Monthly Archives: August 2012

Newport Beach CA Real Estate Sales Are Up 30 Percent This Year

Newport Beach CA home sales have been up so far this year 2012 – as compared with last year 2011. 71 Newport Beach homes have sold with closed escrows so far this month – as of August 30, 2012 – with … Continue reading

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Important Questions for Property Owners Who Are Short Selling

  Home owners who are short selling should be asked some important questions:  1.  Is your property already in active foreclosure?  Active foreclosures can be determined by search of public records.   2.  Do you have other debt?  High debt-to-income ratio will … Continue reading

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Turtle Rock Highlands Lusk Homes at Irvine CA Real Estate

Turtle Rock Highlands Lusk homes is a most popular and sought after residential community for home buyers at Irvine CA real estate. Highlands Lusk is well-known for its large single family detached homes built during 1977-78 – with 168 total homes … Continue reading

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Costa Mesa CA Housing Market Has Buyers and Needs More Listings

Costa Mesa CA is a popular city for home buyers at Orange County – is located just inland from Newport Beach and about two miles from Newport Harbor. Investors and buyers have liked Costa Mesa CA real estate. REALTORs® and … Continue reading

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Excellent Purchase Money and Mortgage Loan Rates

Even after recent market rate upswings, purchase money and mortgage loan rates are excellent for home buyers and refinancing borrowers. Mortgage brokers here at Orange County CA on August 18, 2012, quoted the following rates on conforming loans to $417k: … Continue reading

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All-Cash Home Buying is Up at Irvine CA Real Estate

Irvine CA real estate has experienced an increase in all-cash buyer deals.   During the first six months of 2012, one-third of Irvine homes sold were for all-cash. More than 1,158 Irvine homes were sold during that time – with … Continue reading

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Investors Like Orange County CA Residential Property Opportunities

  Real estate investors like Orange County CA residential real estate and now have a new advantage. Orange County’s home buying was up this year during July 2012 – Buyers purchased 3,087 homes in July, which is 25.7 percent more than in July 2011 – … Continue reading

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Irvine CA Real Estate – Foreclosure Update

Irvine CA has a robust economy and home resale market.  1,356 Irvine homes were resold from January 1 to July 31, 2012 – an average of 194 resold each month – with average resold price of $656,443. Irvine also has … Continue reading

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Hot With Buyers for Homes – Orange County CA Needs More Sellers

Orange County CA now has the fastest home reselling market time since 2006 – but the supply of homes listed for sale is at a seven-year low. OC home buyers have competition with each other now and limited choices – Number of … Continue reading

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Why Now Is an Especially Good Time to Buy a House as Investment

Recent article at the Wall Street Journal – “Finally, It Is Time to Buy a House” – reminded of what Warren Buffett said – “Be fearful when others are greedy, be greedy when others are fearful.” Why now is an especially … Continue reading

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