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December 4, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions
Reported by Bonnie Adamson


Menifee, California
as of 11/17/2008:
Menifee has some of the best prices in the valley. Inventory is generous and there are some great bargains. Unique for all the lake front properties you can find a home with a view and an affordable mortagage too. Menifee is showing strong sales... MORE->

Murrieta, California
as of 11/17/2008:
Murrieta is known for its great schools and now for great homeownership opportunities and Murrieta home sales are popping! The number of new homes on the market has declined and the number of pending contacts is up. Pricing is more level and... MORE->

Sun City, California
as of 11/17/2008:
Prices are still soft but a well priced house attracts multiple offers quickly. The inventory is getting smaller and a check on the MLS will find that out of 100 homes over 1/3 will have been sold in the last 60 days 1/3 will pending close and 1/3... MORE->

Temecula, California
as of 11/17/2008:
It's a great time to buy in Southern California. Temecula has about a 6 month supply of homes and sales times average about 60 days. Bank owned properties are selling very well. If you find a home at $120 SF or less it is a bargain. Median prices in... MORE->

Wildomar, California
as of 11/17/2008:
Still a little bit country with great access to the I15. Growth of new homes along the edges and new shopping centers are changing the demographic of Wildomar. Views are everywhere and some very nice homes are available. Going into Fall Wildomar has... MORE->

Winchester, California
as of 11/17/2008:
Temecula schools and great prices make this community a good one to look at. They still have new homes but the best values are in Short Sales and REO. The homes sell in less than 60 days and the pricing has been very favorable for buyers. Good... MORE->


For More Information:

Navigate: Top > California > Menifee


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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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