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Moreno Valley Real Estate
About Moreno Valley
Make Moreno Valley your home! Moreno Valley is a city located in Riverside County, California. As of January 1, 2008, A relatively young city, its rapid growth in the 1980s and the 2000s propelled it to its status as second-largest city in Riverside County by population, and one of the Inland Empire's population centers. Neighboring Riverside, California is the county seat and largest city in the county; the two cities are closely tied, sharing March Air Reserve Base with the city of Perris and is north of Lake Perris.
Communities include Aspen Hills, Box Springs, Edgewood, Rancho Belago, Serrano Park, Sunnymead among others. By 1990, Moreno Valley had exploded in population growth to become the second largest city in Riverside County with a population of over 118,000. Growth continued until about 1992.
In the 1990s, the robust Moreno Valley economy deteriorated, largely due to the statewide economic downturn. Many people began to leave the city. March was also downsized to its present status as March Air Reserve Base. The surplus land was given to the March Joint Powers Authority, made up of representatives of Riverside County and the cities of Riverside, Moreno Valley, and Perris for development. By the early 2000s, the arrival of so many newcomers to Riverside County and the soaring cost of living in Los Angeles and Orange County combined to make the less-developed southern half of the Inland Empire a very attractive place for industry.
Nevertheless, Moreno Valley's coming of age can also be seen in the growth of the area around the Moreno Valley Mall (on which used to be the Riverside Raceway property from 1957 to 1989) and nearby Day Street, which straddles the border between Moreno Valley and Riverside. The area has seen massive construction in recent years, attracting Lowe's, Starbucks, Outback Steakhouse, and other stores often seen as prestigious. A Pat & Oscar's and PFF Bank & Trust are being built, and rumors of Famous Dave's and Barnes & Noble coming to the area have emerged lately. These establishments are often seen as appealing to the upper-middle class; this appeal may help attract attention and money to the city.
On the east end of the city off Moreno Beach Drive, a new Wal-Mart was opened in early 2006 (233,000 sq ft., huge for a traditional Wal-Mart) next to the Moreno Valley Auto Mall. This is also the site of the first Super Target in California and the first (and only) Best Buy store located within Moreno Valley city limits, which opened in July and October 2007, respectively. The exit off state route 60 is the main way to the Moreno Valley Ranch Golf Course, once included in Golf Magazine's Top 75 Golf Courses in the USA.
We can help you buy a new home, house, townhouse, or condo in Moreno Valley. If you are buying or selling a home, CG The Group can guide you through the entire process so that you can own Moreno Valley real estate. Our free home buying tools give you the information you need to find Moreno Valley homes for sale. If you are interested in Moreno Valley foreclosures, Moreno Valley bank-owned properties, and Moreno Valley real-estate owned properties, you can find them through CG The Group. Our Moreno Valley real estate agents and Moreno Valley realtors provide professional service, and can help you with finding home loans and mortgage information. CG The Group is the best source for Moreno Valley home statistics, Moreno Valley demographics. The Moreno Valley real estate market is competitive, so let our local Moreno Valley real estate specialists help you out.
Don’t forget to ask for the HOT List of Moreno Valley homes! Contact us today! You can own your Moreno Valley dream home sooner than you think!
Bookmark www.IEHomeSearch.com right now and take advantage of CG The Group’s real estate tools. Search for Moreno Valley homes for sale by getting complete access to the MLS in Moreno Valley and surrounding areas. We have every house for sale in the MLS, including bank owned properties, REO homes, short sales, HUD homes, pre-foreclosure and probate properties, home auctions, condos and townhomes. Our goal is to provide you with the best and most complete information possible so you can find and purchase your new Moreno Valley home with ease. Our website is updated daily with new home listings, pre-listings and local real estate news so make sure to check back on a regular basis to see what is going on in the Inland Empire real estate market.
Moreno Valley Neighborhoods