I have said it before, and I will say it again, real estate always, eventually, appreciates. History has shown us, particularly in Southern California, that prices will always rebound. That doesn’t mean that buying a home isn’t a serious decision in uncertain economic times. But these prices may
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11/13/2008
The number of default notices filed against California homeowners fell last quarter for the first time in 3 years. But the good news isn’t good. It’s primarily due to changes made at the state level. But on this note, the Bailout will change the current status quo on foreclosure. Look for many p
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11/13/2008
California had statewide estimated sales for September (the latest month available) of 40,317 including new and resale houses and condos. That number is up 6.1% from 37,988 in September a year ago. A number that is staying fairly consistent throughout the state and held true for Southern Califor
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11/13/2008
The question of whether the current housing market is good or bad depends on your perspective and position in the transaction. Clearly, this is a good time to buy, just check out the headlines of the past few weeks: BARGAIN HUNTERS HELP SHRINK HOUSING GLUT (Wall Street Journal), or LOW HOME PRIC
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11/13/2008
The fact of the matter is that houses are not stocks, a house is where you live, raise your family and get shelter. Everyone needs to have a home, and timing can play a crucial role in what is best for you. How do you know if it’s the right time for you? A Realtor® you can trust is at the root o
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11/05/2008
Like any young professional Mike McAdam yearned for his independence, to move out of his parents’ house into a home of his own. He finished college, got a job and planned find a place to rent with the long term goal of homeownership. Recognizing the affordability challenge in Southern California
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11/05/2008
Orange County home loans were sold off at half price to real estate entrepreneur, Robert Campbell; who purchased 99 mortgages from an investment bank. Mr. Campbell paid 50 cents on the dollar of the total unpaid balance. The properties were spread out across California, Oregon and Washington. The
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11/03/2008
In 2003, Vijay Soni was convicted of forgery, falsifying real estate documents, identity theft and grand theft by a jury in Orange County, California. Vijay was a real estate agent who was caught using the personal information of his prospective clients to make large purchases which Vijay and hi
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11/03/2008
