turned onto Fireside Drive (the only street completed in the tract) and drove towards the end. As I get to the end I see a partially dead lawn, but something was odd about the home. There was a manual water sprinkler unit in its driveway going back and forth. As I drove by I wondered why someone would do that when all new homes come equipped with sprinklers in the fro...
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By Josephine Robinson
(Coldwell Banker Residential Brokerage)
Wherever you're looking to buy or sell real estate, I have the training, experience, and nationwide referral network it takes to assist you in accomplishing your real estate goals. Contact me today for all of YOUR real estate needs. Let this Marine wife be your Realtor for life!
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As i was watching sportscenter at 7am, I saw a commercial for John Becks tax sales where he claims you can buy homes for $100 at 2-3 cents on the dollar. Is this true or a fabrication of how things really are? I googled his name and found him on a couple fraud watch lists but I also saw testimonials saying his program works and that it really allows people to buy these homes.Anyone who's worked with this system or invested money into it... I would like to know what you guys think. Being out here in Temecula CA I cant find anyone who has used it in my office or immediate colleagues. I know the traditional way of buying bank owned homes, going to local communities such as Wolf Creek in Temecula , or Canyon Lake ... and finding the dead lawns and contacting title to see which bank owns it....
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As I was driving through the streets of Riverside County Yesterday, I noticed one thing. Foreclosures, and a lot of them! All over the place. From prestigious streets in Corona and Norco Hills to the Tree lined streets of Temecula and Murrieta. They all had one thing in common. Dead Lawns, Foreclosure signs, for sale signs lined the streets, and it all remained constant throughout the entire drive.I have always felt real estate blossomed to fast. Since 1995, Real Estate in Southern California practically quadrupled, while minimum wage increased a mere couple dollars. Home prices skyrocketed while the economy stated relatively flat. In essence I'm not surprised that this sharp decline has happened. Homes that were selling for $600,000-$700,000 a mere year or two ago are now selling for $...
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By Ryan Case
(Pacific Servicing)
WOLF CREEK - TEMECULA, CA 92592I was on my way to the store and Saw a Sign for Wolf Creek. An amazing Community with over 30 different model homes, 10+ communities, everything from Courtyard Homes to 4000 + sq ft monsters! And the pricing can be as low as the mid 200's for attached townhomes up to the high 700's for the three story 4200 sq ft monsters! Loads to choose from for even the most discriminating buyers!What amazed me was I drove through and walked almost the entire community and I found maybe 10 foreclosures and a handful of bank owned homes in this 2 year new community, which is amazing for Temecula/Murrieta where 1 in every 26 homes is in foreclosure. And the greatest thing? Everyone took care of their homes! No Dead Lawns, No Sagging bushes or trees! Everything was manicure...
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By David Heinkel
(Realty Executives of Temecula Valley)
The Sky is Falling.  At least that is what everyone wants to tell you.  Are fewer homes selling?  Absolutely.  Are interest rates rising?  Yes they are.  Even with all of this bad news it is still a good time to buy property in the Temecula Valley.  I have heard buyers say that they are waiting for the prices to drop even further.  While they are waiting for that to happen interest rates have been on the rise.  They may have saved money on the purchase price, but they are paying for it with a higher interest rate on their loan.  The other thing that I have noticed is that with the foreclosures and short-sales people think they are getting a great deal.  The problem with this is that you have to be very good at chosing the right foreclosure or short-sale.  These homes may be priced lower...
