With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell—whether to upgrade or find a new neighborhood—there are a few ways to combat the low inventory.
Look to buy first In most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see anything on Zillow, it doesn't mean you can't or won't find the right home.
Think outside the box Be proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have your real estate agent send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legally Each state varies in how the purchase process is conducted. Talk to your real estate professional about adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.
Want to learn more about selling your home. Click here.
Click here to learn more about buying a home.
Here are some tips to help keep your home from being burglarized - particularly when your home is listed for sale.
Residential real estate trends in Corona are almost the same as Riverside. The number of sold listings ticked up in December. But the number of active listings and the those in escrow (pending) continued downward. With the recent increase in interest rates, we'll probably see a continued downward trend into early 2017.
Let us know if you have any questions or if you'd like to get a market report for your city. Search for Corona CA homes for sale.
The number of sold listings ticked up in December. But the number of active listings and the those in escrow (pending) continued downward. With the recent increase in interest rates, we'll probably see a continued downward trend into early 2017.
Let us know if you have any questions or if you'd like to get a market report for your city. Search for homes for sale in Riverside.
Victoria Grove is one of my favorite neighborhoods and I’m not alone in that. A long-time resident of Victoria Grove who is a good friend says that she likes that it is nestled away from things to be peaceful. She also loves the community involvement, the community amenities and the sense of unity here.
Here’s an update on the current real estate activity in Victoria Grove Riverside CA as of December 15, 2016. Victoria Grove is a beautiful gated community in the Southwest part of Riverside California - near Lake Mathews. It is about about three miles south of the 91 freeway just off La Sierra Ave. It is a very terrific community with nice houses and great community amenities - and it is one of our favorite neighborhoods in Riverside
There are 19 houses currently for sale (active listings on the multiple listing service) in Victoria Grove in Riverside California. Of the houses currently for sale, there are two short sales and one foreclosure. The least expensive house currently for sale is a short sale listed at $400,000. The highest price listing is a 4800 sq ft home listed for $999,900. The average list price in the community is $578,048 (including the almost $1M home) and $554,611 (not including that home).
Houses in Escrow
There are only four houses in escrow right now.
There were a total of 16 houses close (sold) in the last 100 days in Victoria Grove. The most expensive house sold for $620,000 (a 4078 sq ft house) and the least expensive was a 2642 sq ft house that sold for $410,000.
Click here to learn more about the wonderful community of Victoria Grove. Contact us if you are thinking of selling your Victoria Grove house or if you are interested in learning more or buying in Victoria Grove.
Here ae the latest numbers of sales in Riverside and Corona for single family houses. The market is slowing - including the number of listings and the number of sales. Check out the graphs here. If you would like us to create a market report for a different Inland Empire City, let us know.
The latest report from Inland Valley Association of Realtors just came out for all residential sales in Riverside and Corona. For Riverside, the number of sales for the first 10 months in 2016 is 22% over November of 2015 and the median sales price increased in that same time period 6%. For Corona, the number of sales in the first 10 months stayed the same as a year ago and the median sale price increased only 2%.
Let us know if you would like to receive a market report for your city or zip code. Search for Corona and Riverside houses for sale.
Here's a snapshot of the real estate market in Riverside. Let us know if you are interested in receiving this information for any other area or zip code.