While the housing market continues to slow in California, foreclosure properties are on the rise throughout the state. Orange County, California is not immune to the whole foreclosure process, and has experienced a climb in the number of foreclosure filings over the last year, particularly the
...
08/21/2008
California Governor Arnold Schwarzenegger has been working with Steve Preston, to bring additional funding to support affordable housing and development in California. Steve Preston is the United State’s Housing and Urban Development (HUD) Secretary, and has stated that California will receive $
...
08/20/2008
Orange County, California is one of the most desirable locations for homeowners in the state and perhaps the nation. With the average home price in California on the rise, combined with the slowing housing market, many prospective homebuyers are choosing to purchase foreclosure properties throug
...
08/20/2008
Name: Pugsly Cage #: A0906926 Breed: Pug Age: 9 yrs Sex: Male This week’s featured Pet of the Week for the City of Fullerton is “Pugsly” a nine year old, neutered male, tan and black, Pug, ID# A0906926. “Pugsly” is an older boy who still has lots of love to give. He is looking for a caring fam
...
08/19/2008
All across Orange County, more homeowners are entering foreclosure. Notices of default, the first stage of foreclosure, increased in every ZIP code in the second quarter vs. a year earlier, except for two in Newport Beach: 92662 and 92661.This map shows where defaults increased the most. Please n
...
08/19/2008
This is a buyer’s market so obviously the numbers are encouraging to them, not sellers. But, if you think the market is stagnant, if you think people are sitting around waiting, you would be wrong. It is not unusual for any property under $600,000, but especially for a bank owned one to have 6 t
...
08/12/2008
Again, The Kiplinger Editors have interesting data on Southern California. It is important to mention because again, they are experts on California and their information is regional, not national. What do they say? Tourism is getting a huge boost because of how strong the Euro is right now. “Hig
...
08/12/2008
Real Estate Economics, a homebuilder consulting firm in Irvine has this to say about the Orange County housing market: “Opportunity/Risk Index currently resides slightly below equilibrium, but the trend is toward equilibrium. Any O/R index above equilibrium represents market opportunity, and any
...
08/12/2008
This is probably the biggest hurdle the real estate industry has to get over in the minds of consumers. Unfortunately a lot of the news out there is the dismal outlook for national housing. Regions such as the mid-west, specific cities such as Detroit, or sub-prime havens such as Riverside and S
...
08/12/2008
Increasingly, the world's leaders are resembling the Ancient Roman Circus: causing problem-after-problem, finding a scapegoat and then offering a solution that only makes matters worse. Reading the Hanley Wood Market Intelligence website's housing sector statement is like reading the report card
...
08/10/2008
