This last years market report for San Clemente and surrounding areas shows that Orange County Median Prices for the resale homes were down 7.4 percent, for new homes it is dowm 0.9 percent and for resale condos up 13.7 percent. The sales volume is up for resale homes 14.3 percent and up 28.5 pe
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02/08/2010
This weeks market report for San Clemente and surrounding areas shows that Orange County Median Prices for the resale homes were up 17.6 percent, for new homes it is up 27.4 percent and for resale condos up 13.7 percent. The sales volume is up for resale homes 8.0 percent and up 14.3 percent on
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02/08/2010
The number of Orange County homes selling for one million or more dollars fell for a fourth straight year in 2009 and were off by 11%. The homes that are one million or more were down nearly 60 percent since 2005. The sales of the under one million jumped 17.4 percent from the year before. Th
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02/05/2010
Did you see that the Irvine Company speeds up home building because of the success of there new home sales. Irvine Company bet that there was an appetite for new homes and it has paid off and they are now their program speeds up the home building. They bet that new homes would have an appeal in
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02/05/2010
The number of people who have signed contracts real estate contracts (pending sales) to purchase a home has increased or inched up in December which is an increase of 9 of the last 10 months. According to the National Association of Realtors seasonally adjusted index of sales agreements rose 1
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02/04/2010
Interest rates are not created equal. When a borrower is shopping interest rates for a home loan the two most important factors will be the loan to value and the borrower's middle credit score. The lower the loan to value and the higher the credit score the better the interest rate will be. Ob
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02/04/2010
Good news. Orange County has 4 of the top cities in the state for price gains for existing, detached single family home in California, according to the California Association of Realtors. At the top of the list is Laguna Hills, with a 62.9 percent jump. San Juan Capistrano had a 37.2 percent ga
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02/02/2010
Four executives in Orange County representing banking, fast food, high tech and housing all see a bright future and expect a turn around this year. Paul Folino, executive chairman of Emulex Corp spoke at Cal state Fullerton's Mihaylo College of Business and Economics. He stated we need to be p
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02/01/2010