Zen's Blog

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Real Estate Agent - Keller Williams Realty - 00998118

ARCHIVED BLOG POSTS

2008 

 Luxury-home builder Toll Brothers reported earnings this week which went hand in hand with the New Home Sales report out this year stating that new home sales hit a 13 year low in January of 2008.  On Wed, Toll Brothers said that its sales tumbled 23 percent due to losses in the first quarter as...
02/29/2008
  Some prices are actually rising in Orange County.  According to HousingTracker, home sellers' typical asking prices in Orange County's top half of the market rose this month for the first time since March. The 75th percentile price, or the median of the top half, increased 0.6 percent to $804,5...
02/29/2008
New single-family homes sales in the US fell to a 13 year low in January. The homes sales fell 2.8 percent in January to an annual rate of $588,000, which is the lowest since Feb. of 1995 stated by the Commerce Department.. It had been expected to be $600,000 by the economists. Also, the median s...
02/29/2008
2755 Solana Way in Laguna Beach is a rare opportunity to pick up a newly constructed pre-foreclosure Home.  This beautiful Horst Architect designed home was just recently completed in 2007 and has never been lived in.  Imagine owning a home where the builder has spared no expense and it has panor...
02/29/2008
All facets of the real estate industry have seen a tremendous pick up in activity and home sales here in the month of February.  Zen Ziejewski, Laguna Niguel realtor and resident, has seen a strong pick up in offers and accepted offers throughout South Orange County.  "This is the busiest I've se...
02/28/2008
According to a recent Orange County Register article in February distressed homes have increased to 31.6% of the total homes for sale.  Distressed homes would be bank owned properties (REO's) or short sales (Sellers that owe more then they are selling the home for).  Since Dec. 27, the number of ...
02/27/2008
Reports came out today from the California Board or Realtors which stated that homes sales for January 2008 are down 38% from that of last year in January in LA County and down 30% statewide. The median price for home in LA County fell 18.5% to the $460,000s. Let's hope the blossoming spring will...
02/26/2008
According to the National Association of Realtors, the median home price dropped to $201,100 in January of 2008, down 4.6% from $210,900 in January 2007. The median price in December was $207,000.I predict that the medium home price will fall below $200,000 in February once the numbers are releas...
02/25/2008
This mornings release of existing-home sales shows that they fell for the sixth straight month in a row during January of 2008 as pressure on the housing market refused to abate. Home resales fell to a 4.89 million annual rate, a 0.4% decrease from December's revised 4.91 million annual pace, the...
02/25/2008
Many borrowers haveare now shying away from Adjustable Rate Mortgages (ARM's) after the recent mortgage meltdown. As people shy away from adjustable-rate mortgages, they're becoming comparatively less expensive. Rates on fixed-rate mortgages spiked this week, as the rates on adjustable-rate mortg...
02/21/2008
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Zen Ziejewski

Laguna Niguel Real Estate
local_phone949-282-1454
smartphone949-391-3141
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My goal is to provide you with the most current real estate news, events, and statistics that effect the Orange County Real Estate Market.