Oct. 4, 2017

October 2017 Client Letter

Fall is almost here.  Ah…my favorite part of the year.  While we still have some heat coming our way, I have thoroughly enjoyed the recent cool temperatures and incredible sunsets.  No making fun of me.  I like sunsets and sometimes girly cooking movies (umm No Reservations, Chef, 100 Foot Journey cough but NOT Eat Pray Love – Ugh, hated it…a lot!).  Also, just to give you the 411, there might be some goofy notes coming from me as I enjoy these last months of 2017 and indulge in my vast enjoyment of the season J.

This time of year is also when I start thinking about all the projects I want to accomplish before the New Year.  One big project involves all my past clients and their home valuations.  I recently invested in new, whiz-bang technology to provide specific home values to all clients, neighbors, family and friends.

Essentially, I will be creating new and individualized neighborhood and square footage specific searches for all my clients.  The new software integrated at the www.MrMurrieta.com website will send monthly reports showing recent home listings, price changes, pending sales, and homes sold.  Unlike generic searches, this will be VERY specific to your own home and just the streets around you.  It will also highlight sales in color codes of Green, if trending up in value, and Red if trending down.  

It will take a while to roll out as each search will be done one at a time, using mapping, neighborhood models, year built, tax info, etc.  Once done, it will faithfully report to you monthly.  This is the best way to stay on top of home values and days on market.  You will also be able to access pictures inside and out.  There is no work for you or wasted time jotting down an address, performing a web search, etc.  I had a few clients beta test this and they loved it.  I hope you will too.  This is to provide you the best information, not to replace service.  Should you ever need to sell or a professional valuation, just give me a call.

In closing, I want to wish BIG congratulations to Tracy & Jennifer, Maggie & Mario, Stevan & Catherine, Roz, Tyler & Samantha, and Monisha & Michael.  Thank you for your business, trust and referrals.  They are greatly appreciated!

Sincerely,

Stefan aka Mr. Murrieta

 

Posted in Client Letters
Oct. 4, 2017

Upcoming October 2017 Events

Fun Upcoming October 2017 Events in the Valley

Temecula 

Teenage Pumpkin Plunge-

Friday October 6th from 7pm-10pm, the Community Rec Center in Temecula will be hosting the Teen Pumpkin Plunge. Dive in to grab a pumpkin and then enjoy a movie from the pool under the stars. The featured movie will be Bettlejuice. This is the first time for the event and it is sure to fill up so make sure to pre-register. 

Greek Festival of Temecula Valley-

On October 14th – 15th, head down to Old Town Temecula for their annual Greek Festival. Enjoy live music, dancing, authentic Greek food, wine, beer, Mediterranean Market Place, and a children’s game area. This is a fun event for the whole family to enjoy!

Halloween Carnival- 

Friday October 27th from 5:30pm – 8:30pm, head over to the Ronald Regan Sports Park in Temecula for a fun night of Halloween activities. There will be wristband available for $5 and that includes unlimited games & prizes. Food is an extra cost. Be sure to dress in your best Halloween costume and enjoy the night with your little ones!

Murrieta

Murrieta Rod Run-

On October 13th and 14th the city of Murrieta will be hosting its annual rod run. There will be over 400 classic cars to see, local vendors, food, and of course tons of fun for the family. This event is free and open to the public so don’t miss out.

Murrieta’s Fall Festival- 

Saturday October 28th from 5:30pm – 8:00pm take the kids over to the Cal Oaks Sports Park and have some fun. There will be carnival style games, food vendors, candy, and prizes. Wristbands will be available for purchase for only $3. 

Menifee 

Fall Festival- 

On Saturday October 28th from 3:00pm – 9:00pm, the city of Menifee will be having their annual Fall Festival located at the Audie Murphy Ranch Sports Park. There will be trick or treating for the kids, food and craft vendors, kid zone, live entertainment, and more. Wristbands are only $5 for the kid zone. 

 

Posted in Local Events
Sept. 14, 2017

Murrieta Market Report for September 2017

Fall is just around the corner and with that brings cooler temps, colors changing, and fun activities for the community. I absolutely love this time of year and look forward to it. In this month’s market trends report for the city of Murrieta, I will be pulling the current real estate numbers and comparing them to previous months.  As always, my stats are based on singe family, detached residences, with 3+ bedrooms, and 2+ baths. 

Number of Active Listings: 275

Average Murrieta Home Listed Price in September: $522,609

Number of Murrieta Homes Sold Between 8/15/17-9/15/17: 139

Average Murrieta Home Sold Price: $441,025

Average Day on the Market: 28

Unlike Temecula, Murrieta has more active listings currently than it did back in June. We have a total of 275 currently vs. 237 in June. That’s a 16% increase in listings this month. The average price that homes are being listed for has gone up slightly from $519,591 to $522,609. We are still seeing this as a seller’s market due to the low amount of inventory in the Murrieta area. 

