Tag Archives: short sale listings

Don’t Bank On It: Banks Struggle to Sell Properties in Cali

Posted on May 22, 2009 by Minda Reves

This probably isn’t news to our devoted Orange County readers, but I’ll put it out there anyway, Mathew Padilla over at the OC Register’s Mortgage Insider is reporting “bank owned homes sell slowly on the coast.” He lists a few reasons for … Continue reading →

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A New Wave of Short Sales Coming

Posted on May 21, 2009 by ShortSense

There have been a lot of articles written lately about the coming wave of option ARM resets that are set to occur mostly between 2010-2012 (investment bank Credit Suisse has a detailed research report available for clients). The Option ARMs … Continue reading →

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Current Orange County Market is a First Time Homebuyers’ Paradise

Posted on May 19, 2009 by Minda Reves

MSNBC spoke to the CEO of RealtyTrac, James Saccaccio, located in our own backyard of Irvine, California. What’d James have to say? “Sales activity appears to be increasing in some of these hard hit markets as home prices have fallen to levels that are … Continue reading →

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Sluggish Market Spurred by Uptick in Home Improvement Stock

Posted on May 18, 2009 by Minda Reves

 In the optimistically titled article, “Wall Street throws a house party,” CNN reports that Lowe’s CEO, Robert Niblock, sees an end in sight to the housing decline,  “In recent weeks we have seen consumer confidence improve, housing turnover show signs of … Continue reading →

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Breaking the Bank: Paving the Way for Shorter Short Sales

Posted on May 15, 2009 by Minda Reves

Real Estate agents, homeowners, buyers and communities across the nation just can’t make sense of it, if a short sale is more beneficial to everyone involved, including the banks, then why are foreclosures more prevalent in the marketplace? Trust me, the banks aren’t … Continue reading →

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