We finished off June 2012 and halfway through the year. Residential real estate has finally taken some meaningful strides toward recovery, and they’ve all been self-powered without divine (or governmental) intervention. Yes, there have been some head fakes in the past, but there’s real reason to believe that market turnaround awaits us. Beyond home prices, […]
Tag: Housing Market
Governor signs California Homeowner Bill of Rights into Law California Governor Jerry Brown signed into on July 11th 2012 the Homeowner Bill of Rights to help struggling Californians keep their homes. This law aims to avoid foreclosure where possible to help stabilize California’s housing market and prevent the other negative effects of foreclosures on families, […]
EXTRA EXTRA – Mortgage Rates at Record Lows for Friday July 6th, 2012 Record-low mortgage rates stuck around for another week, allowing home buyers and homeowners looking to refinance to lock-in super low financing. Both the 30-year and 15-year fixed-rate mortgages matched their all-time lows. “Mortgage rates were virtually unchanged this week hovering at or […]
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Mortgage Rates at Record Lows
EXTRA EXTRA – Mortgage Rates at Record Lows for Friday July 6th, 2012 Record-low mortgage rates stuck around for another week, allowing home buyers and homeowners looking to refinance to lock-in super low financing. Both the 30-year and 15-year fixed-rate mortgages matched their all-time lows. “Mortgage rates were virtually unchanged this week hovering at or […]
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Brea Local Market Update for May 2012
This market update is for May 2012 for the city of Brea, CA. Real estate statistics are taken from May 2012 and comparing them how they were at the same time last year, May 2011. New listings fell 10.7% for the month of May. There were only 25 new listings. On the flip side pending […]
These real estate figures are for Orange County real estate market and may dip into surrounding areas. Combined with strong sales, the recent drop in listing activity has translated into competing bids on existing inventory and modest price gains in select neighborhoods. Informed sellers have noticed homes selling quicker and for closer to asking price. […]