Tag Archives: orange county short sales

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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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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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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November 30th Deadline Spurs Pending Home Sales

The breaking news in real estate is that pending home sales are up and have been for the past three months!  Why? Lawrence Yun, Chief NAR Economist, has the answer, “Housing affordability conditions have been at historic highs, but now the $8,000 first-time … Continue reading

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Can a Short Sale be Your Snorkel?

Zillow.com has some disheartening news to share, “In California, 32% percent of homes are worth less than what’s owed on them… Nationally, 22% of all homes are underwater…” And just in case you can’t take a company with a fluffy name seriously, … Continue reading

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