What Is A Yucaipa Short Sale, And Why Would A Bank Consider It? Simply stated, a Yucaipa short sale occurs when the bank accepts an offer on your home that is less than what is owed on the mortgage. For example, let’s say you owe $300,000 on your home in Yucaipa, and the market value is $150,000. Our Yucaipa CA REALTOR team lists the property for sale, and receives an offer of $150,000. Basically, we are “shorting” the bank $150,000. In doing so, your lender will “forgive” the debt and allow you to move on with your life. Banks accept Yucaipa short sales because they are better for their bottom line, when compared to foreclosure. A typical foreclosure will cost the bank anywhere from $15,000-$50,000 in legal fees, maintenance costs, utilities, etc. A Yucaipa short sale not only recoups ... 10/21/2013

Hawks Soaring Above on my Hike       Thanks for Reading my Blog   California is a dream-come-true state no matter what your needs or wants are. We have year round warm weather, beautiful beaches, rustic mountains and desert communities. If you are looking for a home in Southern California, please contact me. I am a local California Realtor, live in the Inland Empire community and am aware of the local market. I am here to help you find a home or to sell the home you currently own. California has great opportunities to view Nature and Bird Watching. Whatever your needs are, you will find it here in California! From the Inland Empire you are 45 minutes to the beaches, mountains or desert. Housing is affordable in the Inland Empire area! Kristin Hamilton DRE #01492138 Keller Williams Realt... 09/28/2013

It seems that some home owners may have wished that they listed sooner. Back in April Inventories were low and listings were receiving multiple offers. Now it seems that inventories are once again growing, and in some instances dramatically. This is giving buyers more choice and houses attracting multiple offers are becoming fewer. Asking prices have also dipped slightly as home owners have to be a little more realistic when pricing their home. All in all this is a good thing and we are seeing signs that the housing market is returning slowly to a normal market.   Cities with the biggest inventory increases since April 2013 are listed below (courtesy of realtor.com) 1. Orange County, Calif. Change in inventory from April 2013 to August 2013: 100.3% 2. Los Angeles-Long Beach, Calif. Chan... 09/19/2013

An interesting report in the Wall Street Journal supported by data from the National Association of Realtors is trying to explain where all the first time homebuyers are. Figures show that First Time Homebuyers accounted for only 29% of purchases this year to date compared to 40% traditionally since the 80's. So why? Where are they? It is true that inventory's have been low and investors have been buying as much property as they can get their hands on, but it seems that this is not the underlying cause. Home size seems to be the biggest factor, and I didn’t see that one coming! First time homebuyers need affordability and that equates to smaller more reasonably priced homes and they don’t exist. The Census Bureau confirmed that home sizes are continuing to grow with the average new home... 09/18/2013

So no bubble? I certainly hope that is the case. A report in today's Los Angeles Times shows that house prices remained flat in August for the second straight month. Before you start getting excited and thinking this is a bad thing stop and think. House prices have been increasing at an alarming rate (24.6% year on year) which is unsustainable and would in my opinion lead to another bubble with catastrophic consequences to the housing market. This latest signal tells me that we are now in a period of measured increases leading to a sustained and realistic recovery of the housing market. The overriding cause seems to be an increase in inventory combined with increasing mortgage rates. Increasing property prices are creating more and more homes with positive equity allowing their owners t... 09/16/2013

Squirrels Playing with Limes in my Backyard   While at my new house today, I saw what I thought was a green ball roll into the dirt of my backyard. Upon closer observation I realized it was a large green lime???             Then in the corner of the yard I see 2 squirrels fighting over a second lime.                   I tried to get close but was taking pictures with only my iPhone.                     Thanks for Reading my Blog   California is a dream-come-true state no matter what your needs or wants are. We have year round warm weather, beautiful beaches, rustic mountains and desert communities. If you are looking for a home in Southern California, please contact me. I am a local California Realtor, live in the Inland Empire community and am aware of the local market. I am here to he... 09/12/2013

Just maybe it is time to leave the Ark. But keep that umbrella close at hand. That seems to be the message in today's RealtyTrac report.In it's U.S. Foreclosure Market Report™ for August 2013 it shows default notices, scheduled auctions and bank repossessions — were reported on 128,560 U.S. properties in August, a decrease of 2 percent from the previous month and down 34 percent from August 2012. Well that’s the good news now grab the umbrella. Foreclosure starts did increase from the previous month in 17 states, including Nevada (up 226 percent), Ohio (up 44 percent), Maryland (up 24 percent), California (up 12 percent), and New York (up 8 percent). Bank repossessions (REO) in August increased 6 percent from the previous month but were still down 25 percent from a year ago. REO activit... 09/12/2013

