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orange county: Amazing Gift of 20,000 Acres of Rugged Open Space Completed by The Irvine Company to the County of Orange - 06/30/10 02:42 PM
It's a Gift to the County of Orange.
The Irvine Company and its owner Donald Bren has gifted a rugged 20,000 acre parcel of land to the County of Orange.
This 20,000-acre parcel at Black Star Ranch was part of original Irvine Ranch, landscape of steep canyons, native grassland and sycamore woodland, home to golden eagles, mountain lions and dozens of rare and endangered species of plants and animals.
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The county of Orange accepted this gift on June 29, 2010, in a huge deal with The Irvine Company and Bren, who has been responsible for crafting parcels of open space land at Orange … (0 comments)
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orange county: Orange County Housing Market Trend Favors Sellers - Low Inventory of Listed Homes - 06/24/10 01:30 PM
The Orange County, CA, supply of resale homes listed for sale in May 2010 dropped to five months and 24 days.
It would theoretically take that long to sell all homes now listed at the May 2010 sales pace.
That's the lowest O.C.'s "unsold inventory" has been during 2010 and among the lowest since the housing boom ended in 2005. This trend definitely favors the sellers.
O.C.'s May 2010 inventory is below a countywide average dating back to the early 1990s, and the average supply of listed homes during that time is 7.8 months.
The O.C. decreased inventory is perhaps because of spike in sales.
… (0 comments)
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orange county: Orange County and Anaheim "Walking on Sunshine" Video - 06/23/10 03:59 PM
See this great and fun Orange County "Walking on Sunshine" video at YouTube - click here.
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Harrison K. Long, REALTOR® & broker, Explore Group, Coldwell Banker Previews, Irvine, CA. CA DRE #01410855. ExploreProperties@gmail.com. 949-854-7747. National Association of Realtors, California Association of Realtors, and Orange County Association of Realtors. California State Bar Association #69137. Serving Laguna Beach, Irvine, Newport Beach, Newport Coast, Costa Mesa, and South Orange County.
www.CostaMesaLive.com
www.NewportCoastLive.com
www.CoastLivingHomes.com
www.LiveAtNewportBeach.com
www.LiveAtIrvine.com
www.LiveAtLagunaBeach.com
www.ExploreOCHomes.com
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orange county: Orange County Property Values Should be Helped by Recent Private Business Employer Hiring - 06/19/10 12:39 PM
The Orange County economy and property values should be helped by recent news of private business hiring.
Orange County employers increased hiring in May for the fourth month in a row, and unemployment was down to 9.2% from 9.5% in April.
Unemployment at OC is still too high, and jobs need to be encouraged in the private business sector (not government jobs).
The 9,100 new local jobs created in May was the highest since February's 10,600. This hiring was not just a temporary boost. Excluding federal employment, Orange County's private employers added 7,300 net new positions.
This is good new for Orange County and … (0 comments)
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orange county: Anaheim ~ Home to the "Happiest Place on Earth" and Busy Local Housing Market - 11/24/09 11:23 AM
As home to the "Happiest Place on Earth" ...
and the third largest city in Orange County, Anaheim also has a busy local housing market. With 344 pending homes sales at range of under $500k, and only 189 homes for sale in that range, Anaheim needs more equity listings (not short sales).
Anaheim 92806 is very popular as an area for homebuyers. Most detached homes in this area were built in the 1960s and 1970s, many ranch style with single level.
92806 has three times as many pending sales of detached homes at under $500k as compared with those now for … (2 comments)
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orange county: Will Expected Extension of Homebuyer Tax Credit Help Our Real Estate Clients? - 11/01/09 01:03 AM
Will the Expected Extension of the US Homebuyer Tax Credit help business in our state, be a boost for our clients, the housing market and be good for our US and local economies?
Good question, and we will all see what develops, whether the measure can be worked out between Senate and Congress, and if it passes whether Obama will sign it into law. Then we'll see how buyers and consumers react between December 1 and April 30 of next year.
WE NEED ENCOURAGEMENT FOR HOME SELLERS HERE AT ORANGE COUNTY. Too many are nervous and waiting to sell their homes. Our local markets … (85 comments)
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orange county: Job Growth at Orange County Expected During 2010 ~ Cal State Fullerton Economy Forecast - 10/27/09 10:30 AM
Job growth and employment figures aren't very sexy as topic for a blog article, but it's good to hear expert economist Anil Puri at Cal State University Fullerton make some positive predictions about Orange County. He sees job growth in 2010.
Cal State Fullerton's 2009 economic forecast now released with comment by Anil Puri, dean of the Mihaylo College of Business and Economics. This expert had predicted in April 2009 that the economy rebound but not quickly.
