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Monthly Archives: January 2012
OC REGISTER: Home prices down in all 8 Irvine ZIPs in ’11
From The ORANGE COUNTY REGISTER – JONATHAN LANSNER: Homebuying in Irvine is slowing down by the freshest math. Click here for full article.
Posted in OC Real Estate News
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Current Orange County HUD Homes (1-27-12)
Here’s a current list of the HUD homes in Orange County, as of January 27, 2012. Please call David Mayes, at 949-632-8115, to view any of these HUD properties. Case Number: 048-463386 Property Information Address 4779 Benicia Plz Yorba Linda,CA,92886 … Continue reading
7 Reasons Why You Should Buy an Orange County HUD Home
Short Sales and Foreclosures my steal the headlines, but HUD Homes in Orange County present some of the best deals for buyers and investors. 7 Reasons Why You Should Buy a HUD Home in Orange County HUD homes are the … Continue reading
Posted in Buyer Tips, HUD Homes
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L A Times: Consumer group tentatively supports $25-billion mortgage deal
From the Los Angeles Times – Alejandro Lazo: The Center for Responsible Lending has called a proposed $25-billion settlement over faulty foreclosure practices between attorneys general, federal agencies and the mortgage industry “an important step forward in addressing foreclosure abuses.” Click here … Continue reading
Posted in OC Real Estate News
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San Francisco Chronicle: Sales contracts for homes dip from 19-month high
From the San Franciso Chronicle – Derek Kravitz: The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier. Click here for full article.
Posted in OC Real Estate News
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Mercury News: Fed: Interest rates should stay low until late 2014
From MercuryNews.com – Martin Crutsinger: WASHINGTON — The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow … Continue reading
Posted in OC Real Estate News
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Mission Viejo Patch: O.C. Jobless Rate Falls Below 8 Percent
From the Mission Viejo Patch – Sarah de Crescenzo: Orange County’s estimated unemployment rate for December 2011 dipped below 8 percent for the first time in nearly two years. Click here for full article.
Posted in OC Real Estate News
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CNNMoney: New home construction gathers momentum
From CNN Money – Les Christie: New home construction slowed slightly in December after a strong November showing, but was still much more active than a year earlier. Click here for full article.
Posted in OC Real Estate News
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inmanNEWS: Top 10 US metro areas with steepest home-price cuts in 2011
From the inmanNEWS: Metro areas in Michigan and the Southeast experienced the most substantial cuts in for-sale home prices listed on Zillow.com in 2011 compared to 2010. Flint, Mich., and Detroit topped the list at No. 1 and No. 2, … Continue reading
Posted in OC Real Estate News
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L A Times: Rate on 30-year mortgage down to record 3.88%
From the Los Angeles Times: The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or … Continue reading
Posted in OC Real Estate News
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