Are you looking for something fun to do in Orange County this September. Please enjoy the offerings listed below. Fun for the whole family!
Sawdust Festival Through Sep. 2 Outdoor arts and crafts festival. Watch artists create their work and buy directly from the artists while enjoying the atmosphere. Time/Place: 935 Laguna Canyon Rd., Laguna Beach Contact: 949-494-3030 / www.sawdustartfestival.org
Laguna Art-A-Fair Through Sep. 2 Stroll through Laguna Art-A-Fairs peaceful garden setting and enjoy a variety of art including oil paintings, watercolors, acrylics, drawings, photography, digital art, mixed media, sculpture, jewelry, ceramics, glass and wood. Time/Place: 777 Laguna Canyon Road, Laguna Beach
American Confidence in Housing at an All-Time High
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions.
Great News! The index reached its highest level since Fannie Mae began their survey. Breaking it down, the report revealed:
The share of Americans who say it is a good time to buy a home increased from the same time last year.
The share of those who say it is a good time to sell a home increased from the
Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors?
Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying by CoreLogic, Don’t Call it a Comeback: Housing Investors Have Been Here for Years, shows this is not the case.
Ralph McLaughlin, CoreLogic’s Deputy Chief Economist and author of the report, explained his findings at the recent National Association of Real Estate Editors conference in Austin:
“Investor buying activity in the U.S. is at record highs. And our records go back confidently, about 20 years…