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NEW YORK (CNNMoney) -- The rich are different from you and me: They're buying real estate. After four straight years of declines, sales of million-dollar homes and condos rose last year in all 20 major metro areas, according to DataQuick Information Systems. On average, these cities saw an 18.6...
03/10/2011
Today's low interest rates and stabilized home prices have created some great investment opportunities. Investing in real estate has unique advantages over other types of investments: •Interest in mortgage loans are currently tax-deductable. Investors can lower their tax liability while increas...
03/10/2011
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Jobs- Some parts of the country were less affected by the recession than others. Prospective buyers should review job-growth data from the U.S. Bureau of Labor Statistics, at www.bls.gov. Unlike many backward-looking economic statistics, jobs data are only about a month old and can "clearly show ...
03/04/2011
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March 2011 Orange County Stats: # Of Homes For Sale vs. Homes In Escrow City: For Sale: In Escrow: Yorba Linda 331 160 Brea 99 60 Fullerton 415 211 Anaheim Hills 173 88 Newport Coast 123 31 Orange 495 232 Irvine 750 395 Laguna Beach 302 54 For questions please contact me at 714-743-9778 or lo...
03/01/2011
Buyers in markets around the U.S. are snapping up homes in all-cash deals, betting that prices are at or near bottom and breathing life into some of the nation's most battered housing markets. Cash buyers represented more than half of all transactions in the Miami-Fort Lauderdale area last year, ...
02/08/2011
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Washington, January 27, 2011 Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtors® The Pending Home Sales Index,* a forward-looking indicator, increased 2.0 percent to 93.7 based on contracts signed in De...
02/01/2011
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February 2011 Orange County Stats: # Of Homes For Sale vs. Homes In Escrow City: For Sale: In Escrow: Yorba Linda 302 147 Brea 93 48 Fullerton 396 216 Anaheim Hills 178 74 Newport Coast 119 30 Orange 462 182 Irvine 719 347 Laguna Beach 273 46 For questions please contact me at 714-743-9778 o...
02/01/2011
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Daily Real Estate News | January 5, 2011 | Sellers aren't entitled to a short sale just because they've lost equity in their home. Lenders look for other hardships when approving short sale transactions. Lisa Udy, a real estate professional with Logan Real Estate in Utah, notes in a recent ar...
01/05/2011
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January 2011 Orange County Stats: # Of Homes For Sale vs. Homes In Escrow City: For Sale: In Escrow: Yorba Linda 301 137 Brea 93 51 Fullerton 375 183 Anaheim Hills 161 60 Newport Coast 117 32 Orange 436 161 Irvine 685 284 Laguna Beach 279 47 For questions please contact me at 714-743-9778 or...
01/03/2011
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Daily Real Estate News | December 10, 2010 | 5 Predictions for 2011 Freddie Mac analysts point to five features that they believe will likely characterize the 2011 housing and mortgage markets:1. Low mortgage rates. With Fed observers expecting the central bank to keep the federal funds rat...
12/14/2010