Looking at the sold number for the city of Murrieta, I can see there was a decline in homes sold. In June we had 214 and between 8/15/17-9/15/17 there were only 139! That’s a difference of 35% in home sales.  The average price that homes are selling for has gone up from $425,535 to currently $441,025. The days that homes are on the market is averaging 28 days, which is about the same as June. 

Please feel free to reach out to me or my team for any of your real estate needs. We are here to help you whether you are looking to buy a home or sell your current one. We can also provide you with a free market update of your neighborhood by going to our Mr. Murrieta website or we can set you up on one as well. This will give you any pending properties, just listed, or recently sold homes. Please give us a call with any questions and enjoy the rest of September! Be sure to check back in the coming months for up to date market reports in your area. 

By: Stefan West – AKA Mr. Murrieta

Posted in Market Trends
Sept. 14, 2017

September 2017 Temecula Market Trends Report

With cooler temperatures these past few days it actually feels like fall is just around the corner. Fall is my favorite time of the year with all the fun activities that it brings. In this month’s market trend report for Temecula, I will be pulling our current market numbers and comparing them to previous months. As always my stats are based on single family, detached residences, with 3+ bedrooms, and 2+ baths. 

Number of Active Listings: 236

Average Temecula List Price in September: $577,918

Number of Homes Sold Between 8/15/17-9/15/17: 149

Average Murrieta Sold Price: $487,960

Average Days on the Market: 34

Currently we have a total of 236 homes on the market with an average list price of $577,918. Looking back at the start of summer in June, there were 261 homes for sale which isn’t that much more. The average list price was $584,839.We have seen such a shortage of homes being listed this year. It continues to remain a seller’s market out there keeping it hard to place qualified buyers. 

Moving onto what is selling in the Temecula real estate market. There have been 149 closes from 8/15/17-9/15/17. The average listed price of these homes is $487,960. The number of closes has dropped quite a bit over the summer. Back in June we had 225 and now 149! That’s a difference of 33%. The sold price is remaining about the same. The average number of days that homes are on the market is 34 days currently. 

My team and I are always here to help with any of your real estate needs. Whether you are looking for your next home or just wanting a valuation of you current one, we are here for you. We can set you up through our website at Mr. Murrieta.com so that you receive a custom market report for your neighborhood.  This will keep you up to date on anything that is new to the market, pending, or recently sold. Please feel to reach out to us.

By: Stefan West AKA Mr. Murrieta 

Posted in Market Trends
Sept. 11, 2017

Client Letter for September 2017

I hate Facebook.  I love Facebook.  One word…Facebook, (which should be two if English mattered anymore), that sums up both the miraculous, ray beams of connectivity and the fermented, darkness of evil separation.  Ok, I know I totally went dramatic but I got to use “fermented darkness!”

On one hand it connects us to an amazing level, sharing present and past photos, highlighting events, and giving thank god moments when reminding us of birthdays.  On the other hand, with so much information available, we do not call our friends, family, and peers – we just like their stuff and leave a comment.

So, even while we are connected to them, are we really?  The big stuff is missing…starting with a hug or handshake.  Next, what is the actual context of their moods and body language?  On Facebook we are only seeing a “Snapchat” of their life and as a population we are getting accustomed to this mentality. 

In real estate, we have this problem as well with companies like Zillow, Trulia, and Redfin.  They know the topmost layer of information because we give them our content for consumer use, but they often miss the big stuff.  What is the real deal with that home?  Is the neighborhood moving up or down in desirability?  What future expansion plans may impact traffic, school boundaries, and so on?

Just like Facebook, you don’t see the whole picture on Zillow, etc .  You aren’t just buying or selling for today, but for your family’s tomorrow and financial future.  Expertise in your family’s and friend’s life really matters if you want a true relationship.  And expertise in real estate and the community is vital if you want to make the very best long-term decision.  I encourage you to use Zillow, Redfin, or our website to learn as much as you can.  Just also pick up the phone and let us help to ensure you, your friends, and family members make the best long term decision.

Our office also sends our thoughts and prayers to the people in Florida with that hurricane bearing down.  We have many clients that have moved there or who have family there that we hope stay safe!

Sincerely,

 

Stefan aka Mr. Murrieta

Posted in Client Letters
Sept. 11, 2017

Fun Upcoming Events in September 2017

Upcoming Events in September 2017

Temecula

Farmers Market – 

Every Wednesday from 9:00am – 1:00pm head over to the Promenade Mall in Temecula for their weekly farmers market and pick up your mid-week groceries. There are over 15 local farmers featuring cheeses, honey, fruits, and vegetables. You will also find handmade jewelry, crafts, and bath and body products and even all natural pet food. 