Good news for workers ~
Orange County payrolls should start showing job growth in second half of 2010. OC employers will add about 9,900 net new jobs next year (which is off the average annual … (2 comments)
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orange county: Buyer Demand Wiping Out REOs at Irvine Housing and Local Real Estate Market - 10/05/09 03:26 PM
Buyer Demand is Wiping Out REOs at the Irvine Housing and Local Real Estate Market. Trend for local market shows huge buyer demand for REO homes and that the market doesn't have enough listings to support.
Homes sold at Irvine, CA, last thirty days (ending September 29, 2009) - 170 homes Regular equity sales last thirty days - 131 REO homes sold last thirty days - 16 Short listings sold last thirty days - 23 More than half of homes sold were between $500k to $1 million
Irvine homes now listed for sale at SoCal MLS ~ 506 homes for sale (not enough). 345 of those … (6 comments)
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orange county: Interesting Coincidence: Orange County Home Sold Prices Rose Almost $8K During August 2009 v. July - 09/17/09 07:19 PM
The Orange County median home sold price was up almost $8,000 in August from July 2009.
Coincidence is and on lots of minds these days that the $8,000 US First Time Homebuyer Tax Credit expires November 30, 2009.
My prior article ~ Act Now Before It's Too Late ~ Take Advantage of Your First Time Homebuyer Tax Credit.
Median sold price of an OC home was $427,750 in August 2009 ~ per MDA DataQuick. August's median sold price is the highest that Orange County has seen in 10 months, but down about 3% from same time during 2008. And it's down more than 30% from all-time high in June 2007.
Home Prices Rise … (0 comments)
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orange county: Dove Canyon ~ Rancho Santa Margarita's Premier Residential and Private Community - 09/17/09 03:53 PM
Dove Canyon - Rancho Santa Margarita, South Orange County ~ premier residential community designed and built around Dove Canyon golf club and its course.
With about 1,200 homes and 5,000 residents, Dove is located in the foothills of South Orange County on the south and east side facing toward Saddleback Mountain.
Inside the guard-gated entry is a Jack Nicklaus signature golf club, pool, tennis courts, child's park, play field, shopping center, and water reservoir. All homes in Dove are single-family residences.
A horse trail starts outside the community gate and continues to Sycamore Canyon, where hikers, horse riders, bikers, go into neighbor community, Coto de Caza.
Homes at Dove range from asking price of $599K to … (0 comments)
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orange county: Upswing Continues for Orange County Home Sales - 09/11/09 02:52 PM
The Orange County Housing Market has heated up even more these days. Those of us involved with real estate sales at Orange County have known for several months that buyer demand and sales have improved, particularly for homes at under $500k.
We and other Orange County REALTORS and real estate professionals have written and presented lots of purchase offers during the past ninety days.
Why aren't some purchase offers been accepted? Here's our experience:
Heated buyer demand Competition from other buyers Multiple offer situations Some buyers have expectations of success based upon 2008 slow market FHA buyers with 3.5% down are unable to compete with … (2 comments)
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orange county: Orange County Homes Are Too Low in Price ~ One Real Estate Analyst Says - 09/10/09 01:35 PM
Are Orange County, California, homes too low in price? Real estate analyst at IHS Global Insight, says so.
IHS Global based this upon mathmatical and economy formula and found that Orange County homes were priced 10.6% too low ~ second quarter 2009.
IHS Global Insight said that it uses formula with regional real estate and economic data, blending selling prices, incomes and interest rates.
See Jon Lansner article, Orange County Register ~ OC Homes Seen Too Low in Price (click here).
I don't know whether this news and particular economy formula has signficant value other than to consider historical perspective and compare to current sold prices. But the position taken on … (2 comments)
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orange county: Hot Market for Homes Under $500K at Orange County - 08/22/09 10:31 AM
Our Orange County, California, communities with homes for sale under $500k are very busy these days with homebuyers.
Irvine has 167 homes now for sale in this range ... amazing that huge number 204 homes are now pending or in escrow.
Aliso Viejo has 77 homes now for sale at this range, with huge number of pending sales at 166.
Costa Mesa has 63 homes for sale at this range ... 104 now pending and in escrow.
Lake Forest has 74 homes for sale at this range ... with incredibly high number at 198 pending and escrow.
