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	<title>Riverside Real Estate</title>
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	<link>http://riversidecountyluxuryhomes.com/real-estate-news</link>
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	<lastBuildDate>Mon, 30 Aug 2010 04:30:48 +0000</lastBuildDate>
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		<title>Riverside Loan Pre-Approval Benefits</title>
		<link>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-loan-pre-approval-benefits/</link>
		<comments>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-loan-pre-approval-benefits/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 04:28:13 +0000</pubDate>
		<dc:creator>Joey Dodge</dc:creator>
				<category><![CDATA[Mortgage & Finance]]></category>

		<guid isPermaLink="false">http://riversidecountyluxuryhomes.com/real-estate-news/?p=95</guid>
		<description><![CDATA[When the lender hands a borrower a pre-approval letter, the borrower has several advantages and more leverage in the home buying process. Remember, being Pre-approved is better than being Pre-qualified. Being Pre-approved means...]]></description>
			<content:encoded><![CDATA[<p>When the lender hands a borrower a pre-approval letter, the borrower has several advantages and more leverage in the home buying process. Remember, being Pre-approved is better than being Pre-qualified. Being Pre-approved means the borrower can:</p>
<p><strong>Save Time by Looking at the Right Homes<br />
</strong><br />
In terms of price, our real estate agents can send you automatic emails that meet your exact criteria. This way, you&#8217;ll save time by checking out homes you can actually afford to buy instead of falling in love with your unaffordable &#8216;dream home&#8217;.</p>
<p><strong>Spend More Time Examining the Right Homes </strong></p>
<p>By decreasing the inventory of homes to those that fit your parameters, you can allot more time to thinking about all the little nuances each home has to offer. Lots of home buyers never move past the price point when sorting out their preferences, but now you can devote your energies to looking at the little things that matter to you most.</p>
<p><strong>Gain Confidence &amp; Avoid Disillusionment</strong></p>
<p>Now when you find that perfect home, nobody can take it away from you by telling you that you do not qualify to buy it. You can minimize anxiety and remove last-minute loan surprises that could disqualify you. You&#8217;ll sleep better at night knowing that the home you selected is yours.</p>
<p><strong>Increase Bargaining &amp; Negotiating Power</strong></p>
<p>Sellers will be more likely to immediately accept your offer, even if that offer is for less than list price, because you are giving the seller peace of mind that her home is sold. She can take her home off the market and place it into pending status with confidence.</p>
<p><strong>Enjoy a Faster Closing Period</strong></p>
<p>Because there is no window period while your loan application is processed, the lender can speed up the entire processing procedure. Appraisals can be ordered immediately. It&#8217;s possible to shorten a 30-day closing to two or three weeks, which comes in handy if a seller needs to quickly move and can&#8217;t decide which offer to accept.</p>
<p>Because mortgage approval is generally the longest contingency to satisfy in a purchase contract, it is to your advantage to obtain a preapproval letter as soon as you&#8217;re ready to begin your search. Lenders will render a decision based on your complete loan application, employment verification and data from all three credit reports. <!--/gc--></p>
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		<title>Riverside Homes Prices Increase in July</title>
		<link>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-homes-prices-increasing-july-2010/</link>
		<comments>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-homes-prices-increasing-july-2010/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 19:49:04 +0000</pubDate>
		<dc:creator>Joey Dodge</dc:creator>
				<category><![CDATA[Market Update]]></category>

