Riverside, CA Real Estate News

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Riverside FHA Loans - VanDyk Mortgage - California FHA Lender & FHA Jumbo Lender.   VanDyk Mortgage is your source for FHA Loans and FHA Jumbo Loans in Riverside.  We have been making FHA loans since 1987.  VanDyk Mortgage is a Direct Lender.  We offer many loan programs for Riverside Homebuyers and Riverside Homeowners to Purchase and refinance homes.. FHA Loans -available up to $417,000 FHA Jumbo - available up to $500,000 (aka High Balance) Riverside FHA Loans are available up to $500,000 with a 3.5% down payment.  The FHA 2011 Loan Limit for Riverside county is $500,00.   Riverside FHA Loans that are over $417K up to $500,000 are called FHA Jumbo or FHA High Balance loans. Here are some links to local Riverside information: Riverside City Website Riverside Crime Maps Riverside Stati...
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By Michael J. O'Connor, Eastvale - 951-847-4883
(Diamond Ridge Realty)
Chili Cook-off & Car/Cycle Show Looking for something fun to do this weekend?  How about joining the Arlington Business Partnership at their 8th annual Chili Cook-off and Car show! When: May 29, 2010 from 9:30 a.m. to 5:00 p.m. Where: On Magnolia from Van Buren to Jackson, Arlington Village, Riverside Some of the featured events include chili tasting from 11:30 - 2:30, food, craft fair, car/cycle show and a beer garden!  There will be refreshments & entertainment for the kids including a Little Mr. Hot Sauce and a Little Miss Chili Peppers Contest! For more information please call 951-509-1100 Don't miss the 8th Annual Chili Cook-off & Car/Cycle Show!
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By Heather Chavez, Real Estate Virtual, Assistant (928) 692-3235
(Second Self Virtual Assistance)
I saw this the other morning while driving around.  It struck me so much, I made a U-turn and came back to take a picture.  So THIS is the REAL definition of ASAP:   Love, love, LOVE IT!  Churches can say alot in such a small amount of space.  Imagine what they could do with Twitter! Heather Chavez, Real Estate Virtual Assistant - Second Self Virtual Assistance: When There Isn't Enough of You to Go Around!
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By David A. McCloskey, Let's Make It Happen..NOW
(Pacific Home Brokers, DRE License# 01776597)
If you are looking to purchase a home in the beautiful city of Riverside, California, there are quite a few communities to choose from, which of course depends on your preference. For easy freeway access, all communities are just minutes away from interstate 91/60/215.    Some of the communities are as follows: Highgrove Indian Hills Orange Crest La Sierra and Lake Matthews Canyon Crest Arlington Indian Hills Woodcrest Please visit my website: http://www.davidmccloskeyrealestate.net for a list of homes currently up for sale in each of these communities and more. I welcome the opportunity to work with you towards a home purchase or sale.  David A. McCloskey - Let's Make It Happen...NOW! Coldwell Banker-Town & Country Claremont, California http://www.davidmccloskeyrealestate.net davidmccl...
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By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
    Today's business review is focused on SpinTech. Small Business growth is vital for economic growth and a major hurdle with today's economy. SpinTech is based in Southern California and produces a wide variety of performance mufflers and exhaust components.  Customer service with questions and product delivery was fantastic. My previous exhaust had developed a nasty rattle at idle in gear, and interior noise levels grew as the muffler reached the end of its life. Conversation on speaker phone while driving lacked clarity to say the least. Cabin drone (noise) was also a major concern. Installed it was remarkably quiet at idle both outside/inside ............. did I make the right choice? YES! Cabin drone issues vanished compared to the previous performance exhaust it replaced. Convers...
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By Heather Chavez, Real Estate Virtual, Assistant (928) 692-3235
(Second Self Virtual Assistance)
When my husband asked me where I wanted to go to eat lunch today, the first thing that popped into my head was Sub Station (3663 Canyon Crest Drive, Riverside, CA).  If you're from the area, you are well aware of what Sub Station has to offer.  If you're not, well, first I have to say "Sucks to be you."  And then I would have to say that Sub Station has the BEST sandwiches in Riverside, CA.  Dare I say, they have the best sandwiches in the county?  Yes.  I dare.  In fact, I'll go even further to tell you that Sub Station has quite possibly the best sandwiches in Southern California.  They are THAT good! Begun in 1972, Sub Station has been on the University of Riverside campus since gas cost $0.33/gallon and a brand new Volkswagen Bug cost $2200.  They're almost as old as I am.  They ha...
