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Real Estate Agent - HomeSmart, Evergreen Realty
Real Estate information for Orange County & Southern California homes and properties. Articles with local character and current real estate news and trends.

ARCHIVED BLOG POSTS

2010 

  Newport Beach now has 618 homes listed for sale.  412 of those are single family detached, and others are condos.  Newport is pricey with average asking price for all 618 homes is $2.3 million, and average time on market for now listed is 127 days. 52 of the Newport Beach homes are short listin...
07/31/2010
Agree with Henry Paulson (former head of U.S. Treasury Dept) and his current argument that U.S. government should reduce size and operations of Fannie and Freddie, the two giant government backed housing funds. Investment banks bought the mortgages and packaged them into securities and resold the...
07/30/2010
I've never liked "PRIVATE REAL ESTATE TRANSFER FEES" - deed covenants on homes and properties here in Orange County and California. Such "private transfer fees" are placed as covenants (deed restrictions) imposed by some land development companies at time of sale of new homes.  These are recorded...
07/29/2010
Home Loan and Mortgage rates remain so low and incredibly good this week, and these are quoted by a local Southern California mortgage broker. Conforming Loans up to $417,000 30 Year Fixed -  4.25%  (4.37% APR) 10/1 ARM - 3.75%  (3.87% APR)    Conforming  up to $729,750 30 Year Fixed - 4.5%  - (4...
07/28/2010
Homes listed for sale number has dramatically increased during the past 3 months at Irvine, CA.    As of July 23, Irvine had 815 homes listed for sale. 145 of those were short sale listings. 33 of those homes were bank owned after foreclosure.         On June 16, Irvine had 697 homes listed for s...
07/27/2010
BE CAREFUL THIS YEAR AROUND GREEDY HEIRS.  There could be some risk for your survival. The U.S. estate tax this year is zero, so if you die or are killed during 2010, your heirs pay the government nothing on the money you pass along to them.  This U.S. estate tax will return big time in 2011, an...
07/26/2010
It's another beautiful Southern California day, and we are ...   See this great and fun Orange County - "WALKING ON SUNSHINE" - video at YouTube - click here.    It's days like this when I am reminded that DISNEYLAND RESORT at Anaheim now offers Summer 2010 Three Day Pass for SoCal Residents who ...
07/24/2010
Recent news reports have said that California Foreclosures have dropped to a three year low. The number of homeowners in California entering foreclosure with Notice of Default in the second quarter 2010 dropped to a three-year low (according to MDA DataQuick).  Question is whether this decrease i...
07/24/2010
Like other areas at South Orange County, San Clemente has a bunch of properties in default on loans and scheduled to go to trustee sale auction after foreclosure according to legal notices.   26 Via Divertirse Amount unpaid: $1,067,826.25 Auction date: Aug. 2 Time: 3 p.m. Location: At the north f...
07/23/2010
A FIFTY PERCENT HOME SOLD PRICE JUMP AT THE BAY AREA in 15 months.  WOW! It's amazing that the trough for home median selling prices in California was February, 2009, and that the San Francisco Bay area leads CA in areas with biggest jump since then of 50% as compared with June 2010.  The CA ave...
07/22/2010
Rainmaker
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Harrison K. Long

REALTOR , GRI, Broker associate, Attorney
local_phone(949) 854-7747
smartphone(949) 701-2515
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