Temecula Real Estate
Searching For The Best Temecula Real Estate?
Strategically located, Temecula has some of the best property in all of Southern California.
Perhaps, this is the reason it is a popular destination when it comes to investment property, or wine tours.
A number of families look towards Temecula because it is within an hour’s drive from Orange County, San Diego and Los Angeles Counties.
This means you have all the perks of the big city life close at hand as well as enjoy the open spaces of the countryside. Families looking to move here, look for 3 and 4 bedrooms homes with some variations to suit the family life style. Temecula was of course hit by the real estate slump, but prices now have stabilized and are more reasonable now.
Apartments vs. Homes in Temecula
There is a small difference between the basic prices of apartments and rental home. Some homes in the 1200 to 1500 square foot range can rent for $1500 to $1700 per month.
When you compare an apartment to a house, you can also get a swimming pool, fitness center and the added advantage of a gated community all for around $1200 per month.
In the near by community of Murrieta, projects like the “Murrieta cul-de-sac”, you can find a pretty good price ranges between $900 and $1500 a month.
Condominiums in Temecula
When looking at condos, Temecula has a wide range to offer.
Prices for a one bedroom-one bath would probably rent for around $850 to $1,000 per month.
A priced to buy this type of condo can range from around $85,000 to $135,000 plus.
Now, this can vary depending on the area you choose from, view and prime locations.
Two bedroom condos can range from $1200 and up to rent, and about $135,000 and up to purchase, again depending on location.
Help From Temecula Realtor's
Get help from a local Temecula realtor. They know the area and the market conditions. If you are from out of town and are interested in purchasing a home in Temecula, then get the services of a real estate agent. Ensure that your agent is a local and reputable.
Real estate agents, (and more specifically Realtors), will be able to point out the real deals to you. They work the area every day and they know what is fresh on the market and what has been sitting idle for moths.
When it comes to new homes, Temecula has had quite a few that have been built out. Wolf Creek is an example of new homes in a very desirable area. Home prices here have been reduced to sell significantly.
A Realtor is absolutely necessary if you are planning buying a foreclosed home. The agent will be able to interpret the legalities of the property and will negotiate a fantastic price for you.
He will also be able to inform you on the appreciation of the property and whether it would be worth investing in for you. Such advice is absolutely essential when dealing with real estate.
Temecula real estate is hotter than ever. Statistically, we have seen a rise in prices of homes in the past few months. I have seen people wait for the perfect time to purchase a home. With all of the government stimulus, I think 2009 and 2010 are going to be great for the Temecula real estate market.
Related Topic Links:
Looking back on the foreclosures market in Temecula, California
Steps on how to buy a foreclosures
The Facts on Foreclosures
Understanding the foreclosure market
Information on Buying
7 steps in buying a home - A Buyers Guide
Buy a home or building a home?
Learn about rural and urban fusion
Read about the diversity of the Temecula Valley housing market
Is Temecula, California a good place to raise a family?
The unique mixture of country and city lifestyles
The benefits of building
Looking at suburban and country living costs
Temecula and Murrieta real estate statistics
Information on Apartments
Learn More About Temecula Rentals – homes versus Apartments
Renting: A How-To Guide
Information on the influx of Temecula real estate agents
Trailer rentals in Temecula, California – a what to look for guide
Getting acquainted with Temecula, California zip codes and their areas
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