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New Foreclosures August 2008

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Foreclosure Properties
Street/City/State/Zip Status Beds/Baths Amount
Pre-foreclosures 5 / 4 $8,906
Foreclosure Auctions 5 / 3 $650,000
Pre-foreclosures NA / NA $392,692
Pre-foreclosures NA / NA $364,000
Pre-foreclosures 4 / 2 $450,000
Foreclosure Auctions 4 / 5 $900,000
Foreclosure Auctions NA / NA $1,248,246
Foreclosure Auctions NA / NA $403,129
Pre-foreclosures 4 / 3 $15,094
Pre-foreclosures 3 / 3 $9,245
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California Trends JUL. YTD.
New Foreclosure Filings 72,285630,087
Foreclosure Sales 45,242253,187
Avg Sales Price $ 251,296$ 277,401
Total Savings 30 % 29 %
Fair
0% – 10%
Good
11% – 30%
Excellent
31% +
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RealtyTrac Information Centers

 

Temecula is a city in southwestern Riverside County. The city has a population of 93,923 residents. Temecula is bordered by Murrieta on the northwest and the Pechanga Indian Reservation on the south, with unincorporated areas of Riverside County on all of its other borders.

At RealtyTrac, we look to help you find foreclosures by supplying you with the most up-to-date list of Temecula foreclosures, along with the latest in real estate news and information on government foreclosure activity in Temecula and beyond. If you are an investor, a real estate agent and/or a home buyer seeking foreclosures, bank-owned homes, VA foreclosures, auction opportunities, or ways to avoid foreclosure look to RealtyTrac for all your real estate needs.

With neighboring Murrieta, Temecula forms the southwestern anchor of the Inland Empire region. It is almost equidistant to San Diego, Los Angeles, and Orange counties and many consider it a suburb of the latter. Temecula is also home to many military families from nearby Camp Pendleton USMC, Miramar MCAS, March Air Reserve Base and the Navy bases in San Diego.

The 1990s brought rapid growth to the Temecula Valley. Many families began to move to the area from San Diego and Orange County drawn by the affordable housing prices. However, as the years have progressed, the housing has become more expensive and the area has become primarily middle to upper-middle class.

In 1999, The Promenade Mall opened in Temecula on land that had once been used for farming and grazing. The mall made Temecula a regional center for shopping and dining. In 2005, Temecula expanded by annexing the neighboring planned community known as Redhawk. The annexation brought the rapidly growing population to 90,000. Due to the rapid growth of the city, Temecula has experienced severe traffic conditions in the area.

Temecula is the site of one of the oldest wineries in California, and the Temecula Valley continues to be a small but significant wine production center, supporting nineteen wineries.

State Facts
  • State Population: 36,132,147
  • Households: 12,989,254
  • Median Home Price: $534,513
  • State Foreclosure Trend:
Top 5 Foreclosures States
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