Chino, CA Real Estate News

FOR IMMEDIATE RELEASE PRESS RELEASE #1-08 Subject : Chino Named Amongst the Best for the Second Time in Three Years Contact : Michelle Van Der Linden, Public Information Officer, Admin    909-591-9803    mvanderlinden@cityofchino.org For the second time in three years, Chino has been named amongst the "100 Best Communities for Young People" by America's Promise Alliance, the largest alliance dedicated to children and youth.    "This is fantastic news for Chino," said Mayor Dennis Yates. "But I have to tell you that I am not totally surprised," said the Mayor.  "I know what we do day in and day out in this community and it's nothing short of a miracle and it takes a lot of help!"  As with all great undertakings, the City of Chino could not have accomplished this alone.  "Our community i...
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The House, in a 383-35 vote, has passed an economic stimulus bill that temporarily increases the loan limits for Fannie Mae, Freddie Mac, and the Federal Housing Administration. The stimulus bill (H.R. 5140) raises the loan limits to 125% of median area home prices in high-cost areas, with a $729,750 cap, and it is expected to increase home sales and help stabilize real estate markets. Raising the loan limits for Fannie and Freddie could generate 300,000 additional home sales, reduce the inventory of unsold homes, strengthen home prices, and help 210,000 families avoid foreclosure, according to the National Association of Realtors. "Simply lifting the loan limit will have an immediate impact on lessening foreclosures," NAR chief economist Lawrence Yun told reporters. Preliminary estimat...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Three homes closed escrow in Chino during the week ending Jan. 26 and 41 homes were reported in escrow on Jan. 27, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of existing homes. The MLS said 38 new Chino listings were added during the week, for a total inventory of 437 homes listed in Chino on Jan. 27, including 285 single-family homes with no monthly fees and 152 condominiums, town homes and single-family homes in associations. During the week, three Chino listings expired. Whether you are buying or selling real estate, you will find helpful information on my website, http://www.ilajosephs.com/. If  you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Seven homes closed escrow in Chino during the week ending Jan. 20 and 29 homes were reported in escrow on Jan. 20, according to the Inland Multi-Regional Multiple Listing Service. The MLS said 43 new Chino listings were added during the week, for a total inventory of 445 homes in Chino Jan. 20, including 291 single-family homes with no monthly fees and 154 condominiums, town homes and single-family homes in associations. During the week, 16 Chino listings expired. Some listings are put right back on the market, but other sellers are waiting until later in the year.  If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you.
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By David Hood
(Chino Valley Real Estate)
Press Release PRINT | E-Mail Title: MBA Forecast: Slow Economic Growth in 2008 Will Be Coupled With Lower Levels of Mortgage Originations in 2008 and 2009 Source: MBA Date: 1/14/2008 Contacts: Name: Phone: Email:  Carolyn Kemp (202) 557-2727 ckemp@mortgagebankers.org WASHINGTON, DC (January 14, 2008) - The Mortgage Bankers Association (MBA) projects that economic growth will continue to slow through the first half of 2008, but expects economic activity will begin to pick up in the second half of 2008 and resume trend-like growth toward the end of 2009. Total mortgage production will be down 16 percent to $1.96 trillion this year from a projected $2.34 trillion in 2007. Total originations should see a further drop of four percent in 2009 to $1.88 trillion."The principal concern of the c...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
No homes closed escrow in Chino during the week ending Jan. 13 and 32 homes were reported in escrow on Jan. 14, according to the Inland Multi-Regional Multiple Listing Service. The MLS said 17 new Chino listings were added during the week, for a total inventory of 426 homes on in Chino Jan. 14, including 273 single-family homes with no monthly fees and 152 condominiums, town homes and single-family homes in associations. During the week, three Chino listings expired. Some listings are put right back on the market, but other sellers are waiting until later in the year.  If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you.
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By David Hood
(Chino Valley Real Estate)
Chaffey College will open its Chino Center campus January 1st, 2008. The 100-acre Chaffey College Chino Campus was donated to Chaffey CCD in a transaction arranged by PPV. Parties to the transaction included: The State of California as land donor The City of Chino The Master Developer, Sun Cal, who is currently developing a 2300 home master-planned community, appropriately named College Park. College Park is considered one of the most successful master-planned communities in Southern California. PPV also arranged for the transfer of 140 acres of state land to the City of Chino for a major recreational center, which is currently being constructed utilizing park fees paid by College Park. PPV's involvement was essential to Chaffey College because PPV understood the importance of a communi...
