RATES HIGHER AFTER FED MINUTES

Compliments of: Frank Joseph Mortgage Loan Officer / CPA NMLS ID: 305034 949.939.6896 Email me Visit my website RATES HIGHER AFTER FED MINUTES The positive momentum in mortgage rates shifted direction after the release of the Fed Minutes on Wednesday. Investors viewed the Minutes as somewhat positive for stocks and negative for bonds. As a[…]

2014: THE EMERGING PURCHASE MARKET

Compliments of: Frank Joseph Mortgage Loan Officer / CPA NMLS ID: 305034 949.939.6896 Email me Visit my website   2014: THE EMERGING PURCHASE MARKET According to the November 2013 U.S. Economic and Housing Market Outlook released by Freddie Mac, 2014 will see the shift from a refinance-dominated mortgage market to the first purchase-dominated market the[…]

Real Estate as Top Investment for 2014

  U.S. millionaires see real estate as the top alternative-asset class to own this year, according to Morgan Stanley. (MS) About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York-based investment bank’s wealth-management unit. Direct ownership of residential and commercial[…]

Orange County Home Prices Rose Faster in 2013 Than Any Year Since 2004!

  CoreLogic reported Tuesday. A new report from Irvine-based real estate tracker shows single-family home prices jumped 19.7 percent during the 12 months through December. That’s the highest year-ending appreciation rate for the county since December 2004, when CoreLogic recorded gains of 22.9 percent. On the other hand, appreciation rates have moderated somewhat since this[…]

California Median Home Prices – UP!

  Please contact us  to help you sell your home and find the home of your dreams!  We specialize in Laguna Beach, Newport Beach, Dana Point, San Clemente and our inland coastal communities. Make it a great day! Jeff

Orange County Million-dollar Home Sales Jump 52% in 2013

Last year’s housing recovery was a boon to luxury home sales, with 5,506 million-dollar-plus home sales recorded in Orange County, up 52 percent from the year before, DataQuick Information Systems reported Thursday. That’s the highest number of $1 million deals since 2006. Upper-crust sales ranged from $1 million for a 500-square-foot Balboa Peninsula house to[…]

SoCal Commercial Industry Study

For those interested in the Commercial Real Estate Market, please read this great report from CoStar: CoStar-Webinar-StateOfSoCalMkt-YE2014 Please contact us for all of your property needs. We can help you with commercial and to sell your home and find the home of your dreams!  We specialize in Laguna Beach, Newport Beach, Dana Point, San Clemente[…]

You’ll pay more for a big home nowadays, but a big mortgage should be less of a reach

  For the first time in over 20 years, rates on jumbo mortgages — loans of more than $417,000, or $625,500 in pricier areas — are at or below rates on conventional mortgages. Jumbo rates usually run one-quarter to one-half of a percentage point higher, but lenders eager for wealthier customers are making deals. In[…]

Making Your Home – Fit To Sell!

The weekend is here and hopefully you have a little time for some reading and interesting videos …. Cozy up to this great series prepared by the RE/MAX staging experts on making your home fit to sell! Please enjoy this 8-part video series by click here  where the experts will address common preparation including depersonalizing,[…]

5 Reasons You Shouldn’t For Sale by Owner

Some homeowners consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). Without sounding self-serving, we think there are several reasons this might not be a good idea for the vast majority of sellers. 1. There Are Too Many People to Negotiate With Here is[…]