Zen's Blog

Dataquick shows the latest home-selling stats for the 22 buisness days ending August 13, shows a median selling price for a single family houses at $499,500 - $234,500 or 32% below the peak of $734,000 hit in June 2007. This is the first time it's reached under a half-million bucks since December...

Existing-home sales jumped up in July, rising more than expected, but inventories have expanded and prices keep dropping. On Monday, the National Association of Realtors said that home resales rose to a 5.00 million annual rate, a 3.1% increase from June's revised 4.85 million annual pace. The me...

On July 25, 2008 industry data reported incidents of mortgage fraud had jumped 42% nationwide, with Florida reporting the highest number of cases. According to the Mortgage Asset Research Institute, Properties in the Sunshine State accounted for nearly a quarter of all mortgage fraud incidents. ...

The buying trend continues with Orange County home buying statistics up 10% in Early August.  According to Data Quick information systems, the latest home selling statistics in Orange County shows that home buying is up 10.4% versus a year ago.  Sales totaled 2,718 for the 22 business days ended ...

Short Sales are here for several years to come.  Find out what you need to know about the current Orange County real estate market and how short sales are impacting the market by listening to Zen Ziejewski's August 2008 Podcast.  This podcast will help you learn more about the short sale market a...

One of the great annual events in San Juan Capistrano is taking place this weekend.  It's the Rancho Mission Viejo Rodeo in San Juan Capistrano this Saturday and Sunday, August 23rd and 24th.  This brings back the tradition of cowboys and the ranch lands of Orange County.  The event will include ...

Motivated by falling home prices, buyers got moving  and pushed sales up 17 percent over last year, ending a 33-month homebuying slump in July. DataQuick reported that last month's sales jumped to 2,799 houses, condos and new residences, topping the July 2007 number by 408 units. The last time O....

In July, Orange County's unemployment rate rose to 5.7 percent from a revised 5.3 percent in June. As local employers shed 10,000 jobs in July, the state's Employment Development Department said Friday. This is the highest unemployment rate since July 1995 for Orange County. The number of residen...

Here's your last chance to get some FREE Rock n' Roll in Rancho Santa Margarita.  The final free concert of the summer begins at 6pm this Sunday August 17th, 2008.  The Roling Stones tribute band, Jumping Jack Flsh will perform in Central Park at 30842 La Mirnada.  For more info see www.cityofrsm...

According to RealtyTrac, an Irvine-based company that tracks foreclosures nationwide, bank repossessions of homes in Orange County has jumped to 1,503 in July from 1,093 in June, a 37 percent increase. Such repossessions, also known as REOs (real-estate owned) in the trade, are running way ahead ...