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Jan 2009 - July 2009Many people wonder about the current conditions of Real Estate Market in Orange County CA. Here is the synopsis of last seven months Real Estate Activity. On the average, there has been a rise in the price particularly in median to lower price range home where there is a bigger pool of first time buyers and investors. Even ...
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Still a Slippery Slope
By Nameet Dhaiwal Realtor
Orange County CA
September 15, 2007
Almost a year ago, default notices and trustee sales notices started to rise. Home sales were slower in 2006 as effects of decreased affordability caused by a sudden increase in home prices due to an ample availability of money. Towards the ...
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[calendar:2007-05-20 2007-05-20] Brea Chem, Brea - We invite everyone to visit our open house at CA-1519 Zachary Ct. on May 20 from 1:00 PM to 4:00 PM.
Property information
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Who is to Blame? Lenders are tightening their underwriting guidelines, requiring increased FICO scores for qualification, getting rid of sub-prime loans, but for now it is too late in the scheme. It was surprising to see that big lending companies, who have top notch financial ad visors, ...
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[calendar:2007-02-25 2007-02-25] Brea West, Brea - We invite everyone to visit our open house at 1524 Kinsler Ct. Brea CA- on February 25 from 1:00 AM to 4:00 PM.
Property information
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Despite of 6.3% increase in OC job earnings, it is still not affordable for most of blue collar workers. Even though it is above national inflation, but that inflation does not cover the housing expense for the owners. So the home pricing and the inflation are not in line so this increase would need to be much higher for people to afford ...
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Here are the results for the 4th Quarter of 2006 for Orange County Notices of Default and Notices of Sales Combined.
Month Default PropertiesOct-06814Nov-06955Dec-061078
See a detailed graph at http://www.namneet.com/Real_Estate_Pulse/page_1674546.html
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