January 2017

Found 10 blog entries for January 2017.

 

 

Location! This lovely home is located in "Anaheim Shores Estates" Family and Pet friendly Mobile Home Community. Close to 5 & 91 Frwys. The spacious home consists of 1848 sq. ft. with 2 large bedrooms & 2 baths. From the inviting over-sized covered porch you enter the home. Inside the bright formal living room you have tall ceilings that expand into the large formal dining room with its built in hutch. Around the corner you find the large family kitchen with wrap around counters, eat in bar, extensive cabinetry and even a serving window that opens to and overlooks the front porch. The family room is open to the kitchen, it has a slider door also to the front porch, a beautiful fireplace with built in cabinetry on each side and skylight for

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1428 Annajeanne Dr., Placentia - Open House

Jan 28, Saturday and Jan 29, Sunday 12-4pm

Location, location, location! This wonderfully located Placentia end of cul de sac home features 4 bdrm, 3 baths and encompasses 2055 sq ft. on a large almost 9000 sq. ft lot. Inviting curb appeal takes you to the double door entry that opens to foyer. Foyer has access to formal living room, eat in kitchen and stairway to upstairs bedrooms. To the right from foyer, the bright over-sized living room with large windows overlook the front of the home. This room also opens to the formal dining room large enough for all your gatherings. From the foyer and formal dining room, you can enter the remodeled kitchen with extensive maple cabinetry, eat in bar and granite

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Great News out of FHA today!


FHA is reducing its annual mortgage insurance premium (MIP) by 25 basis points for most new mortgages with a closing/disbursement date on or after January 27, 2017.
The new FHA mortgage insurance premium will be set at 60 basis points for Loan to Value's greater than 95% (3.5% down) and 55 basis point for LTV's less than 95%. FHA’s new premium rates are projected to save new FHA-insured homeowners an average of $500-$1,000 per year.

What does this mean to you and your buyers? .25% drop on monthly payment, which equals better qualifying and increased buying power. This is AWESOME news. If you are looking to buy or refinance this can be a big deal. Call me to share how this can make a difference in your monthly payment.

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The 2017 Forecast: With higher interest rates, change is in the air.


With interest rates increasing by nearly a full percent since the election, change is afoot. The new presidential administration is poised to spend money on the U.S. infrastructure and lower taxes, a recipe for increased inflation. As a result, many experts are anticipating more Federal Reserve hikes in the short term rate, which will be accompanied by a rise in long term rates as well. They made an initial hike in December and are poised to make a few more in 2017. Long term rates are not immediately impacted by changes in the short term rate, but multiple increases will definitely have an impact on the Orange County housing market.

Here’s the forecast:

•    Interest Rates – in

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Brea 100 Years!

On February 23, 1917, Brea's founding families incorporated a small wildcatting oil town and put the City of Brea on the map. Since then, Brea has grown into a vibrant business, recreation and cultural center boasting housing and services for a diverse community. Now it’s time to celebrate the 100-year journey that created one of Orange County’s premier cities!

 

Join the Parade!

There will be a parade to celebrate Brea turning 100 on February 18.  For more information, contact pagentry productions at 562-746-3200.

Not sure what to enter? Get creative and get rolling! If it rolls, or you can push it, or if you have a group to assemble and walk, you're probably onto an idea. What about scooters, bikes, golf carts with a

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First, let’s take a look back at what happened in 2016 in terms of the inventory, demand, expected market time, luxury properties, and distressed properties.

The year started with an active inventory of 4,400 homes on the market and ended with a little over 4,200. A total of 44,000 homes came on the market in 2016, identical to 2015. That may seem like a lot; however, it’s 31% fewer than the number of homes that came on the market annually prior to the Great Recession. A major housing trend that started in 2008 in the midst of the recession was fewer homeowners opting to sell their homes. The 44,000 homes pales in comparison to 2005 when 64,000 homes were placed on the market. It’s no wonder buyers were tripping over themselves to find a home to

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