For those of you wondering what's up with Eastvale housing prices, here's the average sales prices since January 2009:Jan 2009 - $358,200 or $117.67 per sqftFeb 2009 - $362,000 or $121.97 per sqftMar 2009 - $350,200 or $120.65 per sqftApr 2009 - $346,500 or $112.67 per sqftMay 2009 - $361,400 or $118.96 per sqftJun 2009 - $362,600 or $116.19 per sqftJul 2009 - $364,200 or $118.62 per sqftAug 2009 - $368,200 or $118.13 per sqftSep 2009 - $359,700 or $120.46 per sqftOct 2009 - $361,200 or $118.49 per sqftNov 2009 - $360,400 or $122.65 per sqftDec 2009 - $378,700 or $119.47 per sqftJan 2010 - $383,000 or $117.96 per sqftFeb 2010 - $367,300 or $123.06 per sqftThis set of data represents 1063 home sales spanning the 14 month period. 03/12/2010

I recently was reading a blog about home prices in the Eastvale, CA area and how it relates to the bid for Eastvale to become a city.  The blogger stated that he is not concerned that prices will drop any further during the next couple of years. My concern is that I think it IS possible for another drop in prices.  There are currently over 800 homes in Eastvale which are currently facing foreclosure (either a filed notice of default or notice of trustee sale).  I don't have visibility into how many more homeowers are 'behind' in payment that don't yet have the public-notices from their lenders but I wouldn't be shocked if it were another 1000 homes. Eastvale home sales during the 3-month period from Dec 1 2009 to Feb 28 2010 numbered a total of 223 confirmed sales in the MLS.  Sales wer... 03/10/2010

I have posted on this topic before, and recently have had more questions and visits from seniors who are concerned about their reverse mortgage balances being higher than their home's current value. I want to go into a bit of detail, but before I do here's the answer in a nutshell:  As long as the borrower is living in the home, paying taxes and insurance and maintaing the home in good condition, there is nothing to worry about.  So please, do not lose any more sleep over this or don't let your loved ones lose any sleep.  All is well. Is this a bad thing?  Is the lender going to call the loan?  What about my line of credit? Can I sell my home?  Will my children have to pay the difference when they inherit? Here's the answers: 1.  It's never fun to owe more than your home is worth, but y... 03/06/2010

Eastvale single-family home inventory showed continued signs of price stability in January 2010 however sales volumes are down both month-over-month as well as year-over-year.  February 2010 Summary Results:  Sold prices ranged from a low of $295,000 to a high of $450,000 Price per square foot ranged from a low of $94.03 to a high of $175.75 Days on market ranged from a low of 0 days to a high of 196 days Sale-price to list-price ratio ranged from a low of 0.65 to a high of 1.18 Total sales were 62 single-family homes Average selling price in February 2010 was $382,986.  The lowest priced sale was located at 12927 Skokorat Ct which sold at $295,000 vs. listed price of $280.000 and was a short-sale listed by a Costa Mesa based agent.  The selling agent was based in El Monte and the sale ... 03/05/2010

Don't be misled If you've been paying attention to the real estate market, you're bound to have seen many agents claiming to offer FREE Short Sale help.  For the unsuspecting homeowner facing foreclosure, it may sound great... but use CAUTION.  What good is the FREE help if the agent you've contracted isn't really a short sale expert?  You might just end up losing your home to foreclosure due to the inexperience of an agent trying to pull a fast one by marketing their services as FREE or telling you they know what they're doing. The fact is that most competent short sale agents DON'T ever charge the homeowner for their short sale negotiation help. Don't get burned by choosing the wrong agent to negotiate your short sale.  Ask for proof of short sale closings, short sale approval letter... 03/02/2010

RE/MAX Homes & Estates Pre-Foreclosure Division  (714) 588 -7676 ∙  www.remaxann.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!! WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional burdens!     We are lice... 03/01/2010

Eastvale single-family home foreclosures continue to run high but banks are sending fewer initial notices of defaults and cancelling more sales than in the past - a continuing sign of stability finally coming to Eastvale.  Third party investor activity continues to be hot with multiple parties bidding up sales at the courthouse steps.  February 2010 Results Initial Foreclosure Filings - Notices of Default.  There were 57 Eastvale properties which received a Notice of Default - the first public step in the foreclosure process - during February 2010.  This is down from the 71 homeowners receiving these notices in January 2010 and down significantly from the 169 homeowners who received these notices in February 2009. Foreclosures - REO & 3rd Party Purchases.  There were 30 homeowners who a... 02/28/2010

