Adam Brett - Your North Orange County Realtor | Fullerton | Brea | Placentia | Yorba Linda

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Real Estate Agent - The Adam and Eric Group - 01499486
Come here to find the latest market information for Fullerton, CA and best practices in the Real Estate Industry. I will also have the best deals in town with Bank Repos, REO, Foreclosure and Short Sale listings.

ARCHIVED BLOG POSTS

2009 

The selling prices for homes in Orange County during the month of August were 34% below the peak reached in Slice Price Yr. ago Sales Yr. ago Houses $500,000 +0.0% 1,864 +0.9% Condos $290,500 -6.3% 795 +8.8% New $475,500 +4.2% 131 -2.2% All O.C. $427,750 -2.8% 2,790 +2.8%  June 2007. For the mont...
09/21/2009
Orange County has had more success with the government’s mortgage insurance program than the rest of the nation, at least as far as defaults go.   The Federal Housing Administration has insured about a quarter of the home purchase loans in Orange County over the past few months.  The national rat...
09/21/2009
The Mortgage Bankers Association is urging the split of mortgage giants Fannie Mae and Freddie Mac  into smaller companies that would continue to function normally; buying loans from banks and issuing mortgage securities with government guarantees. The MBA has proposed a federally run insurance f...
09/21/2009
According to the UCLA Anderson Forecast for September, housing prices in the U.S. have hit bottom. After falling to the lowest level in more than 60 years, they predict that new home construction will begin to pick up in the next two years.  Since prices have finally hit a level in which existing...
09/19/2009
Mark your calendars; September 18th from 7-11 p.m. is the “Taste of Villa del Sol” benefit event.   Proceeds from the event will go to Child S.H.A.R.E.   Child S.H.A.R.E. is a nonprofit organization that finds stable homes for Orange County's abused and neglected foster children. The group has fo...
09/10/2009
Bacchus Development – a development firm owned by Steven M. Bren, son of Irvine Co. Chairman Donald Bren –  has filed for chapter 11 bankruptcy.  The firm has no business connections with the Irvine Company. The firm had built three office parks in the Irvine Spectrum and has been unable to repay...
09/10/2009
The number of O.C. distressed properties was 2,516 last week, down 43 from two weeks earlier. Preventing home price appreciation is the fact that lenders are agreeing to accept less than debt owed on a property.  Currently, 54% of active listings below $500,000 are distressed properties.  Last we...
09/10/2009
The number of active listings dropped by 169 homes in the past two weeks to 8,362 – the lowest it has been  since the beginning of 2006.  At the current pace it will take home buyers 2.46 months to purchase all homes for sale on the market, a year ago the market time was 4.77 months for homes.  H...
09/10/2009
If you are thinking about renting in Orange County, now is the time! Landlords are hurting for business and  so they are aggressively competing for new tenants.  Landlords are offering freebies including months of rent; cable TV and internet.  The number of freebies are work 4.9% of asking rents ...
09/10/2009
The hottest Orange County city to buy a home in is Aliso Viejo with a market time of 0.9 months.   This number is found by comparing the supply of homes for sale compared to the new purchase deals.    Currently the market with the longest market time (11 months) is Laguna Beach.  This is most lik...
09/10/2009
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Adam Brett

The Adam and Eric Group, Fullerton's Finest
local_phone800977ADAM
smartphone(714) 496-8116
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Adam Brett & Eric Urban
Call: 714.496.8116


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