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Welcome to Pedersen Real Estate, your source for all your Riverside County real estate needs.  Our team of full-time Realtors® are dedicated to helping home buyers and sellers in Riverside, Corona, Norco, Lake Elsinore, Murrieta, Moreno Valley, Perris and other nearby communities. We are experienced Realtors® who provide an exceptional level of service to our clients when purchasing or selling a home.

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Riverside homes for sale CA

Riverside, California is listed as “One of America’s Most Livable Communities” and is one of the fastest growing metropolitan areas in the United States. Riverside is the county seat of Riverside County, California. Riverside is named for the nearby Santa Ana River, and is the birthplace of the California citrus industry. Riverside is the largest city in California's Inland Empire region, the 14th-largest metropolitan area in the nation.   Riverside is a thriving and lively city, that has experienced explosive growth in recent years. 

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Corona CA homes for sale

Corona 

Corona sits in the foothills of the Santa Ana Mountains and is approximately 45 miles southeast of Los Angeles.  In recent years, Corona has changed from a working-class bedroom community for Orange County and the larger cities of the Inland Empire to a full-fledged edge city in its own right, with industrial parks opening near Norco and luxury housing communities. Corona is one fastest growing and most popular areas in Riverside County.        

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Norco Real Estate Homes for Sale

Norco  

Norco was once primarily agricultural and it has remained true to its Western heritage. Located in Riverside County’s “Inland Empire” along the Santa Ana River and adjoining Orange County. The “Old Town” area features country stores and horse properties with a large network of horse trails. The entire community has more than 88 miles of bridle trails and the entire Santa Ana River basin for riding and the city well fits its other name "Horse Capital of the World".

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Moreno Valley homes for sale

Moreno Valley

Moreno Valley is a city located in Riverside County, California. As of 2008, the population of Moreno Valley was 180,466. A relatively young city, its rapid growth in the 1980s and the 2000s propelled it to its status as second-largest city in Riverside County by population, and one of the Inland Empire's largest population centers.

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Perris California Homes for Sale

Perris 

Perris is a city in Riverside County, California near the city of Riverside and very close to a popular recreation area, Lake Perris . The city is named in honor of Fred T. Perris, chief engineer of the California Southern Railroad. Perris was established along the railroad route connecting present day cities of Barstow and San Diego.

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Lake Elsinore Homes For Sale

Lake Elsinore

Lake Elsinore is located in western Riverside County, south of the city of Corona.  As of 2009, it had an estimated population of about 50,200.  The size of the Lake Elsinore is 38.8 square miles, of which 33.8 is land and 5 miles is water. The city was named for  nearby Lake Elsinore, which is the largest fresh water lake in Southern California. The housing market in this community consists mainly of single-family homes, some condominiums and land lots for custom building.

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Murrieta CA homes for sale

Murrieta

Murrieta is one of the fastest growing cities in California. It is located in southwestern Riverside County. The population of Murrieta was estimated to be about 100,200 in 2008. Mostly residential, Murrieta is considered a commuter town, with large numbers of its residents commuting to jobs in San Diego and Orange Counties, Temecula or Camp Pendleton. Murrieta is bordered by Temecula to the South and the newly incorporated cities of Menifee and Wildomar to the North. 

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Canyon Lake home sfor sale real estate

Canyon Lake

Canyon Lake is a unique community in Riverside County, east of Lake Elsinore.  It is one of only five gated cities in California, Canyon Lake and it began as a master-planned community developed in1968.  It geographically spans 4.7 square miles. The Lake was originally formed in 1927 after Railroad Canyon Dam was built. Canyon Lake has a resort-like atmosphere with many lake-front properties on its 14.9 miles of shoreline.

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Menifee CA houses for sale

Menifee

Menifee is a relatively new city located in Southwestern Riverside County. The city is roughly 50 square miles in size. The City of Menifee includes the communities of Menifee, Sun City, Quail Valley, Paloma Valley and portions of Romoland.  Menifee is known for its views of the San Jacinto Mountains and the San Bernardino Mountains.

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Riverside CA Houses for Sale -- Corona CA Houses for Sale

Riverside Houses for Sale – Corona Houses for Sale - Riverside CA Real Estate

Welcome to your one-stop source for  Riverside CA homes for  sale, Corona CA homes for Sale, Lake Elsinore Homes for sale, Moreno Valley homes for sale, Murrieta homes for sale and local information about Riverside CA real estate, Corona CA real estate, Lake Elsinore real estate, and Murrieta real estate.  Whether you are a buyer or seller, if you are looking for information about  real estate, this is the place to be . 

Are you having a hard time making your mortgage payments?  Do you need to sell your house but you owe more than it is worth?  To get help and answers to your questions, click anywhere on the photo below.

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If you own real estate that you're thinking of selling, we would be happy to provide you with a FREE Home Evaluation.

ALERT!

Mortgage rates are at a 40-year low, home affordability in Riverside and Corona and throughout the Inland Empire is better than it has been in years, there are a lot of terrific houses for sale to choose from, and rents are on the rise in more than 500 cities across the US.  Could there possibly be a better time to buy a home for you and your family or to invest in real estate?

The foreclosure pipeline is filling again as the delays in processing - which have artificially lowered foreclosure filings over the past year - are now being lifted. More foreclosures mean more inventory and a higher demand for rental units among former homeowners.  Considering the increasingly pronounced stock market volatility, residential real estate has risen to the forefront as one of the most solid investments available.  To get started on your home search, call us today. 

  Riverside CA Houses for Sale -- Corona CA Houses for Sale

Riverside CA Real Estate Activity - November 7, 2011


As of November 7, 2011
Active Listings
% of Total
Pending Listings
% of Total
Sold Listings
(in the last 30 days)
% of Total
Standard Sales
447
40%
156
22.7%
103
33.6%
Bank Owned (REO)
167
15%
174
25.3%
105
34.3%
Short Sales
505
45%
346
50.3%
98
32.0%
Other
4
.035%
11
1.6%
0

Total
1123

687

306


Here is a snapshot of what is currently happening in Riverside CA in residential real estate.  Short sales are still the dominating force of the market right now based on the continuing high numbers of short sales for sale and pending short sales.  (I did not include the many short sales in back-up status currently in this chart.)  There are also a lot of standard sales and many of those are flip properties - where an investor has bought the house, fixed it up or rehabbed it, and then put it on the market for sale.  They can be wonderful for buyers who don't have the time or cash to fix up a house, particularly first time buyers. 

 
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