With so much in the news recently regarding the booming housing markets are we now starting to see signs of a new slow down? I recently blogged about Home Prices Rising 24.5% Year on Year yet today I read two different stories. One detailing a study by RealtyTrac stating that 8.3 million borrowers who’ve been underwater are on track to have enough equity to sell their home within the next 15 months-without resorting to a short sale. Good news!! However there is a downside. A combination of more homeowners with equity and rising mortgage rates have a twofold impact. First inventories are increasing with more homeowners being able to sell now that they have equity. This is given buyers more choice and reducing some of the craziness in the market. Realtor.com reported that inventory rose b... 09/11/2013

Sleeping Policemen; what are they? I hear you say. Well they are not what you may immediately think of. No they are not the local Sheriff sleeping off his coffee and donuts under a shade tree. They are in fact Speed bumps placed in neighborhoods to slow traffic down. I am originally from England and that's what they are called over there. So why do I bring this up? Well in my neighborhood, Hidden Meadows in Yucaipa, they are causing quite a stir. We have quite a steep downhill which has a 25 mph speed limit yet a lot of motorists are seen doing at least double that. Clearly a danger to local children etc. The City of Yucaipa installed several Speed Bumps to slow the traffic down. Well not all the community feels the same way and some feel they cause damage to their vehicles. My argument... 09/10/2013

I have always wanted to find a way to connect a neighborhood so that neighbors can share information such as events, issues, crime, yard sales etc and recomend services. Well I found it. NextDoor.com is the answer, easy to use and a great way to network and connect with your neighbors. I created our Nextdoor because I believe that a neighborhood is one of the most important and useful communities in a person's life. I believe in the traditional notion of neighbors as people who help and look out for each other. I hope that Nextdoor members embrace the concept of being neighborly to each other. So why not join our NextDoor community https://hiddenmeadowsca.nextdoor.com/ Use this link to sign up and we both get a $50 Amazon Gift Card nextdoor.com/amazon/?r=mhghaw   Graham Holmes Yucaipa -... 09/09/2013

"Even the Birds say "On A Clear Day You Can See for Miles"   The hills of Calimesa are lovely this time of the year and the sky is clear and the hills are bluish purple. Even the birds stare at the mountains in awe. Look carefully in the tree and you will see a bird.                       Thanks for Reading my Blog         California is a dream-come-true state no matter what your needs or wants are. We have year round warm weather, beautiful beaches, rustic mountains and desert communities. If you are looking for a home in Southern California, please contact me. I am a local California Realtor, live in the Inland Empire community and am aware of the local market. I am here to help you find a home or to sell the home you currently own. California has great opportunities to view Nature an... 09/08/2013

Are you considering selling your Yucaipa, California home but are wondering what it could be worth? Hiring the right listing agent in Yucaipa is the first step to a successful sale. A prfessional and experienced Yucaipa REALTOR can price your home to maximize the selling price and attract numerous buyers to bid on the property. Marketing and advertising is also an important aspect of a successful home sale. If you'd like to explore your options and find out what your Yucaipa home could be worth, Call us now: ------------ Call (888) 9-List-It. That's (888) 954-7848. ------------ 09/06/2013

According to the latest numbers from Zillow home prices in the Yucaipa area have increased 24.5% with the median home price now at $247,000. This is excellent news and shows that we are now in a period of strong and sustained growth. So what does this mean for the market? Well it is a real boost for homeowners who were underwater or had marginal equity meaning that they can at last think about selling. This should start to generate an increase in home sales and all the associated retail services that go with it. if you are curious to find out how much your home could sell for then call for a free no obligation market analysis and you never know you may be pleasantly surprised Graham Holmes Lisitng Broker 951 634 4118   Yucaipa Zillow Home Value Index 09/06/2013

Distressed California Homeowners May Qualify for California's Keep Your Home California Transition Assistance Program (TAP) Another new scheme has been announced to help Distressed California Homeowners transition to a new residence. If a financially distressed California homeowner can no longer afford their homes and are pursuing a short sale or a deed in lieu of foreclosure, they may be eligible for financial help with their relocation to alternative housing. The state of California is providing up to $5,000 in transition assistance to qualified homeowners who can no longer afford to stay in their homes. They must: Apply for the funds through their state's website or by calling 1.888.954.5337. Maintain their property until their house is sold or returned to the lender via a negotiated... 09/05/2013

