Category Archives: San Bernardino
What are My House Parts Life Expectancies?
Our houses are built to last, but how long? Well, if your house is going to fall apart, what piece is going first? What are the average life expectancies of the core components of a house? I’ll try to answer some of those questions. I think an appropriate place to start should be your roof. All houses have them and some people may not …
Test Drive A House
Some people are very creative. I have always said, that in any type of market, there are those who capitalize and make money out of it. During the “bubble burst” I saw a lot of real estate agents making a ton of money because they were willing to put the time and effort into short sales. This was a concept that newer agents had …
Inland Empire Housing is Still Bouncing Back and Still...
It is going to be up and down for a while. We have seen some really good months recently for the resale housing market. January and February were steady and March was still a good month on the rise. Home sales rebounded in March but fell below what they were a year ago. Stats for newly constructed homes are also included in this data. …
Worst Case Scenarios in Real Estate Aren’t Alway...
Here’s a fact: Single-family homes hold a significant share of all rental properties. Half of all rentals in the Inland Empire are single-family homes, the highest proportion among U.S. metro areas (according to John Burns Real Estate Consulting of Irvine). This is locally compared to 30% of Orange County rentals and not-so-locally 35% of U.S. rentals are single-family homes (U.S. Census). Here are some …
Flat Fees Mean Flat Sales
Are Flat Fee Real Estate Companies the way to go? I will tell you no way and here are some reasons why. A flat fee company is only as good as the agent you have working for you. In many cases these agents are capable and diligent but have way to large of a workload. The majority of the work is left up to …
Real Estate Smoke Signals
If all the dire warnings about your health haven’t motivated you to quit smoking, perhaps a reality check about the likelihood of selling your home while it smells of cigarettes will do the trick. People in the Real Estate industry might want to take a longer, harder look at the buying and selling of smokers’ homes. We all know that the foul smell of …
And You Thought Your Job Was Dangerous
You may not think about it often, but being an agent can be dangerous. Hosting open houses, going on listing appointments and visiting vacant properties are routine duties for a real estate professional. Real estate agents are targeted because they are crimes of opportunity. Agents usually work alone in all of these situations. Bad people target real estate professionals because know they carry a …
Here is When You Know You’re About to Make Criti...
If rent is too cheap, it is most likely too good to be true. There is always a reason that someone would be asking a lot less than they can possibly ask for a rental. The property most likely needs a lot of hidden repairs. Ask yourself honestly, if you were to own a place and wish to rent it out, why wouldn’t you …
California Making Tough Times Easier for Families
Gov. Jerry Brown has signed a bill to simplify the way Californians pass homes down to their kids, unmarried partner, friend, or loved one before they die. The law, which takes effect Jan. 1, 2016, will allow residential real property to be transferred upon death with a simple form. California state Assemblyman Mike Gatto, D-Glendale, who created AB139, says the new legislation will help …
Growth in the IE for Real Estate Means Growth in Econo...
The good news continues! The Inland Empire (IE) real estate market, residential as well as industrial, is stable and showing growth. Buying and selling homes and business in the IE stimulates another area that needed to continue its rise: employment. Now, unemployment in the IE dropped from 8.2% to 6.5% this year. There is an increase in non-farm employment of 47,300 in the past …