Seven previously-owned homes closed escrow in Upland during the week ending May 3, 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 26 new Upland listings were added during the week, for a total inventory of 382 previously-owned homes listed in Upland on May 4, including 259 single-family homes with no monthly fees and 123 condominiums, town homes and single-family homes in associations. As of May 4, the MLS reported, 36 Upland single-family homes or condominiums were available for leasing. Of those, the median monthly rental price was $2,125.Ila prepares weekly market activity reports for her website, http:... 05/04/2008

Six previously-owned homes closed escrow in Upland during the week ending April 26, 2008, and seven 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 396 previously-owned homes listed in Upland on April 27, including 274 single-family homes with no monthly fees and 122 condominiums, town homes and single-family homes in associations. Twenty-two homes were priced at $1 million or moreAs of April 27, the MLS reported, 31 Upland single-family homes or condominiums were available for leasing. Of those, the median monthly rental price was $2,050.Ila prep... 04/27/2008

Five previously-owned homes closed escrow in Upland during the week ending April 19, 2008, and four 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 391 previously-owned homes listed in Upland on April 20, including 273 single-family homes with no monthly fees and 118 condominiums, town homes and single-family homes in associations. As of April 20, the MLS reported, 28 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 websit... 04/21/2008

Five previously-owned homes closed escrow in Upland during the week ending April 12, 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 16 new Upland listings were added during the week, for a total inventory of 393 previously-owned homes listed in Upland on April 13, including 279 single-family homes with no monthly fees and 114 condominiums, town homes and single-family homes in associations. As of April 13, the MLS reported, 29 Upland single-family homes or condominiums were available for leasing. Of those, the median monthly rental price offered for single-family homes was $2,400.Ila prepares weekly market ... 04/13/2008

Seven previously-owned home closed escrow in Upland during the week ending April 5, 2008, and seven Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 32 new Upland listings were added during the week, for a total inventory of 398 previously-owned homes listed in Upland on April 6, including 282 single-family homes with no monthly fees and 116 condominiums, town homes and single-family homes in associations. As of April 6, the MLS reported, 33 Upland single-family homes or condominiums were available for leasing.Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fonta... 04/06/2008

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, 31 single family homes and a total of 4 condos/townhomes entered escrow, sales are double of what they were in January 08.  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 March 2008: Down 3 from Last January 0822 Single Family Homes4 Condos/TownhomesPending Sales For March 2008: Up 12 from January 0846 Single Family Homes2 Condos/TownhomesCurrent Actives As of Today's Post: up by 10 f... 04/04/2008

Six previously-owned home closed escrow in Upland during the week ending March 29, 2008, and eight Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 14 new Upland listings were added during the week, for a total inventory of 392 previously-owned homes listed in Upland on March 30, including 275 single-family homes with no monthly fees and 117 condominiums, town homes and single-family homes in associations. A total of eight Upland homes were priced under $200,000, according to the MLS.  As of March 30, the MLS reported, 30 Upland homes were available for leasing.Ila prepares weekly market activity reports for her website, http://www.ilajosephs.c... 03/31/2008

I thought this would be fun, everyone list your most hated buzz words or Real estate Jargon.  Here are my most hated,"Reach out to me"   instead of just saying "call me back" or "contact me" people insist on saying this. Nothing sounds more foolish coming out of your mouth unless you follow it up with "shoot me an e-mail""Rome wasn't built in a day"Really? it wasn't? I must have been wrong all these years!! Come on people you know you want to leave a post, just remember to "think outside the Box"!!!!! Josh CCommercial Real Estate Financing 03/26/2008

Two previously-owned home closed escrow in Upland during the week ending March 22, 2008, and seven Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 33 new Upland listings were added during the week, for a total inventory of 393 previously-owned homes listed in Upland on March 23, including 270 single-family homes with no monthly fees and 123 condominiums, town homes and single-family homes in associations. A total of eight Upland homes were priced under $200,000, according to the MLS.  Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, ... 03/23/2008

I talked briefly with an Residential Real Estate agent today and heard the same thing we have all heard over and over..."It's so hard to find work" "The market sucks and I can't sell anything"" I need more money" (sell your Benz!) After doing my best to be polite I realized something. This girl has been used to working 2-3 hours a day 4 days a week for the past three years and because we live in Southern Ca she was able to get listings, sell houses, and still make over $100,000 a year with little effort on her part.Now that she has to actually "work" she would rather complain and blame the market or tightened lending requirements then go out and seek out the good deals.I remember going into her office back in my residential lending days and seeing her shop online, watching TV, or hearin... 03/19/2008

