According to the most recent housing figures released last month, San Bernardino County continues to lead Southern California in housing affordability. CoreLogic, Inc., a major California-based corporation that provides financial, property and consumer information, indicated that the median price for a San Bernardino County home is $325,000.
The holiday season, with shorter days and longer nights, pose challenges to some homeowners that are less prevalent throughout the rest of the year. Keeping your home and any guests you might be entertaining this season safe should be near the top of your holiday wish list.
The holiday season is on its way and, for many during this season, home shopping goes on the backburner. However, for homebuyers who are ready to greet the New Year from the front porch of their newly acquired slice of the American Dream, here are some holiday gift suggestions for the friends and family of those dedicated few.
One of the key reasons the Baldy View region is one of the most desirable destinations for homebuyers and homeowners is because it offers three unique and distinct environments: lush valleys, towering mountain ranges and scenic deserts.
Homeownership, whether a single family detached home or multi-family attached home, comes with a great many benefits and a seemingly equivalent amount of responsibilities. As a renter, you are free to leave the responsibility for upkeep, appearance and insurance up to your landlord.
If you are like me, the thought of signing all of your loan documents at the close of escrow was a fairly brain stretching ordeal. The sheer volume of signatures and documents is almost enough to make someone reconsider just how important this piece of the American Dream is for them.
Today, many services and benefits available to homeowners are heavily advertised online and on television and are often used as ‘bait’ to sell other products and services. However, since many of these services are government programs, for Reverse Mortgages, consumers considering them should always start directly at the source: www.HUD.gov and search ‘reverse mortgage’.
While mortgage interest rates have been rising slightly over the past year, today’s rates are still hovering at historic lows. In addition, although several cities in the Inland Empire have crept past their 2007 values, most areas within the region are still appreciating in value towards the prior peak.
Over the past decade, the 30-year mortgage interest rate has hit and hovered at the lowest rates in history, with the lowest monthly average posting at only 3.31 percent. The days of three percent mortgages have probably gone forever but while current rates hover in the mid-four percent range, and even as they climb in the coming years up to six percent, savvy investors will be buying homes.
While much of the nation braces for a major change in the weather as we move from the warmer months to the colder ones, homeowners here in the Baldy View Region (which encompasses the eastern portion of Los Angeles and all of San Bernardino counties) enjoy the luxury of a few extra months in which to landscape and make home improvements.
Californians choose their home based on location, floor plan, price and size. All of these items, regardless of which is the top of the list and which is at the bottom, can boil down to comfort. We need the right neighborhood, layout, payment, and space in order to be comfortable in our home. Please notice that a major component of the comfort equation was left completely off the list above, which is the environmental comfort of our home.
As Americans, we should all be thankful for those that serve in our armed forces and we should take great pride in the work they do, supporting them however we can. In the Baldy View region, we have paid tribute to and laid to rest many fallen heroes, including the first California soldier to die fighting in World War One – Ralph T. Kingery, who lived in Ontario when he was entered the service in 1917. When his body returned home, Ontario honored him with a full military funeral and a shutdown of the entire city on the day of his services.
Designed to make it easy for builders, generous rebates are now available to builders on single-family and multi-family new homes who equip their projects with qualifying natural gas appliances and controller device.
Even though Southern California weather offers one of the biggest attractions for new residents and businesses, our weather in late summer and autumn can pose great risks for homes. Tumultuous environmental events such as wildfires, major wind events or thunderstorms can damage your home, especially if the home is not properly prepared for the change in seasons.
The decision has been made and the preliminary steps have been taken; this is the year you have decided to buy your first home. You have worked diligently over the past six to twelve months to get your credit score in order and it’s now time to start saving for the down payment.