Nic Petrossi (714) 272-3646 Market Update April 2009 Placentia Homes for Sale | Yorba Linda Homes for Sale

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Real Estate Agent with TNG Real Estate Consultants

Below is an awesome video from Mortgage Professional Mike Munzing:

Click Here for Video ------>   VIDEO

This is an awesome update Mike shot using a video camera and posting on YouTube

Mike goes through the current mortgage rates, gets into graphs and charts dealing with how many foreclosures we have, how many NOD (Notice of Defaults) for March 2009, and also mentions ways to contact Mike using Facebook and Twitter.

Highlights of the video:  Over 54,000 Notices of Default in California in March (all-time high).

Fortunately the subprimes have peaked, have come and are going away.  The negative amortization loan defaults are on a rise for NOD's. 

To search homes for sale in Placentia, Yorba Linda, Brea, Fullerton, Anaheim Hills or anywhere in Orange County, go to my website ------>  Click Here for Nic's Website  to search the MLS.

Good News!!!  The number of months of inventory is just over 2 months which is a huge drop, people are buying homes and the market is really heating up here in April.  The $250,000 to $500,000 range is the hottest market.

Nic Petrossi  (714) 272-3646    President's Circle Award Winner, Top 3% of Prudential Agents in America

Prudential CA Realty 

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