Statistics The Orange County Area Statistics - 12/29/11 12:41 AM
Statistics The Orange County Area Statistics
A new report shown monthly sales pace reported at 71 percent of a recent 20 year average. DataQuick showed sagging home prices and sluggish sales in their weekly housing reports.
The median price is at $400,000 which is down 7.5 percent from a year ago and 38 percent below June of 2007. Home buyers purchased 2,557 Orange County properties down 4.4 percent from a year ago and 71 percent over 20 yeaqrs ending 2009.
… (4 comments)

San Clemente, Realtor Mark Paulson, Area Market Report 12/26/2011 - 12/26/11 02:38 PM
San Clemente, Realtor Mark Paulson, Area Market Report 12/26/2011
This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 8.0 percent, for new homes it is down 5.7 percent and for resale condos down 13.0 percent. The sales volume is up for resale homes 0 percent and down 2.0 percent on condos and down 37.6 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 6.1 percent and the sales volume is up 27.9 percent. Mission Viejo Zip Code 92692 sales prices … (4 comments)

What Did The Deal Cost Us - 12/26/11 02:29 PM
What Did The Deal Cost Us
This week The Orange County Register reported that Lendingtree.com's Chief Economist has calculated the cost of the deal worked out in Washington, DC. The deal where the contribution to Social Security is being reduced to give a tax moratorium. That the President and Democrats made such a big fuss over last week causing the Republicans in the House to cave. The tax payer got 2 month extension.
The cost to the home owner will be an added 1.25 percent. Shifting the cost to the homeowner. In addition, Social Security which is severly underfunded and going … (6 comments)

Mortgage Fees Would Rise Under Payroll Tax Cut Deal - 12/19/11 10:24 AM
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Follow California's Lead - 12/18/11 01:44 PM
 Follow California's Lead
Some say that if you want to know where the US is going because the rest of the nation will follow California's lead.  That is to say we are a trend setter.  I really hope not!
California has passed bills to allow foreigners from Mexico to get tuition and grants to our colleges at the same rate as Californians.  We have passed laws that will give cap and trade as a solution to global warming.  Hurting the competitiveness of California's businesses.  We are asking the people if they will allow for a higher tax rate so that the legistlature can spend … (3 comments)

San Clemente, Realtor Mark Paulson, Area Market Report 12/18/2011 - 12/18/11 01:30 PM
San Clemente, Realtor Mark Paulson, Area Market Report 12/18/2011
This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 8.0 percent, for new homes it is down 1.5 percent and for resale condos down 12.7 percent. The sales volume is up for resale homes 6.3 percent and up 8.1 percent on condos and down 41.5 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 7.6 percent and the sales volume is up 36.8 percent. Mission Viejo Zip Code 92692 sales prices are up 9.4 percent and the sales volume is up 17.8 percent. Aliso Viejo sales prices are down 16.4 percent and the sales volume is up 8.9 percent. Laguna Niguel sales prices … (0 comments)

San Clemente, Realtor, Mark Paulson, Area Market Report 12/11/2011 - 12/18/11 10:22 AM
San Clemente, Realtor, Mark Paulson, Area Market Report 12/11/2011
This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 9.0 percent, for new homes it is down 4.6 percent and for resale condos down 7.0 percent. The sales volume is up for resale homes 3.2 percent and down 3.5 percent on condos and down 35.2 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 2.4 percent and the sales volume is up 10.2 percent. Mission Viejo Zip Code 92692 sales prices are up 0.7 percent and the sales volume is up 16.7 percent. Aliso Viejo sales prices are down 4.1 percent and the sales volume is up 14.3 percent. Laguna Niguel sales prices are down 13.4 percent and … (4 comments)

The News For Orange County a Positive for the Economics - 12/17/11 02:22 AM
 
The News For Orange County a Positive for the Economics
November was the sixth straight monthly increase in retail sales another positive economic news for Orange County.  Retail sales rose 0.2 percent in November, the Commerce Department said.  That was a lower gain than October's gain which was 0.06. 
This information shows that the economic condition is continuing to move in a positive direction.  There is a slow and stedy increase in retail sales.
… (4 comments)

