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Discussing the latest trends in our local Real Estate Market for Orange County.
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2011
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Los Angeles Business JournalCalifornia home sales hit seven-month high in DecemberCalifornia home sales rose in December, posting their highest level since May, according to a report from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), as the inventory of unsold homes dwindled.MAKING SENSE OF ...
01/28/2011
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Smart MoneyReal Estate: Finally a good investment?The housing market still looks pretty bleak: There were a record 1 million foreclosures last year, home prices are still falling in many regions, and the number of "underwater" properties is at a record high.And things don't look much better in ...
01/21/2011
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The New York TimesA little-known strategy for cutting mortgage payments Homeowners looking to lower their monthly mortgage payments and reduce their interest rate may be able to do so without refinancing. A little-known strategy called recasting or re-amortization is available through some mor...
01/15/2011
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Los Angeles TimesWhen will housing come back in California? Five experts offer their views Although the steep decline of home prices in California ended in spring 2009, the weakness in the housing market after the expiration of federal tax credits for home buyers last year has led to some spec...
01/15/2011
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Sacramento BeeNovember home sales rose in state, Sacramento California home sales rose in November compared with October, but were down from the previous year, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The statewide median price declined from both the previous mont...
01/07/2011
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Los Angeles TimesHome-buying paralysis? Tips for getting the best deal fasterThe inventory of homes for sale has increased in recent months, causing some buyers to hesitate before making an offer on a home for fear a better home at a more favorable price will become available.KEEP THIS IN MIND• ...
01/06/2011
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The Wall Street Journal Hidden medical debt trips up homeowners Well-qualified borrowers with good loan-to-value ratios and steady employment are increasingly finding it difficult to refinance because of medical billing mistakes impacting their credit reports and scores, according to mortgage ba...
01/06/2011
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The New York Times When borrowers default on second homes Strategic defaulting – where the homeowner has the ability to pay the mortgage, but chooses to stop making payments – among affluent homeowners with second homes and investment properties is increasing. KEEP THIS IN MIND • Homeowners who ...
01/06/2011
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Patrick Canavan
Orange County Real Estate Voice
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