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By Vic Steele, Broker/Consultant
(Vic Steele, Broker CA DRE 01349863)
Rental Needed in Riverside for a single Mom with a great job.  She loves Canyon Crest and the "wood" streets!  They do have a dog.  We're set to close escrow on the sale of their house on June 11th and I need your help in finding her a rental home. Please contact me immediately if you have something currently available or coming up in the next few weeks. I know that, together, we can make this an Active Rain Success Story!  Did you know you get 500 points for an Active Rain Success Story?  Together we are better!
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Houses for Sale in Riverside CA - How Many Are There? Riverside CA houses for sale - The number of houses for sale or sometimes referred to as "inventory" is a critical component of any real estate market. The low inventory of available houses continues to stay about the same levels as it has been over the last number of months but is greatly reduced from late in 2008.   Read my post on current real estate activity in Riverside by ZIP code. The decline in houses for sale in Riverside CA from October 2008 to April 2010 is more than 64%. With the low housing prices and low interest rates, there continue to be lots of home buyers in Riverside CA right now.  With all the competition for the houses for sale, it is no wonder that these buyers are having a hard time getting their offers accept...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Sierra Heights Riverside, CA New Homes for Sale  Sierra Heights is a development of in the southwestern part of Riverside, California in zip code 92503. It is just off La Sierra Avenue south of the 91 freeway. Turn left off La Sierra at McAllister Parkway. The builder is Standard Pacific. (I would like to note here that I do not work for nor am I associated with Standard Pacific.) When completed there were will be 103 single family homes in Sierra Heights. It is the sister community to Sierra Bella (Lennar Homes).  The home sizes range from 3,138 sq feet up to 4,314 sq ft approximately with the minimum lot size of 15,000 sq ft - but averaging over 20,000 sq ft. There are no mello roos taxes here and the tax rate for this development is about 1.2%. There are HOA fees of approximately $26...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Houses for Sale Riverside CA - April  2010 Report Here is what is happening in residential real estate in Riverside CA houses for sale April 2010 (including the previous three months).  The number of houses for sale and the number of houses in escrow is as of April 5, 2010. These numbers are for single family houses and don't include condo/townhouse sales.  Click here for my blog showing how the number of Riverside CA houses for sale  has dropped significantly in the last year or so.  92501  Apr 2010 Mar 2010 Feb 2010 Jan 2010 # of houses for sale 59 57 65 74 # of houses in escrow 60 66 65 46 # of sold houses 27 20 10 23 Average list price  $164,630 $170,540 $185,055 $164,296 Average sold price  $163,513 $169,826 $177,555 $164,609   92503 Apr 2010 Mar 2010 Feb 2010 Jan 2010 # of houses ...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Lake Hills Reserve - Real Estate Activity Here is the latest information about the real estate market in Lake Hills Reserve - Riverside California. These numbers for Lake Hills Reserve are as of 5/5/2010.  Active listings    There are only five homes listed on the multiple listing service now.  Of those five homes, one is a standard sale, one is bank-owned and three are short sales.  These homes range in price from $374,000 for a 3450 sq ft home up to $550,000 for a 4576 sq ft home.  Two months ago there were 20 homes for sale in Lake Hills Reserve.  It is apparent that the inventory of homes for sale has really shrunk.    Here are the active listings in Lake Hills Reserve as of 5/5/2010. Listings in escrow    There are only four homes in escrow right now in Lake Hills Reserve.  Of thos...
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By Cameron Novak, Featured Corona Real Estate Agent Team
(The Homefinding Center)
Wienerfest 2010 Do you love dogs?  Do you love wienerdogs? Who doesn't right? This Saturday, May 8th, Fairmount Park in Riverside, California will be hosting Wienerfest 2010.  Join the crowd and watch some Dachshunds competing in races and costume contests.  There will be food booths, entertainment, and Councilman Mike Gardner judging the "best in show" costume.  You can also catch a trolley ride to and from the event. for more information call 951-233-2413   Spread the word. Tweet about this! Cameron Novak Riverside Short Sale Agents The Homefinding CenterTM Serving Riverside, California and Surrounding Areas 951-212-7479 The Homefinding Center on Facebook
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Riverwalk - Riverside CA Riverwalk in Riverside is a beautiful community in the southwestern part of Riverside, California. It is in a convenient location close to the 91 freeway, near Pierce and Collett.  Find out more about Riverwalk here. Current Real Estate Activity in Riverwalk as of August 11, 2010.  There are a lot of short sales in Riverwalk at this time. There are currently 23 homes listed as active on the multiple listing service. 13 are short sales, three are standard sales and three are bank-owned houses (REO's).  The least expensive home for sale in Riverwalk right now is listed at $199,000. The most expensive home is a 4252 sq ft house listed for $460,000.   There are 28 houses in Riverwalk that are in escrow at this time.  There are 20 short sales, four bank-owned houses ...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Victoria Grove -  A Terrific Neighborhood in Riverside CA Victoria Grove is a wonderful neighborhood in the southwestern part of Riverside, California. It is located south on La Sierra Avenue just north of Lake Mathews. Part of this community is between El Sobrante and Blackburn and the other part is on the other side of Blackburn.  