Upland, CA Real Estate News

By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Eleven Upland homes were added to those listed for sale during the week ending Nov. 15, 2009, according to the Inland Multi-Regional Multiple Listing Service and four Upland properties were reported as entering escrow during the week.  A total of 131 Upland homes were listed for sale in the MLS on Nov. 15. Included are 93 single-family homes. There were 38 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Nov. 15; 45 homes were reported as vacant. The MLS showed 11 foreclosed, or Real Estate Owned, homes listed in Upland on Nov. 15; 37 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Seven Upland homes were reported in the MLS as sold in the week ending Nov. 15, 2009.  Ila...
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
Nostalgia is a good thing. One of the things about nostalgia is that it tends to come back around. See if you remember these gems: Homes had owners in them Cash offers were accepted...quickly Listing agents lived in the same city as their listing Asset managers were guys that handled money, not homes When someone said REO, you first thought of a great rock band of the '80's Short sale negotiators didn't exist Fannie & Freddie were funny names of companies most people never heard of Purchase contracts got a Counter Offer, not a bank addendum Voice mails were returned You bought cars and cattle at an auction Ahhhhh the good old days. I think we've all kind of forgotten that these all applied less than four years ago.As long as we learn the lessons of excess, they will come around again. ...
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
As our market continues to calm, Southern California is seeing the beginning of home appreciation again. Are things all better now? Of course not. And there are those who will say it's only a temporary spike. Or others that will some how blame The First Time Buyer Tax Credit Extension for skewing the numbers. Personally, I am glad to find and share good news. We have forgotten that a large part of any market's decline or rise is based on emotion and confidence. Headlines have a way of building on themselves either way. So please take a moment and click the link below: Southern California home prices edge upward again in October -- latimes.com
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
For those of you old enough to remember Whitney Houston singing The Star Spangled Banner during The Super Bowl, it's one of the versions you never forget. For those of you that might never have seen it, take a moment and watch this clip:   As a hobby, I referee high school basketball. More than all the other privileges it allows me, the single greatest is that at least 35-40 times a season, I get to stand with a gym full of people, proudly face our flag and listen to a rendition of The National Anthem. To this very day and after all these years, I STILL get goose bumps every time. It doesn't matter if the singer is a 6 year old singing totally off key, or the recorded version of the video above. If this video doesn't evoke some kind of reaction from you, especially on Veteran's Day,don'...
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
The extension of The First Time Buyers Tax Credit is now here. There are a lot of questions as to what may/may no be included. The National Association of Home Builders has put together a rather helpful site. I found this after watching a Think Big, Work Small video this morning. Here's the link for the Q &A: There are many that are on either side of Home Buyer Tax Credit debate. As I've stated here, I am for it. While I'm not usually in favor of subsidies, this market is far from usual. The inherent difference in this credit is that it doesn't just fall into a black hole, a la TARP. Buyers do buy in part because of this credit. Once in a home, they need contractors, appliances, etc. For once, I do have to take the side of my more liberal brethren.
Comments 2
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirteen Upland homes were added to those listed for sale during the week ending Nov. 8, 2009, according to the Inland Multi-Regional Multiple Listing Service and eight Upland properties were reported as entering escrow during the week.  A total of 128 Upland homes were listed for sale in the MLS on Nov. 8. Included are 94 single-family homes. There were 34 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Nov. 8; 42 homes were reported as vacant.  The MLS showed seven foreclosed, or Real Estate Owned, homes listed in Upland on Nov. 8; 41 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Seven Upland homes were reported in the MLS as sold in the week ending Nov. 8, 2009.  I...
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
Some people are in favor of the extension of the  Home Buyer Tax Credit, and some are not. I completely understand varying view points on "stimulus" money. "Stimulus", by the way, may be the single most over used word of this decade. Anyway, let me say that I am for the Homebuyer Tax Credit. Let me also say that by no means am I a tax & spender. BUT this stimulus is already working. People ARE buying homes. So people DO hire contractors, go to Home Depot, buy carpet and so on. Of all the corporate, dead end, counter productive bail out funds being tossed around, THIS one actually works. Now here's where my math gets juuuuuust a tad fuzzy. In other blog responses here,and in other articles, I keep hearing the following: " The Homebuyer Tax credit will cost taxpayers $48,000 per home!!" ...
Comments 6
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
This just in: Senate OKs extension of home-buyer tax credit and jobless aid -- latimes.com From previous blog responses, I know not everyone is in favor of the Home Buyer Tax Credit Extension. I am. Given all the money being thrown at corporations, this stimulus money is already doing what it is designed for, stimulating the home buying sector of our economy. The bill is now being sent to The House for approval.
Comments 3
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Eleven Upland homes were added to those listed for sale during the week ending Nov. 3, 2009, according to the Inland Multi-Regional Multiple Listing Service and 10 Upland properties were reported as entering escrow during the week.  A total of 129 Upland homes were listed for sale in the MLS on Nov. 3. Included are 94 single-family homes. There were 35 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Nov. 3; 43 homes were reported as vacant.  The MLS showed eight foreclosed, or Real Estate Owned, homes listed in Upland on Nov. 3; 43 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Fifteen Upland homes were reported in the MLS as sold in the week ending Nov. 3, 2009.  Ila ...
