Logan gets a stitch(es) in time

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My youngest son Logan showing-off his battle scar.

Have you noticed how toys are packaged these days?! It's funny because I have been saying for years how toy companies are really creating a legal liability issue for themselves by their method of packaging toys.

Well, finally it happened. My youngest son, Logan, was using a swiss knife to open one of these 'bank-vault' toy packages and he cut his index finger. Needed three stitches at Urgent Care.

No, I'm not going to sue but I can't help but think this happens more often that people realize.

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The Real Estate Market is Heating Up

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It's starting to look like the national media might have finally gotten it right!

CNBC reported that in January clicks to the major real estate websites (Zillow, Trulia, Realtor.com) were up 13% over last year (without a tax credit) and that would be an indicator of a strong buying season.

But did that translate locally? Apparently so!

The numbers are in for March and closed sales in our "golden triangle" are up 36% (862 to 1175). Interestingly enough that is only 6% lower than March of 2010 when the first time home buyer tax credit was in full swing. Very impressive.

Every city in our area experienced an increase in closed sales (except Winchester which was down from 39 to 38).

Some of the big winners:
Temecula - +51% (124 to 187)
Murrieta - +61% (137 to 221)
Lake Elsinore - +56% (86 to 134)
Hemet - +33% (117 to 156)

The average home price only decreased $180 (triangle wide) and Hemet actually increased 9% ($106,410 to $116,064).

So what does it all mean?

The market is performing as it always has. Sales are down in January and February and then things start to heat up along with the weather.

Hope you have a great weekend. Call me if I can help you with anything at all.

Ken
951-760-3833

P.S. I’ll be hosting an open house again this Saturday and Sunday from 1 pm – 6 pm at 33052 Tulley Ranch Rd, Temecula (Vail Ranch).

The deadline for offers is Friday, April 22nd. Let me know if you know anyone who may be interested in this property. We just got the price from the bank: $199,000! That’s an awesome price for a fully remodeled home in the city of Temecula.

Ken Hall Properties

KEN'S BLOG

Ken's Credit Repair Testimonials

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Austin gets his first stripe

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My middle son, Austin, getting his first stripe in Gracie Jiu-Jitsu. Pictured with his instructor, Black Belt and Pan-American champion Ricardo Guimaraes.

GRACIE TEMECULA

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It’s Official: Buying is now cheaper than renting throughout the entire Temecula Valley

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This is amazing.

I’ve put together a spreadsheet that shows the rent – vs – buy comparisons for the cities that make up the Temecula Valley area.

The monthly mortgage payment is based on the state down-payment assistance program (Cal/HFA) which has a below market interest rate of 4.25% and requires a down payment of only 1% (and some closing costs).

The down payment and closing costs may also be ‘gifted’ to the homebuyer by parents, relatives or anyone else for that matter but it has to be in the form of a ‘gift’ not a ‘loan.’

To check it out, click on:

Click on RENT -VS- BUY


Hope you have a great weekend. Call me if I can help you with anything at all.

Ken

951-760-3833

Click on: KEN'S CREDIT REPAIR TESTIMONIALS

Click on: KEN'S PROPERTIES


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