Time To Move Up? Sellers Seeing More Options As Prices Rise

More good news impacting the recovering Real Estate industry shows California's median home prices surging to the highest level in nearly five years.  A San Diego research firm said the median price paid for a home in California in April was $324,000 - the highest since June 2008. 

There were 21,415 homes and condos sold in Southern California last month, up 9.5 percent from a year ago, DataQuick said.

Southern California homes continue to sell at a robust rate with rising prices fueled by fewer homes for sale.  

With fewer foreclosures and distressed properties on the market, home values are on the up.  Demand for homes is outpacing the supply.  

Many Buyers who were reluctant to buy a home during the recession are feeling more confident with a stabilizing economy and Real Estate market.  Homeowners who participated in short sales 2-3 years ago are now able to purchase again.  As unemployment decreases, people are now feeling more ready to purchase a home, but are faced with fewer homes for sale.   

Sellers are gaining equity in their homes and are being presented with multiple offers on their homes.

We recently had 16 offers on one of our Listings within 24 hours!

For many Sellers, this may be the most opportune time to sell or Move Up to another property.

If you are thinking of Selling this year, Call Cann Do Realty & Property Management at 951-816-8311 to get your Free Maximum Value Home Marketing Plan

What are the average home prices in Southern California?

•          Orange $535,000, up 17 percent

•          Riverside $248,000, up 24 percent

•          San Bernardino $195,000, up 25 percent

•          San Diego $400,000, up 21 percent 

Source: Data Quick

http://www.scpr.org/blogs/economy/2013/05/16/13689/southern-california-homes-sold-at-a-fast-pace-in-a/

Jobs on Way to Temecula

This week saw ground broken at the corner of Waverly and Ynez Road in Temecula in preparation for the pending Fletcher Jones Mercedes-Benz Dealership.

In the Environmental Study submitted to the City of Temecula in 2008, The Project proposed to develop a two-story dealership showroom building, auto service facility, car wash facility, private street, and associated parking and landscaping on the 13.97 acre project site. Proposed Project development would total approximately 80,000 sf of building space to house the dealership including car maintenance, repair services, and a car wash facility.

The Project proposes to extend a private street into the site from Waverly Lane with a temporary 

turnaround point at the southwest corner of the property. Three driveways located on the 

proposed private street would allow access to the dealership, including direct access to the car 

wash, the automotive service center, and customer service facilities (main entrance). The treelined internal main entrance would also feature an approximate 10-foot landscaped island down 

the center of the driveway corridor. Vehicle flow to and from the proposed car wash facility 

would access the facility from the eastern entryway of the proposed private street. Vehicles would 

then travel counter-clockwise through the carwash building and exit on the opposite side of the 

same entryway. http://www.cityoftemecula.org/nr/rdonlyres/6ab694bb-1889-4838-9476-6205fac0f010/0/dseir52308final.pdf

This site is where many Harveston residents enjoyed jogging through the open pasture.  The wide open spaces were perfect for animal lovers who daily walked their dogs.  Nearby at Date Street, air flight aficionados fly their wireless and battery powered planes and helicopters.  To see the heavy tractors and machinery turn the ground to dirt this week was another sad reminder of how this once rustic area is being transformed to a burgeoning concrete sprawl.

Normally, I lament the continuing erosion of our natural hinterland and rural beauty that caused me to move here 16 years ago, but with the rumors swirling about the potential loss of a major employer in our Valley, the potential arrival of more jobs is to be welcomed. It says much about the earning potential of our residents that a luxury car dealership deems it good business sense to set up in our Valley.  

Hopefully, we can start attracting more upscale businesses to the area providing local employment to our often stressed commuters who have to make the daily long drives to LA, Orange and San Diego Counties for their livelihood.

Pernetti should be fired

We have a 20 year old son playing college baseball in Nebraska.  Anne and I understood when Conor left home that there were going to be things outside our control concerning his time at college.

My wife and I believe we instilled a strong foundation of love, respect and honor in our son, yet we know we didn't raise a saint and Conor would face the same challenges as we did when we were his age.

With hope, we expected him to attend his classes, keep up with his studies and to behave with maturity, avoiding involvement with the 3 big ones; drugs, alcohol and unprotected sex.

