Zen's Blog

The Ocean Institute located in the harbor of Dana Point, CA is nationally known for its hands-on marine science, environmental education and maritime history programs. The beauty is that children (more than 110,000 K-12 students) participate in the Institute's 61 award-winning, immersion style pr...

According to the California Foreclosure Report for June 2009, California's foreclosure sales increased 24.7%. During June in Orange County, Notices of Default were at 2,486, a 16.2% increase from May where Notices of Default were at 2,139. Foreclosure sales also increased in June with sales at 91...

The market share of refinancings has dropped to its lowest point since November 2008, according to the Mortgage Bankers Association. The group's Weekly Applications Survey Market Composite Index, an overall measure of mortgage applications, fell over 7% on a seasonally adjusted basis.  Refis only...

   Newfound signs of stability in the housing market could still be threatened by rising foreclosures and slow efforts to stop them, according to two reports released Tuesday.    The Standard & Poor’s/Case-Shiller index of 20 major metro areas showed the smallest monthly decline since June 2008. ...

In the market for a home? Or perhaps you're just seeing multiple homes now and haven't yet honed in on the one that might be your future home. Here are some things to be looking out for, before you get your heart set on a home that may not be as fit as it appears. Realtor Hillary Caston gives som...

The Federal Reserve today said it will continue to buy up to $1.25 trillion in mortgage securities by the end of this year and that it is maintaining its target for a benchmark interest rate at between zero and 0.25 percent. Some market watchers have hoped the Fed would buy more securities than p...

The California Association of Realtors issued news from HUD today stating that home buyers will now be able to use their federal tax credit toward the down payment of their home. For more information visit the link I've posted below. http://www.car.org/newsstand/newsreleases/fhadownpayment/   You...

Effective immediately, an REO lender or buyer whoacquires title through a foreclosure sale must give at least a 90-day notice to terminate a bona fide tenant as defined.  A 90-day notice to terminate is sufficient for a month-to-month tenant or if a new owner will occupy the property as a primary...

If your real estate license expires this month, renew now or it’ll cost you about $250 more to renew it in July. Effective July 1, fees for real estate licenses, license renewals and license exams are being increased to the maximum allowed by law. Hence, fees are going to double for salespersons ...

The pending home sales index, rose 6.7% to 90.3 in April from 84.6 in March, the largest increase in more than seven years and the third consecutive monthly increase, according to the National Association of Realtors. It was far better than an expected 0.5% increase, and is 3.2% higher than a yea...