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By Tom Armstrong, Temecula Mortgage ZERO Down
(Benchmark Fin. - Temecula Real Estate, Temecula Mortgage)
CitySFR SalesMedian PriceApr. '06 to Apr. '07Median Price Feb. 2007Mar. '07 to Apr. '07Median Price /Sq.Ft.Hemet93$303 -6.95%$297 1.75%$188 Lake Elsinore 49$385 -6.60%$393 -2.20%$237 Menifee  45$386 -8.80%$377 2.33%$196 Murrieta109$501 2.61%$471 6.06%$205 Temecula 107$469 -5.51%$478 -1.91%$225 El Cajon100$530 5.86%$515 2.77%$294 Escondido91$489 -11.42%$522 -6.78%$291 Carlsbad 114$750 -4.22%$795 -5.96%$338  Compiled from public records, MLS, and DQNewsTemecula, CA No Down Home Mortgage Loans
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By Tom Armstrong, Temecula Mortgage ZERO Down
(Benchmark Fin. - Temecula Real Estate, Temecula Mortgage)
CitySFR SalesMedian PriceMar. '06 to Mar. '07Median Price Feb. 2007Feb. '06 to Mar. '07Median Price /Sq.Ft.Hemet105$297 -3.46%$298 -0.20%$201 Lake Elsinore 62$393 -3.26%$402 -2.17%$232 Menifee  39$377 -6.90%$376 0.27%$194 Murrieta130$471 -1.87%$477 -1.36%$214 Temecula 106$478 2.36%$427 10.72%$234 El Cajon59$515 -0.99%$460 10.69%$295 Escondido96$522 -4.69%$511 2.09%$286 Carlsbad 95$795 8.16%NANA$321 Gathered and compiled from Public records, MLS, and DQNewsTemecula, CA No Down Home Mortgage Loans 
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By JR Middlebrook
(Best California Homes for Sale)
Do have kids and did you want to buy a home in Temecula California? If so then please let me introduce you to Homes in Menifee California. Menifee is 16 miles north of Temecula. Both cities are located next to the freeway, and are 10-15 minutes apart. Most people know more about Temecula than Menifee. Menifee began to take shape in the 80s. At the point of this writing in 2007 I want to share about a particular place in Menifee because not all of Menifee is ideal, but there is one place where all the local professionals, police and fire officers and teachers go to raise their children and it has everything! So much so that I wish I grew up in a place like it. There is more in this place being offered to children for FREE than was offered where I lived in Los Angeles and Orange County gr...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940This guide features High Schools within the Temecula Unified School District. We have included a link to each High School site find detailed information about each High school within the San Jacinto CA school system. You can research each High School, find Temecula school test scores, school boundaries and school programs specific to each site. Temecula CA Schools:Chaparral High School27215 Nicolas Rd., Temecula, CA 92591(951) 695-4200 Rancho Vista High School31340 Rancho Vista Rd., Temecula, CA 92592(951) 695-7320 Temecula Valley High School31555 Rancho Vista Rd., Temecula, CA 92592(951) 695-7300 Rancho Santa Rosa High School31340 Rancho Vista Rd., Temecula, CA 92592(909) 695-7360 Temecula Preparatory35777 Abelia Street, Win...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940Temecula and local community listings for Automobile Dealers in the Temecula Valley. We have included a link for each Auto dealership, Google maps and company link to the car dealer.   Thank you for using our local community guides for the Temecula area. Carriage Motor Company Buick Pontiac GMC27420 Ynez Rd, Temecula, CA(951) 694-6060   Rancho Ford Lincoln-Mercury 26895 Ynez Ct, Temecula, CA(951) 699-1302  Paradise Chevrolet Cadillac: Body Shop 27360 Ynez Rd, Temecula, CA(951) 308-4552  Quality Nissan of Temecula41895 Motor Car Pkwy, Temecula, CA(951) 676-6601  Toyota of Temecula Valley26631 Ynez Rd, Temecula, CA(951) 694-0575   Paradise Chevrolet 27360 Ynez Rd, Temecula, CA(951) 695-3561  Kia of Temecula Valley27500 Jefferso...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940Temecula and local community listings for Banks, Credit Unions and other financial institutions in the Temecula Valley. We have included a link for each listing, Google maps and company link.   Thank you for using our local community guides for the Temecula area. Temecula Valley Bank 27710 Jefferson Ave # A100, Temecula, CA(760) 749-5570   Washington Mutual: Temecula 27555 Ynez Rd # 120, Temecula, CA(951) 308-2200   Bank of America27489 Ynez Rd, Temecula, CA(951) 676-2095  Washington Mutual: Rancho California29640 Rancho California Rd, Temecula, CA(951) 695-3963   Citi Financial27644 Ynez Rd # M6, Temecula, CA(951) 694-1086   Washington Mutual 32105 State Highway 79, Temecula, CA(951) 302-1299   California Bank & Trust: Ranch...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940Temecula and local community listings for religious organizations, churches and synagogues in the Temecula Valley. We have included a link for each organization, Google maps and contact information, phone number and links.  Thank you for using our local community guides for the Temecula area. Rancho Baptist Church 29775 Santiago Rd, Temecula, CA(951) 676-2911   Mountain View Community Church 29385 Rancho California Rd, Temecula, CA(951) 693-0771   Sunridge Community Church 42299 Winchester Rd, Temecula, CA(951) 296-1770   Lifeline International Ministries of Temecula Valley 27780 Jefferson Ave, Temecula, CA(951) 676-1560   Temecula United Methodist Church 42690 Margarita Rd, Temecula, CA(951) 676-1800   LDS Church44650 La Paz...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940Temecula and local community listings for theatres in the Temecula Valley. We have included a link for each theatre, Google maps and more. Some Temecula, CA theatres will feature stadium seating and relcining theatre seating. Theatres in Temecula and the surrounding communities will typically offer advance theatre ticket sales and many other services. Thank you for using our local community guides for the Temecula area. Edwards Temecula Stadium 15 Cinemas 40750 Winchester Rd, Temecula, CA(951) 296-0133   Act 1 Theater Arts 38340 Innovation Ct, Murrieta, CA(951) 304-1010   Movie Experience At Cal Oaks41090 California Oaks Rd, Murrieta, CA(951) 698-7800   Diamond Cinemas 32260 Mission TRL, Lake Elsinore, CA(951) 245-4298 Temecu...
