April 2014

Found 12 blog entries for April 2014.

Orange County if think interest rates are high right now?  Check out this Update I received from a lender on  July 17th 2008.  Take a look at the interest rates at that time, 4.25% to 4.5% seems pretty low right now.

Interest Rate Update

The Treasury Bond Market has gotten hammered over the last few days putting upward pressure on interest rates.

30 Year Fixed up to $417,000                                                      6.25% to 6.50%

30 Year Fixed “Jumbo Light” up to $729,750                                6.375% to 6.625%

30 Year Fixed FHA                                                                        6.0% to 6.25%

30 Year Fixed FHA “Jumbo”                                                           6.375% to 6.625%

 

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The following is a real-time real estate market report for the city of Brea, CA brought to you by Tony Leocadio of Prudential California Realty. Search our Brea Real Estate Listings, here.

We specialize in helping clients buy and sell homes in north Orange County. If you are a homeowner looking for information on Brea homes for sale, Fullerton homes for sale, Placentia homes for sale, Yorba Linda homes for sale, Anaheim Hills homes for sale, Orange homes for sale, La Habra homes for sale, or Anaheim homes for sale; please call us today! 

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LOS ANGELES (April 3) – Viewing the country as a safe place to put their money, international home buyers preferred purchasing properties in the United States over other countries, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 International Clients Survey.” 

The vast majority (85 percent) of international buyers said they only considered purchasing a home in the U.S., citing that the stable government and financial system would guarantee their home investment. Fifteen percent considered investing in other countries, with Canada, Germany, Mexico, China, Singapore, Sweden, and France cited as other countries most considered.

International buyers also chose to purchase in the U.S. for its desirable location and climate (20

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According to Redfin’s latest Real-Time Demand Pulse—a monthly analysis of tour and offer activity across 23 U.S. markets—homebuyer demand bounced back in March, showing promise after months of little activity.

Compared to February, Redfin reports the number of customers touring homes rose 11.1 percent, the biggest March gain in three years and a massive step up from the meager 1.9 percent increase recorded in February.

Meanwhile, the number of customers signing offers rose 19.7 percent, up from a 17.8 percent increase in February but a bit short of last year’s 21.5 percent gain.

While the pickup in buyer interest bodes well for the spring and summer seasons, Redfin analyst Ellen Haberle noted there are a few factors to consider in March’s

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The following is a real-time real estate market report for the city of Yorba Linda, CA brought to you by Tony Leocadio of Prudential California Realty. Search our Yorba Linda Real Estate Listings, here.

We specialize in helping clients buy and sell homes in north Orange County. If you are a homeowner looking for information on Brea homes for sale, Fullerton homes for sale, Placentia homes for sale, Yorba Linda homes for sale, Anaheim Hills homes for sale, Orange homes for sale, La Habra homes for sale, or Anaheim homes for sale; please call us today!  

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Orange County, CA -

The Mutual Mortgage Insurance Fund is trying to get back up on its feet as the Federal Housing Administration works on recovering the losses from the housing crash in 2008. Now, Realtors across the nation have sent letters and emails, contacting the agency on its methods of helping this problem, asking them to take a different approach.

The National Association of Realtors' president Steve Brown sent a letter on Tuesday to the FHA commissioner Carol Galante. The letter says that if FHA continues to ask for higher prices on annual mortgage insurance, Americans who qualify for FHA loans won't even be able to afford the house.

Those changes to FHA loans began in 2013 as a measure to recover the agency's mortgage insurance fund.

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The following is a real-time real estate market report for the city of Placentia, CA brought to you by Tony Leocadio of Prudential California Realty. Search our Placentia Real Estate Listings, here.

We specialize in helping clients buy and sell homes in north Orange County. If you are a homeowner looking for information on Brea homes for sale, Fullerton homes for sale, Placentia homes for sale, Yorba Linda homes for sale, Anaheim Hills homes for sale, Orange homes for sale, La Habra homes for sale, or Anaheim homes for sale; please call us today!  

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Placentia, CA - 

If you haven't heard yet, Compass Walk, a brand new community in Placentia, has been undergoing several phases of new home construction. Beautiful modern built 4 bedrooms and 3 baths in up to 2,181 square feet have already sold out 50% of their inventory in 5 weeks, thats 18 Placentia homes. These Placentia homes for sale at 1049 Golden Avenue Placentia, CA 92870 are at an ideal location close to highly acclaimed schools, dining shopping and entertainment. These homes are located in the highly acclaimed Placentia-Yorba Linda Unified School District.

Compass Walk has reached its phase 4, already demonstrating a few finished models for reference to the real construction of all other homes, which has already started this week. The

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The following is a real-time real estate market report for the city of Brea, CA brought to you by Tony Leocadio of Prudential California Realty. Search our Brea Real Estate Listings, here.


We specialize in helping clients buy and sell homes in north Orange County. If you are a homeowner looking for information on Brea homes for sale, Fullerton homes for sale, Placentia homes for sale, Yorba Linda homes for sale, Anaheim Hills homes for sale, Orange homes for sale, La Habra homes for sale, or Anaheim homes for sale; please call us today!  
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 Orange County homes for sale rose 16.4 percent year over year according to CoreLogics's latest home price index. This two year streak of rising home prices has come to a slow this February.

 Compared to last years February numbers, this is the smallest increase since February 2013 and down from its high of 23 percent in August. At the same time, the Irvine data firm, producing competing HPIs says steady year-over-year gaining progress in Orange County for the past 1 1/2 years.

 Comparison of repeat sales show that from January to February the index value rose 1.3 percent, says the CoreLogic report. Monthly the gains have produced a total of 23 in the past 2 years.

What it all means for you if you are looking to buy or sell a house in Orange

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