Thursday, June 30, 2016

A storm is brewing in the real-estate market

In a report released Monday, Pimco's John Murray and Anthony Clarke wrote that the capital flows that propped up the market since the housing crash were decreasing. And that spells trouble ahead.
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Friday, June 17, 2016

Thursday, June 16, 2016

First-time buyers are skipping the starter home and saving for the big house in the suburbs

Forget the starter home. Today’s first-time buyers want a place they’ll live in for a long time — possibly even into retirement. And this ideal home is most likely in the suburbs.
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Tuesday, June 14, 2016

House flipping heats up, creating 'home price pressure cooker'

It looks so easy on TV. Buy a bargain-basement house, pull up some nasty carpet, re-tile the bathroom, paint away the wall stains and sell it for a hefty profit.
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New Streak in Home Prices for Orange County Real Estate Market | Published: 6/10/2016 | Homesnap...

The Orange County market pulled back this week but was still better than normal as sales fell to 2,816 homes sold over the last 30 days. Meanwhile, Los Angeles County reported 5,958 home sales, the highest number from all the surrounding counties. The median sales price of homes sold came in at $632,750, which extended a price upswing to nearly three months. Despite the slip in sales, a relatively low two months of inventory indicates that Orange County is a definite seller's market.
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Friday, June 10, 2016

Thursday, June 9, 2016

Mortgage applications drop 4.1% over Fed rate uncertainty

Despite strong buyer demand in the housing market, mortgage applications decreased 4.1 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association.
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Orange County Real Estate Market Sees Home Sales Fall | Published: 6/3/2016 | Homesnap Real...

Despite remaining above the 2,354.0 monthly sales average, the Orange County market slowed with 2,784 homes sold in the last 30 days. Within the same time period, Los Angeles County had 5,759 sales, the most of all counties in the area. Prices are rising in Orange County, and the median sales price this period increased from $625,000 to $630,000. Despite the slip in sales, a relatively low two months of inventory indicates that Orange County is a definite seller's market.
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Tuesday, June 7, 2016

U.S. new homes sales hit eight-year high, point to firming economy

New U.S. single-family home sales recorded their biggest gain in 24 years in April, touching a more than eight-year high as purchases increased broadly, a sign of growing confidence in the economy's prospects.
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Friday, June 3, 2016

12 Simply Stylish Outdoor Room Updates

Turn your outdoor space into a lavish retreat with these stylish updates, from elegant water features to cozy porch swings.
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You have to see some of these GORGEOUS 1 acre homes!

NEW EXCLUSIVE LIST of 1 ACRE PLUS homes in Orange County
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Thursday, June 2, 2016

Orange County Real Estate Market Sees Sales On the Rise | Published: 5/27/2016 | Homesnap Real...

The Orange County market made strides this week as sales reached 2,802 homes sold over the last 30 days. In comparison, nearby Los Angeles County had 5,889 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $625,000, down from last week's $630,000. The rising sales and a low two months of inventory point to Orange County being a definite seller's market.
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Wells Fargo launches 3% down payment mortgage

The common cry is too-tight credit. Lenders have kept the credit box restrictive because they are gun-shy from the billions of dollars in buy backs and judicial settlements stemming from the mortgage crisis that they still face today. Now, the nation's largest lender, Wells Fargo, says it is opening that box with a new low down payment loan — a loan it claims is low-risk to the bank.
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