Category Archives: Buyers

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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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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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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SOUTHERN CALIFORNIA HOUSING MARKET SETTLES TO A STABLE PACE

Home prices grew again in May, but not at last spring’s frenzied pace…there are fewer foreclosures to buy. More home sellers are testing the market, and bidding wars are less frequent. All of it signals a housing market that’s settling to a more stable, even healthy, pattern, which analysts say is a notable change from…

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Change is Coming To Next Year’s Mortgage Landscape

There are new factors in the Buyer’s ability to purchase in 2014. The Federal Housing Administration (FHA), the government’s insurer of home loans, just announced it would be lowering its loan limit in the very highest cost areas from $729,750 to $625,000, starting Jan. 1, 2014. The FHA has already raised premiums and fees, and…

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Mobile technology dominates home buying process, REALTOR® survey finds

  LOS ANGELES (July 17) – Demonstrating the proliferation of mobile technology into nearly every facet of our lives, more than eight out of 10 home buyers are accessing home information on their smart phones and computer tablets, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 Survey of California Home Buyers.” “With more and…

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8885 Plumas Circle #1116-A, Huntington Beach

  Schedule a Showing/Request Info Avoid Foreclosure Free List of Foreclosed Homes For Sale What is your home worth? Short Sale Homes For Sale Homes Close to Where You Work Nancy Low Star Real Estate 714-496-5950 Questions? Schedule a Showing! Licensed In: CA License #: 00576362 Information valid for the date of this posting only….

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5 Reasons Why NOW is the Time to Buy a Home

Many potential buyers are still waiting in the wings, not sure that now is the time to buy a house. They are often afraid of buying before the market has fully recovered, and are concerned that they may lose out if they jump in too early. Here are 5 reasons they should buy NOW and…

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Getting a mortgage after bankruptcy or foreclosure

In today’s L.A. Times, L. Sichelman gives hope to former homeowners who lost their home, yet still dream of owning their own place: “-your ability to qualify for another mortgage may not be as compromised as you think. It used to be that a bankruptcy, foreclosure or other major black mark on your credit record…

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Housing Affordability Index to Set Annual Record for 2012

WASHINGTON (January 9, 2013) – With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of Realtors®. NAR’s national Housing Affordability Index stood at 198.2 in November, based on…

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