2012 Prediction of More Jobs For Orange County - 12/17/11 02:07 AM
2012 Prediction of More Jobs For Orange County
Job market is predicted to get better first quarter of 2012 Orange County to add more jobs.  Manpower Employment Outlook Survey relessed a week ago stated that in the 1st quarter we would see and increase in hiring in Orange County.
The results show that 18 percent are going to add jobs while 8 percent will be expect to have layoffs, while 6 percent are not sure what will happen in the first quarter of the new year.
ManpowerGroup sees hiring strength in Orange County in manufacturing, particularly in medical devices.  I hope … (0 comments)

Home Sales and Prices Are Down in Orange County - 12/17/11 02:02 AM
Home Sales and Prices Are Down in Orange County
The Orange County home sales and prices are down which showes the weekness in the market.  Prices dropped in November, spurring more buyers into action in the Orange County market.  We are all seeing a counter to the usual trend sales are increasing in November and December. 
The increase is not seen by the reporting agencies that look at the statistics showing the sales that are closed.  We are seeing many more sales that have opened escrow.  This could be a very good sign that the market may see a move to … (0 comments)

Median Prices Have Fallen in Orange County - 12/17/11 01:55 AM
Median Prices Have Fallen in Orange County
The median prices of homes have fallen in Orange County to a 21/2 year low.  The median home price fell to $400,000 according to DataQuick Information Systems.  That is the lowest housing prices have been since April of 2009.
The median price is down by $50,000 or 11 percent from the post crash peak of $450,000 hit in mid-2010.  These are the prices we saw in May of 2003.  81/2 years ago. 
The market is definitely soft and it has been trending down.  However, agents in the area and my own business are indicating that … (0 comments)

Witness in Robo Signing Case Found Dead - 12/04/11 05:00 PM
Witness in Robo Signing Case Found Dead
In the first case on "robo-signing" in the nation 2 Orange County title officers had a strange twist.  A notary public who was to testify in the massive "robo-signing" case was found dead in her Las Vegas home.  Tracy Lawrence plead guilty in the alleged "robo-signing" case. 
Tens of thousands of homeowners were given default notices filed with forged signatures.  Nothing yet on how that will effect the over all case against Gary Trafford and Geraldine Sheppard.
This all to strange and will make a story that is far beyond a movie script.
… (17 comments)

Fewer Homes Have Upside Down Mortgage - 12/04/11 04:45 PM
Fewer Homes Have Upside Down Mortgage
14 percent of the Orange County homes are unside down in their mortgage.  The drop has occurred over the last two years according to CoreLogic.  At the end of the third quarter approximately 1/6 or the homes were upside down. 
17.6 percent of all homes in Orange County are worth less than the mortgage. 122,239 homeowners have 5 percent of less equity highest number of homeowners in 2 years. It is difficult to know if the ones on the bubble will stay positive or once again more homeowners will fall into the upside down homeowners.  We … (6 comments)

Low Inventory In Orange County is Positive For Sellers - 12/04/11 04:41 PM
Low Inventory In Orange County is Positive For Sellers
Low inventory is a challenge for Orange County, CA, which is a positive for the seller.  The inventory hit a low not seen since 2006 down 371 homes in two weeks total of 9172 homes for sale.  Many seller's take their homes off the market during the holidays,which could to cause a drop in inventory at the end of the year.
However, have you ever though about what that means to the seller who stays on the market.  There are fewer homes for the buyer to choose from and their home is more likely to be shown.  … (6 comments)

Life Is Good - 12/04/11 04:02 PM
Life Is Good
  One of my close friends sent me these 45 important to living a worthwhile life as an email the first is life isn't fair but still good.   I have to say as I looked over the list that I agreed with almost ever item.  I then though of what we have been teaching our children and our politics.  The me generation is incorrect.  It is not all about me.  When you fully embrace that life, no one wants to be with you because there is no room for them.    Envy is a sickness and is not … (8 comments)

San Clemente, Real Estate Agent Mark Paulson, Area Market Report 12/04/2011 - 12/04/11 03:56 PM
San Clemente, Real Estate Agent Mark Paulson, Area Market Report 12/04/2011
This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 10.6 percent, for new homes it is down 0.1 percent and for resale condos down 8.8 percent. The sales volume is down for resale homes 2.4 percent and down 1.7 percent on condos and down 26.5 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 0.7 percent and the sales volume is up 4.4 percent. Mission Viejo Zip Code 92692 sales prices are down 7.6 percent and the sales volume is up 1.8 percent. Aliso Viejo sales prices are down 2.3 percent and the sales volume is up 24.2 percent. … (2 comments)

 
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