Ontario, CA Real Estate News

By Michael J. O'Connor, Eastvale - 951-847-4883
(Diamond Ridge Realty)
Ontario zip code 91761 single-family home inventory showed continued signs of price stability in February 2010 with sales falling slightly month-over-month and year-over-year.  February 2010 Summary Results:  Sold prices ranged from a low of $134,900 to a high of $359,000 Price per square foot ranged from a low of $119.80 to a high of $239.68 Days on market ranged from a low of 2 days to a high of 161 days Sale-price to list-price ratio ranged from a low of 0.96 to a high of 1.36 Total sales were 27 single-family homes Average selling price in February 2010 was $244,856.  The lowest priced sale was located at 1745 Monterey Avenue which sold at $134,900 which was also the asking price for this standard sale listed by a Downey based broker.  The buyer financed with an FHA loan despite wha...
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By Michael J. O'Connor, Eastvale - 951-847-4883
(Diamond Ridge Realty)
Ontario zip code 91761 single-family home inventory showed continued signs of price stability in January 2010 with sales remaining consistent month-over-month and up compared to January 2009.  January 2010 Summary Results:  Sold prices ranged from a low of $128,500 to a high of $350,000 Price per square foot ranged from a low of $86.13 to a high of $212.96 Days on market ranged from a low of 2 days to a high of 373 days Sale-price to list-price ratio ranged from a low of 0.94 to a high of 1.16 Total sales were 36 single-family homes Average selling price in January 2010 was $249,469.  The lowest priced sale was located at 407 California Street which sold at $128,500 vs. the original listed price of $151,200 and was a bank-owned home listed by a Bullhead City based broker.  The buyer pai...
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By Ann Urias, Your Real Estate Concierge
(Aston Group - Orange County Real Estate)
2 Bedroom 1 Bath 752 Sq Ft/ 1Carport Space Detached Bank Owned 2 Bedroom 1 Bath Condo. Granite Counters, Stainless steel appliances, master bedroom with large walk in closet. Near 10,15,91 Fwys. SOLD AS IS CONDITION Cross Streets: Vineyard and D St Asking $115,000 www.remaxann.com for more info   #01451803  
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By Cameron Novak, Featured Corona Real Estate Agent Team
(The Homefinding Center)
S.W.A.T. Finds Suspected Gang Member Dead After a S.W.A.T. standoff that lasted several hours Monday afternoon with a suspected gang member wanted for parole violations, officers heard several shots being fired in the attic where the suspect had barricaded himself.  Some time later, the officers entered the attic to find the man deceased due to self-inflicted gunshot wounds. Cameron Novak Riverside County Short Sale Specialist The Homefinding CenterTM 951-212-7479 Direct    
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 38 Ontario homes were added to those listed for sale during the week ending Dec. 7, 2009, according to the Inland Multi-Regional Multiple Listing Service and 23 Ontario properties were reported as entering escrow during the week.  A total of 271 Ontario homes were listed for sale in the MLS on Dec. 7. Included are 171 single-family homes. There were 100 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Dec. 7; 104 homes were reported as vacant.  The MLS showed 52 foreclosed, or Real Estate Owned, homes listed in Ontario on Dec. 7; 152 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 42 Ontario homes reported in the MLS as sold in the week ending Dec....
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 34 Ontario homes were added to those listed for sale during the week ending Nov. 15, 2009, according to the Inland Multi-Regional Multiple Listing Service and 36 Ontario properties were reported as entering escrow during the week.  A total of 244 Ontario homes were listed for sale in the MLS on Nov. 15. Included are 158 single-family homes. There were 86 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Nov. 15; 87 homes were reported as vacant. The MLS showed 42 foreclosed, or Real Estate Owned, homes listed in Ontario on Nov. 15; 136 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were nine Ontario homes reported in the MLS as sold in the week ending N...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 42 Ontario homes were added to those listed for sale during the week ending Nov. 8, 2009, according to the Inland Multi-Regional Multiple Listing Service and 20 Ontario properties were reported as entering escrow during the week.  A total of 249 Ontario homes were listed for sale in the MLS on Nov. 8. Included are 158 single-family homes. There were 91 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Nov. 8; 99 homes were reported as vacant.  The MLS showed 49 foreclosed, or Real Estate Owned, homes listed in Ontario on Nov. 8; 134 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 27 Ontario homes reported in the MLS as sold in the week ending Nov. 8...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 31 Ontario 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 33 Ontario properties were reported as entering escrow during the week.  A total of 230 Ontario homes were listed for sale in the MLS on Nov. 3. Included are 144 single-family homes. There were 86 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Nov. 3; 92 homes were reported as vacant.  The MLS showed 43 foreclosed, or Real Estate Owned, homes listed in Ontario on Nov. 3; 128 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 29 Ontario homes reported in the MLS as sold in the week ending Nov. 3...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 25 Ontario 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 32 Ontario properties were reported as entering escrow during the week.  A total of 223 Ontario homes were listed for sale in the MLS on Oct. 12. Included are 143 single-family homes. There were 80 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Oct. 12; 85 homes were reported as vacant.  The MLS showed 40 foreclosed, or Real Estate Owned, homes listed in Ontario on Oct. 12; 131 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 17 Ontario homes reported in the MLS as sold in the week ending Oc...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 33 Ontario 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 38 Ontario properties were reported as entering escrow during the week.  A total of 238 Ontario homes were listed for sale in the MLS on Oct. 5. Included are 147 single-family homes. There were 91 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Oct. 5; 96 homes were reported as vacant.  The MLS showed 43 foreclosed, or Real Estate Owned, homes listed in Ontario on Oct. 5; 142 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were 42 Ontario homes reported in the MLS as sold in the week ending Oct. 5,...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 25 Ontario homes were added to those listed for sale during the week ending Sept. 27, 2009, according to the Inland Multi-Regional Multiple Listing Service and 43 Ontario properties were reported as entering escrow during the week  A total of 236 Ontario homes were listed for sale in the MLS on Sept. 27. Included are 146 single-family homes. There were 90 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Sept. 27; 87 homes were reported as vacant. The MLS showed 34 foreclosed, or Real Estate Owned, homes listed in Ontario on Sept. 27; 148 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were 21 Ontario homes reported as sold in the MLS in the week ending S...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
