Ocean Front Living in Laguna Beach - 01/29/08 01:23 AM
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How should a home seller approach the housing market? - 01/26/08 08:10 PM
For sellers, do not become overzealous given the latest developments. Given last month's demand, there are still 14,026 sellers who will not be successful in selling their homes over the course of the next month. There is tremendous competition, which includes sellers who are upside down on their loans and bank … (0 comments)
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How should a home buyer approach the housing market? - 01/26/08 08:09 PM
If you are a buyer, the economic stimulus package is designed to stimulate you. You are the beneficiary of legislation that increases your borrowing capacity, coupled with rates that drop your monthly obligation. For a buyer it's the perfect storm: historically low rates, increased loan limits for both conventional and FHA … (0 comments)
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What can we expect from the Orange County housing market in 2008? - 01/26/08 08:07 PM
The market is going to continue to ramp up as we enter the Spring Market, from Super Bowl through May. The active inventory will grow, but at a much slower pace. We can expect market time to drop through March. As soon as the economic stimulus package is passed and the … (0 comments)
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Orange County Foreclosure and Short Sale update - 01/26/08 08:05 PM
Even with the passing of the economic stimulus bill, we will not be out of the woods because we still have to digest the large number of foreclosures and short sales currently on the market, with more to come. 25.7% of the current active inventory is either a foreclosure or a … (0 comments)
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President Bush and Congress’ economic stimulus package effect on the OC housing market - 01/26/08 08:01 PM
Interest rates have dropped substantially in recent weeks and are reaching historic lows. President Bush and Congress' economic stimulus package that they are pushing through at warp speed will not only put checks into taxpayers pockets around May of this year, it will also include an increase to the conforming loan … (0 comments)
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Orange County Housing Market Update - 01/26/08 07:59 PM
As is customary for this time of year, the Orange County real estate market is beginning to rev its engine before we begin the Spring market. Agents are busy chauffeuring buyers around Orange County and open house activity had picked up. That has translated into offers being written and an increase … (0 comments)
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Monarch Beach December 2007 Housing Market Recap - 01/07/08 03:03 PM
For the month ending 12/31/07:
active listings: 97avg list price: $1,643,605avg days on market: 132
in escrow: 4avg list price: $1,721,750avg days on market: 27
sold: 6avg sold price: $1,625,000avg days on market: 131original list / sold price: 87.51%
The OC Coastal Group
Homes of DistinctionGarry Loss
Principal / REALTOR
888-OCC-Views
http://www.theoccoastalgroup.com/
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Laguna Niguel December 2007 Housing Market Recap - 01/07/08 02:54 PM
For the month ending 12/31/07:
market time (months): 11.02
active listings: 452avg list price: $933,000avg days on market: 103
in escrow: 39avg list price: $915,784avg days on market: 90
sold: 33avg sold price: $712,585avg days on market: 88original list / sold price: 88.14%
# foreclosures and short sales: 93% of active inventory: 20.6%
The OC Coastal Group
Homes … (0 comments)
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Laguna Beach December 2007 Housing Market Recap - 01/07/08 02:33 PM
For the month ending 12/31/07:
market time (months): 15.86
active listings: 221avg list price: $3,073,727avg days on market: 148
in escrow: 22avg list price: $4,106,512avg days on market: 157
sold: 14avg sold price: $3,052,428 avg days on market: 124original list / sold price: 80.73%
# foreclosures and short sales: 5% of active inventory: 2.3%
The OC Coastal … (0 comments)
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Dana Point December 2007 Housing Market Recap - 01/07/08 02:17 PM
For the month ending 12/31/07:
market time (months): 20.9
active listings: 306
avg list price: $1.4 million
avg days on market: 138
in escrow: 15
avg list price: $765,975
avg days on market: 92
sold: 17
avg sold price: $1,209,106
avg days on market: 168
original list / sold price: 86.79% … (0 comments)
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What can we expect from the Orange County housing market in 2008? - 01/07/08 12:47 PM
We can expect the Financial Crunch to continue to be felt through most of 2008. Demand for 2008 will most likely be off by about 20% overall compared to 2007, regardless of price range, with the small exception of homes priced above $2 million. With the financial crunch bearing down on … (0 comments)
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Orange County 2007 Housing Market Recap - 01/07/08 12:46 PM
First, let’s take a look back at what happened in 2007. We started the year with 11,223 homes on the market and 1,442 homes placed into escrow within the prior month. The market time started the year at 7.78 months, eclipsing the 2006 height achieved on July 17, 2006, of 7.51 … (0 comments)
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