Anaheim Real Estate

These articles focus on Anaheim, CA Real Estate including Anaheim Homes For Sale, and average home prices in Anaheim, CA.

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FULLERTON – A recall campaign aimed at ousting three councilmen in the wake of the Kelly Thomas death cruised to success Tuesday night.

All three council members easily lost their seats, according to unofficial results.

Article Tab: thomas-kelly-tuesday-meet Kelly Thomas supporters attended Tuesday night's City Council meeting in Fullerton as they waited for results. ROSE PALMISANO, THE ORANGE COUNTY REGISTER MORE PHOTOS » ADVERTISEMENT

The push to remove Don Bankhead, F. Richard Jones and Pat McKinley was prompted by the death of the homeless man after a confrontation with police officers in July. The death left two officers facing charges and put the Police Department and the city's leadership under great scrutiny.

Three challengers who each won handily will take

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For the 22 business days ending May 16 — DataQuick’s freshest stats — the Orange County real estate market had homebuying patterns showing:

Click for priciest homes!

  • 34 of O.C.’s 83 ZIP codes with gains in their respective median selling price. Overall, buyers’ prices were -2.7% vs. a year ago.
  • Taking sales volume in consideration, home-sale pricing is up in ZIPs representing 38% of the Orange County market.
  • 7 of 83 O.C. ZIPs with median sales prices above $1 million in the period vs. 11 million-dollar ZIPs when the county median price peaked in June 2007. Since that pricing pinnacle, there’s been a 35% drop in the countywide median price!
  • Current million-dollar ZIPs were 5% of all sales in the most recent period tracked.
  • There were 5
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Condos are the hot Orange County property, with mid-May sales running 22 percent above a year ago.

Highlights of DataQuick’s Orange County homebuying report. For the 22 business days ending May 16 — the latest numbers — Orange County’s real estate market saw …

  • Median selling price for all residences of $418,500 — that is off 2.7% vs. a year ago.
  • Total Orange County sales of 3,147 residences closed in the latest period — that is up 14.9% vs. a year ago.
  • Note: 19 of 83 Orange County ZIPs had both rising sales and prices in the period. Is your ZIP one of those neighborhoods?

And more analysis ….

  • $418,500 median selling price is 35% below June 2007′s peak of $645,000.
  • Current price is 7.0% below 2011′s peak (May and July) of $450,000; 2%
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Home prices hit new post-bubble lows in March, according to a report out Tuesday.

Average home prices were down 2.6% from 12 months earlier, according to the S&P/Case-Shiller home price index of 20 major markets. Home prices have not been this low since mid-2002.

"While there has been improvement in some regions, housing prices have not turned," said David Blitzer, spokesman for S&P.

Although five cities -- Atlanta, Chicago, Las Vegas, New York and Portland -- saw average home prices hit new lows, that's an improvement from last month's report, in which nine cities notched new lows, Blitzer noted.

Where home prices are rising fastest

In 13 of the 20 cities, average home prices fell in March from the year before. Atlanta fared the worst, with

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There has never been a better time to refinance your mortgage. Rates are at record lows. The government is devising new programs to help homeowners. The economy and job market are improving, albeit slowly.

Adrian Lubbers

In theory, those factors should be producing a boom in mortgage refinancing. But locking in a deal is proving to be a challenge these days—even for well-heeled homeowners.

That is because low appraisals and tight lending standards are making it difficult for many borrowers to refinance, even if they have good credit and substantial assets. Even those who meet these hurdles can face frustrating waits.

The good news is that borrowers aren't powerless in the process. By shifting assets to your mortgage lender,

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Following lower bond yields, the 15-year fixed fell below 3 percent, while the 30-year fixed set a new record-low as well, according to Freddie Mac’s Primary Mortgage Market Survey.


The 30-year fixed-rate mortgage dropped to 3.75 percent (0.8 point) for the week ending May 31. Last week, it averaged 3.78 percent, and last year, it was 4.55 percent.

The 15-year fixed slid into new territory, averaging 2.97 percent (0.7 point), down from 3.04 percent. A year ago at this time, the 15-year fixed stood at 3.74 percent.

The 5-year ARM averaged 2.84 percent (0.6 point), up from last week’s average of 2.83 percent. A year ago, the 5-year ARM averaged 3.41 percent.

The 1-year ARM remained unchanged from last week at 2.75 percent (0.4

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Zillow issued a released Friday reporting that both national home values and rents rose in the month of April.

According to the April Zillow Real Estate Market Reports, national home values rose 0.7 percent in April to a Zillow Home Value Index of $147,300. This is the largest monthly increase in home values since January 2006, and it makes April the second month in a row in which home values climbed up.

Zillow also reported that rents rose from March to April, increasing by 1.6 percent, according to the Zillow Rent Index. Of the 178 markets covered by Zillow, 78 percent experienced a rise in rents.

The Miami-Fort Lauderdale and Phoenix metro areas saw the biggest increases in home values, rising 1.6 and 1.9 percent, respectively. Values

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With OC Real Estate market really picking up the last few months, more and more home buyers are relizing that they may have needed to start earlier than the Spring Sales Season to find that next home. As stated in the Real Estate Industry the term location, location, location means a great deal. In this day and age the Schools and School Districts are largely one of the biggest draws for home purchasers, so I say the term is now changing to Schools, Schools, Schools. We are very blessed here in Orange County with many exceptional schools and districts throughout. A great tool to use and find the ratings for schools is the site this will give you one of the most comprehensive rating system, with much criteria to fully understand the

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When Traveland in Irvine closed earlier this year, it looked like the end of an era.

The family-oriented, Old West-style recreational vehicle mall – one of the first of its kind in the country – was disbanded after a nearly 40-year run when the Irvine Co. decided not to renew Traveland's lease.

Article Tab: mcmahon-ceo-motorhome-lon Brent McMahon, CEO of McMahon's RV, isn't shy about having his picture on top of a 32-foot Hurricane motor home. He has relocated to 20 acres between the 22 and I-405 freeways on the former site of Sunset Ford in Westminster, after he and many other dealers lost their space when Traveland, a long-time RV mall in Irvine, closed. CINDY YAMANAKA, THE ORANGE COUNTY REGISTER MORE PHOTOS » ADVERTISEMENT

With $4-a-gallon gasoline and a struggling

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Southern California consumers felt a double dose of pain in March with rising gasoline and grocery prices contributing to a 1% jump in inflation, the highest one-month increase in a year, the government reported today. Year over year, local prices were up 2%.

Nationwide, the Consumer Price Index increased 0.3% in March and 2.7% year over year.

In the Orange County-Los Angeles-Riverside area, the price of a gallon of unleaded gasoline rose 10% in March following a 14.7% increase in February, according to the government. The year-over-year price has gone up double digits 16 months straight.

Gasoline prices have eased a little in recent weeks. Orange County motorists are paying an average $4.23 a gallon for unleaded gasoline today, down from $4.38 a

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