Monthly Archives: July 2011

OC REGISTER: Apartment rents to rise for ‘many years’

From the ORANGE COUNTY REGISTER – Jonathan Lansner and Jeff Collins: A shaky economy shouldn’t be so hot for apartment landlords. But recent reports shows rents and occupancy on the rise. In trying to solve that puzzle, we contacted Steadfast … Continue reading

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OC Register: No tax break, no housing momentum

From the Orange County Register – Jonathan Lansner: Take away significant tax incentives to house shoppers. What did you think would happen? The folks at DataQuick were kind enough to provide us with an analysis of Orange County homebuying in … Continue reading

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RISMedia: Foreclosures Fall across America

From RISMedia – Steve Cook: RISMEDIA, August 1, 2011—Foreclosure activity decreased in 85 percent of nation’s metropolitan areas in the first half of the year and all top 10 metro areas with the highest foreclosure rates posted decreasing foreclosure activity. … Continue reading

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Open House – 27231 Monforte, Mission Viejo

You Are Invited To A Special Open House  Sunday, July 31, 2011 – 1:00 p.m. – 5:00 p.m. 27231 Monforte, Mission Viejo (east on Oso, right on Alpera, right on Monforte, home is on right hand side) Offered at $648,000  This … Continue reading

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Bloomberg: Economy in U.S. Grows Less Than Forecast

From Bloomberg – Shobhana Chandra: The U.S. economy grew less than forecast in the second quarter, after almost stalling at the start of the year, as consumers retrenched. Click here for full article.  

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abc NEWS: Pending Homes Sales Edged Up in June, But Cancelled Contracts Soar

From the abc NEWS – Lynek Little: Although pending home sales edged up in June, a new report found that cancellations skyrocketed, with four times as many agents reporting that would-be buyers were unable to close. Click here for full … Continue reading

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CAR: Trulia launches agent recommendation system

From the California Association of Realtors: Real estate search and marketing site Trulia today launched an agent recommendation system that incorporates endorsements from Facebook friends. Click here for full article.

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Bloomberg: Bank of America Donates Then Demolishes Houses to Get Rid of Foreclosures

From Bloomberg – Lindsey Rupp: Bank of America Corp., faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer.   Click here for complete … Continue reading

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SIGN ON SAN DIEGO: What would U.S. credit downgrade mean for mortgage rates?

From SIGN ON SAN DIEGO – Lily Leung: Mortgage insiders in San Diego County and Southern California are closely watching whether the U.S. government’s credit rating will be lowered, as debt-ceiling talks continued on Tuesday. Click here for ful article. … Continue reading

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inman NEWS: Talking about a real estate revolution

From the inman NEWS – Glenn Roberts Jr.: SAN FRANCISCO — A broker revolt over multiple listing service policies could become a reality if the playing field among brokerages is perceived to be uneven, and some participants in a two-day … Continue reading

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