Real Estate

  • Having Fun Yet?

    Well, we had an election a couple weeks back and not much changed really. There will obviously be a bigger impact in November but even that isn’t likely to change much locally. Our IE economy is doing pretty well, albeit slowly. At our annual SRCAR Breakfast with the City Managers, the CM’s from 8 cities […]

    Read more

  • 31 Monkeys and a Dartboard

    You already know my opinion on ‘professional industry prognosticators’ – talk to 4 of them and you end up with 6 different opinions on the market, all being highly compensated for their efforts. Chris Thornberg, founder of Beacon Economics and Director of UCR Center for Economic Forecasting, expanded that analogy recently as he summarized a […]

    Read more

  • Nowak Named Among Top 2 Producers

    Stan Nowak of Coldwell Banker Commercial SC has been named among the Top 2 Producers in 2015 for Coldwell Banker Commercial® from among nearly 3,000 commercial professionals in North America (U.S. and Canada). Brandon Sudweeks, President of Coldwell Banker Commercial SC said, “I am extremely proud of Stan and all he has accomplished in 2015. […]

    Read more

  • In Like a Lion?

    I know the ‘In Like a Lion’ thing usually pertains to weather, but in this case it pertains to whether – whether or not our housing market will live up to past trends and start improving in March. Despite a strengthening employment picture, there’s still a lot of uncertainty about the economy. While a full-blown […]

    Read more

  • Coldwell Banker Commercial Sudweeks Group and Coldwell Banker Commercial Inland Empire Complete Merger

    Coldwell Banker Commercial Sudweeks Group today announced the completion of their merger with Coldwell Banker Commercial Inland Empire in Ontario, CA. The combined entities will now operate as Coldwell Banker Commercial SC (CBC SC), and represent one of the largest commercial real estate firms in Southern California, with offices in San Diego, Ontario, Temecula and […]

    Read more

  • CBC-SC Hires Two Top Retail Advisors

    Coldwell Banker Commercial- SC is pleased to announce the addition of Janet Kramer, JD, CRX and Jay Brun as Senior Advisors to the company’s Retail Division. They are a welcome addition, enhancing all four CBC-SC offices in Temecula, San Diego, Redlands and Ontario. With over 45 years of combined experience in the commercial real estate […]

    Read more

  • Looking Up, or Look Out??

    Linguistic master Yogi Berra once opined, “It’s hard to make predictions, especially about the future.” That’s proving to be especially true these days. In my last newsletter, the Fed had just raised their interest rate for the first time in seven years in what was widely expected to be the first of many such increases […]

    Read more

  • It’s a Wrap!

    To paraphrase Charles Dickens, it wasn’t the best of times, it wasn’t the worst of times. 2015 ended just in time, not with a bang, but a whimper. As forecast, December sales volumes for the region spiked up 24% over November pulling the year up 9% over 2014 ( 9,932/10,916) and a scant 1% ahead […]

    Read more

  • Housing? Bah, Humbug!

    As forecast, regional yearend housing numbers are not at all jolly, they’re downright Bah, Humbug! After falling 10% in October, sales dropped another 19% in November. In the past six months, sales have fallen 40% (1,156 / 700) although we’re still 7% ahead of 2014 YTD sales (9,174 / 9,915). Historically this is not an […]

    Read more

  • Ranch & Coast Real Estate Joins Berkshire Hathaway

    Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that independent brokerage Ranch & Coast Real Estate will join the network in December operating as Berkshire Hathaway HomeServices Ranch & Coast Real Estate. The brokerage affiliates with a network that in just 26 months has grown […]

    Read more

  • Interesting Times…

    Local elections are over. Congratulations to the new City Council Members in the region. As always, a lot of good folks (and a few others), stepped up and volunteered to help guide their city. We look forward to working with you to implement sound housing policies and answer any questions you might have on real […]

    Read more

  • Into the Home Stretch

    Unless the market completely shuts down between now and the end of the year, 2015 will go into the record books with a slight increase in sales over 2014 and maybe even a little improvement over 2013. After falling 16% in August, September sales ticked back up 5% for the region and stayed 6% ahead […]

    Read more

  • Slowly, Slowly…

    The watchword for the Southwest California housing market in August was SLOW. Home sales dropped 16% from July’s pace and we sold 1(one) less home across the region than we did in 2014 (905 / 904). That’s a little slower than anticipated even with pending sales down the prior month. The bad news is, pending […]

    Read more

  • More of the Same

    If you remember last month (and who doesn’t), the region celebrated a month of sales and price appreciation not seen for nearly a decade. Indeed the whole country seemed to experience the same boosted level of housing market happiness in June leaving housing prognosticators salivating over the prospect that the housing market has finally hit […]

    Read more

  • 6 Bedroom Temecula Home to Auction August 6th

    A six bedroom, four bath home located at 43250 Via Sabino in Temecula will auction at 12pm Thursday August 6th, 2015. The home is 3,948+/- square feet and was built in 2000. It includes a pool, spa and waterfall and features great views from the backyard and master bedroom deck. The upgraded kitchen has granite […]

    Read more

  • Equity Management Welcomes Brandi Scott and Melissa Jaffe

    Equity Management and Realty Services, an Associa company, welcomes two new members to its team.  Brandi Scott, vice president of builder development and Melissa Jaffe, director of builder development will be working together to assist in the management of Equity’s growing developer portfolio. “They are both experienced professionals whose integrity, work ethic, commitment to success […]

    Read more

  • Which Way is Forward?

    by Gene Wunderlich Amidst depressing national and state news revolving around the economy and water, Southwest California housing posted another decent month in April, giving hope to at least a minor recovery from 2014’s slow pace. The nation’s economy faltered during the 1st quarter nearly coming to a halt with just a .2% growth, instead […]

    Read more

  • Stopping the Home Mortgage Foreclosure Train

    *A Mortgage Foreclosure Defense Primer by Morton J. Grabel, Esq. In California, the mortgage home foreclosure process proceeds without court intervention. This is called a “non-judicial foreclosure”. Because non-judicial foreclosures begin without papers being filed by the lenders/trustees in court, you must file a lawsuit to stop the foreclosure.

    Read more

  • Had a Bankruptcy, Foreclosure or Short Sale? You Can Buy Again!

    By Pat Whitney                                                  While others may have told you “NO”, the recent changes in loan program guidelines may allow those that lost their homes due to a short sale or foreclosure to re-enter the home buying market again. Between home values plummeting beginning in 2006 to the large amount of job loss in our […]

    Read more

  • Thoughts on Customer Service

    by Destry & Shelley Johnson It seems interesting to us that even though Real Estate is essentially a service industry, Real Estate professionals are largely known for providing the worst customer service of any other industry. Most agents are extremely attentive until the escrow opens, and then they tend to disappear. There are so many […]

    Read more

  • Mixed Messages on Recovery

    by Gene Wunderlich March was generally a good news month for the local housing market – and a much needed boost for both sales and prices. We hope it’s the beginning of a recovery, or a trend, or at least a few months of good news. However, the general outlook is more mixed. I read […]

    Read more