Mission Viejo has 128 homes … (7 comments)
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orange county: How to Get and Use the First Time Homebuyer Income Tax Credit Money - 07/28/09 12:03 PM
How Does the Buyer Use and Take Advantage of the First Time Homebuyer U.S. Income Tax Credit? See and download form 5405 from IRS website ~ Form 5405 "First Time Homebuyer Credit" (click here). The credit is for up to $8,000 or 10% of the purchase price of the new home with an $8,000 maximum. For a 2009 purchase the buyer has the option of claiming the credit on their 2008 return or their 2009 return. This is a fully refundable credit, so there isn't a reason to wait. This IRS form 5405 (click here) is to be filed with form 1040X Amended 2008 US Individual Tax … (3 comments)
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orange county: If You Can Find a Condo to Buy Without Competing Offers, Good Deals Are There for You - 06/28/09 02:13 PM
Many of the condos we preview with customers and buyer clients here in Orange County are nice and priced well according to market. So these well priced homes get lots of investor and buyer interest with competing offers.
The median sold price of OC condo was down to $263,500 in May 2009, which is down 44% from peak of $470,000 in 2006. But this doesn't alone mean you will can get the good condo deal.
Most of the condos sold in OC during May 2009 were distressed homes and not regular equity situations. Times have changed, and it's challenging for buyers to find a home that's nice, with attractive price, where you can … (0 comments)
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orange county: Irvine, CA ~ Not Enough Equity Listings On the Market ~ Local Housing Market Update - 06/08/09 06:50 PM
With some of the best residential neighborhoods and homes at South Orange County, Irvine is located adjacent to Newport Beach, Laguna Beach, Newport Coast, and within a 10 minute drive of the Pacific Ocean at Crystal Cove.
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Irvine is famous for its pleasant weather, lots of sunshine, award winning public schools, healthy business climate with good job opportunities, the University of California Irvine, wonderful parks and recreation areas, encouragement for business and development, diverse backgrounds of residents, celebration of freedoms, places for freedom of worship, and one of the safest cities in the United States.
LOCAL HOUSING MARKET REPORT ~
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orange county: Orange County Housing Market Report ~ REO Homes Continue To Sell Quickly ~ May 2009 - 06/03/09 05:43 PM
... great place to live and work ...
with beautiful canyon areas, good wetlands and wildlife, Pacific Ocean coastlines and lots of blue water, fantastic views toward mountains during winter, flat and sandy beaches, mild and pleasant climate almost all year.
We continue to have lots of distressed homes on the market here in Orange County, either REO lender owned, in foreclosure, or short listings.
REO homes continue to sell quickly and with multiple offers.
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ANAHEIM ~
During May of 2008, there were 43 REO homes sold. During May 2009, there were 95 REO homes sold. Average time on market … (0 comments)
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orange county: REO Homes Selling Well in Orange County ~ REO Market Report ~ April 30, 2009 - 05/02/09 02:38 PM
... is a great place to live and work, with some of the most beautiful canyon country, good wetlands and wildlife, Pacific Ocean coastlines and lots of blue water, fantastic views, flat and sandy beaches, and mild and pleasant climate almost all year.
We continue to have lots of distressed homes on the market here in Orange County, either REO lender owned, in foreclosures process, or short listings.
REO homes continue to sell at a fast pace here at Orange County, California.
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ANAHEIM ~ During April of 2008, there were 40 REO homes sold. During April 2009, there were 85 REO homes sold.
... an amazing jump … (2 comments)
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orange county: Virgin America Airlines Starts Flying Commercial Aircraft In and Out of Orange County John Wayne Airport - 04/30/09 09:07 PM
Virgin America Airlines begins flying in and out of Orange County, California ... John Wayne Airport.
We live and work about 15 minutes from this airport, and the idea sounds good to me.
Perhaps it's because we have some of the best climate in the United States and the world ... with sunshine almost all year and on lots of winter days.
Maybe it's the beachgoing weather for sun and sand during spring, summer and the fall.
And could possibly be because of our many healthy businesses that employ lots of people and support the local economy.
Virgin announced introductory $49 one way fares to and from … (4 comments)
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orange county: Green Task Force at Orange County Association of Realtors - 04/27/09 07:40 PM
Going Green is the Thing at the Orange County Association of Realtors (California).
OCAR is Indeed Going GREEN ~
"What Green Can Do For Your Business" ~ Message to Realtor agents and OCAR members.
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Offering the new National Association of Realtors ~ GREEN designation course for members during September 2009 ~ training for new GREEN paradigms, GREEN communities, GREEN homes and buildings, GREEN buyers, owners, tenants and sellers, and GREENING of our Real Estate Practice.
Realtors working with owners and sellers will explain actions that can reduce energy and water waste and also appeal to buyers' money concerns and environmental tendencies.
Realtors working with buyers will describe … (4 comments)
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Harrison K. Long, business, REALTOR®, GRI, Broker
Irvine,
CA
More about me…
Explore Group, Coldwell Banker Previews, Irvine, South OC
Address: 6833 Quail Hill Parkway, Irvine, CA, 92603
Office Phone: (949) 854-7747
Cell Phone: (949) 701-2515
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