Real Estate in Ridgecrest and Surrounding Areas
Eloy Rodriguez
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Archive for the ‘General’ Category

Prognosis Ridgecrest Market

November 27th, 2016 by Eloy Rodriguez

Note, market has substantially slowed down during turkey week and in general for the holidays. Could just be the ‘seasonal effect’. To what extent the elections will have on the market is unknown given uncertainty and rising interest rates. Ridgecrest exist in the middle of ‘nowhere’ because of the China Lake Naval base. It is the largest naval base in the country; curious given there are no bodies of water. It is dedicated to high tech innovative design; basic how to protect assets and kill people at a distance. The reports coming from the base and released to the public suggest that there will be a major increase of monies given the expectation of a reduction within the ‘standing military’ in favor of high tech, smart weaponry.

August 11th, 2016 by Eloy Rodriguez

Corelogic Reports Foreclosure Rate is the Lowest Since August 2007
BY RE-INSIDERON AUGUST 11, 2016

UN-US-Economy
The good news coming out of CoreLogic and RealtyTrac shows that foreclosure rates are back to housing-boom levels. Additionally, RealtyTrac also shows that more homeowners are keeping their homes out of foreclosure than ever before, down 17% from one year ago and the lowest level for any half-year period since RealtyTrac began tracking foreclosure starts in 2006. According to CoreLogic, these lower rates are being fueled by housing appreciation and rising employment levels.
Foreclosure inventory declined yet again in June, but completed foreclosures, while down from last year, increased from last month, according to CoreLogic, property information, analytics and data-enabled solutions provider.
CoreLogic’s June 2016 National Foreclosure Report showed the inventory declined 25.9% from last year, and completed foreclosures declined 4.9%. On the other hand, completed foreclosures increased 5.1% to 38,000 from last month.
For comparison, during the housing boom, completed foreclosures averaged 21,000 per month from 2000 to 2006.
Even though completed foreclosures increased from last month, foreclosure inventory still saw a monthly decline of 3.6%.
According CoreLogic’s report last month, May’s foreclosure inventory hit the lowest level in nearly nine years.
The foreclosure inventory is the number of homes at some stage of the foreclosure process while completed foreclosures show the total number of homes lost to foreclosure.
In June, the national foreclosure inventory included about 375,000, or 1%, of homes with a mortgage. This is down from last year when foreclosure inventory consisted of 507,000 homes, or 1.3%.
In fact, the foreclosure inventory rate is the lowest for any month since August 2007.
The number of mortgages in serious delinquency, those 90 days or more past due, in foreclosure or real estate owned, hit the lowest rate since September 2007. The serious delinquency rate decreased 21.3% annually. Now, 2.8% of homes are considered seriously delinquent.
The state with the highest number of completed foreclosures in the 12 months ending in June 2016 was Florida at 60,000, followed by Michigan at 47,000, Texas at 27,000, Ohio at 23,000 and California at 22,000. These states account for nearly 40% of all completed foreclosures nationally.
Are you seeing fewer foreclosure rates in your area? We’d love to hear from you.
Read the full article here:

Ridgecrest Real Estate Market Prediction

January 9th, 2016 by Eloy Rodriguez

Zillow predicts 93555 home values will rise 6.3% next year, compared to a 5.3% rise for Ridgecrest as a whole. Among 93555 homes, this home is 1.2% more expensive than the midpoint (median) home, and is priced 1.9% more per square foot.

Summary for Ridgecrest, 93555

January 8th, 2016 by Eloy Rodriguez

The median sales price for homes in ZIP code 93555 in Ridgecrest from Oct 15 to Dec 15 was $160,000 based on 99 sales. Compared to the same period one year ago, the median sales price increased 18.5%, or $25,000, and the number of sales decreased 9.2%. Average price per square foot for homes in 93555 was $105, an increase of 14.1% compared to the same period last year. There are currently 203 resale and new homes in ZIP code 93555 on Trulia, including 53 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 93555 was $154,993 for the week ending Dec 30, which represents an increase of 5.8%, or $8,512, compared to the prior week.