September 11th Remembrance-

Come out on Monday September 11th for a special remembrance of that tragic day 16 years ago that took so many lives. This event will be held at the Temecula Duck Pond from 6:00pm – 7:30pm. Enjoy the light music and join in on a quiet moment for reflection. 

F.I.T. Fun Color Run-

On Sunday September 17th head over to the Ronald Regan Sports Park in Temecula for the 5K Walk/Run. You will need to pre-register for this event. There will also be a 1K Kids Mini-Obstacle Color Run for ages 5-12 years. 

Western Days-

Western Days are back on September 23rd. This event celebrates Temecula’s heritage from a ranch town. There will be pony rides, street vendors, entertainers, and an Old Town Temecula Gunfighters shoot-out at high noon. Don’t miss out on this fun event that the whole family will enjoy.

Big Horse Corn Maze & Harvest Festival-

Starting on September 30th through October 30th, head down to the Big Horse Feed Store for their annual fall fun! You can get lost in their 11+ acre corn maze or take a pony ride. There are also hay rides, duck races, face painting, rock wall climbing and more! 

Murrieta

September 11th-

Town Square Park in Murrieta will be hosting a ceremony to remember the fallen on that terrible day! Come out with the community of Murrieta at 7:15 to pay tribute.

Posted in Local Events
Aug. 9, 2017

Fun Upcoming Events in August 2017

Fun Local Events for August 2017 

Temecula 

Shakespeare in the Vines Macbeth: 

Be sure to get your tickets for Macbeth Friday August 11, which is being held out at Baily Vineyard & Winery. This is a fun event you won’t want to miss. General seating starts at $22 a person. 

Build Your Own Boat Regatta: 

On August 18th from 6:30-9:00 head over to the Temecula Community Rec Center for a fun family evening. This is a competition that involves building 2 man vessel made out of only cardboard and duct tape. You will need to pre-register to ensure a spot for competing. The cost is only $10. 

James and the Giant Peach:

August 17th - 25th, the Old Town Temecula Community Theater will be featuring the musical James and the Giant Peach. Tickets start at $30 per person. This event is perfect to take the whole family to. 

 

Murrieta

Movies in the Park: 

During the month of August, the city of Murrieta will be having their annual movies in the park. They are being shown at the California Oaks Sports Park. Admission is free and be sure to bring your chairs & blankets. Devilicious food truck will be there selling some delicious food. Movies begin at dusk. 

August 5th – The Secret Life of Pets

August 12th – Top Gun

 

San Diego

Del Mar Concert Series:  

Every Friday night in the month of August and a few Saturdays after the last race stay for the Del Mar Summer Concert Series. The concerts are free with admission before the start of the last race. After that they are $20 per person. Must be 18 and older to attend. 

August 4th – Eagles of Death Metal 

August 5th – Billy Currington 

August 11th – The White Buffalo 

August 12th - Ludacris

August 18th – Steel Pulse 

August 25th Lord Huron

August 26th – Slightly Stoopid

Posted in Local Events
Aug. 9, 2017

Client Letter for August 2017

August is coming and in short order I will have TWO middle school age boys.  I swear, they were 2 and 4 years old just yesterday.  Tackle football is also coming to the West family.  I personally LOVE to play, but I’m not loving the idea of my 13-year-old doing it. Hypocrite much?  Yup, but it’s my kid, plus my wife is going to freak out every time a player even grazes her boy.  I am positive any injuries will be all my fault ?.

While I am sure you love hearing about my family, you would probably prefer to hear about real estate.  Essentially, real estate is very steady right now. A perception currently gaining momentum is that “what goes up, must come down.”  In the past month, I have been asked more than at any other time this year if the market is hitting a peak, are we in a bubble, is it a good time to sell, etc.  

No, I do not think we are in a bubble. Interest rates are steady and lending is under control since banks are not financing anyone with or without a pulse.  I do, however, think we are at or near the top of the market for the year.  Our local market often feels like it’s crazy hot and then quickly shifts gears in late August as the school year hits and life returns to the usual routine.

My biggest concern regarding the real estate market remains politics and the economy.  While some people are waiting for real estate prices to come down, there are even more people waiting for the stock market to correct or for Trump to seriously stumble.  I believe these issues are hopelessly interconnected and it could take just one challenging political or economic event to activate some of these fears. 

In the absence of such an event, all other metrics remain good.  Employment is solid, corporate profits are high, and Amazon is taking over the world.  Can I just say that Alexa should become a mandatory household item?  As a new Alexa owner, I am totally geeking out on it and my kids are having a great time with all the things she can do, including hurling insults at us through her Meanie app.

