Use this site for Housing trends, crimes statistics, schools and more, all info from county records. Can break it down to nrighborhoods....http://www.bhgrealestate.com/Views/Look/Default.aspx
Trulias price map...http://www.trulia.com/home_prices/California/Corona-heat_map/
http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp ....This site will give you links to the Bank and Gov. Property for sale sites. ......http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp
Examples of Property for sale sites from the above link..
Research and do more research if you plan to invest money.
Good luck, Dunes
I applaud you for recognizing real estate as one of the vehicles that creates long-term sustainable wealth. There are many golden opportunities in this market.
Feel free to contact me if you have any specific questions. There is a lot of knowledge available to assist you toward a successful real estate investing career.
By the way, if you'd like to see a list of the hottest new listings or access free reports on the most relevant real estate information in Southern California, such as what you should know before you buy a home, I strongly suggest you check out http://SoCalHomesNow.com
Corona is a great place to buy investment property. There are 1391 properties for sale in Corona so there is a lot to choose from. You want to pick a Realtor who can help you with what area's rent for what and you want to look at what the homes were being sold for at the top of their market to get an idea of what you might want to expect in appreciation. As state by Laura a lot depends on the money that you have to put down and the length of time that you are planning to keep them. Make sure that you don't over extend your self and that you have reserves to fix up some properties and to cover the rent if vacant. It usually isn't very hard to rent out most properties. Give me a call and we can discuss what your goals are and how I can help you achieve them.
Laura Marshall - Realtor
Park Place GMAC
Cameron Novak, Broker
The Homefinding Center
Corona has and will be a very popular high demand area to buy because it is neighboring to OC and it is a great value compared to OC home prices. As for rentals there will always be a demand for rentals since the wave of short sales and foreclosures continues.
Did you ever end up buying a rental property in Corona?
Having lived in Corona Norco for the past 30 years, I can tell you that there has never been a better time to purchase then today. Most investors will tell you that the best time to purchase is just before the absolute bottom of the market (we are there) and the best time to sell is just before the peak. These are the times when we have the least competition and the greatest opportunity to maximize our investment dollars. And, you should consider that even if the market does drop a little more if interest rates go up even marginally you will lose any benefit that you might have gained by waiting.
Happy Home Hunting