A total of 41 Ontario homes were added to those listed for sale during the week ending Sept. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service and 47 Ontario properties were reported as entering escrow during the week.  A total of 241 Ontario homes were listed for sale in the MLS on Sept. 21. Included are 146 single-family homes. There were 95 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Sept. 21; 83 homes were reported as vacant.  The MLS showed 30 foreclosed, or Real Estate Owned, homes listed in Ontario on Sept. 21; 156 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 23 Ontario homes reported as sold in the MLS in the week endin...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Twenty-four Ontario homes were added to those listed for sale during the week ending Aug. 30, 2009, according to the Inland Multi-Regional Multiple Listing Service and 34 Ontario properties were reported as entering escrow during the week.  A total of 267 Ontario homes were listed for sale in the MLS on Aug. 30. Included are 160 single-family homes. There were 107 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Aug. 30; 99 homes were reported as vacant.  The MLS showed 52 foreclosed, or Real Estate Owned, homes listed in Ontario on Aug. 30; 157 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 21 Ontario homes reported as sold in the MLS in the week ending Aug...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Forty-two Ontario homes were listed for sale during the week ending Aug. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service. A total of 285 Ontario homes were listed for sale in the MLS on Aug. 21. Included are 176 single-family homes. There were 109 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on Aug. 21; 114 homes were reported as vacant.  The MLS showed 67 foreclosed, or Real Estate Owned, homes listed in Ontario on Aug. 21; 158 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were 27 Ontario homes reported as sold in the MLS in the week ending Aug. 21, 2009.  Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly report...
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By Jim Dunkelman
(Keller Williams Realty)
Nobody wants to get stuck in a situation where you buy a home and then later loose it to foreclosure. If I can offer any advice, it would be to always be careful BEFORE getting a loan by making sure you understand the terms, and seeing that it fits your budget the best it can. Here are 3 pieces of information I hope you will consider regarding your new or current home loan: 1) You should always aim for a fixed home mortgage rate. As you can see from the current economy, an adjustable rate loan can get you into trouble down the road by fluctuating up higher than you can afford. 2) It's a good idea to meet with a home loan financial adviser you trust, and make sure they have the experience you need to make the right decision. By taking the time to build a relationship with them, you can m...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirty Ontario homes were listed for sale during the week ending July 19, 2009, according to the Inland Multi-Regional Multiple Listing Service.  A total of 290 Ontario homes were listed for sale in the MLS on July 19. Included are 183 single-family homes. There were 107 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on July 19; 115 homes were reported as vacant.  The MLS showed 60 foreclosed, or Real Estate Owned, homes listed in Ontario on July 19; 172 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 18 Ontario homes reported as sold in the MLS in the week ending July 18, 2009.  Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirty-four Ontario homes were listed for sale during the week ending July 5, 2009, according to the Inland Multi-Regional Multiple Listing Service.  A total of 317 Ontario homes were listed for sale in the MLS on July 5. Included are 206 single-family homes. There were 111 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on July 5; 133 homes were reported as vacant.  The MLS showed 73 foreclosed, or Real Estate Owned, homes listed in Ontario on July 5; 179 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. There were 29 Ontario homes reported as sold in the MLS in the week ending July 4, 2009.  Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports ...
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By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Thirty-two Ontario homes were listed for sale during the week ending June 12, 2009, according to the Inland Multi-Regional Multiple Listing Service.  A total of 362 Ontario homes were listed for sale in the MLS on June 12. Included are 220 single-family homes. There were 142 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Ontario on June 12; 150 homes were reported as vacant.  The MLS showed 87 foreclosed, or Real Estate Owned, homes listed in Ontario on June 12; 208 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.  There were 16 Ontario homes reported as sold in the MLS in the week ending June 12, 2009.  Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly rep...
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April 7, 2009   Terrorists have found a new, highly profitable way to fund their nefarious activities — mortgage fraud — placing Notary Signing Agents (NSAs) in the middle of these scams that could lead to significant national security threats. While the connection between terrorism and mortgage fraud is still emerging, several high-profile cases illustrate the threat. One notable case involves Ahmad Jebril and his father Musa Jebril, both of Dearborn, Michigan, who were convicted in federal court of using fake identities to defraud six banks and up to 50 people of $400,000. According to federal authorities, the Jebrils were active supporters of Hamas. According to an expert from mortgage prevention firm Interthinx, Hezbollah, Islamic Jihad and the Taliban have set up fraud rings in th...
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