In closing, I hope all my clients are doing well.  I want to send a special thank you out to the Howe and Girard families for two great referrals this month.  It is truly appreciated.  If you or any of your family members, friends, neighbors, or church community needs any real estate help, please let me know.  My team and I will take great care of them!  Have a wonderful August and get ready for the return of the NFL!

Sincerely,

Stefan - AKA Mr. Murrieta

 

Posted in Client Letters
July 6, 2017

June 2017 Market Trends Update for Temecula

July is in full swing with the 4th being over and the days starting to really heat up. I hope this market update finds everyone enjoying the summer! In this month’s market trend report, I will be gathering the current numbers from the Temecula real estate market and comparing them to June. As always my stats are based on single family, detached residence, with 3+ bedrooms and 2+ baths.

Number of Homes Currently Listed in Temecula: 261

Average Temecula Home Listed Price in July: $584,839

Number of Homes Sold in June: 225

Average Sold Price of Temecula Homes in June: $491,787

Average Days on the Market: 32

Well, looking right away at the current numbers in July, there are actually a few less homes on the market with 261 homes to be exact. Last month at this time there were 266. The average listed home price in the city of Temecula is $584,839 vs $584,459. Really little to no change in those numbers over the last month. 

When comparing the sold numbers to each other, the number of homes that sold back in May was 172 and in June that number increased to 225. That’s a nice little jump of 30%. The average selling price went up slightly to $491,787 from $481,319. The average days that homes are on the market before being sold is currently 32 days. 

If you or anyone you know is looking to buy or sell a home in the area, please have them give me a call as my team and I are ready to help with ALL of your real estate needs. Enjoy the rest of July and hope you all had a wonderful 4th of July with friends and family! 

Stefan West – AKA Mr. Murrieta 

Posted in Market Trends
July 6, 2017

July 2017 Fun Events in the Valley

 Fun Summer Events in Temecula & Murrieta July 2017

Temecula

4th of July Parade: 

On Tuesday July 4th, head down to Old Town Temecula for their annul 4th of July parade. The parade starts at 10:00am and will be running from arch to arch so be sure to bring your chairs to get a good spot. You should plan to get there early since this event does get pretty busy.

4th of July Extravaganza:

Where the best way to see the 4th of July fireworks display you ask…….it’s at the Ronald Regan Sports Park in Temecula. Get there early and spend the day celebrating with live music, vendors, fun zone for kids, and much more. Stay for the spectacular fireworks show to end the day. The fun starts at 2:00pm. 

Summer Concerts:

All summer long Temecula will be having FREE concerts at the Temecula Amphitheater located at the Community Recreation Center. The concerts will be on Thursday night’s beginning at 7:00pm so bring your chairs and head on over. No pets, smoking, or alcohol is allowed. 

Moonlight Movies in the Park: 

Friday nights in July head over to one of Temecula’s parks for a fun night with a movie in the park. Activities begin at 6:00pm and movies start at dusk. 

July 14th - Temeku Hills Park / Zootopia

July 21st - Harveston Community Park / Toy Story

July 28th – Harveston Community Park / Finding Dory

Shakespeare in the Vines: A Midsummer Night’s Dream:

Saturday July 22nd, Bailey Vineyard & Winery will be hosting this wonderful performance. The show starts at 7:30 and tickets start at $17 for seniors and go up. Be sure to get your tickets now as this event tends to sell out.

Mother/Son Date Night at the Diamond:

July 26th head over to the Lake Elsinore Storm Stadium for a night mother/son evening of baseball. This event fills up quickly so be sure to pre-register. Tickets are $12 per person and include ticket, parking, hot dog, drink, chips, ice cream, and a souvenir for both mom and son. Don’t miss out!

Murrieta

26 Annual Birthday Bash:

On Saturday July 1st, head over to the Cal Oaks Sports Park in Murrieta for their 26th annual Birthday Bash from 2:00-9:00. This event is packed full of live music, food, kids activities, and of course an amazing display of fireworks to end the night. Make sure to get there early for a good spot. 

Paint Night: 

Friday July 21st, head over to Sisters Bottles and Brushes for a fun evening of family painting. There will be light refreshments served and the cost is $20 per person and includes all the supplies needed to paint your masterpiece. Seating is limited so be sure to get your tickets a head of time. Start time is 6:00pm and goes till 9:00pm. 

Murrieta Summer Concerts in the Park:

Music loves, come out for a fun evening of entertainment at Town Square Park from 6:00pm-8:00pm. Bring your chairs, blanket, and even a picnic dinner to enjoy under the stars. 

July 8th – Southbound & Company

July 15th – Midnight Satellites

July 22nd – Midnight Ride

Posted in Local Events