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By David Hood
(Chino Valley Real Estate)
Innovative, a premiere showroom that offers home theater and home automation systems, will have its grand opening on Saturday, September 29th from 11am until close. The grand opening will allow customers to tour the state-of-the-art store, enjoy raffles with hundreds of dollars of giveaways. Sport bike rider, Eric "Edub" Whitcomb, will be doing demonstration rides throughout the day.     Innovative is one of a few dealers in the Southern California area that is an authorized dealer of the industry leading Control4 home automation system. Control4 technology makes everyday life easier by providing one-touch control of new and existing home electronic systems. By allowing all the different systems to work together, Control4 provides effortless entertainment, comfort, convenience, energy e...
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 Rancho del Chino, Panattoni's new $90 million retail development project, which is under construction in Chino, Calif. The 42-acre project, which also includes Home Depot, is expected to include an electronics retailer and office supply store as well as additional retail shops and restaurants. Is now open for business!!   Adore Realty13089 Peyton Dr. Ste. C-224Chino Hills, CA 91709    Corona Homes Chino Hills Homes Whittier Homes      
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Panattoni Development Company, LLC announces the name of its new 42-acre retail project in the Inland Empire, one of the fastest growing regions in the country. Situated at the northeast corner of Ramona Avenue and Chino Hills Parkway in Chino, the project has been aptly named "Rancho del Chino" and is expected to encompass approximately 350,000 square feet of retail space and include nationally recognized large format retailers, fashion-oriented and home furnishing stores, specialty shops, restaurants and cafes. Panattoni also plans to build up to approximately 328,000 square feet of office and light industrial space on an additional 18 acres on the northeast side of the property.   Adore Realty13089 Peyton Dr. Ste. C-224Chino Hills, CA 91709    Corona Homes Chino Hills Homes Whittier ...
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By David Hood
(Chino Valley Real Estate)
From:California Farm Bureau Federation "Where Everything Grows," the city of Chino's motto, originally referred to its agricultural roots. Today it applies instead to growth in families, non-agricultural businesses and commercial and industrial complexes. Houses and business structures are going up at an astonishing rate. The Chino Valley was once home to more than 400 dairies and 400,000 head of cattlemand dairy cows are keeping pace with the human population. But that won't be the case for long, with 70 percent of the remaining 140 dairies either sold to real estate developers or in negotiations. This shift in land use from agriculture to urban development is going on throughout the state, but none is more dramatic than the mass exodus currently taking place in the Chino dairyshed, wh...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Three homes closed escrow in Chino during the week ending Jan. 6 and 23 homes were reported in escrow on Jan. 6, according to the Inland Multi-Regional Multiple Listing Service. The MLS said 18 new Chino listings were added during the week, for a total inventory of 419 homes on Jan. 6, including 270 single-family homes with no monthly fees and 149 condominiums, town homes and single-family homes in associations. During the week, 42 Chino listings expired. Some re-listed, but other sellers are waiting until next year.  If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you. Contact me or visit my website.
