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... 08/24/2008

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... 08/17/2008

Homes Sold: Four previously-owned homes closed escrow in Upland, CA, during the week ending August 9, 2008, and 10 Upland 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.                                      for Sale: The MLS said 10 new Upland listings were added during the week, for a total inventory of 336 previously-owned homes listed in Upland on August 10, including 231 single-family homes with no monthly fees and 105 condominiums, town homes and single-family homes in associations. The MLS listings indicated 123 of homes currently on the market were vacant. Of the homes for sale in Upland, 66 ... 08/10/2008

Homes Sold: Eleven previously-owned homes closed escrow in Upland during the week ending August 2, 2008, and 18 Upland 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.                                      for Sale: The MLS said 12 new Upland listings were added during the week, for a total inventory of 331 previously-owned homes listed in Upland on August 3, including 223 single-family homes with no monthly fees and 108 condominiums, town homes and single-family homes in associations. The MLS listings indicated 117 of homes currently on the market were vacant. Of the homes for sale in Upland, 62 were... 08/03/2008

Homes Sold: Four previously-owned homes closed escrow in Upland during the week ending July 26, 2008, and 10 Upland homes reportedly entered escrow 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.                                      for Sale: The MLS said 24 new Upland listings were added during the week, for a total inventory of 367 previously-owned homes listed in Upland on July 27, including 249 single-family homes with no monthly fees and 118 condominiums, town homes and single-family homes in associations. The MLS listings indicated 137 of homes currently on the market were vacant. Of the homes for sale in Upland, 65 were listed as "... 07/27/2008

Homes Sold: Ten previously-owned homes closed escrow in Upland during the week ending July 19, 2008, and nine Upland homes reportedly entered escrow 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. Homes for Sale: The MLS said 22 new Upland listings were added during the week, for a total inventory of 362 previously-owned homes listed in Upland on July 20, including 245 single-family homes with no monthly fees and 117 condominiums, town homes and single-family homes in associations. The MLS listings indicated 134 of homes currently on the market were vacant. Of the homes for sale in Upland, 62 were listed as "short sales" and 47 were being sold by the lender, ... 07/20/2008

Six previously-owned homes closed escrow in Upland during the week ending July 12, 2008, and five Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 21 new Upland listings were added during the week, for a total inventory of 368 previously-owned homes listed in Upland on July 6, including 250 single-family homes with no monthly fees and 118 condominiums, town homes and single-family homes in associations. The MLS listings indicated 131 of homes currently on the market were vacant. Of the homes for sale in Upland, 62 were listed as "short sales" and 42 were being  sold by the lender, according the MLS listing information. As ... 07/13/2008

No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County.  In of June 2008, 48 single family homes and a total of 8 condos/townhomes entered escrow, up 7 from last month.  My overall view of the market is still slow but it is stabilizing, Click Here to view an article about the market conditions of the Inland Empire. All sales factors have come up slightly, finally some good news. Closed Sales for June 2008: Down 34 from Last Month, one month up one month down 41 Single Family Homes 5 Condos/Townhomes Pending Sales for June 2008: Up 5 from last month 66 Single Family Homes... 07/12/2008

Nine previously-owned homes closed escrow in Upland during the week ending July 5, 2008, and five Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 19 new Upland listings were added during the week, for a total inventory of 362 previously-owned homes listed in Upland on July 6, including 245 single-family homes with no monthly fees and 117 condominiums, town homes and single-family homes in associations. The MLS listings indicated 124 of homes currently on the market were vacant. Of the homes for sale in Upland, 62 were listed as "short sales" and 36 were being  sold by the lender, according the MLS listing information. As ... 07/06/2008

Seven previously-owned homes closed escrow in Upland during the week ending June 28, 2008, and six Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 20 new Upland listings were added during the week, for a total inventory of 354 previously-owned homes listed in Upland on June 29, including 238 single-family homes with no monthly fees and 116 condominiums, town homes and single-family homes in associations. The MLS listings indicated 126 of homes currently on the market were vacant. Of the homes for sale in Upland, 57 were listed as "short sales" and 31 were being  sold by the lender, according the MLS listing information. A... 06/29/2008

Nine previously-owned homes closed escrow in Upland during the week ending June 21, 2008, and eight Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 27 new Upland listings were added during the week, for a total inventory of 363 previously-owned homes listed in Upland on June 22, including 244 single-family homes with no monthly fees and 119 condominiums, town homes and single-family homes in associations. The MLS listings indicated 128 of homes currently on the market were vacant. Of the homes for sale in Upland, 58 were listed as "short sales" and 28 were being  sold by the lender, according the MLS listing information. ... 06/22/2008

