Chino, CA

Four previously-owned homes closed escrow in Chino during the week ending Feb. 9, 2008, and 14 Chino homes were reported in escrow on Feb. 10, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes.

The MLS said 39 new Chino listings were added during the week, for a total inventory of 429 previously-owned homes listed in Chino on Feb. 10, including 281 single-family homes with no monthly fees and 148 condominiums, town homes and single-family homes in associations.

Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland.

Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, Ila would be happy to assist you.

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The House, in a 383-35 vote, has passed an economic stimulus bill that temporarily increases the loan limits for Fannie Mae, Freddie Mac, and the Federal Housing Administration. The stimulus bill (H.R. 5140) raises the loan limits to 125% of median area home prices in high-cost areas, with a $729,750 cap, and it is expected to increase home sales and help stabilize real estate markets. Raising the loan limits for Fannie and Freddie could generate 300,000 additional home sales, reduce the inventory of unsold homes, strengthen home prices, and help 210,000 families avoid foreclosure, according to the National Association of Realtors. "Simply lifting the loan limit will have an immediate impact on lessening foreclosures," NAR chief economist Lawrence Yun told reporters. Preliminary estimates also indicate that raising the FHA loan limit could generate 200,000 to 250,000 additional home sales and 500,000 refinancings. It would also reduce foreclosures, the association said, but NAR economists have not completed that analysis. The Senate is expected to pass its own stimulus bill by Feb. 1.

David Hood
Keller Williams Realty
Chino Hills Ca Real Estate

HomeSalesChinoHills.com

David Hood
Phone:
(909) 972-5569
in Toll Free:
(877) 380-7992

Three homes closed escrow in Chino during the week ending Jan. 26 and 41 homes were reported in escrow on Jan. 27, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of existing homes.

The MLS said 38 new Chino listings were added during the week, for a total inventory of 437 homes listed in Chino on Jan. 27, including 285 single-family homes with no monthly fees and 152 condominiums, town homes and single-family homes in associations. During the week, three Chino listings expired.

Whether you are buying or selling real estate, you will find helpful information on my website, http://www.ilajosephs.com/. If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you.

Seven homes closed escrow in Chino during the week ending Jan. 20 and 29 homes were reported in escrow on Jan. 20, according to the Inland Multi-Regional Multiple Listing Service.

The MLS said 43 new Chino listings were added during the week, for a total inventory of 445 homes in Chino Jan. 20, including 291 single-family homes with no monthly fees and 154 condominiums, town homes and single-family homes in associations.

During the week, 16 Chino listings expired. Some listings are put right back on the market, but other sellers are waiting until later in the year.

If you are looking at homes along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I would be happy to assist you.