buying: An early Fall update on South Orange County real estate activity - 09/14/08 02:21 PM
Hello again, and welcome to the Fall Season,
Real estate in our area - South Orange County - continues to follow a path that was established early in the year, where a significant majority - definitely more than 50% - of business going on is the sale of distressed properties, mostly … (0 comments)
buying: Mid-summer update on Orange County, CA, real estate activity. - 08/10/08 04:41 PM
Here's a link to the latest report on real estate activity in Orange County, as prepared by the president of my company: http://www.OurAgentSpot.com/sthomas/MarketTime-Aug-7-08.pdf The report is chock full of graphs and statistics to support his findings.
For a synopsis, Orange County continues to show improvement in two areas - the number … (0 comments)
buying: Another good milestone for Orange County real estate! - 07/03/08 11:34 PM
Good news! The available housing inventory has now dropped below 06 and 07 totals. This is good news for both prospective buyers and sellers of Orange County real estate. For sellers it means less competition, and for buyers it's an indication that the local housing market is close to the bottom.
Click on the … (1 comments)
buying: A positive update on prices & interest rates for Orange County, California - 06/14/08 03:02 PM
Here is a link to the latest, bi-weekly Market Report produced by the President of our brokerage:
http://www.OurAgentSpot.com/sthomas/MarketTime-Jun-12-08.pdf
For a synopsis of the report, the news for O.C. real estate continues to get better in almost every respect. Sales are up, while inventory is declining. What USUALLY happens in such a scenario is … (0 comments)
buying: Continued good news for Orange Co., CA real estate! - 06/03/08 11:29 AM
Here's a link to our company president's bi-weekly market report for Orange County, California:
http://www.OurAgentSpot.com/sthomas/MarketTime-May-29-08.pdf
For a synopsis, the number of houses going into escrow - demand - has increased dramatically so far this year, to a point better than the past two years. Fueling this growth has been three significant … (0 comments)
buying: Thinking of buying a foreclosure or short sale, in Orange County? - 05/21/08 03:33 PM
A lot of my clients are asking about foreclosed houses - houses taken back by the bank - or short sales - houses listed for less than the total of loans on the property. Such properties make up an increasing percentage of both active listings, and houses presently in escrow.
The … (0 comments)
buying: Real Estate Activity Continues to Improve in Orange County! - 05/17/08 11:37 PM
Here is the latest Orange County Market Report as compiled by the President of our company, Steven Thomas:
Market Time Report: May 15, 2008 Demand Far Exceeds 2007 Levels
Good Afternoon!
Demand is not only dramatically surpassing 2007 levels, it is just shy of matching 2006 levels. The big difference in comparing … (0 comments)
buying: The number of escrows is up, but prices are still soft! - 05/11/08 09:07 PM
A third of the year has come and gone. As you may have noticed, a few more listings are coming onto the market. At the same time, the number of houses going into escrow has also grown. There are increasing signals that we may be close to the bottom of our real … (0 comments)
buying: Good news for bigger loans and refinances! - 05/11/08 11:42 AM
The Economic Stimulus passed in February allowed FNMA and FHLMC (FannieMae and FreddieMac) to purchase High Cost Area Conforming Jumbo (HCACJ) loans from lenders. Loans made between $417,000 and $729,600 started closing in March of this year, but no one was willing to buy them. FNMA had not yet created bundles … (0 comments)
buying: This months continued good news for Orange county real estate! - 05/05/08 12:24 AM
This is a report issued every two or three weeks, by the President of our company.
Market Time Report, May 1, 2008: The First Time Wave is Growing
Compared to last year, demand is stronger, there are fewer homes on the market and the expected market time is much lower. The … (0 comments)
buying: Could this be the market bottom for South O.C. real estate? - 04/01/08 12:54 AM
Well, the first quarter has come and gone. As you may have seen or heard, a few more listings are coming onto the market. At the same time, the number of houses going into escrow has grown substantially. There are increasing signals that we may have reached the bottom of the real estate … (1 comments)
buying: Isn't this usually a great time to sell? - 03/31/08 03:51 PM
Ah, the good old days. For years and years I could repeat the following mantra, for South Orange County real estate: Around Super Bowl time buyers would start coming out in droves, and their activity ( opening and closing escrows.) would increase from February 1st, through about the end of July. … (0 comments)
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Hello again, and welcome to the Fall Season,