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By Chris Walker, Mission Grove Realty Inc The Murray & Walker Tea
(Mission Grove Realty, inc)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940This guide features Middle Schools within the Temecula Unified School District. We have included a link to each Middle School site find detailed information about each school within the San Jacinto CA school system. You can research each Middle School, find Temecula school test scores, school boundaries and school programs specific to each site. Temecula CA Schools:Margarita Middle School30600 Margarita Rd., Temecula, CA 92591(951) 695-7370 Temecula Middle School42075 Meadows Pkwy., Temecula, CA 92592(951) 302-5151 Vail Ranch Middle School33340 Camino Piedra Rojo, Temecula, CA 92592(951) 302-5188 Temecula Valley Charter School31350 Rancho Vista Rd., Temecula, CA 92592(951) 926-9037 James L. Day Middle School40775 Camino Campo...
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By Chris Walker, Mission Grove Realty Inc The Murray & Walker Tea
(Mission Grove Realty, inc)
  Temecula Local Guides by Mission Grove Realty (951) 927-8940This guide features Elementary Schools within the Temecula Unified School District. We have included a link to each School site find detailed information about each school within the San Jacinto CA school system. You can research each School, find Temecula school test scores, school boundaries and school programs specific to each site. Temecula CA Schools:Nicolas Valley Elementary School39600 North General Kearny Rd., Temecula, CA 92591(951) 695-7180 Paloma Elementary School42940 Via Rami, Temecula, CA 92592(951) 302-5165 Pauba Valley Elementary School33125 Regina Dr., Temecula, CA 92592(951) 302-5140 Rancho Elementary School31530 La Serena Way, Temecula, CA 92591(951) 695-7150 Red Hawk Elementary School32045 Camino San Jose,...
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By Janet Schwartz-Zackey
(KOR Real Estate)
  Come on out and discover why I live in Temecula.  We have the ideal climate for golf almost all year long as well as hot air ballooning. Lots of folks come to spend the day in one of our many award-winning wineries, which are nestled in our 3,000 acres of wine country.  The wineries have many events that they host all year long, please check the following link for more info: http://www.temeculawines.org Temecula provides a great array of acitivities for both our residents and visitor's all year long. We host  many annual events such as the Temecula Balloon & Wine Festival, the Temecula Valley International Film Festival, The Tractor Race, The Rod Run, Western Days, the Street Painting Festival, the Arts Council events, specific themed weekends in Old Town and so much more. Our new the...
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By Christopher Walker, Local Broker and Realtor - Hemet & San Jacinto, CA
(Mission Grove Realty Inc.)
Temecula Business Guide Courtesy of Mission Grove Realty (951) 927-8940The climate in the Temecula Valley affords golfing all year. With many great courses to choose from, you are sure to find the perfect game. With beautiful surroundings and an excellent climate Gofers will find the Temecula and Murrieta areas an excellent place to call home. The selection of Homes and provide many choices in home ownership at prices ranging from the low 300k's to over $1,000,000 and up. We hope that when you visit Temecula  that you will find the time to visit some of these great courses.Temeku Hills Golf &Country Club, Temeku Course 18 holes over 6,636 yards with a par of 72 (Public) 41687 Temeku DrTemecula, CA 92591-3909(800) 839-9949 0 miles from center of Temecula. RedHawk Golf Club, RedHawk Cours...
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By Orville Ivor McCallister
(Keller Williams Realty La Mesa)
The Mortgage Bankers Association expects the interest rate on a 30-year fixed-rate mortgage to jump from 6.2 percent to 6.5 percent by the end of the third quarter, as investors lose hope that the Federal Reserve will slash short-term rates any time soon. In a long-term forecast released this week, MBA Chief Economist Doug Duncan predicted existing-home sales will decline by about 7 percent this year compared to 2006, and that sales of new homes will decline by about 8 percent. Sales in both categories are projected to rebound in 2008 by about 3 percent and 1 percent, respectively, in 2009Besides the fact that Temecula is an awsome place to live, the timing is right to buy a home in Temecula.   With interest rates still low and prices down your money goes a long way here.  Temecula took...
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