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There has been alot of excitement in the City of Menifee, California lately! The long awaited Country Market has finally opened. The new shopping center is located off the Newport Road Exit and the 215 freeway.
Some of the stores that have opened are a Super Target, Best Buy, Kohls, Lowes and Staples. We also now have a Red Robin resturaunt. More stores to come include Old Navy, Tilly's, and several speciality shops which should be announced over the next several months.
Residents of Menifee are very thrilled to finally have a shopping center. Come stop by if you haven't had a chance. You will be impressed once you enter the parking lot...not just your typical parking lot...but lined with beautiful landscaping, benches, trees and potted plants. The entire shopping center carries the Country theme. It really is a must see. Welcome to Menifee!
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I work Palmilla on the Green regularly. I represent both buyer's and sellers in this wonderful Menifee Community. This 55 plus community is a real gem. It is a quaint housing tract which consists of about 275 homes and 4 different floor plans. Square footage starts at 974 for a 1 bedroom plus den or 2 bedroom, 2 bath, galley kitchen, sweet little backyards~~~just enough room for gardening. All of the homes have 2 car garages and either a separate laundry room, laundry closet or laundry located in the garage. The community has a golf course as well as a club house with swimming pool and whirlpool hot tub.
The community is in a great location just off the 215 freeway and Newport Road exit. You can walk to plenty of shopping including Target and Ralph's plus the new shopping center which will be complete fall of 08' There will be plenty of resturants plus a anchor stores such as Best Buy, Kohl's and a Lowes. This great community is also located walking distance from Menifee Lakes. Menifee Lakes is a beautiful area with walking trails and a lagoon with paddle boats.
If you want to learn more about the community, please just give me a call. I'd be happy to answer any questions or show you any properties that are currently for sale. Prices range from the low to mid 200s.
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With home sales in most areas of the country declining many companies and Real Estate Agents are cutting costs to make ends meet and keeping an eye on the bottom line is imperative to the survival of any business but where do we draw the line on cutting expenses?
Saturday I arrived at my office as usual at 7:30 and since it was the first time in quite a while I didn't have any clients coming in to look at homes it was the perfect time to catch up on paperwork and that was exactly what I was doing when the phone rings at 8:15. The gentleman on the line, Rich, asked me if we have an agent in our office and he began to describe the person and ended his statement by saying this agent showed me property 10 days ago but he didn't give me a card and I don't remember his name.
After explaining to Rich we didn't have anyone fitting his description in our office he tells me he saw our ad in the newspaper with bank owned properties (REO) and could I show he and his daughter, Tara, houses today as she needed to buy a home ASAP as she was paying too much in income taxes being a renter.
Two hours later Tara and Rich are in my office speaking with a lender on the phone who gave us the price range to stay within and with the information given to me by Tara describing the type of home she wants it's off to Menifee,Ca. to look at 5 REO properties that fit her needs. Tara fell in love with one of the homes and made a full price offer after seeing the sales comparables for the area and her offer will be presented to the bank on Monday and the poor girl probably will lose sleep waiting for an answer as she is so excited.
Cutting costs can become necessary in any business but the only thing cheaper than a few business cards is a persons own face and it appears some folks put themselves Out Of Business!!!
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I don't know about everyone else, but we are definitely seeing alot more buyers out there in recent weeks. Open Houses are buzzing with potential buyers and investors are looking for some great deals. Our office just had a record month last month! Our board was completely filled not only with new listings but sales as well. I am definitely feeling more optimistic that the market is turning around. And when buyers ask me 'Have we Hit Bottom Yet,' I simply respond...we won't know until six months after the fact...so don't wait to buy as it may be too late! That is the best advice I can give to someone that may be sitting on the fence or waiting for prices to drop further.
Another thing we have noticed out of our office is that bank owned properties are selling very very quickly here in Menifee. They are selling for asking price or more and in many case multiple offers. I hope other offices are experiences this sudden surge. Our office is buzzing, Agents are busy and our lenders are buried with pre-qualifications for first time buyers. I don't know about anyone else, but I'm encouraged! Let's keep it coming!
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