		<guid isPermaLink="false">http://riversidecountyluxuryhomes.com/real-estate-news/?p=90</guid>
		<description><![CDATA[Last July, the median sale price of a Riverside County home was $190,000. Last month, the median home price came in at $205,000, an increase of 7.3%...]]></description>
			<content:encoded><![CDATA[<p>Although home sales are down this year, prices are steadily increasing in the Riverside County Real Estate Market. Sales for the month of July 2010 were 2,985, down from last July&#8217;s number of 3,868. However, home prices have increased a healthy $15,000. Last July, the median sale price of a Riverside County home was $190,000. Last month, the median home price came in at $205,000, an increase of 7.3%. See the home price data below:</p>
<table border="0" cellspacing="0" cellpadding="0" width="350">
<tbody>
<tr>
<td colspan="3">Sales Statistics<br />
for RIVERSIDE County CA</td>
</tr>
<tr>
<td colspan="3">Realist&#8217;s most recent sale date for this county is <strong>08/20/2010</strong></td>
</tr>
</tbody>
</table>
<table border="0" cellspacing="0" cellpadding="0" width="300">
<tbody>
<tr>
<td colspan="3"> <strong>Single Family Residence</strong></td>
</tr>
<tr>
<td width="70"> Time Period</td>
<td width="115" align="right">Number of Sales</td>
<td width="115" align="right">Median Sale Price </td>
</tr>
<tr>
<td> Jul 2010</td>
<td align="right">2,985</td>
<td align="right">$205,000 </td>
</tr>
<tr>
<td> Jul 2009</td>
<td align="right">3,868</td>
<td align="right">$190,000 </td>
</tr>
<tr>
<td> Jun 2010</td>
<td align="right">3,902</td>
<td align="right">$211,500 </td>
</tr>
<tr>
<td> Jun 2009</td>
<td align="right">4,097</td>
<td align="right">$185,000 </td>
</tr>
<tr>
<td> 2010 YTD</td>
<td align="right">23,111</td>
<td align="right">$205,000 </td>
</tr>
<tr>
<td> 2009</td>
<td align="right">43,496</td>
<td align="right">$190,000 </td>
</tr>
</tbody>
</table>
<table border="0" cellspacing="0" cellpadding="0" width="300">
<tbody>
<tr>
<td colspan="3"> <strong>Condominium</strong></td>
</tr>
<tr>
<td width="70"> Time Period</td>
<td width="115" align="right">Number of Sales</td>
<td width="115" align="right">Median Sale Price </td>
</tr>
<tr>
<td> Jul 2010</td>
<td align="right">347</td>
<td align="right">$160,125 </td>
</tr>
<tr>
<td> Jul 2009</td>
<td align="right">353</td>
<td align="right">$147,000 </td>
</tr>
<tr>
<td> Jun 2010</td>
<td align="right">448</td>
<td align="right">$176,250 </td>
</tr>
<tr>
<td> Jun 2009</td>
<td align="right">406</td>
<td align="right">$170,750 </td>
</tr>
<tr>
<td> 2010 YTD</td>
<td align="right">2,806</td>
<td align="right">$162,000 </td>
</tr>
<tr>
<td> 2009</td>
<td align="right">4,101</td>
<td align="right">$160,000 </td>
</tr>
</tbody>
</table>
<p>As the media continues scaring people about the current real estate market, all you really need to do is take a look at the current data. With most homes in todays market getting multiple offers, it&#8217;s pretty safe to say that we&#8217;re moving on and the market has stabilized. So, for home buyers who keep submitting low-ball offers because you think the market as a whole is still crashing down and there is going to be a second dip in home prices, I would advise for you to stop holding your breath and make an offer that is closer to the current market value, rather than what you &#8220;think&#8221; the home is worth with no reasonable data to back it up. I am not saying give the owner their asking price because sometimes, owners are just too unrealistic, but I advise you to do some research and make a good, solid respectable offer.</p>
<p>Please note that the data from above is for Riverside County as a whole. Some local markets may have had stronger price appreciation, while others are still very anemic.</p>
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		<item>
		<title>Woodcrest Home for Sale</title>
		<link>http://riversidecountyluxuryhomes.com/real-estate-news/woodcrest-home-for-sale-2/</link>
		<comments>http://riversidecountyluxuryhomes.com/real-estate-news/woodcrest-home-for-sale-2/#comments</comments>
		<pubDate>Sat, 08 May 2010 01:35:54 +0000</pubDate>
		<dc:creator>Joey Dodge</dc:creator>
				<category><![CDATA[Homes for Sale]]></category>

		<guid isPermaLink="false">http://riversidecountyluxuryhomes.com/real-estate-news/?p=86</guid>
		<description><![CDATA[Move in condition. Super clean and updated. Lots of privacy. Newer kitchen counters, 20" Tiles on floor. New carpet in some rooms. Huge Great room w/fireplace...]]></description>
			<content:encoded><![CDATA[<p>Looking for a luxury home in the <a href="http://www.riversidecountyluxuryhomes.com">Riverside Real Estate</a> market?</p>
<p><strong>Property Description:</strong></p>
<p>Move in condition. Super clean and updated. Lots of privacy. Newer kitchen counters, 20&#8243; Tiles on floor. New carpet in some rooms. Huge Great room w/fireplace. Ceiling fans in almost every room. Open Floor Plan. Lots of fruit trees, Large detached patio, Horse Property. Included 40&#8243; Storage Container for Toys, or Tools.</p>
<p>View this property: <a href="http://www.riversidecountyluxuryhomes.com/productdetail.php?la=EN&amp;per=mrmls&amp;xml=1&amp;back1=%2Fpersonal%2F1%2FsearchResults.do%3Bjsessionid%3D5CAAC07AD6793C8872BA0027510EE05B%3Ffeatured_int%3D0%26c_mtype%3Dres%26searchId%3D0%26c_type%3D50041196908%26xml%3D1%26serverId%3D0%26rpp%3D80%26c_year-built%3D1960%26c_garage%3D2%26la%3DEN%26cu%3DUSD%26ssid%3D0%26per%3Dmrmls%26minbathroom%3D2%26c_zipcode%3D92504%26minbedroom%3D3%26st%3D0&amp;of=59253224"> Riverside Home for Sale</a></p>
]]></content:encoded>
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		<item>
		<title>Riverside Home for Sale</title>
		<link>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-home-for-sale-2/</link>
		<comments>http://riversidecountyluxuryhomes.com/real-estate-news/riverside-home-for-sale-2/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 06:40:23 +0000</pubDate>
		<dc:creator>Joey Dodge</dc:creator>
				<category><![CDATA[Homes for Sale]]></category>