Four previously-owned home closed escrow in Upland during the week ending March 15, 2008, and five Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 15 new Upland listings were added during the week, for a total inventory of 392 previously-owned homes listed in Upland on March 16, including 265 single-family homes with no monthly fees and 127 condominiums, town homes and single-family homes in associations. A total of eight Upland homes were priced under $200,000, according to the MLS.  Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, ... 03/16/2008

One previously-owned home closed escrow in Upland during the week ending March 8, 2008, and four Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 26 new Upland listings were added during the week, for a total inventory of 396 previously-owned homes listed in Upland on March 9, including 267 single-family homes with no monthly fees and 129 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Whether you are buying or s... 03/09/2008

Four previously-owned homes closed escrow in Upland during the week ending March 1, 2008, and six Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 17 new Upland listings were added during the week, for a total inventory of 381 previously-owned homes listed in Upland on March 2, including 264 single-family homes with no monthly fees and 117 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Whether you are buying or ... 03/02/2008

I was fortunate enough to be the Commercial Loan Broker on an 8-unit Apartment building Refinance that just closed yesterday. Why is this important to anyone?? Well let me tell you a tiny bit about this transaction and I think you will see it's value...This was a cash-out refi of about $385,000 with an existing loan amount of $850,000, making the new loan just over 1.2 million.The borrower had a middle Fico of 691 and had a DSCR of 1.5 and the property was in great shape.I was able to get them a rate of 7.125% for a 5/30 fixed 3 year pre-pay "no balloon" loanDid I mention that we went STATED INCOME!!! this rate was tremendous and unheard of and all i had to do was some homework on who had the best rates! The borrower was happy and the loan closed in 32 days!!I mention this scenario abov... 02/27/2008

No previously-owned homes closed escrow in Upland during the week ending Feb. 23, 2008, and six Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 24 new Upland listings were added during the week, for a total inventory of 388 previously-owned homes listed in Upland on Feb. 24, including 270 single-family homes with no monthly fees and 118 condominiums, town homes and single-family homes in associations. Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Whether you are buying or se... 02/24/2008

Drive me insane!!  I had a client that was approved at 6.875% for an apartment Re-Fi and we got everything in on time and had a file that was rock solid and in the end..... the bank gave me Docs that had 7.375% and expected me not to notice, Seriously!!Come to find out the Account Exec wanted a little rebate for Himself and didn't think I would notice the difference in rate or the "POC" mention that showed Him getting some money "payed outside of Closing". This industry is filled with so many crooks it makes it difficult to find people who just do the right thing for the ENTIRE transaction. Oh well, He lost a customer and what little rebate he would have got cannot make up for the volume he loses in the future!! Good Luck out there!!! Keep your eyes on those DOCS!!!!!!Josh 02/20/2008

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 January 2008, 18 single family homes and a total of 2 condos/townhomes entered escrow, down 11 sales from last month.  My overall view of the market is still slipping, Click Here to view an article about the market conditions of the Inland Empire.Closed Sales For January 2008: Up 16 from Last Month27 Single Family Homes2 Condos/TownhomesPending Sales For January 2008: The same as Last Month36 Single Family Homes4 Condos/TownhomesCurrent Actives As of Today's Post: up by 25 from Last Month333 Single Family Home... 02/18/2008

Due to the recent residential market slowdown EVERY bank or lending institution is looking much more closely at every file . Borrowers that have good credit and money in the bank may still face a few bumps in the road, but remaining flexible with what the bank requires may help the process run much smoother. Underwriters have become more strict and may require more documentation than in the past. Lenders are evaluating potential borrowers more carefully than before, analyzing their net worth, liquidity and previous commercial property experience before committing to a loan. Some banks are still allowing LTV's up to 90-95% depending on the property and borrower profile. One bank even goes to 97%.   Stated-income options are still widely available but with lower LTV's and longer prepaymen... 02/18/2008

Six previously-owned homes closed escrow in Upland during the week ending Feb. 16, 2008, and nine Upland homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which reports listings and sales of previously-owned homes. The MLS said 39 new Upland listings were added during the week, for a total inventory of 385 previously-owned homes listed in Upland on Feb. 17, including 263 single-family homes with no monthly fees and 122 condominiums, town homes and single-family homes in associations.  Ila prepares weekly market activity reports for her website, http://www.ilajosephs.com/, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. Whether you are buying or... 02/17/2008

If you are in the area of Foothill and Central in Upland, check out The Hat. It is a great sandwich classic that features a varied menu with all of the traditional drive thru specials, their special is a Pastrami Dip that is to die for.  Their chile cheese fries are a great addition, bring a big appitite as they give you plant. The Hat has a few locations throughout the southland and has been a favorite for over 55 years. Located at 857 N. Central Ave in Upland, near Central and Foothill, this is a must try for locals and those passing through. Empire Realty - Premium Full Service at a Discount Visit us on the web EMPIRE REALTY. Oh Yea, and great food suggestions! 02/13/2008