ARCHIVED BLOG POSTS
2008
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In Orange County, foreclosures have shot up 49% since last December. Reports are showing that the lowest priced foreclosures are being bought quickly while the higher priced homes, though competitively priced, are staying on the market longer. An agent in Orange County sponsored a REO Bus for the...
05/19/2008
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In today's OC economy, even the toll roads are facing a downturn in business. With the slow economy and rising gas prices the traffic on the toll roads has been decreasing. The San Joaquin Toll way has taken a 2% loss from last year. This is their second year in a row reporting losses. The 91 Exp...
05/15/2008
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In Orange County, it is reported that all home sales in the first quarter of 2008 calculate that SFRs are down 3.9% from the last quarter in 2007 and down 17.2 from last year. Condo sales are down 4.0% and down 17.5% from last year. In Laguna Niguel home values have decreased by 13.1% in the yea...
05/13/2008
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The dire headlines are coming in fast and furious. The financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now. Can this be real? Yes, for sta...
05/13/2008
DataQuick's latest figures on OC's housing market show that 10 of the 83 ZIP codes have increased home sales and 13 ZIP codes have price increases. For the 22 business days ending April 22, sales for all types of Orange County home sales decreased 31.1 percent. The median sales price decreased 19...
05/13/2008
Are you paying too much taxes this week to Uncle Sam?Are you happy with the taxes you have to pay? Then you may need to re-evaluate your real estate strategy. With the elections coming in 2008 and the possibity of higher taxes now is a great time to prepare and lower your taxes. In addition, w...
05/01/2008