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
This article just broke in the L.A. Times: Feared flood of foreclosures in California may be averted -- latimes.com While we are far from seeing a healthy market, the beginning has now started.
Comments 0
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
This just in from MarketWatch:  Positive news expected in housing reports - MarketWatch
Comments 1
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
Can something come full circle when it's still spiraling out of control? I just saw this this article: click here . It seems that Chase Bank is lobbying to get approval to do Interest Only Loan Modifications. Maybe it's just me, but aren't interest only loans part of the reason our homes are worth about 1/2 of what they were. This assuming you are actually still in your home. My personal assumption is that none the TARP money given to banks was used for intelligence testing. Loan modifications don't work. They are a band-aid on an amputation. Well over 50% of all mods end up back in default within a year: So what could possibly possess one of the largest mortgage banks in the world to combine one of the worst loan features ever to grace the pages of a promissory note with one of the lea...
Comments 11
By Pat Palmer, Realtor - Upland, CA 91786
(Forefront Real Estate/ Forefront Mortgage)
The link below proves that the sky is NOT falling. In fact, it's only rain: Housing upturn occurring in some parts of Southern California, data show -- latimes.com
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fourteen Upland homes were added to those listed for sale during the week ending Oct. 12, 2009, according to the Inland Multi-Regional Multiple Listing Service and nine Upland properties were reported as entering escrow during the week.  A total of 136 Upland homes were listed for sale in the MLS on Oct. 12. Included are 97 single-family homes. There were 39 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Oct. 12; 39 homes were reported as vacant. The MLS showed 11 foreclosed, or Real Estate Owned, homes listed in Upland on Oct. 12; 40 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Eight Upland homes were reported in the MLS as sold in the week ending Oct. 12, 2009.  I...
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fourteen Upland homes were added to those listed for sale during the week ending Oct. 5, 2009, according to the Inland Multi-Regional Multiple Listing Service and nine Upland properties were reported as entering escrow during the week. A total of 141 Upland homes were listed for sale in the MLS on Oct. 5. Included are 98 single-family homes. There were 43 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Oct. 5; 41 homes were reported as vacant.  The MLS showed 13 foreclosed, or Real Estate Owned, homes listed in Upland on Oct. 5; 49 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. Thirteen Upland homes were reported in the MLS as sold in the week ending Oct. 5, 2009. Ila J...
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Eleven Upland homes were added to those listed for sale during the week ending Sept. 27, 2009, according to the Inland Multi-Regional Multiple Listing Service and eight Upland properties were reported as entering escrow during the week.  A total of 136 Upland homes were listed for sale in the MLS on Sept. 27. Included are 90 single-family homes. There were 46 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Sept. 27; 36 homes were reported as vacant.  The MLS showed 13 foreclosed, or Real Estate Owned, homes listed in Upland on Sept. 27; 48 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Ten Upland homes were reported as sold in the MLS in the week ending Sept. 27, 2009....
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fifteen Upland homes were added to those listed for sale during the week ending Sept. 12, 2009, according to the Inland Multi-Regional Multiple Listing Service and 10 Upland properties were reported as entering escrow during the week. A total of 141 Upland homes were listed for sale in the MLS on Sept. 21. Included are 92 single-family homes. There were 49 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Sept. 21; 34 homes were reported as vacant.  The MLS showed 10 foreclosed, or Real Estate Owned, homes listed in Upland on Sept. 21; 55 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Six Upland homes were reported as sold in the MLS in the week ending Sept. 21, 2009.  I...
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fourteen Upland homes were added to those listed for sale during the week ending Aug. 30, 2009, according to the Inland Multi-Regional Multiple Listing Service and 11 Upland properties were reported as entering escrow during the week.  A total of 142 Upland homes were listed for sale in the MLS on Aug. 30. Included are 89 single-family homes. There were 53 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Upland on Aug. 30; 41 homes were reported as vacant.  The MLS showed 15 foreclosed, or Real Estate Owned, homes listed in Upland on Aug. 30; 54 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  Sixteen Upland homes were reported as sold in the MLS in the week ending Aug. 30, 2009.  ...
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
OPEN HOUSE Sunday, Aug. 23, starting at 11 a.m. This is a very well maintained, very clean single-story townhome in Bouquet Estates, just west of Campus Avenue and south of 14th Street. It has two bedrooms (master has a large walk-in closet) and a private patio. Living room/dining area opens to a lush backyard with direct access to the 2-car garage. This is a standard sale - quick response from seller and fast escrow possible! Refrigerator, washer/dryer are included in the sales price. Built in 1979, Bouquet Estates has 64 townhomes and assocation fees are a low $165 per month. Great location and within walking distance to schools, shopping and entertainment. Can't make the open house? No worries. Call (909) 261-3541 for an appointment to visit! But don't wait too long - this listing wi...
Comments 0
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirty-two Rancho Cucamonga homes were listed for sale during the week ending Aug. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service. A total of 305 Rancho Cucamonga homes were listed for sale in the MLS on Aug. 21. Included are 189 single-family homes. There were 116 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Rancho Cucamonga on Aug. 21; 113 homes were reported as vacant.  The MLS showed 33 foreclosed, or Real Estate Owned, homes listed in Rancho Cucamonga on Aug. 21; 146 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were nine Rancho Cucamonga homes reported as sold in the MLS in the week ending Aug. 21, 2009.  Ila Josephs, an associate Realto...
Comments 0