Today I received the tragic news that Chris Dominguez, of Prudential California Real Estate, Corona has passed away at the age of 33.  Chris worked with Tom Tennant and Kristen Smith for nearly six years and recently refocused his efforts on full-time real estate after a layoff. Chris leaves behind a wife, Mary, and his teenage daughter Alissa.  The family was not ready for this loss and donations are being collected to assist them during this difficult time.  If you wish to make a donation, you can do this via a paypal account setup for the family. 100% of all donations will go directly to the family.  If you don't have a paypay account or need additional assistance you can call 951-741-6725.   02/26/2010

I can't hold it in any longer! Are any of my "Professional" peers blown away by the number of newbie agents (or agents licensed for years who have listed and sold less than a dozen houses) who post on Active Rain and elsewhere online CLAIMING to be "Short Sale Experts"? Not only are they misleading the public by claiming to be experts, they may end up costing an unsuspecting homeowner a Foreclosure due to their lack of experience in negotiating short sales with lien holders.  Most recently, an agent in my own city (who is employed with an out-of-town brokerage) has posted as a short sale expert, yet has ZERO active listings on the local MLS and only 4 successfully closed listings in the past 5 years (NONE OF WHICH WERE SHORT SALES AND ONE OF WHICH WAS HIS OWN HOME).  I'm currently nego... 02/20/2010

Seems to be the Million Dollar Question these days, right? I know, for sure, that there are many homeowners in Corona that are in various stages of the default or foreclosure process. It is a crazy and stressful time for many hardworking families to be sure. The best idea for you may be to do a short sale on your home. Meaning, you list your home for sale with a local Realtor, present an offer to the bank, and have them agree to take an offer on your home that is "short" of the mortgage balance. Below is a basic outline of how the process works: SO YOU WANT TO SHORT SELL YOUR HOME? If you want to sell your property because you can no longer afford the payments, contact your local Realtor right away to list your property for sale in the local Multiple Listing Service. Once an offer is re... 02/20/2010

It is almost time!! Much speculation surrounds the timing of banks releasing their so called, "Shadow Inventory". Many of the top industry experts I have talked with have put the total number of homes in shadow inventory at as many as 7 million. Obvioulsy, our market here in Corona makes up a small percentage of that, but a recovery does not appear likely any time soon. We are looking at about 33 months on a national average to deplete this inventory. That is assuming that there are no more foreclosures added in the next three years.....not likely!! 02/20/2010

Community Rally For Cityhood On the heels of qualifying for Ballot, Eastvale Yes campaign Announces broad based coalition for Cityhood The "Eastvale Yes" committee announced the first cityhood rally in Eastvale. The campaign, which is organized by a coalition of community members that gathered over 5,000 signatures and letters to qualify cityhood for the June ballot is starting their information campaign drive on February 25th.The event will be held at Red Brick Pizza at 7056 Archibald Ave in Eastvale from 6:00 to 9:00 PM on Thursday, February 25, 2010.Please join them on February 25 and come learn more how you can help. They need many volunteers to make this successful!For more information, watch for more news on their Facebook and Twitter sites below or email for information to yes@ea... 02/20/2010

Caution Ahead... Corona's Eastvale neighborhood has sharp curves If you're searching for a home in North Corona's Eastvale neighborhood... use caution.  While Mello Roos fees are common in newer developments, some areas in Eastvale were set up with some hefty Mello Roos fees some 3 to 5 years ago and now that the prices have been chopped almost in half, these Mello Roos fees are an even greater percentage of the sales prices. Example:  2005 price... $500,000 (tax 1%, mello roos $2,500 or .5% for a total of 1.5%)... NOW  $300,000 (tax 1%, still $2,500 or .83% for a new total of 1.83%) Cameron Novak Corona & Riverside Short Sale Agents The Homefinding CenterTM Corona, California 951-212-7479 The Homefinding Center on Facebook 02/15/2010

