Market Conditions in 92354>Question Details

Eric Montana, Both Buyer and Seller in Loma Linda, CA

how is the real estate market in loma linda california?

Asked by Eric Montana, Loma Linda, CA Tue Jan 22, 2008

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2014 is Win.Win. Year for Buyers and Sellers in Loma Linda, California.

The Market is HOT! Homes prices are in the 2005 range. New Listings are HIGHER.

With todays Low Interest Rates, purchasing a home, is more affordable than ever!

Sellers can now afford to sell their home and purchase another home.

Buyers can get more home for their money.

Currently, Loma Linda has a shortage of homes for sale.
0 votes Thank Flag Link Sun Feb 9, 2014
Loma Linda, like most cites, has suffred during these down times. That said, it does have some wonderful deals there, and this area is such a desirable area (bedroom community) I can't imagine it not being a pefect time to buy.
0 votes Thank Flag Link Sat Aug 1, 2009
Eric, how would you answer the same question today?
0 votes Thank Flag Link Wed Apr 29, 2009
Eric, our prices are down 28% from Sept 07 to Sept 08. Now homes are affordable again! There are a lot of foreclosure and pre-foreclosure (short sale) properties on the market, but I expect that they will all sell by June 09. Lots of houses in the $200K range just west of Loma Linda in 'Cooley Ranch'. South of Barton there is a shortage of well-priced homes. I expect 2009 to be a very good year for buyers and Realtors - but just another frustrating year for sellers.
0 votes Thank Flag Link Mon Nov 24, 2008
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