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SoCal Home Sales Up; Median Price Near 4-Year High

by Scot Campbell – August 14, 2012 Southern California home sales rose above the year-ago level for the seventh consecutive month in July despite continued declines in low-end distress sales. Increased...

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California July Home Sales up Year-Over-Year

by Scot Campbell – Source: Dataquick – August 15, 2012 An estimated 39,507 new and resale houses and condos sold statewide last month. That was down 3.7 percent from 41,027 sales in June, and up 13.9...

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OC Housing Report: Short Sales are in Vogue!

By Steven Thomas – ReportsOnHousing.org – August 19th, 2012 Short sales are the hottest segment of the housing market, hotter than foreclosures. Short Sales are Hot:  The expected inventory for short...

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Huntington Beach Market Update

by Scot Campbell – August 21, 2012 – Source:  Realtor MLS The Overall Inventory is still down Today, the total number of homes listed for sale in Huntington Beach is down another 50 homes in the last 6...

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Proposition 60 – Transfer of Property Tax Basis

Proposition 60 allows for qualifying age 55 homeowners to transfer their property tax  basis under certain conditions. Here is a Q & A from the County of Orange which should answer your questions:...

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O.C. Housing: Inventory Reaches a Record Low… UGH!

Source – Reports on Housing  – September 2, 2012 The Orange County inventory has not stopped dropping since June of  last year. Record Low Inventory:  The inventory beat a record low established in...

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O.C. Housing: Foreclosures Now Only Tiny Part of Market

Source: Reports on Housing -  September 16, 2012 Forget the wave of foreclosures; instead, the numbers have been steadily falling.  Foreclosure Reality:  Only 8% of closed sales in August were...

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Southland Home Sales Hit 6-Yr High; Median Edges Higher

Source: Dataquick – September 13, 2012  Southern Californiahome sales rose to the highest level for the month of August in six years, fueled by low mortgage rates, a healthier move-up market and...

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California August Home Sales

Source – Dataquick – September 14, 2012 An estimated 41,280 new and resale houses and condos sold statewide last month, making it the strongest August since 2006. Last month’s sales total was up 4.5...

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30-Year Mortgage Ties Historic Low: 3.49%

September 20, 2012 Several news outlets reported today that 30 year fixed rate mortgage just tied a historic low of 3.49% today. Rates this low increase the purchasing power of buyers, increase the...

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