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Mission Viejo Real Estate Inventory Keeps Falling

December 18, 2009
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The inventory of homes for sale in Mission Viejo and other cities in the Saddleback Valley area of Orange County continues to fall, as it has across the nation.
Two and a Half Years of Falling Inventory
While the number of homes sold continues a climb from 3-year lows, the number of Saddleback Valley homes for sale [...]

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Extended and Expanded Tax Credit

November 12, 2009

There’s good news for home buyers seeking homes for sale in Orange County, and Real Estate in Irvine and other local cities should be affected.  New legislation has extended and expanded the old “First Time Home Buyer Tax Credit” – it now applies to people who already own home as well.  The picture of the [...]

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Previewing The New Good Faith Estimate for Orange County Real Estate

October 23, 2009

The new Good Faith Estimate makes its debut January 1, 2010.
Expanded from 1page to 3, the legislators responsible for the new Good Faith Estimate want it to be simpler for homeowners and home buyers to understand than the former version.
By most accounts, Congress will meet this goal.
The new Good Faith Estimate includes plain-English explanations of every [...]

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Orange County Real Estate – Pending Homes Sales Gain Again

October 7, 2009

Is Some Momentum Building?
Buoyed by a generous tax credit, affordable homes, and low mortgage rates, the Pending Home Sales Index posted its seventh consecutive monthly gain in August.
It’s the longest winning streak in the index’s history and the highest reading in 2-1/2 years.
It’s also another signal that the housing market is in recovery.
“Pending home sales” are [...]

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The Case-Shiller Shows Home Prices Are Still On Their Way Up

September 30, 2009

For the second month in a row, 18 of the 20 Case-Shiller real estate markets posted higher home values.  It’s the 6th consecutive strong showing for the benchmark private-sector housing index.
Combined with falling home supplies and rising sales figures, this month’s Case-Shiller Index suggests that housing may have bottomed sometime earlier this year.
It’s cause for optimism.
Even Case-Shiller [...]

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Proposed Legislation to Expand First-Time Buyer Tax Credit

September 28, 2009

Senator Johnny Isakson has introduced new legislation that would significantly expand the existing first-time home buyer tax credit. Isakson is a Republican from Georgia, but he was joined by a bi-partisan group of co-sponsors, including Senators Chris Dodd, a Democrat, and Joe Lieberman, an Independent.
Key Provisions

The maximum amount of the credit would be increased from [...]

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Seven Tips for Home Sellers

Living Room Ready for Buyers Thumbnail September 25, 2009

Whether it’s condo homes for sale in Irvine, or large equestrian estates in Coto de Caza, homes that are properly prepared by their owners have a better chance of selling quickly in the Orange County Real Estate market.
How to Make Your Home Attractive to More Orange County Buyers
The key to getting your house ready to [...]

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Get Informed about Bank Owned Homes – Before They’re Listed

September 23, 2009

Wouldn’t it be cool to know about REO properties in the Orange County area before everyone else? We create a custom blog for every house we list with basic info, pictures, video, and updates about the status.

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Apprais-Hell!!

June 26, 2009

Appraisals for loans for Mission Viejo Real Estate, and all Orange County homes for sale, are causing buyers problems today.
Home buyers in Orange County, CA Beware!!
With the implementation of HVCC, the appraisal process has changed, and the changes are causing a ton of problems – like escrows falling apart, contracted contingency removal time frames being [...]

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Rancho Santa Maragarita House Sells in 7 Hours!

June 24, 2009

It really is a seller’s market in South Orange County Real Estate today!

This adorable home in Rancho Santa Margarita sold in 7 hours!  Well, it took a little longer than that to get the paperwork all straightened out, but the house hit the MLS at noon and an awesome offer came in at 7.  Can [...]

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