The summer is winding down, vacations are behind us and kids are getting ready to return to school. We hope everyone enjoyed their summer, however it was spent. We are getting increased requests for market analysis from many Fairfield Ranch residents. Often times people are surprised to learn of foreclosures and REO's that are impacting the property values in Fairfield Ranch. Everyone can stay current on the situation by simply checking the public notices in the papers (The weekly Chino Hills Champion is a great source).

Although you might not know it, all the news is not gloomy. The most recent report from the California Association of Realtors (C.A.R.) shows Chino Hills' median home price increased to $597,500 in July 2007 from $593,500 in July 2006 (0.7 % increase). While this might not seem like much, if you compare it to results from other cities in our area, our home values are holding up quite well.

Chino (-6.3%)

Corona (-5.2%)

Diamond Bar (-1.4%)

Pomona ( - 5.8%)

San Dimas (-10.3%)

Although we are definitely in a buyers market, resulting in fewer transactions than last year, Chino Hills is a very desireable place to live and that is reflected in the relative stability of our median home price.