Half Acre Equestrian Property Open House in Jurupa Valley, California By Celina Vazquez 

Half Acre Equestrian Property Open House in Jurupa Valley, California By Celina Vazquez

Sky Country Home

Open House

Saturday 1:00-4:00PM
 
Sunday 12:00-4:00PM

http://www.11545pampusdrive.com

Jurupa Valley, CA 91752

 

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Half Acre Equestrian Property For Sale in Jurupa Valley, California By Celina Vazquez

Celina Vazquez Represents this gorgeous single story California Rancho Style Horse Property located in the desirable community of Sky Country JurupaValley.

Featuring 4 bedrooms, 2 bathrooms, bonus room and 2 car garage with RV parking in a half an acre lot. Spacious kitchen with granite counters and newer cabinetry, large living room with wood burning fire place and open concept to the dining room. Tile and carpet flooring and remodeled bathrooms. In addition to that the bonus room one of the biggest room of the house can be utilized as a bedroom or family room.  
SkyCountry Community is a very special ranch-style home located right next to Eastvale and all the homes are built with half of acre or larger lots. This beautiful community is surrounded by recreation facilities that suit every phase of outdoor activity, riding, boating, camping, hiking and golfing. You are within an easy driving distance of lakes, rivers like the Santa River, desert and mountain resorts. 
This is a unique community in that there are many horse-friendly properties and big lots near urban areas, the freeways, and shopping. Most horse properties in other areas require a lot of travel to get to the amenities that you need, simply because all those large lots are located far from the city. There’s no need for that! In Sky Country, you can get the best of both worlds – a sprawling lot of a country ranch just a stone’s throw from all the important urban locations that you need to access. Banking, shopping, groceries, schools, and more are within easy reach. 
SkyCountry is a ranch-style community conveniently located with the close proximity of the 15, 60, 10 and 91 freeway. Its location is very advantageous for business commuters who travel to major employment to Riverside, SanBernardino, Los Angeles and Orange County. The Metrolink station-running rail serves to the greater Los Angeles area. SkyCountry Community offers large estates size lots and are horse properties in a rural environmental but within minutes from the city. Laramore Park is an Equestrian Park located inside of SkyCountry Community which facility is available for you to drop-in use and can follow the horse trails across Sky Country. The Santa Ana River is within minutes, which has a facility available to park your truck and trailer for the day and access the horse trails along the river. Jurupa Valley High School, Mira Loma Middle School, and SkyCountry Elementary are the schools designated to the Sky Country Community. Wineville & Vernola Family Park is located within minutes of the house. The Eastvale Gateway shopping center is a power center with stores like HomeDepot, Best Buys, Target, Homegoods, DressBarn and fine restaurants for dining like Carino’s Italian Restaurant, OnTheBorder, Pacific Fish Grill and Applebees are just less than 2 miles away. The Vernola Shopping Center with stores like Kirkland, Lowe’s, Bed Bath & Beyond, Ross, are just 2 minutes away from this gorgeous home. The Big League Dream Park is another park just around the corner from Sky Country and right next to JurupaValleyHighSchool. #Horse communities are scattered throughout the InlandEmpire and SkyCountry Community is one of them. In a city where lot sizes have shrunk steadily for the past two decades, this is a great opportunity to obtain your SkyCountry, JurupaValley home with great land. Contact CelinaVazquez at 909-697-0823 or email at celinalvz@gmail.com to schedule a showing
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Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

 

Mortgage Interest Rates Went Up Again… Should I Wait to Buy? – Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeksFreddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.
Mortgage Interest Rates Went Up Again… Should I Wait to Buy? | MyKCMThis has caused some purchasers to lament the fact they may no longer be able to get a rate below 4%. However, we must realize that current rates are still at historic lows.
Here is a chart showing the average mortgage interest rate over the last several decades.

Bottom Line

Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.
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How to Get the Most Money When Selling Your Home

How to Get the Most Money When Selling Your Home

How to Get the Most Money When Selling Your Home – Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

1. Price it a LITTLE LOW 

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In reality, this just dramatically lessens the demand for their house (see chart below).
 
Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.
Realtor.com gives this advice:
“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This, too, may seem counterintuitive, as the seller likely believes that he or she will net more money if they don’t have to pay a real estate commission. With that being said, studies have shown that homes typically sell for more money when handled by a real estate professional.
Research posted by the National Association of Realtors revealed that:
“The median selling price for all FSBO homes was $185,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $163,800. However, homes that were sold with the assistance of an agent had a median selling price of $245,000 – nearly $60,000 more for the typical home sale.”

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.
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Spring Forward: The Difference An Hour Makes

Spring Forward: The Difference An Hour Makes

Some Highlights:
  • Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time.
  • Unless of course, you are a resident of Arizona or Hawaii!
  • Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.86!
 
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Builder Confidence Hits 11-Year High

Builder Confidence Hits 11-Year High – In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage.
According to a recent survey conducted by the National Association of Home Builders (NAHB) and Wells Fargo, housing market confidence amongst builders reached an 11-year high last month.