 

Update

 

Hello world!

March 9th, 2013 by Eloy Rodriguez

 

  1. 3 beds, 2 full baths
    Home size: 1,349 sq ft
    Lot size: 6,098 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 1
  2. 3 beds, 3 full baths
    Home size: 1,944 sq ft
    Lot size: 3,484 sqft
    Year built: 1983
    Parking spots: 2
    Days on market: 4
  3. 2 beds, 0 baths
    Home size: 950 sq ft
    Lot size: 6,098 sqft
    Year built: 1985
    Days on market: 4
  4. 2 beds, 0 baths
    Home size: 720 sq ft
    Lot size: 23,958 sqft
    Year built: 1959
    Days on market: 4
  5. 2 beds, 0 baths
    Home size: 720 sq ft
    Lot size: 23,958 sqft
    Year built: 1959
    Days on market: 4
  6. 0 beds, 0 baths
    Lot size: 2.53 ac
    Days on market: 4
  7. 4 beds, 2 full baths
    Home size: 2,340 sq ft
    Lot size: 11,325 sqft
    Year built: 1961
    Parking spots: 1
    Days on market: 4
  8. 3 beds, 2 full baths
    Home size: 1,272 sq ft
    Lot size: 10,018 sqft
    Year built: 1965
    Parking spots: 2
    Days on market: 4
  9. 4 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 6,534 sqft
    Year built: 1951
    Days on market: 4
  10. 4 beds, 2 full baths
    Home size: 1,602 sq ft
    Lot size: 10,018 sqft
    Year built: 1964
    Days on market: 4
  11. 4 beds, 2 full baths
    Home size: 2,184 sq ft
    Lot size: 12,632 sqft
    Year built: 1989
    Parking spots: 3
    Days on market: 4
  12. 2 beds, 1 full bath
    Home size: 927 sq ft
    Lot size: 43,560 sqft
    Year built: 1948
    Days on market: 5
  13. 0 beds, 0 baths
    Lot size: 6,098 sqft
    Days on market: 5
  14. 4 beds, 2 full, 1 half baths
    Home size: 2,542 sq ft
    Lot size: 7,405 sqft
    Year built: 1969
    Parking spots: 2
    Days on market: 5
  15. 2 beds, 0 baths
    Home size: 1,000 sq ft
    Lot size: 1.20 ac
    Year built: 1978
    Days on market: 5
  16. 3 beds, 1 full, 1 half baths
    Home size: 1,300 sq ft
    Lot size: 10,890 sqft
    Year built: 1956
    Days on market: 6
  17. 3 beds, 2 full baths
    Home size: 1,324 sq ft
    Lot size: 8,276 sqft
    Year built: 1952
    Parking spots: 1
    Days on market: 6
  18. 3 beds, 2 full baths
    Home size: 1,429 sq ft
    Lot size: 5,662 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 6
  19. 4 beds, 1 full, 1 half baths
    Home size: 1,550 sq ft
    Lot size: 8,276 sqft
    Year built: 1962
    Parking spots: 2
    Days on market: 7
  20. 1 bed, 0 baths
    Home size: 800 sq ft
    Lot size: 1.20 ac
    Year built: 1978
    Days on market: 7
  21. 0 beds, 0 baths
    Lot size: 10,454 sqft
    Days on market: 7
  22. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 11,325 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 7
  23. 3 beds, 2 full baths
    Home size: 1,904 sq ft
    Lot size: 8,712 sqft
    Year built: 1983
    Days on market: 8
  24. 4 beds, 2 full baths
    Home size: 1,560 sq ft
    Lot size: 9,147 sqft
    Year built: 1966
    Days on market: 11
  25. 0 beds, 1 full bath
    Home size: 1,872 sq ft
    Lot size: 6,969 sqft
    Year built: 2003
    Days on market: 11
  26. 3 beds, 2 full baths
    Home size: 1,258 sq ft
    Lot size: 6,098 sqft
    Year built: 2004
    Parking spots: 1
