Murrieta / Temecula / Lake Elsinore Home Sales - 2007 Recap

It's time for a look back at the numbers that made our market last year to see where we've been and where we're headed. Right now with the number of Lender Owned Homes on the market and the continuing foreclosure activity in the Valley, it's difficult (but not impossible) for individual home sellers to compete profitably against the deep pockets of the banks.

However, as you can see the slowing trend in home sales in the region, we are entering one of the best Buyers markets we've seen in 20+ years. A qualified Buyer is KING right now and with prices back to 2004 levels and an inventory of homes ready for occupancy, it's hard to imagine a better time. Pool homes, big single stories, view homes, homes on acreage, granite counters, South facing homes on a cul-de-sac with an even numbered address and a street name beginning with a vowel - you name it, it's available to look at - and probably a few models of each so you really have a choice.

If you'd like to take advantage of this market to move up yourself or simply pick up some investment property to hold until the market comes back, call me today for ideas on how to make this happen without losing your shirt.

This is that time you swore you'd take advantage of if you only had the chance again. Remember?

Gene Wunderlich - Selling Southwest California Homes including Murrieta, Temecula and the Southern California Wine Country.

Don't wait to buy real estate - Buy real estate and wait.

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