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This section of our website is here to provide you with as much real estate information as you might want about Riverside and Riverside County real estate.

 

Informal, short, and right to the point. Opinions, vital statistics, suggestions, screw-ups, and editorial comments about the occasionally insane world of professional real estate…and we have a sense of humor as well, so enjoy.

March 4, 2020

Yesterday, the Federal Reserve issued an emergency rate cut of 50 basis points; the biggest rate cut since 2008, prior to the recession. The move was in response to the recent global spread of the coronavirus. Although this cut doesn't directly affect mortgage rates, i...

February 19, 2020

Interest rates…Rates were definitely the biggest winner last year.  The Feds cut short term rates three times in 2019, erasing all but one of the raises they gave us in 2018…and they have indicated they have no plans to mess with rates anytime soon.  Although these sho...

February 5, 2020

As we are penning this blog, there are currently 416 available properties for sale in the city of Riverside...a drop of over 40% from this time last year. This includes all condos, townhomes, manufactured homes, and single family residences! This is equivalent to rocke...

July 20, 2018

Everyone understands the stock market bounces around like a ping-pong ball in a big wind. But guess what...the housing market does the same thing. We don’t change daily, or hourly, but we DO have changes in our local market that can be measured in terms of weeks.

For ex...

June 20, 2018

There is a lot of talk about the reduced inventory of homes for sale in our real estate market...and while this is true, it does not mean the “sky is falling” and that it is impossible to purchase a home. Let us be clear. Homes are still selling and buyers are still bu...

May 22, 2018

It seems as if every time you open up the paper today or turn on the nightly news, the resounding theme circling our real estate market is that inventory continues to tighten to historic lows, forcing home prices to rise to levels as high as they stood in 2007 before t...

April 12, 2018

Interest rates are on the rise, what does that mean to both buyers and sellers?

A couple of weeks ago, interest rates went up from 4.25% to 4.50% on a 30 yr fixed conventional loan.  From what we can see (into our crystal ball) it looks as if rates will rise again at le...

March 20, 2018

There is a lot of talk about the reduced inventory of homes for sale in our real estate market...and while this is true, it does not mean the “sky is falling” and that it is impossible to purchase a home. Let us be clear. Homes are still selling and buyers are still bu...

February 28, 2018

This is a good question and one that was posed to us by a prospective buyer…and the simple answer is a resounding NO.  We know that this flies in the face of the mainstream media and the siren they are sounding about the lack of housing, but let us tell you a different...

January 30, 2018

Westcoe Realtors, Riverside Ca…This the second of a two part series on why our current real estate market is nothing like the market of 2007 (which was the gateway to a huge housing market crash), no matter how many nay-sayers you might have making noise in your ear.

In...

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What Can a Seller Take With Them When a Home Sells?

November 30, 2017

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