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Summer Heats Up Home Sales

Home sales are soaring this summer, despite limited supply across many areas of the country. Sales of previously owned U.S. homes climbed 3.2 percent to an eight-year high in June according to the National Association of REALTORS®. In addition, existing home prices rose 6.5 percent over last year because of limited supply. U.S. markets and…

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Where is Housing Headed for Late 2015?

According to Kiplinger, the housing recovery will step up its pace heading into the second half of the year and beyond. Existing homes sales will climb 7%, while new home sales will be up by 9%. In 2016, existing home sales will rise 6%, while new homes will rise 23% from this year. Two groups…

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Orange County Sales Show Solid Signs of Maintaining Health

J. Lansner of the O.C. Register compared the market trends of the six counties in Southern California. He considered Orange County #1 in healthy, sustainable growth. “What defines a healthy housing market? To me, it’s rising prices and growing sales activity backed by solid job growth. After the last boom-to-bust cycle, the durability of the…

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Get the Most For Your Home

    Statistics are out – improving your home before it goes to market makes a difference in what Buyers will pay! Make the changes you need to show your home at its best before you come to market. You only have one chance to make a good first impression!   How much you want…

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Making Heads or Tails of the Real Estate Marketplace

We’ve moved into a Seller’s market in recent weeks, with exciting mortgage rates enticing more Buyers to investigate home ownership. This is a very good time to re-finance, as well, with interest rates still under 4%. Days on market are decreasing, with savvy Sellers pricing strategically. Redfin reports a 7.6% gain for California sellers in…

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Increase Your Home’s Value in 5 Easy Steps

Thinking about some small home improvement projects to boost the value of your home? Here are some smart upgrades and fixes that don’t cost a lot, but could help you clinch a deal if you’re trying to sell. Consider curb appeal – First impressions are everything, and potential buyers often decide as they’re walking toward…

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Orange County Housing Market – Pricing versus Affordability

Though newest CoreLogic DataQuick figures show that median home prices and sales volume climbed in December, the number were weakest in Orange County, in the 6 county Southland region. While median prices rose 5.1% in the Southland from December 2013, Orange County rose 3.7% to $591,000. “Orange County powered out of the housing crash faster…

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Mistakes Sellers Make

* Not keeping resale in mind when renovating. Make sure any big changes you make will increase, rather than decrease, your home’s value. * Sticking around during the open house. No one wants the current homeowner hovering over them as they tour the house. It can prevent them from giving the honest feedback that could…

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US PENDING SALES REBOUND

The NAR’s pending home sales index increased 3.3 percent in July to 105.9, its highest level since August 2013. Based on contract signings, the increase came in much stronger than expected. Pending home sales have climbed in four of the past five months. Lawrence Yun, NAR chief economist, said that favorable housing conditions spurred increased…

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2nd Annual E-Waste Event

Save the date! September 13, 2014 from 10-12 at 20951 Brookhurst Street, Huntington Beach, California Star Real Estate is holding it’s 2nd Annual E-Waste Event.

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