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  • 2 Story For Sale in Sierra del Oro

    [photo:listing:7083075] • 3,031 sq. ft., 3 bath, 5 bdrm 2 story - $550,000 - Priced To Sell Fast! Sierra del Oro, Corona  -  Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard ...
    Posted to Market Update (Weblog) by 278262 on November 8, 2009
  • Existing Home Sales Up June 2009!

    According to the National Association of Realtors (NAR), existing home sales in June rose by 3.6% to an annual rate of 4.89 million, the highest since last October. Lawrence Yun, NAR chief economist, said: "The increase in existing-home sales occurred in all major regions of the country." Analysts say that this signals moderation in ...
    Posted to Market Update (Weblog) by 278262 on July 28, 2009
  • New Home Sales Up June 2009

    Sales of newly built, single-family homes rose 11% in June, 2009 to a seasonally adjusted annual rate of 384,000 units, according to numbers released by the U.S. Commerce Department. Coming on the heels of an upwardly revised number for May, the gain marks a third consecutive month of improved sales activity. “This is good news ...
    Posted to Market Update (Weblog) by 278262 on July 28, 2009
  • Changes in Home Loans May Affect You

    Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before consummating the loan. REALTORS(R) are forewarned that, because of this new three-day waiting ...
    Posted to Market Update (Weblog) by 278262 on July 17, 2009
  • Do YOU Want $8000?

    Would You Like $8,000? Buy a Home. Soon! To stimulate the economy, Washington juiced up the stimulus plan passed last year in February. Two benefits for FTHBs (First Time Home Buyers) were that the amount of the tax credit was increased from up to $7,500 to $8,000. And, more importantly, the amount of the credit does not have to be ...
    Posted to Market Update (Weblog) by 278262 on July 14, 2009
  • CNN Says Housing Market may be Stabilizing!

    CNN is searching for a bottom in the housing market With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing. So ...
    Posted to Market Update (Weblog) by 278262 on July 5, 2009
  • Home Sales Jump ~ April 2009

    Pending US Home Sales Surge Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived.  The National Association of Realtors reported that its seasonally adjusted index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ...
    Posted to Market Update (Weblog) by 278262 on June 2, 2009
  • Spring Projects to "Summerize" your home

    "Summerize" Your Home with These Spring Projects It's hard to believe, but the official start of summer is just a few weeks away! Here are some spring cleaning projects you should definitely consider tackling before the hottest days of summer descend upon us.   Air Conditioning It's important to have your air conditioner ...
    Posted to Market Update (Weblog) by 278262 on May 25, 2009
  • Do you qualify for an FHA loan?

    So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised how easy it was for this first time home buyer to finance their home. The buyer is ...
    Posted to Market Update (Weblog) by 278262 on April 26, 2009
  • Are we near the bottom of the housing crisis? Freddie Mac says "YES"!

    Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales.  But you knew there's a "but" coming, right?  Yup...Nothaft added that unemployment and house price declines will ...
    Posted to Market Update (Weblog) by 278262 on April 20, 2009
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