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Tag Archives: short sales los angeles
Mortgages in Default Increase Sharply in California
According to First American CoreLogic, Inc., 9.5% of California mortgages in May were in default, up sharply from 5.8% in May 2008. This will ultimately result in more foreclosures, short sales and bank owned properties coming on the market, assuming … Continue reading
Posted in Luxury Short Sales
Tagged bank owned los angeles, foreclosure, LA Times, NOD, short sales los angeles
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Get Ready for Late Summer Deals on Short Sale Homes
A recent article by Don Lee in the LA Times titled Another wave of foreclosures is poised to strike highlights the wave of foreclosures that is likely to start breaking onshore by late summer. He cites that the most of … Continue reading
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
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
Local Celebrity Should Consider a Short Sale
You may recognize her from around town or you may recognize Jeana Keough from Bravo’s hit TV show “The Real Housewives of Orange County.” The New York Post’s gossip blog is spilling secrets; according to them she has four homes in Coto … Continue reading
Posted in Celebrity Short Sales
Tagged bank short sales, luxury bank owned, luxury homes los angeles, luxury homes orange county, luxury REO, luxury short sale, REO, short sale, short sale listings, short sale los angeles, short sale orange county, short sale websites, short sales, short sales california, short sales los angeles, short sales southern california
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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