Southern California Home Sales Rise in 2008

Price decreases and mounting foreclosures lure buyers back

The real estate market was almost booming in Southern California at the end of 2008, but with a difference. Sales were almost at a 2004 pace — prices, however, were at 2002 levels, as mounting foreclosures began to energize buyers.
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America's post-subprime boomtowns

Home sales are making a strong comeback in these towns, as buyers search for deals in areas with good long-term prospects.

America's top 5 subprime boomtowns
1. Murrieta, Calif.
2. Woodbridge, Va.
3. Temecula, Calif.
4. Brentwood, Calif.
5. Perris, Calif.

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Did you Know?

HOUSING MARKET FACT #2
Homeowners may deduct mortgage
interest and property taxes as an
expense against income.

*Housing and Economic Recovery Act, H.R. 3221

Did you Know?

HOUSING MARKET FACT #1
A temporary $7500 tax credit is now
available for any qualified purchase
before July 1, 2009

*Housing and Economic Recovery Act, H.R. 3221

AVP Star Looking to Defend Title

Hyden defends individual title
Picks Dalhausser in final to knock off Gibb, Metzger
By Paul Coro / Special to avp.com
GLENDALE, Ariz. -- John Hyden proved himself wrong. A day after saying it would be too hard to repeat as an individual champion, Hyden became the first individual-format repeat winner since Karch Kiraly three-peated from 1991 to 1993. Hyden went unbeaten to reach the AVP Best of the Beach final Saturday night and then picked Phil Dalhuasser to be his championship partner.
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Homebuilders push housing aid plan

By ALAN ZIBELAP REAL ESTATE WRITER

WASHINGTON -- With lawmakers angling to pass an economic recovery package by the middle of next month, desperate homebuilders from around the country flew to Washington to spend Wednesday pushing a $150 billion plan to revive the housing market.
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There are several reasons to be hopeful about buying real estate in 2009.

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Ryland Homes

Why Ryland Homes®
One of the most important decisions you’ll make in searching for a new home has nothing to do with bedrooms, bathrooms or location – it's choosing the right homebuilder.

D.R. Horton

Let D·R·Horton help fulfill your New Year'sResolution of Buying a New Home in 2009

Pacific Communities

Refer a Friend and receive up to $10,000!
Anyone can refer a friend to purchase a new home at Pacific Communities and receive $5,000 at the close of escrow. The referral reward increases to $10,000 for Pacific Communities’ homeowners. Refer a friend now to qualify!

Pacific Communites

The new information center at Pacific Rose in the Menifee Valley is now previewing six versatile floor plan designs along with an excellent list of price-included, premium builder bonuses.Each inviting new floor plans at Pacific Rose showcases distinctive, two-story design elements to meet the requirements of today’s diverse family lifestyles. Exteriors highlight the visual appeal of Early California architectural styling in several elevations per plan. For excellent curb appeal and a welcoming neighborhood atmosphere, all properties will be finished with front yard landscaping and automatic sprinklers, as well as rear and side yard vinyl or block wall privacy fencing.