August 17, 1008: Rancho Cucamonga Home Market Activity
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
It's still a Buyer's Market for Inland Empire home sales. The Housing and Economic Recovery Act of 2008 signed by President Bush in late July offers encouragement to home buyers to jump into the market now, before rising interest rates rise and seller-financed down payment assistance programs end October 1, 2008. July home sales statistics are due to be released this week and will be reported on my website; you can click on http://marketreport.ilajosephs.com for a direct link. I'm also adding a new section to my weekly report this week. Look below for a comparison to home sales data for February 17, 2008, and see the changes that have taken place in the past six months. The following information was compiled from information reported in the Inland Multi-Regional Multiple Listing Service...
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