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...
View ArticleCalifornia 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...
View ArticleOC 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...
View ArticleHuntington 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...
View ArticleProposition 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:...
View ArticleO.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...
View ArticleO.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...
View ArticleSouthland 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...
View ArticleCalifornia 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...
View Article30-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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