No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County.  In of May 2008, 45 single family homes and a total of 3 condos/townhomes entered escrow, down by 3 from last month.  My overall view of the market is still slow but it is stabilizing, Click Here to view an article about the market conditions of the Inland Empire. All sales factors have come up slightly, finally some good news. Closed Sales For May 2008: Up 51 from Last Month, now that is an increase 67 Single Family Homes 13 Condos/Townhomes Pending Sales For May 2008: Up 17 from last month 77 Single Family Homes 1... 06/19/2008

Six previously-owned homes closed escrow in Upland during the week ending June 14, 2008, and eight Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members.  The MLS said 19 new Upland listings were added during the week, for a total inventory of 358 previously-owned homes listed in Upland on June 15, including 244 single-family homes with no monthly fees and 114 condominiums, town homes and single-family homes in associations. The MLS listings indicate 129 of homes currently on the market are vacant. Of the homes for sale in Upland, 58 are listed as "short sales" and 19 are being  sold by the lender, according the MLS listing information.  As ... 06/15/2008

Four previously-owned homes closed escrow in Upland during the week ending June 7, 2008, and 37 Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members.  The MLS said 23 new Upland listings were added during the week, for a total inventory of 353 previously-owned homes listed in Upland on June 8, including 239 single-family homes with no monthly fees and 114 condominiums, town homes and single-family homes in associations. The MLS listings indicate 122 of homes currently on the market are vacant. Of the homes for sale in Upland, 56 are "short sales" and 19 are being  sold by the lender, according the MLS listing information.  As of June 8, the... 06/08/2008

Eleven previously-owned homes closed escrow in Upland during the week ending May 31, 2008, and 10 Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 14 new Upland listings were added during the week, for a total inventory of 364 previously-owned homes listed in Upland on June 1, including 245 single-family homes with no monthly fees and 119 condominiums, town homes and single-family homes in associations. The MLS listings indicate 127 of homes currently on the market are vacant.  As of June 1, the MLS reported, 23 Upland single-family homes were available for leasing. Of those, the median monthly rental price was $2,350.  Il... 06/01/2008

Ten previously-owned homes closed escrow in Upland during the week ending May 24, 2008, and nine Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 19 new Upland listings were added during the week, for a total inventory of 371 previously-owned homes listed in Upland on May 26, including 244 single-family homes with no monthly fees and 127 condominiums, town homes and single-family homes in associations. The MLS listings indicate 132 of homes currently on the market are vacant. As of May 26, the MLS reported, 23 Upland single-family homes were available for leasing. Of those, the median monthly rental price was $2,495.  Ila ... 05/26/2008

The monthly home sales activity report issued by DataQuick News sparks a flurry of newspaper articles, broadcast commentary and internet discussion. As a snapshot of the housing market, it depicts what transpired last month and compares it to a snapshot taken at the same time a year ago. Like a snapshot taken on vacation, it doesn't tell the whole story. There are so many variables in real estate, it's hard to pin the housing market down. The price of gasoline, jobs lost and found, family issues, personal triumphs and losses - all play a role in our individual housing decisions. Recent sales prices and the number of homes available help buyers gauge the local market. Changing seasons also affect the housing market, which is why DataQuick News compares sales during any month to sales in ... 05/22/2008

One previously-owned homes closed escrow in Upland during the week ending May 17, 2008, and 14 Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members  The MLS said 22 new Upland listings were added during the week, for a total inventory of 380 previously-owned homes listed in Upland on May 18, including 252 single-family homes with no monthly fees and 128 condominiums, town homes and single-family homes in associations.  As of May 18, the MLS reported, 24 Upland single-family homes were available for leasing. Of those, the median monthly rental price was $2,500. Ila prepares weekly market activity reports for her website, www.ilajosephs.com, ... 05/18/2008

No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County.  In of March 2008, 44 single family homes and a total of 5 condos/townhomes entered escrow, up by 21 from last month.  My overall view of the market is still slow but it is stabilizing, Click Here to view an article about the market conditions of the Inland Empire. Closed Sales For April 2008: Up 4 from Last Month 29 Single Family Homes 0 Condos/Townhomes Pending Sales For April 2008: Up 20 from Month 64 Single Family Homes 6 Condos/Townhomes Current Actives As of Today's Post: Down 23 from Month 328 Single Family H... 05/12/2008

One previously-owned homes closed escrow in Upland during the week ending May 10, 2008, and three Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 20 new Upland listings were added during the week, for a total inventory of 377 previously-owned homes listed in Upland on May 11, including 254 single-family homes with no monthly fees and 123 condominiums, town homes and single-family homes in associations. As of May 11, the MLS reported, 37 Upland single-family homes or condominiums were available for leasing. Of those, the median monthly rental price was $2,200.  Ila prepares weekly market activity reports for her website, w... 05/11/2008