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Over 8700 Sq Ft Corner Cul-de-Sac Lot -
For More Information, Please Visit My Primary Real Estate Blog • 1,268 sq. ft., 2 bath, 3 bdrm single story "Mediteranian" -  MLS® #H733760 $289,900 - Priced Below Market Value Durango, San Jacinto - This is a gorgeous home perfect for any first-time buyer. It is situated on an over-sized corner lot on a small cul-de-sac, offering the perfect location for children to play.
The 3 Bedroom 2 bath palace is in the family oriented development of Durango, built by Osborne - the local builder with the reputation for craftsmanship and quality.
The development offers convenient access to the Ramona Expressway as well as downtown San Jacinto and the new Super-WalMart with all of the great retail and restaurants coming to that area. In addition the community has its own play park as well as being walking distance to the local schools.
The home is well laid out with the kitchen in the front of the home with windows looking both to the north and the west. There is plenty of cabinet and counter space, plus room for a table to make it a family eat-in kitchen.
The living room/dining room space is accented by a beautiful white fireplace surrounded on each side by a media niche. There is a sliding glass door that opens to a huge backyard – ready for your designer talents to kick in and go wild with all that room.
(I see plenty of room for a pool as well as a nice backyard with the perfect place for a family BBQ)
The side yard, net to the garage is definitely oversized and ready for your RV, boat or any of the other toys you either have or want to get.
This home is priced to sell, so forget about the hassle of negotiating, just write your offer and start packing before someone else calls this dream come true their home.
ATTENTION BUYERS AGENTS: Please make sure you read the AGENT COMMENTS on the MLS
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Durango, San Jacinto - Announcing a price reduction on 1236 Faithful Way, a 1,268 sq. ft., 2 bath, 3 bdrm single story "Mediteranian". Now MLS® #H733760 $289,900 - Priced Below Market Value. For More Information, please view my primary real estate blog. Property information
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Sierra Dawn North, Hemet - We invite everyone to visit our open house at CA-675 De Soto Dr on May 19 from 12:00 PM to 4:00 PM. Property information
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Park Hill, Hemet - We invite everyone to visit our open house at CA-586 Bolt Lane on March 24 from 12:00 PM to 4:00 PM. Property information
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 I recently did extensive research on a particular neighborhood in West Hemet, California. I'm sure the local residents have a name for their corner of Hemet Real Estate, but I am sorry to report I do not know it.
It is a unique area, surrounded on two sides by senior mobile home communities - ‘Panorama Village' to the east (east of Lyon) and 7 Hills to the south (south of Stetson). The north is separated from adjoining lands by railroad tracks. The community runs west to Kirby, although some could argue that it actually extends all the way to Sanderson. However, the homes on the west of Kirby are typically newer and larger, even if only by a few years. I was trying to find comps on a 2 story home of approximately 1550 square feet in the area, and amazingly, I could only find one. Because the information I was tasked with uncovering had to be precise and within a 25% range, I was limited to search for properties between 1164 sq ft and 1938 sq ft. I extended my search several times in several directions - ultimately I opened it up to the entire 92545 zip code and believe it or not I only found 3 additional active listings in this range. I had to exclude one of them because the home was built in 2003; where my subject was built in 1987 and the 2 other comps I found were built in 1991 - much closer to the same style home as my subject. Once I had my active comps, I had to find 3 sold properties that were similar. For this research, I included the neighborhood west of Kirby to Sanderson, north of Stetson and east to Lyon with the railroad tracks dividing the northern boundary of the area. I searched back 6 months, from late May through late December, 2006. There were 15 SOLD homes during the 6 month period, with the average Sq Ft at 1729 and the average days on market (DOM) was only 80.46 days. The average SALE PRICE was $330,313 and the average age year built of these homes was 1990. The market has been rather stable, although it is seasonally slow right now. In May & June there were 2 closed sales; July had 1 and August reported 3; September was quite with nothing closing and then October was busy with 4; November reported 2 and one so far in December. In analyzing the same data for the same period last year, we actually have more sales this year. Last year, there were only 10 sales of 2 story homes in this area, during this time period. Last year the average DOM was only 30. Last year, June, August, & September each had 2 closed sales, July was blank and November & December both had 1. Because my curiosity had the best of me, I went back and examined all of the 2 story homes actively listed in the MLS in the area and found 7. The average DOM is currently 110. The Average Yr Built is 1996; however only 2 homes were built before this (1987 & 1989); 4 were built in 2000 and one in 2001. The average Price for these homes is $372,186 with a low price of $299,500 to a high of $424,000. The average Sq Ft of the Active Listings is 2027, with the smallest home at 1551 sq ft (same as my subject). I hope you have enjoyed this snapshot of a Hemet community and how it is currently being affected by the trends of the real estate market. If you would like information about your Hemet neighborhood, please drop me an email or call and let me know what you would like to know about. Until next time,
Now Have a Blessed Day,
JOHN OCCHI, HEMET REALTOR
Bringing You Excellence in
Your Hemet CA Real Estate Needs
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I recently received an email with a question which every potential buyer must be asking themselves right now..."Is this a Good Time to BUY?"
