5 city market update 9/9/2015-9/16/2015

Here is what is currently happening in the following cities:

Rancho Cucamonga

Total Listings: 428
New Listings: 54
Escrow: 156
Closed: 21

Fontana

Total Listings:376
New Listings:45
Escrow:131
Closed:29

Rialto

Total Listings:159
New Listings:15
Escrow:59
Closed:15

Upland

Total Listings:206
New Listings:9
Escrow:52
Closed:13

Ontario

Total Listings:274
New Listings:20
Escrow:84
Closed:20

 So what can we conclude with this information?  Well Rancho and Fontana continue to lead the way with activity.  Homes are being listed and sold consistently in those cities.  While cities like Upland are far and fewer between.  Looking to upsize? Downsize?  Or purchase your first home? Give me a call and I will be happy to sit down with you and explain the entire process.

Omar Rodriguez Real Estate-Prudential California Realty
BRE 01778166
12335 Baseline Rd. Suite 101
Rancho Cucamonga, CA 91739
909-201-3093 mobile
www.OmarRodriguezRealEstate.com
www.OmarRodriguez.realtor

Final Q2 Real Estate stats-San Bernardino County

Check out the final Real Estate stats for San Bernardino County-Q2.  Broken down by zip code.  Find out if your home increased or decrease in value.  Is now a good time to sell or buy?

As always, you can go to www.OmarRodriguezRealEstate.com to search homes or to check the value of your current home.  Contact Omar Rodriguez Real Estate for a no cost, no obligate Comparative Market Analysis.

Omar Rodriguez Real Estate
BRE # 01778166
Prudential California Realty
909-201-3093 Direct
Omar4homes@yahoo.com

Five City Market Update

Omar Rodriguez Real Estate

Five City Market Update For Week of 7/22/2015-7/29/2015

Rancho Cucamonga:

Total Listings: 466
Listed this week: 56
In Escrow: 131
Closed: 27

Fontana:

Total Listings: 373
Listed this week: 49
In Escrow: 124
Closed: 37

Rialto:

Total Listings: 122
Listed this week: 18
In Escrow: 59
Closed: 14

Upland:

Total Listings: 217
Listed this week: 22
In Escrow: 53
Closed: 19

Ontario:

Total Listings: 263
Listed This week: 32
In Escrow: 91
Closed: 21

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this vital market information, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Omar Rodriguez Real Estate-Prudential California Realty
12335 Baseline Rd. Suite 101  Rancho Cucamonga, CA 91739
909-201-3093 mobile  omar4homes@yahoo.com
www.OmarRodriguezRealEstate.com 

Great time to buy or sell!

As we approach  Spring and warmer weather, the real estate market in the Inland Empire is already heating up.  With rates still low, hovering around 3.9%, buyers are plentiful and they are looking for a home just like yours.  Remember, it can take up to 3 months or longer to complete the sale of your home, now is the perfect time to put your home on the market if your target date to move is the summer.  Choosing the right agent is key.  Ensure that the agent you choose tells you what you need to hear and not what you want to hear just to secure your listing.

Omar Rodriguez Real Estate, we pride ourselves on telling clients what they need to hear and aren't afraid to walk away from a client.

Feel free to contact Omar Rodriguez directly for a no cost, no obligation home evaluation.

Text "Omar Sells" (without parenthesis) to 28748 to view our featured listings and bit more information about Omar Rodriguez Real Estate.

Omar Rodriguez
BRE 01778166
Intero Real Estate Services
909-201-3093 direct

www.OmarRodriguezRealEstate.com

Great article on Mortgage mistakes...

Read here.

Obama cut the FHA insurance premium

Obama: FHA Premium Cut Helps Middle Class

JANUARY 23, 2015 LEAVE A COMMENT

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Daily Real Estate News | Wednesday, January 21, 2015

In his sixth State of the Union speech, President Barack Obama last night pointed to the cut in the annual FHA insurance premium that takes effect later this month as the kind of “middle-class economics” initiative he wants to focus on to help build on the country’s improving economic picture.

“Things like lower mortgage premiums … will make a meaningful difference in the lives of millions of families,” the president said last night in his nationally televised address before a joint session of Congress.

Obama provided no details on the FHA initiative, but in a speech he gave two weeks ago in Phoenix, the president said the FHA premium cut would save home owners an average of $900 a year in fees. NAR President Chris Polychron attended that speech and spoke with Obama prior to it about the proposal. “I told the president we received the proposal very favorably,” Polychron said last week.

Behind that number is a 50 basis point reduction in the annual mortgage insurance premium, from 1.35 percent to 0.85 percent, that’s set to take effect January 26, according to a mortgagee letter issued by the U.S. Department of Housing and Urban Development earlier this month.

Obama framed his speech around a theme he called “middle-class economics,” which is intended to lift up working families now that the economy is seeing sustained job growth, an improved stock market, and lower gas prices.

Obama said three components were required to bring about his vision of middle-class prosperity: security for working Americans, the skills required to fill 21st century jobs, and a competitive environment for businesses looking to locate and hire workers. He offered a list of ideas from child care tax cuts to free junior college tuition to strong free-trade deals with Asia and Europe.

Obama also highlighted his position on Internet net neutrality, a policy framework backed by NAR that is intended to prevent Internet service providers from creating different tiers of service levels that would impact consumers’ online experience. “I intend to protect a free and open internet, extend its reach to every classroom and every community, and help folks build the fastest networks, so that the next generation of digital innovators and entrepreneurs has the platform to keep reshaping our world,” he said.

He also noted the careful approach his administration is taking on regulation of unmanned aerial vehicles, or drones. The Federal Aviation Administration is working on rules for the use of small UAVs for commercial purposes, although it’s not clear when the rules will be released. The president said his administration is working “to make sure our use of new technology like drones is properly constrained.” NAR supports the safe and responsible use of UAVs for commercial purposes and has worked with the FAA as it develops its rules.

Much of the president’s agenda will require congressional action, setting up some difficult legislating in the year ahead. In remarks reported in the Washington Post after the speech, House Speaker John Boehner (R-Ohio) called some of the proposals “unserious” and, in other reports, said they’re “the wrong policies.”

— Robert Freedman, REALTOR® Magazine Daily News

December 2014 Newsletter

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends December 2014 Newsletter:
http://omarrodriguezrealestate.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is also filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, community reports that map shopping, schools, recreation and more. 

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://omarrodriguezrealestate.housingtrendsenewsletter.com/homeworth.cfm

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours, 

Omar Rodriguez
National Real Estate Group
8008 Haven Ave. Rancho Cucamonga CA 91730
909-320-2345 | 909-201-3093
omar4homes@yahoo.com 


(While I hope you find the information contained in this eNewsletter useful and informative, if you wish to no longer receive it, you may click on the “unsubscribe” link at the bottom of the newsletter.)

 

Omar Rodriguez

Realtor

BRE 01778166

National Real Estate Group

8008 Haven Ave. Suite 200

Rancho Cucamonga, CA 91730

909-201-3093 mobile

888-496-8190 fax

www.sellwithomar.com