Yucaipa California Short Sale Real Estate Agents - Yucaipa CA Short Sale REALTORS - Yucaipa Short Sale --------------- Call Us Now: 1 (888) 9-LIST-IT --------------- Many homeowners in Yucaipa California are having trouble paying their mortgage every month. Many houses and homes are worth considerably less than the mortgage owed. Some homes are worth less than half of the mortgaged amount! You may be behind in your house payment, or maybe not yet, but don't let your house foreclose! A more prudent solution is to short sale that Yucaipa CA house. But first you need to hire the #1 Yucaipa Short Sale Agents to help you with your difficult situation, and we offer our real estate services to you for free! We make our commission from the bank's proceeds. We are experienced Yucaipa short sale ... 09/04/2013

Senior Health Fair  Rancho Cucamonga, CA  on Friday September 13th   Be sure to stop by the Senior Health Fair this Friday for "FREE" care, support, and have a lot of fun. Location: 9080 Miliken Avenue, Rancho Cucamonga, 91730.   Call to reserve your seat 1-800385-1280     See map below for directions.   Thanks for Reading my Blog.     California is a dream-come-true state no matter what your needs or wants are. We have year round warm weather, beautiful beaches, rustic mountains and desert communities. If you are looking for a home in Southern California, please contact me. I am a local California Realtor, live in the Inland Empire community and am aware of the local market. I am here to help you find a home or to sell the home you currently own. California has great opportunities to v... 09/04/2013

Yucaipa CA Real Estate Statistics by Status and Type - As of Sept. 1, 2013 Click Here For Yucaipa CA REALTORS Statistics by Status and Type Use this sheet to see basic statistics on the market gouped by status and type.                       Status: Active (100)   Type: Single Family Residence (100)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 101,000 1 - 2 1.00 1924 1,056 3,600 Max 2,750,000 723 - 7 7.00 2011 9,350 1,663,513 Avg 431,178 73 - 4 3.08 1982 2,676 65,205 Sum 43,117,825   -           Criteria: Status is 'Active' City is 'Yucaipa' 09/01/2013

Yucaipa Homes For Sale Statistics By Status and Price 9/1/13 Yucaipa CA REALTORS Statistics by Status and Price Use this sheet to see basic statistics on the market gouped by status and price.                       Status: Active (100)   List Price: $100,000 - $200,000 (11)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 101,000 2 - 2 1.00 1950 1,056 3,752 Max 199,900 124 - 4 3.00 1963 1,744 18,810 Avg 172,589 48 - 2 1.82 1958 1,370 9,683 Sum 1,898,478   -           List Price: $200,000 - $300,000 (23)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 210,000 1 - 2 2.00 1924 1,186 3,840 Max 299,000 125 - 4 3.00 2006 2,243 74,052 Avg 257,009 35 - 3 2.35 1971 1,725 19,486 Sum 5,911,198   -           List Price: $300,000 - $400,000 (29)     List Pric... 09/01/2013

Yucaipa Active Home Statistics by Market Area - Sept. 1st, 2013 Click Here for Yucaipa CA REALTORS Statistics by Market Area Use this sheet to see basic statistics on the market grouped by market area.                     Area: Yucaipa/Calimesa (100)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 101,000 1 - 2 1.00 1924 1,056 3,600 Max 2,750,000 723 - 7 7.00 2011 9,350 1,663,513 Avg 431,178 73 - 4 3.08 1982 2,676 65,205 Sum 43,117,825   -           Criteria: Status is 'Active' City is 'Yucaipa' 09/01/2013

Yucaipa Basic Market Statistics - Active Yucaipa Homes for Sale 9/1/13 Yucaipa CA REALTORS Basic Market Statistics Use this sheet to see basic statistics on the market as a whole.                     Status: Active (100)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 101,000 1 - 2 1.00 1924 1,056 3,600 Max 2,750,000 723 - 7 7.00 2011 9,350 1,663,513 Avg 431,178 73 - 4 3.08 1982 2,676 65,205 Sum 43,117,825   -           Criteria: Status is 'Active' City is 'Yucaipa' 09/01/2013