Monthly Archives: November 2010

Mission Viejo Market Snapshot: Nov 29, 2010

Posted on November 29, 2010 by David Mayes

Mission Viejo Single Family Residences Sold in Last 7 Days 6 sold (-3 from last week) Equity Sellers: 3 (-4 from last week) Bank Owned: 1 (no change from last week) Short Sale: 2 (+1 from last week) Other: 0 (no change from last week) Mission Viejo … Continue reading →

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Does Your Home Have Curb Appeal?

Posted on November 28, 2010 by David Mayes

Many sellers fix up the inside of their home but forget about something just as important – curb appeal. Curb appeal is essential in the sale of your home, as first impressions are lasting and play an important part in … Continue reading →

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Home Prices Increase 1.1% in October

Posted on November 26, 2010 by David Mayes

San Diego-based MDA DataQuick reports, Southern California home prices increased 1.1% in October, 2010. Southern California’s median home price increased 1.1 percent last month to $283,000 from October 2009, as up-market homes kept the median from appreciating much over last year’s … Continue reading →

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First-Time Buyer Housing Affordability Improves Slightly In Q3

Posted on November 24, 2010 by David Mayes

The California Association of Realtors reports that home affordablity improved slightly in the 3rd quarter of this year LOS ANGELES (Nov. 15) — Housing affordability among first-time home buyers improved slightly in the third quarter of 2010, both on a quarter-to-quarter … Continue reading →

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Mission Viejo Market Snapshot: Nov 22, 2010

Posted on November 22, 2010 by David Mayes

Mission Viejo Single Family Residences Sold in Last 7 Days 9 sold (+5 from last week) Equity Sellers: 7 (+4 from last week) Bank Owned: 1 (no change from last week) Short Sale: 1 (+1 from last week) Other: 0 (no change from last week) Mission Viejo Condos … Continue reading →

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Stable Home Prices, Low Mortgage Rates Could Fuel Mission Viejo Economy

Posted on November 20, 2010 by David Mayes

USA Today reports that several factors could fuel the economy. Mortgage rates are hitting another record low just as home prices are firming in more parts of the country, two trends that could help boost the economy. Potential recovery fuel: •Rates … Continue reading →

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Mission Viejo’s Highest, Average and Lowest Priced Bank Owned Properties Sold in 2010

Posted on November 18, 2010 by David Mayes

As the real estate market heats up, Bank Owned Properties sell quickly. 23181 Stoneridge The above Bank Owned property sold for $775,800. It featured 4 bedrooms, 3 batherooms, 3 car garage and 3740 s.f. of living space and was located in the guard … Continue reading →

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2% Orange County Homes In Foreclosure Process

Posted on November 17, 2010 by David Mayes

2% of homeowners in Orange County are in the foreclosure process according to CoreLogic’s latest late-mortgage report. The 90-day delinquency number is considered a key indicator of future mortgage trouble, because it captures patterns of property owners skipping house payments … Continue reading →

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Mission Viejo’s Highest, Average and Lowest Priced Short Sale Homes Sold in 2010

Posted on November 16, 2010 by David Mayes

A short sale occurs when a house is sold for less than the amount that the seller owes on the property – with the lender’s approval. 28821 GLEN RIDGE The highest price paid for a short sale in Mission Viejo so far in 2010 … Continue reading →

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Mission Viejo Market Snapshot: Nov 15, 2010

Posted on November 15, 2010 by David Mayes

Mission Viejo Single Family Residences Sold in Last 7 Days 4 sold (-8 from last week) Equity Sellers: 3 (-3 from last week) Bank Owned: 1 (+1 from last week) Short Sale: 0 (-3 from last week) Other: 0 (-3 from last week) Mission Viejo Condos … Continue reading →

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