Category Archives: Orange County Short Sales

What Does the Moratorium Mean for Orange County?

The OC Register asks, “Will the moratorium ending impact south coastal O.C. in any way?” The 90-Day Moratorium was pushed into law by the state of California to help slow the flood of foreclosures hitting the market and encourage lenders to work … Continue reading

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OC Home Prices Stop Plummeting

“Home prices continued to tumble in April, falling 18.1% from a year earlier — but the change from March narrowed sharply, indicating that housing markets may be starting to turn.” That little burst of sunshine is from CNNMoney.com. But they’re also quick … Continue reading

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Short Sales No Longer on Shaky Terms

We reported it here first folks, short sales will work if you have the right agent and the right paperwork in place. Now, the OC Register is switching its once gloomy short sale song for brighter notes, one savvy OC realtor, said of … Continue reading

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Should I Do a Short Sale of My Home? eBook is Bogus

Hello, we are in a recession. Most people seeking out a short sale don’t need an eBook they need an eRescue! And any savvy homeowner knows the right realtor is what really makes the difference. Heck, even the supposed Orange County authors … Continue reading

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Echo Boomers: Time to Kiss Your Mommies and Your Roomies Good-Bye!

The first time we ever heard the term “echo boomer” was today over at CNNMoney.com. The term refers to “the 75 million Americans born between 1979 and 1995.”  The demand in housing will swell dramatically over the next decade to house all … Continue reading

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Incoming Foreclosures Delayed

 Not so fast California!  Lenders are trying to buy more time by delaying foreclosures. But the inevitable will happen and the backlog will eventually hit the market, check out these handy stats from the L.A. Land blog by the L.A. … Continue reading

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Tempting Talega on the Short Sale Slate

Talega is a newish master community down in San Clemente, described as “situated on 3,500 acres just up the hill from the Pacific Ocean, offers a classic beachtown lifestyle perfect for families.” Another reason it’s perfect for families?  Almost 43% of Talega’s … Continue reading

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California at the Forefront of Foreclosures

Just read this little nugget over at CNNMoney.com, “The foreclosure problem is widespread but reaches plague proportions in 10 states; those hardest-hit areas account for 77% of all foreclosure filings. California had more than any other state with 92,249 – nearly 29% of … Continue reading

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Over/Under: The Housing Game

 Les Christie, at CNNMoney.com wrote an interesting article, “Most over- and under-valued housing markets” discussing why investors are returning to the real estate market, “Home price declines have sent affordability soaring. Prices have fallen so far that the average U.S. home is now undervalued … Continue reading

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Realtors Are On Our Side

Last Thursday the California Association of Realtors met in Sacramento, CA. CAR Executive Vice President, Joel Singer, rallied his downtrodden troops, “In a sense, what has occurred is probably in our best interest.” The California house price median drop from nearly $600,000 to … Continue reading

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