Ontario, CA Real Estate News

By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Ontario Home Market Activity     Market Activity as of Nov. 23, 2008* Nov. 23, 2008 Nov. 16, 2008 Ontario Homes Listed During Week 44 43 Homes Listed as Pending During Week 21 34 Total Number of Homes Listed for Sale 748 745      Single-Family (no monthly fee) 492 488      Homes in Associations (such as...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Ontario Home Market Activity     Market Activity as of Nov. 16, 2008* Nov. 16, 2008 Nov. 9, 2008 Ontario Homes Listed During Week 43 40 Homes Listed as Pending During Week 34 35 Total Number of Homes Listed for Sale 745 760      Single-Family (no monthly fee) 488 512      Homes in Associations (such as ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. A total of 971 Ontario properties were in the foreclosure process on Nov. 9, 2008, according to reports compiled from county records for the First American CoreLogic database. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Ontario Home Market Activity     Market Activity as of Nov. 9, 2008* Nov. 9, 2008 Nov. 2, 2008 Ontario Homes Listed During Week ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. A total of 978 Ontario properties were in the foreclosure process on Nov. 2, 2008, according to reports compiled from county records for the First American CoreLogic database. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I will be happy to assist you. Ontario Home Market Activity     Market Activity as of Nov. 2, 2008* Nov. 2, 2008 Oct. 26, 2008 Ontario Homes Listed During Week...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, I  will be happy to assist you.   Ontario Home Market Activity     Market Activity as of Oct. 26 2008* Oct. 26 2008 Oct. 19, 2008 Ontario Homes Listed During Week 55 39 Homes Listed as Pending During Week 28 77 Total Number of Homes Listed for Sale 772 760      Single-Family (no monthly fee) 514 509      Homes in Associations (such a...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The number of foreclosure postings dropped dramatically in September, but not because there are fewer homeowners in distress. Instead, the numbers are down because of a new law requiring lenders to contact homeowners and then wait 30 days before filing foreclosure notices. The goal is to encourage loan modifications that enable homeowners to stay in their home. A total of 957 Ontario properties were in the foreclosure process on Oct. 19, 2008, according to reports compiled from county records for the First American CoreLogic database. The weekly market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact me if you would like additional information. The figures were compiled from dat...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Tightening credit as a result of volatility in the banking industry and stock markets around the world is being felt in the local home market, sending the number of available homes upward again. The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Ontario Home Market Activity     Market Activity as of Oct. 12, 2008* Oct. 12, 2008 Oct. 5, 2008 Ontario Homes Listed During Week 46 37 Total Number of Homes Listed for Sale 789 675      Single-Family (no monthly fee) 525 448      Homes in Associa...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
There were 4,775 homes for sale in the 10 cities in my service area on Sunday, Oct. 5, according to the local Multiple Listing Service. While that's a daunting number to home buyers and home sellers alike - for different reasons - it is less than 2 percent of the number of existing houses in Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Since the source of the number of houses was the 2000 census, and most communities saw a boom in construction during the first half of the decade, the actual percentage is even lower. Fontana has seen home prices plummet since the giddy "Build, Build, Build" years shortly after 2000, when northern Fontana homes and home prices shot skyward. Based on current listings and the number of homes report...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service. Ontario Home Market Activity     Market Activity as of Sept. 28, 2008* Sept. 28, 2008 Sept. 21, 2008 Ontario Homes Listed During Week 42 43 Total Number of Homes Listed for Sale 693 701      Single-Family (no monthly fee) 462 471      Homes in Associations (such as condos) 231 230 Vacant Homes for Sale 325 329 Short Sales 228 232 Lender-Owned Homes for Sale 136 140 Homes Sold During Week 29 17 Homes for Lease 54 52      Median Monthly Lease...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
 Just west of Ontario Mills, at 4000 Ontario Center Parkway, is the new Citizens Business Bank Arena, soon to be home of the Ontario Reign, a minor league hockey team, and site of an array of community events.  The 11,000-seat arena will be shown to the public with self-guided tours on Oct. 18, 2008, from 10 a.m. to 6 p.m., during an Open House Community Day. The first ticket event will be an exhibition game between the Los Angeles Lakers and Oklahoma City Thunder on Oct. 24. 
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Fifty-three percent of homes for sale in Ontario and almost two-thirds of the homes listed in Fontana - 63 percent - have either been foreclosed or are in the foreclosure process, according to figures posted Sept. 21, 2008 by the Inland Multi-Regional Multiple Listing Service.  The percentage of available homes either owned by lenders or offered as "Short Sales" varies widely in other local cities, according to the MLS: Chino - 46 percent, Claremont - 15 percent, La Verne - 24 percent, Montclair - 49 percent, Pomona - 45 percent, Rancho Cucamonga - 50 percent, San Dimas - 40 percent, and Upland - 38 percent, as of Sept. 21, 2008.  The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Ple...