Photo GalleryDescriptionLocated in the Sierra Del Oro neighborhood in West Corona, just 3 minutes from Orange County.FeaturesBedrooms: 3Bathrooms: 2Parking Spaces: 4Year Built: 1988Lot Size: 5662Garage Size: 2School District: Corona Norco Unified Schood DistrictSquare Footage: 1700Agent Name: Cameron NovakBroker: The Homefinding CenterMLS #: K001Location4300 Green River Rd. #118 Corona CA 92880Powered by vFlyer.comvFlyer Id: 1919391 02/15/2010

Licensed California Agents Needed - Clients will be provided Through a strategic partnership with Wachovia, The Homefinding Center is in receipt of many new client contacts which will result in quite a bit of new business over the next couple years.  The Homefinding Center is looking for a few motivated agents to handle these clients as they are assigned from Wachovia. In addition to other benefits (listings & buyers), this program expediting short sales (days not months) for distressed home owners. If you live in or around Corona, and would like to work for a brokerage that actually provides its agents with business (meaning INCOME), call or email Cameron Novak for more information at CameronNovak@sbcglobal.net or 951-212-7479. Ask me how you can participate in company ownership throu... 02/14/2010

Networking Mixer in Corona, California We're having another networking mixer in Corona.  This is an opportunity for you to meet and network with other professionals in and around the city of Corona.  Bring your flyers or cards and promote your business.  Special spotlight tables are available for $50 each should you want a display area. Mixer will be held at Millcreek  103 N. Lincoln, Corona, California Spread the word. Tweet about this! Cameron Novak Corona & Riverside Short Sale Agents The Homefinding CenterTM Corona, California 951-212-7479 Our team can assist you with a purchase or sale in Corona, Chino Hills, Riverside, Lake Elsionore, Mira Loma, Eastvale, Chino, Yorba Linda, and surrounding communities. 02/13/2010

Farmers Market in Corona, California If you haven't heard, Corona has a farmer's market.  Open each Saturday from 8:30am, the Corona Farmers Market is a terrific place to pick up fresh fruits and vegetables, as well as other items such as honey, flowers, etc.  You can find the farmers market at the Main Street Marketplace at Main & Rincon.  See you there. Spread the word. Tweet about this! Cameron Novak Corona & Riverside Short Sale Agents The Homefinding CenterTM Corona, California 951-212-7479 The Homefinding Center on Facebook 02/13/2010

Eastvale single-family home foreclosures continue to run high but banks are sending fewer initial notices of defaults and cancelling more sales than in the past - perhaps a sign of stability finally coming to Eastvale?  Third party investor activity continues to be hot with multiple parties bidding up sales at the courthouse steps.  January 2010 Results Initial Foreclosure Filings - Notices of Default.  There were 71 Eastvale properties which received a Notice of Default - the first public step in the foreclosure process - during January 2010.  This is essentially flat to the 70 homeowners receiving these notices in December 2009 but down dramatically from the 126 homeowners who received these notices in January 2009. Foreclosures - REO & 3rd Party Purchases.  There were 39 homeowners w... 02/13/2010

You must read the ENTIRE job description and carefully follow instructions below to be considered for a personal interview. POSITION TYPE: Part-Time to Full-Time, depending on your availability. REQUIREMENTS: Valid California RE license, membership with the Multiple Listing Service, a Supra Key that will allow you to access available properties, a dependable car, a  Valid California Driver's License and proof of insurance.  Mobile GPS is a bonus.If you have not purchased a GPS, put it on your birthday list and tell the people who love you how much you want one! AREA(S) OF EXPERTISE DESIRED: A working knowledge of Riverside County.  If you are a new real estate agent, I will train you! Excellent interpersonal and communication skills are imperative, time-management and creativity are gre... 02/12/2010

Man dies in Corona freeway accident A man driving a pickup truck on the 91 freeway in Corona Monday morning crashed and subsequently died while transitioning from the 91 freeway onto the 15 freeway.  Traffic was held up during the cleanup of the scene.  I believe the victim was travelling alone and no other injuries or deaths were reported. Use caution when driving in and around our city of Corona! Spread the word. Tweet about this! Cameron Novak Corona & Riverside Short Sale Agents The Homefinding CenterTM Corona, California 951-212-7479 The Homefinding Center on Facebook 02/09/2010