Well, here is the actual email I received and the return answer I provided...
I'm moving into the Hemet CA area and am indecisive whether to buy real estate and jump into a full fledged mortgage. Can you tell me whether it's a good time to buy? thanks, Aaron
 My Answer:
Aaron,
You sure have asked a loaded question...one that has so many variables...most of which depend on you and your own personal situation and goals.
Over time, I can say, you will always be better off building your own equity in your own home as opposed to helping a landlord feed his investments.
There is speculation that interest rates are back on their way up - no one can say for certain, but it is my gut feeling supported by many so called 'experts'.
Hemet CA is certainly in a current 'buyers market' which translates into a lot of inventory to choose from and the ability to control the transaction better than in the past.
The question that looms is the price of homes going to go down. If I only had a crystal ball...
My thought is that it will not go down as bad as it did in the early 90's. 2 Important economic indicators will prevent that. 1) we still have historically low interest rates; as in the 90's they were close to historically high; and 2) today, we have very low unemployment. So I cannot see a class of homeowners being wiped out.
Real Estate is like any other commodity, governed by the principle of 'Supply & Demand'. In California, we will always have people moving here - both from outside our borders as well as across the nation.
I personally believe that now is a good time to buy in Hemet California. Real Estate may take a 3-6% hit in value over the next year, (if you buy high) maybe 2 before we see a rebound, which has to be the worse case scenario, for the reasons stated. I also know there are many distressed properties that must be sold quickly - offering excellent opportunity for a savvy buyer. When you consider the tax advantages and other benefits you receive by being a home owner the reward far outweighs the risk.
I hope you can accept this as an unbiased opinion. Yes, I have a vested interest in the industry, but this does not change my opinion.
If you would like to discuss over the phone, please send me your number and the best time to contact you. Of course, if I can assist you in any way, I am at your service.
Now Have a Blessed Day,
JOHN OCCHI, HEMET REALTOR
Bringing You Excellence in
Your Hemet CA Real Estate Needs
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Previous Agent Listed for $325K
• 1,238 sq. ft., 2 bath, 2 bdrm ranch "Country Living"
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MLS®
#H732155
$294,900
- 1St TimeBuyer Opportunity
North Central Hemet, Hemet
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This is a great home for either the First Time Buyer who is looking for lots of land and privacy or perhaps an investor looking for a turn-key home fairly priced at the low end of the market for this property.
In addition to the 1238 square feet built in 1945 this home has a well built patio enclosure - so well built you may not even be able to detect that it is an addition. This will make a great family room, game room, office or perhaps even a 3rd bedroom.
Then there is the 2 car garage that has been professionally converted. The previous owner bought the property like this. they used the space as a music room, separate from the house. The laundry is right behind and there is plenty of room to add a full bathroom out here if you wanted to, making this an ideal granny flat or even a second unit that could be rented to help with the costs.
The lot is over-sized and 100% flat and usable. Lots of concrete - the driveway is 3= cars wide and 3+ cars long - all secure behind a gated fence.
Come look at this home and you will not be disappointed. The only real decision is what will you do with all of the money you are saving?
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A Home you Absolutely Must Consider
• 1,369 sq. ft., 2 bath, 3 bdrm single story "Well Laid out Floor Plan" - $299,900 - Perfect Starter Home > > > SOLD IN 14 DAYS < < < East Hemet, Hemet - A charming 1987 East Hemet home that is close to the park, schools, shopping and the Ramona Expressway for easy commuting out of town. Heck, this home is close to everything important!
As a matter of fact, this great home is perfect for the first time home buyer looking to plant their roots in a wonderful neighborhood on a quite street, in the magnificent shadow of Mt. San Jacinto.
This 3 bedroom home of 1369 square is unique for several reasons. First, the reported square footage is shy by about 200. You see, the builder finished off the 3rd car garage as a bonus room, which was never picked-up by the county in their assessment. The builder went ahead and added the inside laundry in the hall leading into the room, which is very convenient. What’s really nice about this room is it can be used for just about anything you desire – a fourth bedroom, a work-out room, art studio or even an office.
The master suite has it’s own full bath and a nice sized walk-in closet. In addition to the architecturally pleasing vaulted ceilings, the master suite has it’s own ledges and shelves up high to display your plants or favorite themed collectables. Another great feature of the suite is its private entrance to the pool sized back yard.
This home has so many unique features, let me tell you about one more. One of the bedrooms has 2 points of entry. In addition to the door in the hall near the other bedrooms, there is a double door entry from the front room of the home, reminiscent of much larger and more formal residences. This would be the perfect home office or library.
Another nice feature of this property, is the lot itself. This was the last home built in the phase, so when they built it, there was a little bit of extra land that had to go somewhere and this is the lucky house that picked up close to an extra 1000 square feet of grounds. This 8276 square feet truly is a pool sized lot.
Arrange for your private showing Property information
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