My husband and I have many friends who live here.  We have sold a lot of homes here have also helped some wonderful people purchase homes in Victoria Grove.  It has many wonderful amenities for the residents  (which I describe briefly later) and even better are the amazing people who live in this neighborhood. Victoria Grove is in a terrific location - not far from the 91 freeway in Riverside and with easy, quick access to Corona Crossings and Dos Logos in C...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Victoria Grove- Riverside CA Here is an update on what is happening currently with the housing market in Victoria Grove Riverside CA.  This information is as of August 10, 2010.  Active Listings There are 16 houses currently for sale on the multiple listing service right now in Victoria Grove in Riverside California.  Of the houses currently for sale, nine are short sales, two are bank-owned (foreclosure) and five are standard sales. The least expensive house currently for sale is listed at $284,00 and the highest price Victoria Grove home is listed at $515,000.  Houses in Escrow There are currently 22 houses in escrow in Victoria Grove.  Of those, two are bank-owned, 14 are short sales, and there are six standard sales. List prices range from $300,000 to $599,00.  The number of houses ...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Riverside Short Sales and Foreclosures There are still lots of foreclosures and short sales in Riverside California.  I don't believe we will see a decrease in the numbers of these distressed properties for some time.  In fact,  I read today that Riverside County led the state in foreclosure activity during the first three months of this year, according to RealtyTrac.  They report that one in 34 households was in some stage of foreclosure in Riverside County during the first quarter of 2010. Read my post about the current real estate market in Riverside.  February 1, 2010 - March 31, 2010  -- Riverside (city not county) Sale of foreclosure homes     Total            = 317Average list price                                    = $192,648Average sold price                                  =...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
Houses for Sale Riverside CA - Report for March 2010 Here is what is happening in residential real estate in Riverside CA houses for sale March 2010 - and showing the last four months.  The number of houses for sale and the number of houses in escrow is as of April 5, 2010. These numbers are for single family houses -no condo sales are included.  Click here for my blog showing how the number of Riverside CA houses for sale  has dropped significantly.  With the continuing low housing prices and low interest rates, it remains a terrific time to buy a house in Riverside  if you can afford it. No one knows how much longer interest rates will remain at such low levels.  And if you can get into contract by the end of  April 2010, you may be eligible for the federal governments home buyer cred...
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By Richie Alan Naggar, agent & author
(people first...then business Ran Right Realty )
I was once asked this question and I really did not know the answer. I ended saying I use both, but something wasn't right. Looking back, I did not really know myself NOR use my best mode. LARK......If you go to bed early and awaken early...........YOU ARE A LARK OWL.......If you go to bed late and awaken late............YOU ARE AN OWL When I finally answered this question honestly, I then discovered a hidden cache of energy that I always had, but never used fully. You find a inner harmony that compliments your personal and professional life. FYI.......I AM A LARK ON STEROIDS Applications.......... In the flow.. is going with the Tide's direction using the energy of the tide to progress. So it is with understanding when you are at your best self. Choosing the battle..........for me, sin...
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By Vicki Pedersen, Providing Exceptional Real Estate Service
(Pedersen Real Estate)
A Hike Up Mt. Rubidoux  A couple of days ago my husband and I took a hike up to the top of Mt. Rubidoux which is located near downtown Riverside CA.  He is preparing for another marathon so the hike was easy for him, but going up I realized that I'm definitely not in shape like he is.  Mt. Rubidoux is a hill that has been designated a city park and landmark.  The 360 degree views at the top are spectacular. The Santa Ana River flows at the base of the hill. Mt. Rubidoux Park covers 161 acres and has 3.5 miles of paved roads (cars are not allowed), and numerous dirt hiking trails. Many historic markers and memorials have been placed on the hill, the most prominent are the cross at the summit dedicated to father Junipero Serra and the American flag.Mt. Rubidoux offers excellent hiking/wal...
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By Richie Alan Naggar, agent & author
(people first...then business Ran Right Realty )
A good agent is always focused on their clients needs and wants. It is done with devotion, caringness and dedication. WHO WOULDN'T WANT THIS? We have and continue to rely on professionals for everything important to us already. A smart business person (or even a not so smart business person) should always consult with a professional. Your are doing it now and here are some examples.......you are already using! 1. Dentist 2. Doctor 3. CPA..........NOW ADD TO THIS ......................4. REAL ESTATE AGENT. Everyone on the list ..............is important and each brings necessary value when needed. Now, more than ever, establishing a good relationship with an Real Estate Agent  is recommended. We are in the bottom of a Real Estate cycle. This means there are lots of opportunities to pursu...
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