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My phone rings on a daily basis with folks who are interested in purchasing a home in Murrieta California and the surrounding cities of Temecula and Menifee plus Wildomar and Lake Elsinore. This is all well and good as our Southern Riverside County Valley is full of wonderful homes and offers a lifestyle second to none in all of California. From the Single "A" Lake Elsinore Storm Professional baseball team through the world renown wineries of Temecula to the fantastic fishing of Lake Skinner and Diamond Valley Lake plus 12 golf courses we something for all to enjoy.
The thing that puzzles me is the fact that many folks call for information but then state they have an agent who is not from the area who is representing them. Yesterday I had a call from a very nice lady who was driving around Menifee looking for a home and she saw my sign on a listing. Beautiful home and I informed her it was already in escrow but I let her know there were other homes still on the market and I would be glad to meet with her to go see them. That's when she said she was working with an agent, 120 miles away, and that she would still like to see my listing as she had no idea as to the floorplans of this particular development.
Seems her "agent" had instructed her to drive around the area and get into the ones she liked and then give the agent a call. Talk about a lack of buyer representation plus the fact she is going about the home buying process in the completely wrong and hard way. After explaining the facts that working with a local agent who knows the market and has access to all the available listings Ms. Buyer decided to keep searching in the same manner. Too bad as she nor her "agent" has a clue to value in our area.
If you are looking to purchase a home do yourself a huge favor and allow a Realtor who knows the area work "for" you and find the home that fits your needs. Different areas are specialties in their own right and no agent knows them all in a manner that will work to your best interests. Agents are at their best in areas they know but are lacking in expertise for the areas they don't understand and work in as their predominate market.
I have a great Dentist who is a friend but if I should ever need heart surgery I'm going to see the Doctor who specializes in that field. Simple but true.
Need a Realtor in Southwest Riverside County?
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Many folks have said they are going to wait to purchase a home in Murrieta and the surrounding cities.Their reasoning is the banks are holding thousands of homes from the market only releasing a few at a time to drive prices up as they will receive multiple offers on them. This theory of a 'Shadow Inventory' has created a mind set of waiting as a wave of foreclosures will suddenly appear and the glut of homes will drive prices down according to many hopeful buyers and some Realtors as well.
The biggest problem for everyone is who do you believe as there are conflicting views and waiting may be a gamble and only time will reveal who was right. The one thing I know for sure when it comes to determining where the bottom of a Real Estate down cycle was at is when the prices start rising and we can then only look over our shoulder at the previous price. That Was the bottom.
The banks have denied this shadow inventory but hey who wants to believe a Bank, right? Well we now have a new report from ForeclosureRadar, a data tracking firm, that is standing with the banks as they are debunking the Shadow inventory theory and they prove it with their statistics. Feel free to interpret them any way you want.
According to the report the inventory of foreclosed homes in California peaked in September 2008 at 155,269. Since then the banks have been selling them as fast as possible and they now have 41% fewer than a year ago.
In Riverside County which includes Murrieta and the surrounding cities the numbers are in line with the state. The bank inventory fell from 2959 to 1747 for the same period a 40% decrease.
San Diego County inventory fell from 1562 to 914 a 41% decrease. According to the report these figures show there is no Shadow Inventory of homes being withheld from the market and that there will not be a glut of foreclosed homes in the future.
What the future holds for the Real Estate Market is anyone's guess but waiting for the 'bottom' to hit is only a gamble at best.
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42950 Joshua Tree Ct Murrieta CA 92562 4 beds, 3.25 baths, 3,454 sq ft just listed!!! $500,000!!! http://tinyurl.com/o4z274
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On
September 24, the Murrieta Chamber of Commerce held its
inaugural Salute to
Public Safety honoring the men and women of
Murrieta’s Police and Fire Departments. Chamber Chair Bob Hagel presented a
commendation to Murrieta Mayor Gary
Thomasian noting that a recent FBI
statistic named Murrieta as the second
safest city in the country. Our 90 sworn
officers, 61 firefighters, civilian members, staff and volunteers are
the
reason why.
Following a welcome by Chamber CEO Rex Oliver, Master of Ceremonies Gene Wunderlich introduced representatives from the Governor’s Office, from Mary Bono-Mack’s office, Senator Hollingsworth’s office and Assemblymember Kevin Jeffries. In addition to Mayor Thomasian, Council members Rick Gibbs and Randon Lane along with City Manager Rick Dudley were in attendance to honor Murrieta’s finest.
Fire Chief Paul
Christman came forward to recognize Art
Durbin as the Fire Departments ‘Staff
Member of the Year’ and Captain
Dan Lopez as ‘Firefighter of the Year’. Durbin, who joined the
department in
2004, serves as the Emergency Services coordinator for the Department,
supervising their 23 paramedics. In addition to having been an
emergency room
RN, Durbin is also a faculty member at Mt. San Jacinto College in the
EMS
Department and is recognized throughout Riverside County as an expert
in
pre-hospital medical care.
Captain Lopez joined the MFD in 2000 as part of their first ever paramedic class. In 2007 he led the department’s Rookie Academy training 13 new firefighters/paramedics. The ongoing safety of Murrieta residents can largely be attributed to the outstanding training delivered to the MFD by Captain Lopez and his team.
Captain
Mike Payne was
next to the podium to introduce the
Murrieta Police Departments ‘Non-sworn
Police Officer of the Year’ Venita
Anderson. A member of the MPD since 1998,
Anderson was named the
Department’s Civilian of the Year in 1999. She has worked in records,
and
property & evidence but her current recognition comes from her
service in
helping residents as a Code Enforcement Officer. In her spare time she
also
bakes cookies for her son and a number of other servicemen serving in
Iraq.
Finally
Captain Steve Porter
came forward to recognize
Murrieta’s ‘Police Officer of the Year’,
Corporal Daryl
Underwood. Joining the department in 2001 from the Riverside
County Sheriff’s Department, Underwood has served in Patrol, as a SWAT
team
member and is currently a K9 Officer, serving alongside his trusty
companion
and partner, Jango. Underwood received a Chief’s Citation in 2002, was
selected
Officer of the Year in 2003, was recognized by the Elks Club for
outstanding
public service in 2004 and promoted to Corporal in 2007.
It was noted that Underwood may be the only officer in the K9 corps who can outrun his 4 legged partner given that Underwood is a member of the MPD Vegas Run team that has won their class 5 out of the past six years. He also recently participated in a bike ride along with fellow officers stretching from the Pacific to the Atlantic to raise money for the Lance Armstrong Cancer Research Foundation. Bad guys can’t run from Corporal Underwood.
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If you are looking for Murrieta Homes or Temecula Homes
You've come to the right place!
I have the latest information and trends to get you the home you have been waiting to purchase. I know this market is tough but I have been in and out of these tough markets several times and I have the experience to get you a home in this market as well.
Contact me for homes in the Murrieta and Temecula Valley. Toll Free: 866-621-0155
The Great Schools website has Temecula and Murrieta Schools ranked at 7 and 8 respectively!
I proudly sell Real Estate and sell Murrieta Homes, Temecula Homes, and Homes in Southwest Riverside County!
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
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