Temecula Real Estate Trends & Statistics

Temecula Real Estate Trends & Statistics

http://www.movoto.com/statistics/ca/temecula.htm

Inventory: 428Inventory: 399Inventory: 29Recently Sold: 182Recently Sold: 175Recently Sold: 16New Listings: 133New Listings: 114New Listings: 19Distressed: 5 Distressed: 5 Distressed: 14

Temecula's home resale inventories decreased, with a 9 percent decrease since November 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in December. The median listing price in Temecula went down from November to December. There were a total of 25 price increases and 126 price decreases.

 

 

HOME PRICES: Fast-pitch in prices begins wind-down

HOME PRICES: Fast-pitch in prices begins wind-down

The fast pitch on home prices that was thrown for most of the year is winding down, a new report from the real estate reporting service CoreLogic found.
The October report by the Irvine-based firm says prices on all homes — including distressed property — rose by two-tenths of 1 percent in October from the month before, with year-to-year prices making a gain of 12.5 percent. That has the chief economist Mark Fleming projecting that November prices will flatten out.
Fleming is expecting about an 11 percent gain in home price from November 2012.
“House price appreciation has slowed, as expected for the winter,” Fleming said Tuesday, Dec. 3. “The slowdown in price appreciation is positive for the housing market, as almost half the states are now within 10 percent of their respective historical price peaks.”
Anand Nallathambi, chief executive of CoreLogic, said the deceleration in prices on a month-on-month basis was expected because the pricing gains were particularly strong in the spring and summer. The moderation is also indicative of normal seasonal patterns, and the impact higher mortgage interest rates have had on consumers, he said.
How did the Inland region fare in September, compared to the nation as a whole?
The Riverside-San Bernardino-Ontario region’s had the highest home price appreciation among its metropolitan counterparts, posting a 24.1 percent jump in price on all homes, including properties in distress. That’s a bigger percentage jump than the state of California, measuring a 22.4 percent gain in prices from October 2012.
Coming in second on the price appreciation scale was Los Angeles-Long Beach, posting a 22.1 percent increase from October 2012.


December 3, 2013 by Debra Gruszecki

Staging Tips for Selling During the Holidays

Staging your home for the Holidays....

It’s the time of year that calendars are packed with holiday parties, budgets are strained by gift-giving and the roads are covered in freshly fallen snow. Alas, 'tis not the season for real estate. But the good news is that the few brave house-hunters who do venture out are serious about buying a house and stylish trimmings will make them want to ring in the new year in your home.

“Holidays can be personal on a lot of levels, but you want to make sure your decor is neutral,” advises Amy Powers, owner of Accent Home Staging & Interiors of Atlanta. “You want to romance your buyer, not invite them to your Christmas party.”
Try these tips to get buyers in the right spirit:

• Clean and stage. “Before you decorate, your house needs to be staged,” Powers says. If your living room is already piled high with clutter and tchotchkes, your ceramic reindeer collection is only going to add to the sense of overcrowding.
• Create a cozy vibe. The less-is-more mantra of home staging may tempt you to forgo holiday cheer this year. But a few subtle touches like a bowl of pinecones, an evergreen wreath, or a pot of cider simmering on the stove can create a warm and festive feeling in your home.
• Complement your palette. Before you start untangling your tinsel, make sure your holiday collection matches your current decor. If your living room is painted a soothing ocean-blue hue, skip the clashing red garland and opt for white snowflakes or a silver glass-ball wreath. If you’ve got an earthy color scheme, accent with rich tones like cranberries, forest greens and gold.
• Accentuate the positive. Too many trimmings may distract buyers, but the right accessories can draw attention to your home’s best features. Dangle mistletoe in an arched doorway, or display your menorah on the ledge of a bay window; just don’t block a beautiful view with stick-on snowflake decals or clutter an elegant fireplace with personalized stockings.
• Go light on lights. Step away from the inflatable snowman, Clark Griswold. One man’s “merry” is another man’s “tacky,” so tone down any garish light displays while your home is on the market. (No, your neighbors didn’t pay us to say that.) Instead, use simple string lighting to play up your home’s architecture or draw attention to the gorgeous fir tree in your front yard.
• Be an equal-opportunity decorator. Leave the life-sized Nativity scene in storage this year, because overtly religious flourishes may be off-putting to some buyers. “You want to keep neutrality throughout, so you can attract any type of buyer,” Powers says. Not sure what qualifies? Powers adds, “No matter what your religion is, you’re not going to feel offended by a nutcracker.”
• Mind the tree. A tall Christmas tree can help you show off your two-story great room, but make sure the wide base won’t overwhelm the floor space. If your living area is on the small side, save space with a skinny tree. Swap the gaudy heirloom ornaments and trim your tree in a cohesive theme such as icicle lights and silver tinsel, for example, or blue and gold glass balls.
• Clear the clutter. A few decorations can stir the holiday spirit, but don’t feel obliged to hang every last ornament. “A lot of people, when they decorate, tend to use all the extra space in their house,” Powers says. “You still want each space to look as spacious as possible.” Limit yourself to a few hints of holiday flair, but stash the rest in the basement for now. If you start to miss your Santa figurines, just remember that with a little luck, you’ll be celebrating next year’s holidays in a new home. And you can decorate that place any way you please.

By Kara Wahlgren, FrontDoor.com

December 13, Friday....Winter Wonderland at Penny Pickle's

Penny Pickles, Old Town Temecula

WINTER WONDERLAND!
Friday, December 13, 5-8:30 p.m.Tickets for activities are $1 each. Figure out how many you will need here! (This link will open as a PDF. By the way... you can always purchase more tickets on the evening of the event.)
Pre-purchase tickets here so you won't have to wait in line!

http://www.pennypickles.org/

Magic Snow Show at Promenade Temecula

Magic Snow

Friday, December 6 7pm & 8pm

Celebrate the holidays with Magic Snow!

Show times begin at 7pm and 8pm.

 

http://www.promenadetemecula.com/event/magic-snow/2145428192

December 6th...Friday.....Christmas in Temecula, Parade....yippee!!

December 6, 2013, 7:00pm, Old Town Front Street

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A Snowman Spectacular is coming to Old Town! Floats, equestrians, bands and more will travel thru the twinkling lights of Old Town during the annual parade. All entries need to have lights and incorporate our parade theme, Snowman Spectacular.

Click the above link to see the parade route. (Or download the parade route with road closures HERE!)
(NOTE: Parade Viewing on Jefferson Ave. from Del Rio Road to Rancho California Road will only be available on the WEST SIDE of Jefferson. Northbound Jefferson Ave. will still be open and have incoming traffic.)

Santa and Christmas Tree Lighting at Pat and Oscar's on the Pond TONIGHT!:)

December 5, 2013, 7:00pm, Temecula Duck Pond

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Join us for a City of Temecula time honored tradition and kick off the holiday season at the 16^th annual Christmas Tree Lighting Ceremony. This is a wonderful evening of Christmas caroling by the Temecula Valley Children’s Chorus, a countdown to the Christmas tree lighting, holiday treats and a visit from Santa. A fun night for the whole family!