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By Robert Huntsinger, Empire Realty Upland, CA - Full Service at a Discount
(Empire Realty)
No matter what the market, people will continue to desire to live in Ontario, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Ontario housing market continues to post brisk sales.  In of July 2008, 71 single family homes and a total of 20 condos/townhomes sold, down 77 from last month.  My overall view of the market is still going to slip this fall.  Click Here for the San Bernardino County market report. Closed Sales for July 2008: Up 24 from last month106 Single Family Homes19 Condos/TownhomesPending Sales for July 2008: Up 26 from last month245 Single Family Homes72 Condos/TownhomesCurrent Actives As of Today's Post: Down 83 from last month556 Single Family Homes176 Condos/TownhomesForeclosure Activity for July 2008 91710 - 92...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well. The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.   Ontario Home Market Activity     Market Activity as of Sept. 14, 2008* Sept. 14, 2008 Sept. 7, 2008 Ontario Homes Listed During Week 48 28 Total Number of Homes Listed for Sale 713 711      Single-Family (no monthly fee) 477 489      Homes in Associations (such as condos) 236 222 Vacant Homes for Sale 331 327 Short Sales 46 226 Lender-Owned Homes for Sale 137 143 Homes Sold During Week ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The number of previously owned homes on the market has dropped dramatically in the past six months in the cities of Chino, Montclair and Ontario, according to figures available from the Inland Multi-Regional Multiple Listing Service.  Chino showed the largest drop - 27 percent - in the number of homes listed for sale in the MLS, closely trailed by Ontario, with 23 percent fewer homes listed than on March 9, 2008. In Montclair, the number of previously owned homes listed for sale in the MLS was 22 percent lower on September 7 than on March 9, 2007.  Elsewhere in the region, San Dimas showed the least amount of change, with 136 previously owned homes for sale on March 9 and 135 for sale on Sept. 7. The change was also slight in Claremont, where 118 homes were for sale on March 9 and 116 o...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well. I am working this holiday weekend. If you are interested in purchasing or selling a home in western San Bernardino County or eastern Los Angeles County, please do not hesitate to contact me by phone or e-mail.  The figures below were compiled from information provided by the Inland Multi-Regional Multiple Listing Service. For additional information, please call Ila Josephs at (909) 261-3541 or send an e-mail message in the form at the bottom of the page. Market Activity as of Augus...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. The "Prior Week" column is information for the week ending August 16, 2008. During the past year, the number of listings in each city have declined, along with prices. The number of homes sold is increasing as home buyers take advantage of lower prices and low interest rates.  There are some signs that housing prices may be leveling off - multiple offers on bank-owned properties and renewed construction in nearly every Inland Valley city. The figures below were compiled from information provided by the Inland Multi-Regional Multiple...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Like a Phoenix, new life is emerging in downtown Ontario, not from ashes, but on land cleared with the help of the Ontario Redevelopment Department. After decades of deliberation, debate and denial, the downtown area is being reborn as a 21st Century destination.   Ontario Town Square will provide housing adjacent to Ontario's Civic Center, a block from the City Library, and a few miles from Ontario International Airport.  If the visionaries are correct, restaurants, boutique shops and internet cafes will bring additional traffic to the downtown area.   Ontario Town Square, under construction in August, 2008 Ontario, CA, was founded by the Chaffey brothers in 1881 and named after the Canadian province. In the next decades, Euclid Avenue businesses benefited from its location at the inte...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
It's still a Buyer's Market for Inland Empire home sales. The Housing and Economic Recovery Act of 2008 signed by President Bush in late July offers encouragement to home buyers to jump into the market now, before rising interest rates rise and seller-financed down payment assistance programs end October 1, 2008. July home sales statistics are due to be released this week and will be reported on my website; you can click on http://marketreport.ilajosephs.com for a direct link. I'm also adding a new section to my weekly report this week. Look below for a comparison to home sales data for February 17, 2008, and see the changes that have taken place in the past six months. The following information was compiled from information reported in the Inland Multi-Regional Multiple Listing Service...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Ten previously-owned homes closed escrow in Ontario, CA, during the week ending August 9, 2008, and 24 Ontario homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                      Homes for Sale: The MLS said 50 new Ontario listings were added during the week, for a total inventory of 786 previously-owned homes listed in Ontario on August 10, including 536 single-family homes with no monthly fees and 250 condominiums, town homes and single-family homes in associations. The MLS listings indicated 344 of homes currently on the market were vacant. Of the homes for sale in On...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Homes Sold: Fifteen previously-owned homes closed escrow in Ontario during the week ending August 2, 2008, and 28 Ontario homes reportedly were listed as pending during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals in the Inland Empire.                                      Homes for Sale: The MLS said 39 new Ontario listings were added during the week, for a total inventory of 777 previously-owned homes listed in Ontario on August 3, including 530 single-family homes with no monthly fees and 247 condominiums, town homes and single-family homes in associations. The MLS listings indicated 323 of homes currently on the market were vacant. Of the homes for sale in Onta...
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