In trusting our son to the college baseball team, I had expectations that they would teach, train, and test my son, instructing him in team, duty, loyalty and industriousness.

Sure, we expected discipline.  Adherence to constructive criticism, direction, study, diet, work, appearance, demeanor and behavior requirements would be what we would expect from our son.

Never would we permit verbal and physical abuse by a coach who bullied, berated and belittled his team.  And neither should a college administration who seeks to portray themselves as a molder of minds, a place of education and learning.

Rutgers violated the trust placed in them by parents to protect their children by allowing the abuser, Mike Rice, to remain in his post after video surfaced of his assaults on basketball players.

When Penn State legend, Joe Paterno was forced to step down after failing to act when he was presumed to know about Coach Sandusky's sexual abuse of students, it set a precedent on how college officials should act.University athletic director, Tim Pernetti, obviously wasn't paying attention and didn't learn the lesson. He should be fired forthwith.

Finish The Monument - We Can Do It!

What better way to pay tribute to the Can Do Spirit that has served our community and country so well than to complete The Can Do Monument at The Ronald Reagan Sports Park in Temecula. Donations are greatly appreciated. http://www.ronaldreagansportspark.com/#!donors-/c24rc

Up for The Gathering

This year, the Irish Government in an attempt to tackle the huge economic debt that has rendered any serious argument on behalf of a 32 county Irish Republic redundant, has launched an invite to The Irish Diaspora to return home and spend their money in Ireland.
http://www.irishcentral.com/news/Irish-government-launches-IrishGenealogyie---new-portal--for-searching-for-your-roots---VIDEO-200201471.html?showAll=y

Summer is always a grand time for festivals in Ireland and this year's events will be boosted with the appearance of many Irish artists such as U2, The Chieftains and Van The Man.

However, the idea has rankled some, including Irish native and actor Gabriel Byrne who said that most Irish “don’t give a sh*t about the Diaspora except to shake them down for a few quid.”
http://www.irishcentral.com/news/Gabriel-Byrne-again-slams-The-Gathering-and-Arthurs-Day-181990811.html#ixzz2OtLh8p8C 

Others including Liam Neeson and Pearce Brosnan have allowed their names to be used to promote the idea, saying that it is an opportunity to show the world what it really like to be Irish.  http://www.irishcentral.com/ent/Liam-Neeson-and-Pierce-Brosnan-to-spearhead-tourism-drive-ahead-of-The-Gathering-143296016.html

I sympathize with Gabriel Byrne's comments because of personal experience.  In my youthful years in Belfast, I saw many an Irish Government in Dublin bury their heads while fellow Irishmen a hundred miles up the road in the northern part of the country were killed, tortured, brutalized and interned without trial by our friendly next door neighbor across the Irish sea.

So, it is with a sense of cynicism that I view their outreach and sudden concern for the Irish Diaspora when they couldn't give a toss about Irish citizens just a few years ago.

On the other hand, anything that showcases the beauty, language, music and culture of All Ireland in contrast to the drunken, stereotypical portrayal of Irishness on St Patrick's Day is to be welcomed and supported.

Property Management Meeting at SRCAR

Property Management Task Force & Commercial Committee Meeting at Board of Realtors - Fair Housing Laws....Today's Clavenism - Did you know that last year the majority of anti discrimination claims in fair housing were made by persons with disabilities?
The Fair Housing Council of Riverside County's website is www.fairhousing.net
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St Jeanne de Lestonnac show their 'Can Do' Spirit

Congratulations to Saint Jeanne de Lestonnac School in Temecula who this morning were presented with the Mayor's Trophy by Councilman Chuck Washington for having 3rd and 4th graders submit the most essays on Individual Initiative, sponsored by the Can Do Club of Temecula. The school are 2nd Time winners of the trophy..
Can Do President, Perry Peters, was on hand to help make the presentation to school Principal Kristen Mora.

The inspiration for the Award came from a President Reagan speech before the United States Olympic Committee, when he paid tribute to the nation's can-do spirit, specifically citing the volunteers and donors of Temecula, among others. He said: ​

     "The folks in a rather small town, Temecula...got together and built themselves a sports park, held fund-raising barbecues and dinners. And those that didn't have money, volunteered the time and energy. And now the young people of that community have baseball diamonds for Little League and other sports events, just due to what's traditional Americanism."