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By David Hood
(Chino Valley Real Estate)
Comps are used as a technique too accurately appraising the value of any asset. In real estate too appraise the value of a home based on the most recent selling price of houses "Comps" in the same market area with similar attributes, such as square footage,lot size and the number of bedrooms and bathrooms too name a few. "Comparables" or "Comps" recent homes that have sold in the your neighborhood, not to be confused with active listing. Home that are for sale. Adore Realty13089 Peyton Dr. Ste. C-224Chino Hills, CA 91709    Corona Homes Chino Hills Homes Whittier Homes
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By David Hood
(Chino Valley Real Estate)
A short sale means the seller's lender is accepting a discounted payoff to release an existing mortgage.When a property is listed as a  sale with short sale terms does not mean the lender will accept your offer. When dealing with a short sale the homeowner is no longer involved in the negation of the sells price.Your agent can do research to find out who is on title, whether a foreclosure notice has been filed and how much is owed. This is important because it will help you to determine how much to offer.   Adore Realty13089 Peyton Dr. Ste. C-224Chino Hills, CA 91709    Corona Homes Chino Hills Homes Whittier Homes
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By David Hood
(Chino Valley Real Estate)
Upcoming Citizen AcademyThe Chino Police Department is currently accepting applications for their 16th class and welcome your participation.  The classes begin on Tuesday, February 26 and run for 11 weeks on Tuesday nights from 6:30 - 9:30 pm.      Adore Realty13089 Peyton Dr. Ste. C-224Chino Hills, CA 91709    Corona Homes Chino Hills Homes Whittier Homes
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Eight single-family homes listed under $300,000 were available in Chino on Dec. 31, according to the Inland Multi-Regional Multiple Listing Service. Two homes closed escrow in Chino during the week ending Dec. 30 and 28 homes were reported in escrow on Dec. 30, according to the Inland Multi-Regional Multiple Listing Service. The MLS said eight Chino new listings were added during the week, for a total inventory of 433 homes on Dec. 30, including 283 single-family homes with no monthly fees and 150 condominiums, townhomes and single-family homes in associations. During the week, 20 Chino listings expired. Some re-listed, but other sellers are waiting until next year.  Serious buyers took advantage of vacation time and holiday visits this week to search for a new home, both online and in ...
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By Robert Huntsinger, Empire Realty Upland, CA - Full Service at a Discount
(Empire Realty)
There are two ways to lower your property taxes in Chino which are legal and FREE. 1) If you qualify, appeal your property tax assessment 2) Claimed your Homeowner’s Tax Exemption   APPEAL YOUR TAX ASSESSMENT Home values in Chino have decreased over the last year, you may be able to lower your property taxes?This will only apply if you purchased your home or have been re-assessed in the last couple of years?   If the above information applies to you, you may be able to do something that will cost you nothing.  This simple process can save you hundreds of dollars in future property taxes.    Lower you Property Tax Bill NOW ! Each county operates differently but the simple answer is that all you need to do is ask for your property to be re-assessed.Some counties are proactive and are alre...
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By Doug Beaver, Corona Norco Eastvale Riverside Homes
(Century 21 Olde Tyme)
November  2007 Comparison to November 2006November Average Price            Average Price TrendNovember 07 # Sold                        2007                   200633                          $448,992             $570,802          -21.3%San Bernardino County Homes for Sale Monthly Totals:November #Sold 2007    #Sold 2006   %Chg             2007                20061362              1742           -21.8%         $308,368         $370,929        -16.9%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 San Bernardino County. I always post the cities of Ontario, Chino, Chino Hills, Fontana and Rancho Cucmonga as a comparison with the specific city as well. Brought to yo...
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By David Hood
(Chino Valley Real Estate)
Chino University Hall is a Redevelopment project that provides seven (7) classrooms for undergraduate and graduate level courses for Chino residents and the day time employment community.Anyone who is interested in taking college courses may enroll.Chino University Hall offers undergraduate and graduate level courses.Chino University Hall is conveniently located in the new Carolyn Owens Community Center Building at Paseo del Sol across the street from City Hall at 13201 Central Avenue, 2nd floor, Chino, CA 91710. If you are interested in learning more about the above programs, please contact our partner universities directly at the following numbers:   California Baptist University Sonja Wood Phone: (951) 415-9073 Email: swood@calbaptist.edu   California State University Northridge Henr...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Home resale activity in Chino continued to slide downward in November, according to a report issued by DataQuick News, which said the median price of single-family homes sold there in November was $420,000, down 20.8 percent from November 2006. One home closed escrow in Chino during the week ending Dec. 23 and 29 homes were reported in escrow on Dec. 23, according to the Inland Multi-Regional Multiple Listing Service. The MLS said the home at 14180 Ironbark Ct. sold for $940,000.The MLS said nine new listings were added during the week, for a total inventory of 442 homes on Dec. 23, including 288 single-family homes with no monthly fees and 154 condominiums, townhomes and single-family homes in associations. During the week, 18 Chino listings expired. Some re-listed, but other sellers a...
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