Fontana, CA

A total of 60 Fontana homes were added to those listed for sale during the week ending Nov. 3, 2009, according to the Inland Multi-Regional Multiple Listing Service and 71 Fontana properties were reported as entering escrow during the week.

A total of 404 Fontana homes were listed for sale in the MLS on Nov. 3. Included were 375 single-family homes not in associations. There were 29 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Nov. 3; 170 homes were reported as vacant.

The MLS showed 77 foreclosed, or Real Estate Owned, homes listed in Fontana on Nov. 3; 215 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

There were 56 Fontana homes reported in the MLS as sold during the week ending Nov. 3, 2009.

Ila Josephs, a Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.

The California natives ruled at the Pepsi 500 in Fontana, CA on Sunday, October 11, 2009. Once again, Hendrick Motorsports proved why they own the Auto Club Speedway. I guess this is apropos for the company who is celebrating its 25th Anniversary. After Jessie McCartney skipped a line or two of the National Anthem (practicing the national anthem before you perform it in front of a bunch of rednecks might be a good idea), grand marshal Kelsey Grammar gave the "Gentlemen, start your engines!" to begin the first Sprint Cup race to come to Southern California. Jimmie Johnson quickly overtook pole sitter Denny Hamlin to get out front. The only other real contender for first place for most of the race was Juan Pablo Montoya, who started his typical aggressive first place bid around lap 25. It began to look like it was going to be a pretty boring race between just Jimmie and JPM, with the rest of the field left in their dust. However, the last 50 or so laps turned into a nail-biter. You know that the points are close when you get a caution for debris, another caution 4 laps later and then another caution on the restart of the last caution when so many cars get bunched up together and cause "the big one". Unfortunately for Dale Jr, his streak of bad luck continued, as he got accidentally turned by the guy behind him and started "the big one". Jr was actually having quite a spectacular day, too. I felt bad for the dude. This Jeff Gordon girl was on the edge of her seat hoping Jeff could pull ahead of Jimmie when they began their last restart with only 3 laps to go. Unfortunately, Jimmie got a great restart and jumped ahead of the pack again. JPM challenged Jeff for 2nd before Jeff edged him out at the end. With Mark Martin finishing 4th and Tony Stewart finishing 5th, four out of the top 5 finishers for the Pepsi 500 in Fontana had Hendrick Motorsports engines in them. It was a good day for HMS. But, both Jimmie and Mark need to watch out because Juan Pablo Montoya is quickly heading their way. The next Sprint cup race will be on Saturday, October 17th at 7pm EST on ABC in Charlotte. See ya there!

Top 5 Finishes at Pepsi 500 in Fontana on October 11, 2009:

1. Jimmie Johnson (#48)
2. Jeff Gordon (#24)
3. Juan Pablo Montoya (#42)
4. Mark Martin (#5)
5. Tony Stewart (#14)

Points standings after Race #4 in Cup Chase:

1. Jimmie Johnson = 5728
2. Mark Martin = -12 pts
3. Juan Pablo Montoya = -58 points
4. Tony Stewart = -84 points
5. Jeff Gordon = -105 points
6. Kurt Busch = -121 points
7. Greg Biffle = -188 points
8. Carl Edwards = -192 points
9. Denny Hamlin = -219 points
10. Ryan Newman = -223 points
11. Kasey Kahne = -306 points
12. Brian Vickers = -351 points

Heather Chavez, Real Estate Virtual Assistant - Second Self Virtual Assistance: When There Isn't Enough of You to Go Around!

A total of 61 Fontana homes were added to those listed for sale during the week ending Oct. 12, 2009, according to the Inland Multi-Regional Multiple Listing Service and 72 Fontana properties were reported as entering escrow during the week.

A total of 412 Fontana homes were listed for sale in the MLS on Oct. 12. Included were 383 single-family homes not in associations. There were 29 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Oct. 12; 159 homes were reported as vacant.

The MLS showed 87 foreclosed, or Real Estate Owned, homes listed in Fontana on Oct. 12; 221 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

There were 40 Fontana homes reported in the MLS as sold during the week ending Oct. 12, 2009.

Ila Josephs, a Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.

The months of supply of homes for sale is extremely low for single family homes in Fontana. From this time last year, the supply of homes for sale has decreased by 85%.

The supply and demand for single family homes in Fontana shows us that the supply is down 67%, the demand for single family homes is down 19% from this time last year.

Fontana remains a market full of affordability for first time home buyers. Over the past year the median sales price has decreased by 25%. Additionally, since last year the average days on the market has increased by 2%.

So what does all this mean for you? Many homeowners are very likely to owe more on their homes than the current value. It is a good idea to seek the professional advice of a licensed Realtor to find out your options. It also means that there are many buyers looking in Fontana that would be interested in purchasing a home while affordability is present.

Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. She has been a local resident of Chino Hills and the Inland Empire for over 22 years and enjoys volunteering with the City of Chino Hills in her spare time. You may call her direct at (909) 261-6377 for further questions on this information or any other real estate advice. You may also visit the website at http://KASIHomes.com

A total of 54 Fontana homes were added to those listed for sale during the week ending Oct. 5, 2009, according to the Inland Multi-Regional Multiple Listing Service and 73 Fontana properties were reported as entering escrow during the week.

A total of 411 Fontana homes were listed for sale in the MLS on Oct. 5. Included were 376 single-family homes not in associations. There were 35 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Oct. 5; 159 homes were reported as vacant.

The MLS showed 81 foreclosed, or Real Estate Owned, homes listed in Fontana on Oct. 5; 220 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

There were 70 Fontana homes reported in the MLS as sold during the week ending Oct. 5, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.