    Days on market: 11
  27. 2 beds, 1 full bath
    Home size: 672 sq ft
    Lot size: 6,969 sqft
    Year built: 1972
    Days on market: 11
  28. 2 beds, 0 baths
    Home size: 1,000 sq ft
    Lot size: 1.20 ac
    Year built: 1978
    Days on market: 12
  29. 1 bed, 0 baths
    Home size: 600 sq ft
    Lot size: 36,154 sqft
    Year built: 1973
    Days on market: 12
  30. 3 beds, 2 full, 1 half baths
    Home size: 1,926 sq ft
    Lot size: 6,534 sqft
    Year built: 1973
    Parking spots: 1
    Days on market: 13
  31. 5 beds, 3 full baths
    Home size: 2,471 sq ft
    Lot size: 8,712 sqft
    Year built: 1968
    Parking spots: 2
    Days on market: 13
  32. 4 beds, 3 full baths
    Home size: 2,331 sq ft
    Lot size: 9,147 sqft
    Year built: 1981
    Parking spots: 2
    Days on market: 14
  33. 4 beds, 2 full, 1 half baths
    Home size: 1,785 sq ft
    Lot size: 4,356 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 14
  34. 3 beds, 2 full baths
    Home size: 1,135 sq ft
    Lot size: 6,098 sqft
    Year built: 1993
    Parking spots: 2
    Days on market: 15
  35. 2 beds, 0 baths
    Home size: 970 sq ft
    Lot size: 6,098 sqft
    Year built: 1984
    Days on market: 15
  36. 1 bed, 0 baths
    Home size: 600 sq ft
    Lot size: 36,154 sqft
    Year built: 1973
    Days on market: 15
  37. 3 beds, 2 full baths
    Home size: 2,148 sq ft
    Lot size: 11,325 sqft
    Year built: 1992
    Parking spots: 3
    Days on market: 17
  38. 2 beds, 2 full baths
    Home size: 2,820 sq ft
    Lot size: 2.30 ac
    Year built: 1985
    Parking spots: 7
    Days on market: 18
  39. 3 beds, 2 full baths
    Home size: 1,910 sq ft
    Lot size: 8,712 sqft
    Year built: 1973
    Days on market: 19
  40. 3 beds, 0 baths
    Home size: 950 sq ft
    Lot size: 9,147 sqft
    Year built: 1984
    Days on market: 19
  41. 6 beds, 0 baths
    Home size: 2,106 sq ft
    Lot size: 6,969 sqft
    Year built: 1968
    Days on market: 19
  42. 4 beds, 0 baths
    Home size: 1,540 sq ft
    Lot size: 6,534 sqft
    Year built: 1979
    Days on market: 20
  43. 0 beds, 0 baths
    Home size: 10,000 sq ft
    Year built: 1979
    Days on market: 20
  44. 0 beds, 0 baths
    Home size: 3,500 sq ft
    Year built: 1979
    Days on market: 20
  45. 3 beds, 1 full bath
    Home size: 960 sq ft
    Lot size: 7,840 sqft
    Year built: 1952
    Parking spots: 1
    Days on market: 20
  46. 0 beds, 0 baths
    Home size: 700 sq ft
    Lot size: 1.20 ac
    Year built: 1978
    Days on market: 20
  47. 4 beds, 2 full baths
    Home size: 1,712 sq ft
    Lot size: 6,534 sqft
    Year built: 1992
    Parking spots: 2
    Days on market: 20
  48. 3 beds, 2 full, 1 half baths
    Home size: 2,042 sq ft
    Lot size: 7,840 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 20
  49. 4 beds, 2 full baths
    Home size: 1,565 sq ft
    Lot size: 6,534 sqft
    Year built: 1994
    Days on market: 21
  50. 3 beds, 2 full baths
    Home size: 1,839 sq ft
    Lot size: 8,712 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 21

See all Real estate in the 93555 zip code.
(all data current as of 6/19/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.