		<guid isPermaLink="false">http://riversidecountyluxuryhomes.com/real-estate-news/?p=84</guid>
		<description><![CDATA[BACK ON THE MARKET WITH AN APPROVAL FROM THE BANK AT $440,000! This is a magnificent estate in an exclusive area of Mockingbird Canyon. The full one-acre lot...]]></description>
			<content:encoded><![CDATA[<p>Looking for a luxury home in the <a href="http://www.riversidecountyluxuryhomes.com">Riverside Real Estate</a> market?</p>
<p><strong>Property Description:</strong></p>
<p>BACK ON THE MARKET WITH AN APPROVAL FROM THE BANK AT $440,000! This is a magnificent estate in an exclusive area of Mockingbird Canyon. The full one-acre lot is completely developed and wonderfully suited for an executive who entertains, with large outdoor patios, a barbecue area and panoramic views. The interior is highly upgraded and very luxurious with a large guest room and bath downstairs, and a bonus room upstairs. The owner&#8217;s suite is a treat with a large jacuzzi-style tub, dual vanities and an over-sized walk-in closet. Two upstairs bedrooms are joined by a Jack and Jill bath, another has its own bath and the laundry room is also conveniently located upstairs near the bedrooms. The large 4-car garage has a pass-through door to the backyard and there&#8217;s PLENTY of driveway parking for guests. What a great opportunity to own a fabulous home for a bargain price!</p>
<p>View this property: <a href="http://www.riversidecountyluxuryhomes.com/productdetail.php?la=EN&amp;per=mrmls&amp;xml=1&amp;back1=%2Fpersonal%2F1%2FsearchResults.do%3Bjsessionid%3D02A7C114D483870DD2873F356CCA117C%3Ffeatured_int%3D0%26amp%3Bc_mtype%3Dres%26amp%3BsearchId%3D0%26amp%3Bminprice%3D333000%26amp%3Bc_type%3D%26amp%3Bxml%3D1%26amp%3BserverId%3D0%26amp%3Bc_year-built%3D%26amp%3Brpp%3D5%26amp%3Bc_garage%3D%26amp%3Bla%3DEN%26amp%3Bcu%3DUSD%26amp%3Bssid%3D0%26amp%3Bper%3Dmrmls%26amp%3Bc_zipcode%3D%26amp%3Bc_mrci%3D10000014236%26amp%3Bst%3D0%26amp%3Bmaxprice%3D444444&amp;of=55095621"> Riverside Home for Sale</a></p>
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		<item>
		<title>Victorville Home for Rent $950/Month -3bed/2bath</title>
		<link>http://riversidecountyluxuryhomes.com/real-estate-news/victorville-home-for-rent-950month-3bed2bath/</link>
		<comments>http://riversidecountyluxuryhomes.com/real-estate-news/victorville-home-for-rent-950month-3bed2bath/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 00:10:38 +0000</pubDate>
		<dc:creator>Joey Dodge</dc:creator>
				<category><![CDATA[Home for Rent]]></category>

		<guid isPermaLink="false">http://riversidecountyluxuryhomes.com/real-estate-news/?p=80</guid>
		<description><![CDATA[Located on a ½ Acre Lot with a huge deck that's perfect for the BBQ and family gatherings, this home features a spacious floor plan that includes a formal dining...]]></description>
			<content:encoded><![CDATA[<p>Located on a ½ Acre Lot with a huge deck that&#8217;s perfect for the BBQ and family gatherings, this home features a spacious floor plan that includes a formal dining room and living room with a fireplace! The Master Bedroom boasts a Walk-In Closet.</p>
<p>Indoor Laundry hook-ups, Stove, Dishwasher, Central Heating and New Air Conditioner further compliment the home. Pets OK. CALL NOW!</p>
<p><a rel="nofollow" href="http://www.postlets.com/rts/3317008">Click Here to View Home</a></p>
]]></content:encoded>
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