Murrieta|News|
RivCo Residents Look To 'More Affordable' Condos Over Single Family Homes, Report Says
Less than 25% of Riverside County residents can afford a single family home here, a statistic that may improve should mortgage rates drop.

Less than 25% of Riverside County residents can afford a single family home here, a statistic that may improve should mortgage rates drop.

Affordability for homebuyers has improved slightly over the past year, but the dream of owning a home remains out of reach for most.

Resort-style living is promised at this Murrieta Condominium Complex.
Some buyers stepped back, waiting for more certainty in the market and broader economy, according to an industry analyst.
As rent prices outpace income growth, a new Zillow report reveals that many Californians now need six-figure salaries just to afford rent.
Supervisor Chuck Washington was on hand to celebrate the grand opening of the Monamos Terrace Apartments.
Outside, meandering trails and bridges lead to a guest suite designed by the owner with an architectural nod to Corbusier, Eames, & Thoreau.
A grand opening event on Saturday was planned for the community by the builder Richmond American Homes to show three two-story model homes.
North Carolina-based Bell Partners Inc. announced Monday that it acquired the 492-unit complex at 25100 Vista Murrieta.
Homeownership for Gen Z-ers may be a pipedream for those who choose to stay in California, but a few cities may still be affordable.
Look inside ten expansive to intimate homes with attached dwelling units across California, available this weekend. Which one do you want?
Joint Venture Signs Cypress Medical Products to 7-year lease at Harvill Logistics Center
A California Association of Realtors report showed that, for both groups, Riverside County's affordability factor bucked a statewide trend.
In October, home sales countywide were down 19.2% compared to September and were off 42% compared to a year ago, according to CAR.
"Limited vacancies and high rent — combined with relatively low income — has made housing unaffordable to many," the report stated.
Sipavich finally closed on her home purchase about four months ago, finally buying a fixer-upper.
This 5 en-suite bedroom, eight-bathroom home offers a grand foyer with dual staircases and a 24-foot ceiling & room for the whole family.
This beautiful Murrieta-area estate has time-honored Tuscan elements, extending luxury from every corner of the well-appointed home.
It's actually Orange County that's seeing the highest prices for vacant apartments. Rent there is up 18% from this quarter last year.
A standard down payment of 20% for a home in California can cost upwards of $100,000.
Artesa at Menifee Town Center is the fourth largest apartment complex transaction in Inland Empire history, according to MBK Rental Living.
The Murrieta area has experienced explosive home price growth this past year and prices are still moving upward.
The Murrieta area has experienced explosive home price growth this past year and prices are still moving upward.
National home prices are have surged over the past year; The Murrieta area was no exception.
Home prices are higher in the Murrieta area recently. See how much.
The coronavirus pandemic and other factors have shaken up the rental market. See how things have changed in Murrieta area.
Here is how much home prices have changed over the past year in Riverside County area.
Low mortgage rates continue fueling demand.
The property on Murrieta Hot Springs Road was first developed into a luxury retreat in 1902.
The ordinance regulates vacation rentals in the city.
The median home price countywide in January was $415,460, compared to $420,000 in December.
The median price of a Riverside County home was $390,000 in April, data shows.
Nearly 800 tax-defaulted properties throughout Riverside County will be on the auction block.
Home prices in Riverside County rose 1.7 percent in February compared to the same month last year, a real estate information service says.
According to CoreLogic, the median price of a Riverside County home was $380,000 last month, up from $370,000 in January 2018.
According to CoreLogic, the median price of a Riverside County home was $380,000 last month, up from $358,000 in October 2017.
The median home price countywide in September was $405,950, compared to $400,750 in August, data shows.
According to CoreLogic, the median price of a Riverside County home was $380,000 last month, up from $365,000 in August 2017.
According to CoreLogic, the median price of a Riverside County home was $386,000 last month.
Real estate agents Eric and Lindsey Bennett will continue their journey of revamping Palm Springs properties while raising three children.