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Archive for May, 2008

Rancho Cucamonga Home Prices from The Zillow Buzz

Home Value Trends in Rancho Cucamonga According to Zillow’s latest Home Value Report, home values in Rancho Cucamonga decreased 25.1% in the first quarter of 2008, compared to the first quarter of 2007. Nationally, single-family home values decreased 7.5% while condo values declined 9.0% during this same period.

The Initiative Process in California will only Limit Taxation and Never Spending, But How Would We Know?

The initiative process in California is loaded with all the political tricks you can stuff in a full-bloused sleeve.  The two initiatives on the June 3 ballot are prime examples.  The title of Proposition 98 “EMINENT DOMAIN. LIMITS ON GOVERNMENT AUTHORITY” does not mention rent control, or the limitation it could place on many other [...]

Inventory of unsold homes in Rancho Cucamonga continues steady decline

Charting the inventory of unsold homes in Rancho Cucamonga is updated here from ILa’s new blog.  In case you bookmarked her blog, note the change here.  The latest listings from Rancho and the surrounding communities are posted here.  Maybe this is good news, where the inventory number will have to go to indicate a bottom in the market [...]

Fresh and Easy should have been a slam-dunk for the Thomas Winery center

The Ranch Cucamonga planning department has chocked long enough on the term “Specialty” store. Fresh and Easy was required to appeal to the city council, a denial by the planning commission for a new location in the Thomas Winery center.
I1. CONSIDERATION OF APPEAL OF A PLANNING COMMISSION DECISION TO DENY USE DETERMINATION DRC2008-00179 - LEGG [...]

How did we get into the subprime mess and what can we do about it? Is it any surprise we are at the epicenter?

Here is a 10 year chart of home prices in the 91737 zip code of Rancho Cucamonga:

91737 ——– Rancho Cucamonga ——– San Bernardino ——– CA ——– USA ——–
Compare the city, county, state and country rates of price appreciation. Is there any surprise that the epicenter of the mortgage defaults is here in San Bernardino County?
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