Other Recent Articles
O.C. Commercial Construction Down 33%
In 2009 Orange County’s non-residential construction fell to the lowest level in 14 years.
The estimated value of building permits of offices, hotels and other non-residential structures totaled $951 million, which is down 33.7% from 2008 and nearly 2/3 below the level of Orange County building in 2006. This is the lowest level since 1995.
In Orange [...]
Homebuying Activity In O.C. Up 7%
In latest Orange County homebuying report – based on the 22 business days ending on January 8 – O.C. shoppers bought 2,569 residences. That was a 7% increase in buying activity from last year.
The median selling price of homes during this period was $430,000, a 8.9% increase from a year ago. Home sales of new homes [...]
Renters In Lake Forest Get Big Price Cut
Lake Forest apartment renters got the biggest O.C. rent cuts in the fourth quarter
of 2009. On average renters in Lake Forest got an average of $173 a month off their rent – an 11.4% cut.
The average rent in the city was $1,347 a month during the fourth quarter compared to $1,520 in the fourth [...]
How To Show A Home Based On Feng Shui
1. Look at the placement and maintenance of the front door, which is considered the “mouth of chi” and one of the most powerful aspects of the entire property. Good fortune enters through the front door. It’s also the first impression buyers have of how well the sellers have taken care of the rest of the [...]
28Jan2010 | Adam | 0 comments | Continued
Renting In Newport Beach Is Like Buying A Mortgage
The average Newport Beach apartment rented for $1,902 a month in the last three
months of 2009 – just $400 less than the typical Orange County mortgage payment. Landlords in Newport cut rents by 2.2%, to try to fill the 5.8% vacancy rate.
Countywide the average rent was $1,473. Newport Beach, Irvine, Aliso Viejo, Costa Mesa and [...]
O.C. Cities Account For 4 Top Cities In CA
According to the California Association of Realtors, Orange County had four of the top cities in the state for median home price gains in December.
Topping the list was Laguna Hills with a 62.9% jump, followed by San Juan Capistrano, Tustin and Costa Mesa. Overall the median price of O.C. homes in December was $496,070, [...]
Demand For Local Housing Up
Demand for local homes is double what it was 2 years ago. In the past two weeks the demand for homes and number of new pending sales increased by 12% to 2,547. The demand for local housing has not been this strong in January since 2004.
Based on market time it would take 3.02 months for [...]
Is Your Home Covered In The Storm?
The Insurance Information Network of California answers some frequently asked questions about what is covered on you homeowners’ insurance policy. Read up as the storms keep rolling in!
Q: Storm caused a tree to fall on my home. Does my homeowner insurance policy cover the damage?
A: Yes. The damage to your home would be covered, and most [...]
Sales Of Million Dollar Homes Fell For 4th Year
For the fourth straight year the number of Orange County homes selling for $1 million or more fell.
Overall, sales of million-plus homes were down nearly 60% since 2005.
On a positive note, sales of homes for under $1 million jumped 17.4% from the year before. Thanks mostly due to sales of homes under $500,000. Most of [...]
OC Rents Continue To Fall
In the fourth quarter of 2009 local landlords cut rent 6.7% from the fourth quarter of 2008. It’s the lowest average rent in 3 ½ years. The average rent dropped $130 a month, or 8.1 percent, since that summer 2008 peak.
The average rent for a unit in a large Orange County apartment complex fell to $1,473 [...]
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Great info, thanks for sharing. Not much would be selling in Charleston SC if we did not have the FHA ...
I discovered your homepage by coincidence.
Very interesting posts and well written.
I will put your site on my blogroll.
:-) 
Nice writing style. Looking forward to reading more from you.
Chris Moran 
Congrats to Troy!
Aloha,
Keahi 
Very interesting information. It's nice to know that the banks may have a strategy rather than being completely reactive. ...
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin 
Hello Adam,
My husband and I participated in this years car show for the first time. My husband entered his ...
These are just a few of the things that should be taken into consideration when you are looking for a ...
I think one thing that many people underestimate is the time and money that goes into restoring an old house. ...
FHA loans over 95% require 2 apprisals with the new guidelines. The banks apparently value their opinion.