Archive for the ‘For Sellers’ Category

Find Homes For Sale On Your Smartphone!!!

CORONA DEL MAR Real Estate Market Median House Price

September 2011 Home Sales Statistics – 4 County Pie Chart

Quick Foreclosure Market Update – Must Read

Just thought this would be useful information for you all. This comes from RealtyTrak and Wells Fargo at the AREAA national conference in SF. This session is about the current REO market.

In a nut shell the first wave of foreclosures in 2006-2008 were caused by the subprime loan market. This created the economic down turn, increasing unemployment. Unemployment is what caused the current wave of foreclosure we are seeing now. Adjustable rate loans may be third wave of foreclosures which we will know by spring of 2012.

We are not selling enough homes to move current inventory of foreclosures out there which is keeping home prices down.

Inability to sell new homes(which are always highest in price drive up prices) is also what is keeping prices stagnant.

Quick Foreclosure Market Update - Must Read

There are currently 800,000 foreclosures on banks books with less than 30% actually listed on the market. Another 800k are currently in foreclosure, 1.3mil in severe delinquency. 3.5 mil in some stage of delinquency.

The market in terms of pricing will probably bottom out in 2011, remain low through 2012 and 2013 as we work through selling off the foreclosure through inventory. Possibly a rise in pricing by 2014.

Banks are facing adjustable rate mortgages as being the third wave in foreclosures, however they have many options to work through this by extending loan terms, forgiving principle, etc. They want to work this out as they see these loans as their highest risk factor for delinquency in the future.

Surprising Market Stats For Orange County / Irvine

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Huntington Beach WEEKLY Market Report

Huntington Beach Weekly Market Report

JULY FORECLOSURE REPORT – CA

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Weekly Strategizing Lunch

Bruce makes thee best FOOD!!! Best Guac & homemade Vadalia Saint Germaine soup I’ve ever had in my life! He slaves in the kitchen, I work like dog on the financials. Haahaa!

Linda Ginex
Star Real Estate

NEW LISTING ~ 3 Mirlo, Rancho Santa Margarita, CA

NEW LISTING ~ 3 Mirlo, Rancho Santa Margarita, CA

Affordable 2 bed / 2 bath for only $190,000

Upper Corner Unit – Come See Today before its too late!!

714.598.SELL

REALTOR� Magazine-Daily News-Geithner: Bailout Costs Should Be Recouped

REALTOR� Magazine-Daily News-Geithner: Bailout Costs Should Be Recouped.