Monthly Archives: March 2012

From HOUSINGWIRE – Justin T. Hilley: The nation’s shadow inventory remained flat in January compared to October figures but shrunk about 10% from levels seen a year earlier, according to new data from CoreLogic. Click here for full article.

From YAHOO-FINANCE – Lucia Mutikani: WASHINGTON (Reuters) – U.S. home sales fell in February, but upward revisions to the prior month’s pace and the first yearly increase in prices in 15 months suggested the housing market recovery remained on track. Click … Continue reading →

From CNNMoney – Les Christie: NEW YORK (CNNMoney) — It’s the eternal question in real estate: Should I buy or rent?  The answer has never been clearer: Buy. Click here for full article.

From THE ORANGE COUNTY REGISTER – Jonathan Lansner & Jeff Collins: RATE NEWS SUMMARY: From Freddie Mac’s weekly survey there is a time gap that doesn’t always tell the full story. The past few days rates have spiked as you … Continue reading →

From inmanNEWS: Median list prices jumped 1 percent or more on a year-over-year basis in February for about 73 percent of the 146 markets tracked in a report released this week by Realtor.com. Click here for full article.

From The Los Angeles Times – Jim Puzzanghera and E. Scott Reckard: Reporting from Washington and Los Angeles—Homeowners more deeply underwater on mortgages handled by five major U.S. banking firms are prime candidates for getting help from a $25-billion nationwide settlement over … Continue reading →

From THE WALL STREET JOURNAL – Alan Zibel: The mortgage industry has a new cop on the beat: Joseph A. Smith Jr. Click here for full article.

From the California Association of Realtors: For home sellers, buyers and real estate brokers hoping for breakthroughs on simplifying short-sale transaction and timelines, this may not be the proverbial silver bullet, but it’s definitely positive news: The agency that controls … Continue reading →

February 2012 Mission Viejo Home Sales 91 (+12 from January 2012) 36 condos (+8 from January 2012) 55 single family residences (+4 from January 2012) Mission Viejo Homes Now on Market At present there are 204 homes for sale in Mission Viejo (-46 from January 2012) 60 condos … Continue reading →