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realtors: Scary Hot Housing Market & Challenging Times ~ Orange County, CA - 10/22/09 12:09 AM
Scary Hot Housing Market at Orange County is just about right, especially for homes under $500k. We see homes in this range come onto the market and get multiple offers within 24 hours, with many of these homes going for over asking and for all cash.
To Sellers Advantage. They can wait for the best offers where buyers pay more than asking, some with all cash, waiving contingencies and some appraisals.
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Christi wrote this article about our local OC housing market ~ "As Good As Gold ~ Homes Under $1M at the Orange County, CA, Housing Market" (click here for link to article).
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realtors: 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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realtors: Take Advantage of the $8,000 U.S. Income Tax Credit ~ Buying Your First Home - 07/14/09 05:56 PM
Buying your first home? Take Advantage of the $8,000 U.S. Income Tax Credit that's offered. Speak with your REALTOR® about opportunities presented by this law allowing for U.S. income tax credit now available to first-time homebuyers.
The amount of tax credit will be the lesser of either 10% of the home's cost or $8,000.
This tax credit will sunset on November 30, 2009. So you must get your home purchase started and concluded with escrow & closing by that date.
This tax credit is available to qualified first-time homebuyers for the purchase of a principal residence between January 1, 2009 and no later than November 30, 2009.
Qualified first-time … (0 comments)
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realtors: Your Local and State Association of REALTORS® Provides Excellent Information For Buyers & Sellers - 04/17/09 10:55 AM
Reliable real estate and CUSTOMER SERVICE information is available at your local and state association of REALTORS®.
Our California Association of Realtors does a superb job of providing information for consumers and homebuyers, and so it also helps us as REALTORS® and agents.
Possible Income Tax Credits For First Time Homebuyers ~
California first time homebuyers might qualify for up to $18,000 in income tax credits for buying his or her home during 2009.
The first-time homebuyer credit up to $8,000 is under US law, and a new home income tax credit up to $10,000 is under California law.
See The Homebuyer Tax Credit Chart published by California Association of Realtors … (1 comments)
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realtors: Housing Market Update ~ Irvine, CA ~ April 15, 2009 - 04/15/09 04:08 PM
With some of the best residential neighborhoods and homes at South Orange County, Irvine is located next to Newport Beach, Laguna Beach, Newport Coast, and within a 10 minute drive of the Pacific Ocean at Crystal Cove.
Irvine is famous for its pleasant weather, lots of sunshine, excellent and award winning public schools, healthy business climate with good job opportunities, the University of California Irvine, encouragement for business and development, diverse backgrounds of residents, celebration of freedoms, places for worship, and one of the safest cities in the United States.
As of today, April 15, 2009 ~ there are 743 homes listed for sale at Irvine ... with average list price of homes is $690,375 ... with average time on the market of 87 days. … (1 comments)
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realtors: Improved Home Affordability ~ at The OC, California - 04/15/09 10:28 AM
Some people say that HOME AFFORDABILITY is the crucial factor on whether and when we will have a rebound in the Southern California housing market.
Jon Lansner reported on April 14, 2009 ~ OC home affordability back at 2001 level ~ citing experts of local experts who said that the monthly cost of homeownership has fallen signficantly from the peak in this cycle, and that's because of decline in home prices, the decline in mortgage rates and increase in incomes.
Better home affordability is possibly also because of income tax credits offered for first time homebuyers.
This improved home affordability during recent months has inspired some buyer and consumer confidence in real estate having true value.
Our recent experience while … (1 comments)
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realtors: Your Realtor® Is Primary For Your Success ~ Get The Best Deal on an REO - 04/02/09 10:46 AM
Everybody seems to be looking for a "GREAT DEAL" on an REO or bank owned home.
Folks are using public access sites, Zillow, Trulia, Realtor.com, ColdwellBanker.com, etc., and sometimes think they are experts ... with significant information to get a great deal on an REO.
But wait! There is so much more to buying a home or property, especially an REO or bank owned, than what you find on public access or pay for service web sites.
Always use a qualified REALTOR® in your REO purchase and sale transaction, and your Realtor's® role will be primary for your buying success.
Why use your own Realtor® ?
1. You need to have your own real estate … (2 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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