Welcome future homeowners of Temecula California. This blog posting is designed to come to you on a weekly basis and let you know what has happened in the bank owned (REO) market within Temecula.

Here you will see what has happened in the real estate market over the past 7 days. This particular one will focus on Single Family Detached homes. Tim Taggett will explain to you how many have come on the market over the past week, how many have actually already accepted an offer and even pick one that has not yet accepted an offer as the BEST Temecula Home For Sale and explain why.

These include all of Temecula and all price ranges however if there is a specific area you are looking for, feel free to contact me.

This week in the Temecula Bank Owned Housing Market 16 homes in all came on the market brand new while 10 of them still remain for sale 4 where snatched up within 3 days of being listed however on average it took about 4 days to get an accepted offer.

These bank owned homes range in price from $134,900 up to $775,000 for a 4 bedroom beauty with more than 2 acres of land in the Santiago Estates area of Southern Temecula.

Now that you know the basics of what has happened with the market before picking my favorite of them I would like to make 2 disclaimers, first my the featured property will NEVER be my own personal listing no matter how much I think it is a great deal (will post that in a separate posting) and secondly I will not use a pending property for the pick of the week either!

The pick of the week is 45000 Vine Cliff Street located in the Morgan Hill Community of Southern Temecula and listed for $329,000. It came on the market yesterday and has 4 bedrooms, 3 ½ baths with more than 4,000 square feet of living space.

Reason for this property being picked is the community it is one of the most prestigious, close to both an elementary and middle school also has community parks, club house and a community pool. Even though the neighborhood is very nice that is the not the only reason it has been picked for this week! The main reason is because the comparable sales are amazing with the median sales price of similar homes being $375,000!

For the full Comparative Market Analysis of this home or any others out the send me an email at RetireEarly@live.com or give me a call directly at 951-240-5645!

Look forward to bringing you more great homes and will bring another weekly update to you next Friday. You can also subscribe via email to get future blogs by simply putting your email address in the box in the left hand column, then it will send them to you directly. (Don’t worry we won’t spam you or give away your information to ANYONE!)

God Bless -

Tim Taggett

If you enjoyed this post, make sure you subscribe to my RSS feed!

Related posts:

1. Temecula Bank Owned Homes – Friday Finds – 5-8-2009 Temecula Bank Owned Homes Friday Finds for 5-8-2009, recap report...
2. Friday Finds Temecula Bank Owned Homes 6-5-2009 Temecula Bank Owned Homes Friday Finds Update for 6-5-2009, subscribe...
3. Temecula Bank Owned Homes for Sale Friday Finds 6-19-2009 Temecula Bank Owned Homes for Sale Friday Finds 6-19-2009, recap...
4. Temecula Bank Owned Homes for Sale Friday Finds 6-26-2009 Temecula Bank Owned Homes for Sale - Friday Finds 6-26-2009,...
5. Temecula Bank Owned Homes for Sale – Friday Finds 7-3-2009 The Temecula bank owned real estate market had another active...

Related posts brought to you by Yet Another Related Posts Plugin.