Deputy Dave - Corona Eastvale Norco Homes, Real Estate

Current inventory of Eastvale homes for sale Bank Owned (REO) Homes for Sale               Sunday 10/17/10 there are about 26 (REO) homes for sale     Standard or Equity ...

Buyers are looking for the Foreclosure. They have heard that the foreclosure is the real deal. Last year banks, in the Corona/Riverside area, dumped some badly damaged properties onto the market. They were accepting anything just to clear out their bad inventory. you could easily pick up a place and get some sweat equity. Today you ...

Strategic Default - is it the next wave of homes to hit the market?  Strategic default is what banks call the event when people who can afford to make the payments decide to walk away. It is not the fact that the home owner can not make their house payments, it is that they CHOSE NOT to make payments. They continue making ...

The "Foreclosure Fire Sale" is over! The first half of 2009 was a time to buy a distressed foreclosure house. The house was in "poor repair". That is politically correct for saying the house was "trashed!" Common knowledge at that time was, to get a bargain on a house; buy a foreclosure. Those houses were ...

What is ahead for the housing market? The real estate market expansion was fueled in part by loans that did not amortize (pay down the balance). They also had below market interest rates for the first few years. These loans scheduled a large increase in the monthly payment after a few years. With the price of houses ...

Many people have been fearful of the next wave of foreclosures due to hit the market. It is estimated that it will be about two or three years before all of the adjusting loans (toxic loans) are out of the system. There are new methods of dealing with the foreclosure requirement. Last year the banks were required to follow certain guidelines ...

Eastvale is one of the areas that had a remarkable price growth during the housing price run-up. Eastvale, Corona, Norco and Riverside now appear to be at the bottom of the market. In the recent weeks, prices have increased in all 4 of these communities. Every day someone asks me, "what is ahead?" They remind me ...

I am a Realtor who works in the Eastvale, Norco and Corona communities. I just read an article in the California Association of Realtors reporting the fact that buyers are still buying homes below asking price. The report was based on surveys taken by Zillow. The observation that sales prices are still below asking price does not resonate with my ...

Not having a crystal ball to see the future, we can only guess and speculate about what the future holds. There are many people proclaiming doom and more gloom. Is there a word of hope? Yes. The Obama Administration placed a hold on foreclosures. The banks have not been adding more properties to the inventory of houses for sale. The expectation ...

There is plenty of doom and gloom news to be heard. Are you ready for some good news? Does anyone give any positive information? There really is some good news in the middle of the economic peril. Fear and gloom do not need to dominate the news.  Leaving Orange County you pass through the Santa Ana Canyon. It leads into the ...