What Does High Confidence Mean for the Housing Market?

In a recent interview, Rob DietzChief Economist and SVP for NAHB, put it this way:
“Higher market confidence will translate into more building and more inventory in 2017. We expect single-family construction to grow 10 percent next year.”
With 2016 marking the best year in real estate sales in over a decade, a 10 percent ramp-up in single-family construction will only aid in making 2017 an even greater year.
According to the latest US Census data, sales of newly constructed homes were up 3.7% over January 2016 as they reached a seasonally adjusted annual rate of 555,000. Dietz went on to comment:
“We can expect further growth in new home sales throughout the year, spurred on by employment gains and a rise in household formations. As the supply of existing homes remains tight, more consumers will turn to new construction.”

Bottom Line

With the weather and the real estate market heating up this spring, there will be a surge of new construction coming to the market soon.
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The Connection Between Home Prices & Family Wealth

The Connection Between Home Prices & Family Wealth

The Connection Between Home Prices & Family Wealth – Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.
So, what does this mean for homeowners and their equity position?
As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?
Since the experts predict that home prices will increase by 4.4% this year alone, the young homeowners will have gained $11,000 in equity in just one year.
Over a five-year period, their equity will increase by nearly $43,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.

Bottom Line

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today!
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Where Did Americans Move in 2016

 

Where Did Americans Move in 2016

 

Some Highlights:

  • For the 5th year in a row, the Northeast saw a concentration of “High Outbound” activity.
  • For the first time ever, South Dakota held the top spot for “High Inbound” states.
  • Much of America’s outbound activity can be attributed to Boomers relocating to warmer climates after retiring.
 
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Mortgage Rates Impact on 2017 Home Values

 

Mortgage Rates Impact on 2017 Home Values – There is no doubt that historically low mortgage interest rates were a major impetus to housing recovery over the last several years. However, many industry experts are showing concern about the possible effect that the rising rates will have moving forward.
The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are all projecting that mortgage interest rates will move upward in 2017. Increasing interest rates will definitely impact purchasers and may stifle demand.
In a recent study of industry experts, “rising mortgage Interest rates, and their impact on mortgage affordability” was named by 56% as the force they think will have the most significant impact on U.S. housing in 2017. If rising rates slow demand for housing, home values will be impacted.
To this point, Pulsenomics, recently surveyed a panel of over 100 economists, investment strategists, and housing market analysts, asking the question “In your opinion, at what level will the 30-year fixed rate mortgage rate significantly slow home value appreciation?” The survey revealed the following:

Bottom Line

Most experts believe that rates would need to hit 5% or above to have an impact on home prices.
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Over Half of All Buyers Are Surprised by Closing Costs

Over Half of All Buyers Are Surprised by Closing Costs

Over Half of All Buyers Are Surprised by Closing Costs – According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.
After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees were than expected.
“Homebuyers reported being most surprised by mortgage insurance, followed by bank fees and points, taxes, title insurance and appraisal fees.”
Bankrate.com recently gathered closing cost data from lenders in every state and Washington, D.C. to be able to share the average costs in each state. The map below was created using the closing costs on a $200,000 mortgage with a 20% down payment.
Keep in mind that if you are in the market for a home above this price range. your costs could be significantly more. According to Freddie Mac,
“Closing costs are typically between 2 and 5% of your purchase price.”

Bottom Line

Speak with your lender and agent early and often to determine how much you’ll be responsible for at closing. Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.
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US Housing Market Is Moving into ‘Buy Territory’!

US Housing Market Is Moving into ‘Buy Territory’!

 

US Housing Market Is Moving into ‘Buy Territory’! – According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. # housing # market has continued to move deeper into buy territory, supporting the belief that # housing # markets across the country remain a sound investment.
The BH&J Index is a quarterly report that attempts to answer the question:

In today’s housing market, is it better to rent or buy a home?

The index examines the entire US housing # market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.” 
While most of the metropolitan markets examined moved further into buy territory (16 of the 23), markets like Dallas, Denver, and Houston are currently deep into rent territory. In these three markets, it is estimated that renting will top homeownership 7 out of 10 times.
Due to a lack of inventory, the home prices in the Dallas, Denver, and Houston areas have increased by 11.6%8.3%, and 6.6% respectively. Home prices in these areas will begin to return to more normal levels once residents realize that renting is not the best option, therefore bringing home affordability back as well.

Bottom Line

The majority of the country is strongly in buy # territory. Buying a # home makes sense socially and financially, as rents are predicted to increase substantially in the next year. Protect yourself from rising rents by locking in your # housing cost with a # mortgage payment now.
To Find Out More About the Study: The BH&J Index and other FAU real estate activities are sponsored by Investments Limited of Boca Raton. The BH&J Index is published quarterly and is available online at http://business.fau.edu/buyvsrent.
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