Record Highs For the Housing Market in Los Angeles. 2Q 2015.

The Housing Market in Most of Los Angeles is Setting All Kinds of Record Highs
Thursday, July 23, 2015, by Bianca Barragan
http://la.curbed.com/…/record_housing_market_los_angeles.php

ESCONDIDO, AVOCADO GROVE & HOME SITES:

FOR SALE ESCONDIDO, AVOCADO GROVE & HOME SITES:

Great opportunity to own a piece of land in Escondido! 200 income producing avocado trees with mountainous views. Electricity and 500 ft. well (15 GPM) on property. Approximately 10,000 gallon storage tank & perk tested for sewer. Property is zoned for one house, but may be possible to build two. Your clients dream home is ready to be built!

Listing Presented by ALLISON JAMES OF CALIFORNIA
1 / 13 View Larger Images LISTING PRESENTED BY:Allison James Estates & Homes Jieranai Maier 01785483 Mobile: (951)751-1796 Mobile: 9517511796 Website: Visit Website eMail: Contact Me

http://www.allisonjamesinc.com/2396-Sleepy-Hill-ESCONDIDO-CA/SW15123221/MRMLS

http://2396sleepyhillroad.agentmarketing.com/

FOR SALE:

 Vacant land, Ranch, Horse Property, for sale:
0 Loretta Road in Menifee, CA  

OFFERED AT: $350,000 / SQFT: 215,622 / YEAR BUILT: 0

 

Priced at $350,000.00

Available:

215,622 sq.ft.

Lot Size:

215,622 sq.ft.

County:

Riverside

Property Type:

Land

MLS Number:

SW14121614

Zoning:

RA

Primary Use:

Home, Ranch

Property Description
Opportunity for your own mini horse ranch. This vacant lot is flat & gentle rolling, ideal rectangular shape. All utilities in front of the street. Also ideal for developer to build in a growth area. Prime location near Scott Rd and Leon Road. Just approx. 3 miles from I-215 and close to Winchester Road. Scott / I-215 and Winchester / Scott are developing areas and this property is in the path of progress, with shopping centers, housing development growing all around with hundreds of new homes in the neighboring area. Not interested in developing & looking for a place in the country to call home? This is it, big lot for your own farm, ranch and horses. Build your own compound with a home or two, pool, sport or tennis court, horses, orchard and garden. Drive by and walk around the property to appreciate it. (Buyer to verify the zoning and perform due diligence for all pertinent info with Riverside County)

Jieranai Maier

01785483

Mobile: (951)751-1796

Mobile: 9517511796

Website: Visit Website

eMail: Contact Me

 

Virtual Tour: http://www.eproptour.com/tour/play.htm?vid=0lorettaroad
Tour link (not MLS compliant): http://0lorettaroad.eproptours.com
Free Website Domain Name: http://0lorettaroad.AgentMarketing.com
Mobile Website: http://3613399.QMLS.mobi

CALIFORNIA’S HOUSING MARKET RETURNING TO NORMALCY

 

CALIFORNIA’S HOUSING MARKET RETURNING TO NORMALCY California’s regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half, C.A.R. recently reported. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 366,000 units in December, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide.  Sales in December were down 2.9 percent from a revised 376,890 in November but up a slight 0.6 percent from a revised 363,740 in December 2013.  The negligible year-to-year increase was the first since July 2013. For 2014 as a whole, a preliminary 383,320 single-family homes closed escrow in California, down 7.6 percent from a revised 2013 figure of 414,900. Reversing a three-month decline, the median price of an existing, single-family detached California home increased 1.7 percent from November’s median price of $444,830 to $452,570 in December and was up 3.1 percent from the revised $438,790 recorded in December 2013.  The statewide median home price has been higher on a year-over-year basis for more than two years, but price gains have narrowed over the past few months. More info http://www.car.org/newsstand/newsreleases/2015releases/dec2014sales

Professional Risk

Horrific find in hoarder's home

Aug 15th 2014 7:29AM
The mummified body of an Arizona woman who died almost four years ago was discovered in her hoarder daughter's home.

A realtor entered what she believed was an abandoned home June 28th, but what she found was a rubbish filled house that was holding more than just family memories... it was housing family members.

According to police, back in 2010 Janet Pallone Delatorre found her 98-year-old mother, Jospehine Pallone, had died in her bed. The report reads, "Janet stated she 'panicked' and believed police would think janet killed her based on the condition of the house. Janet assumed the police would think janet neglected her and that is why she died."

So the body remained in the bed until the realtor found it.

Who knows how long the body would have remained in the Gilbert, Arizona home if it weren't for the daughter's ex-husband gaining control of the property after she fell behind in payments.

Police say they are in the process of officially identifying the body, and are making sure there wasn't any foul play.

This isn't the first hoarder-related-death to be in the news recently. Back in June, HuffPost Live reported on a Connecticut hoarder who died after the floor collapsed under the weight of all her belongings. After two days of searching, the 66 year old woman was located in the basement of the home.

http://www.aol.com/article/2014/08/15/horrific-find-in-hoarders-home/20947501/?icid=maing-grid7|main5|dl17|sec1_lnk2%26pLid%3D515984

CAR Latest Research.

According to CAR, $1,000 INCREASE IN HOME PRICES KEEPS MORE THAN 200,000 OUT OF THE MARKET
Each $1,000 increase in the cost of a new, median-priced home forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).  The number of households affected varies across states and metro areas and largely depends on their population, income distribution, and new home prices.

Among the states, the number of households that would no longer be eligible to qualify for a mortgage based on a $1,000 increase to a median-priced home ranges from a low of 313 in Wyoming to a high of 18,250 in Texas.

The analysis found that every $833 increase in fees paid during the construction process – such as the price of a construction permit or an impact fee – adds an additional $1,000 to the final price of the home.

Measured by local metro areas, the number of households who would be priced out of the market based on a $1,000 increase range from a low of 19 in Napa, Calif. to a high of 5,742 in the New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. area

http://www.nahb.org/generic.aspx?genericContentID=174956

http://www.car.org/marketdata/currentresearch/

BEST HOME PICTURES EVER.

BEST PICTURES EVER

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BEST PRICE IN TOWN~~~

 

I love real estate, do you?