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Orange County

Holidays No Deterrent to Great Deals on Homes in Orange County

December 27, 2008

In the last week there were 170 homes new on the real estate market for sale in South Orange County in cities from Coto de Caza and Aliso Viejo, to Rancho Sana Margarita, and from Newport Beach to San Clemente.  Of those, 15 (almost 10%) SOLD, completed negotiations with buyers and opened escrow in the same week.  Absolutely amazing considering [...]

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Home for the Holidays – Making Dreams Come True

December 24, 2008

Home Sale Trends Show Stregnth During the Holiday Season
In South Orange County in the last three days 80 homes have been sold – which means that 160 “parties” (meaning buyers and sellers – be they individuals, families, investors, or groups of invesors) worked hard to negotiate a deal on a home in South Orange County [...]

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Orange County Homes Just Became Even More Affordable

December 12, 2008

Lower Interest Rates Means More Affordable Homes
Orange County home buyers watched today as interest rates on conforming loans droped to 4.75% on 30 Year Fixed Rate home loans.   That means any Orange County home for sale today will cost you less on a monthly basis - if your loan amount is equal to or less than $417,000.00.   And it [...]

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Orange County REO Update

December 6, 2008

Slow Down in REO Homes for Sale in the Orange County MLS
 
In a recent post, we discussed the Orange County REO sales trends for November, 2008 and reported that 43% of the REO homes sold in South Orange County closed for OVER the price listed in the MLS.
 
We’ve been saying that the REO market is [...]

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Orange County Real Estate – Buyers’ Market Update

December 2, 2008

What’s Happening Today in the Orange County CA REO Real Estate Market?
November Orange County REO Market Update
We’ve called the Orange County REO market the fastest moving market in the county today – homes selling at great prices and in faster time that the other two current markets (the Short Sales and the Equity Owners.)  Attached [...]

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It Just Got Easier to Buy a Home in Orange County, CA

November 25, 2008

Term Asset-Backed Securities Loan Facility – TALF
There is continuing good news in the home mortgage industry – helping make it easier for people to buy homes in Orange County and other areas across the United States.   This morning,  Tuesday, November 25, The Fed announced they’ve created the “TALF” -  Term Asset-Backed Securities Loan Facility - as [...]

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Don’t Wait til We’ve Hit the Bottom to Get to the Top

November 18, 2008

“Be fearful when others are greedy and greedy only when others are fearful.”  – Warren Buffet (world’s richest man)
As a home buyer in this current Orange County California real estate market  – either buying a home to live in or as an investment  - the question you have to ask yourself is whether you want [...]

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New South Orange County REO Homes for Sale – November Update

November 8, 2008

New Orange County REO Homes for Sale in November
Thirty-five new Bank Owned or REO homes came on the market for sale in South Orange County CA cities this month.  These are homes for sale at great prices in the Orange County cities of Aliso Viejo, Corona del Mar, Dana Point, Irvine, Laguna Hills, Ladera Ranch, [...]

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Year End Deals on Orange County Real Estate Are Coming – Be Prepared to Buy

November 6, 2008

Gearing up For Great Year End Deals Orange County Homes for Sale
As the year end approaches, expect to see hundreds of Bank Owned or REO homes in Orange County CA for sale at dramatically reduced prices.  We are about 18 months into the cycle of Real Estate foreclosure that is sweeping the nation.  In a time [...]

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Buying a Fixer, Damaged, or Deferred Maintenance Home in Orange County

October 14, 2008

Finding the Money to Buy One of the Great Deals on Homes For Sale in Orange County AND Repair the Damage
You know how discouraging it is to look at great homes for sale in terriffic neighborhoods in Southern Orange County California only to discover that the baseboards are missing, the once Cafe Latte carpet is now black with mold, [...]

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