tag:blogger.com,1999:blog-63264622011-04-21T20:18:05.861-07:00Orange County Real EstateOrange County Real Estate information can be found throughout my websites. Orange County CA Real Estate has seen great leaps and bounds in pricing and value over the past few years, so the more prepared you are when it comes time to buy or sell your Orange County real estate, the better off you are.Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comBlogger291100tag:blogger.com,1999:blog-6326462.post-1127584735003079692005-09-24T10:54:00.000-07:002005-09-24T10:58:55.013-07:00Median price of O.C. homes hits a new high in August - $617,000By JEFF COLLINS The Orange County RegisterLimited choices for home shoppers – plus continued cheap mortgages and a strong job market – helped drive local home prices in August to a seventh record peak in nine monthsThe median sales price of an Orange County home was $617,000 last month, DataQuick Information Systems reported Tuesday. Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1127254166879696662005-09-20T15:06:00.000-07:002005-09-20T15:10:06.386-07:00Emotion plays a significant role for all involvedBecause real estate is such an important cog in an otherwise lackluster economic wheel, there is a tendency right now to overemphasize the financial aspects of buying and selling houses.But a real estate deal has always been much more than just money exchanged for property. It's an emotional roller coaster, filled with highs and lows for everyone Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1114479995363282702005-04-25T18:45:00.000-07:002005-04-25T18:46:35.366-07:00Existing-home sales rose to near-record levels in March with a continuation of strong home price gains, according to the National Association of Realtors®.Total existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 1.0 percent in March to a seasonally adjusted annual rate* of 6.89 million from an upwardly revised pace of 6.82 million in February. March Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1112814538131737942005-04-06T12:08:00.000-07:002005-04-06T12:08:58.133-07:00Existing-home sales slipped in FebruaryExisting-home sales slipped in February but remained above year-ago levels, while home prices rose at double-digit rates, according to the National Association of Realtors®.Total existing-home sales, including single-family, townhomes, condominiums and co-ops, were down 0.4 percent in February to a seasonally adjusted annual rate* of 6.79 million from an Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1110907344725282882005-03-15T09:20:00.000-08:002005-03-15T09:22:24.726-08:00Home Sales to Stay in Record Territory Both new- and existing-home sales will remain historically strong this year while the pace of price appreciation should ease, according to the National Association of Realtors®.Sales of existing-homes, including single-family, condo and co-op, are expected to decline 3.2 percent to a total of 6.57 million* in 2005 from a record 6.78 million last year. Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1109649919323151322005-02-28T20:04:00.000-08:002005-02-28T20:05:19.330-08:00Sales Hold Steady for January '05Existing-home sales, revised with improved methodology, were essentially flat in January but remained at historically high levels, according to the National Association of Realtors®.Total existing-home sales, including single-family, townhomes, condominiums and co-ops, slipped 0.1 percent in January to a seasonally adjusted annual rate* of 6.80 million units from Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1109273843849579502005-02-24T11:36:00.000-08:002005-02-24T11:37:23.853-08:00Sales of existing condominiums and cooperatives hit their ninth consecutive annual record in 2004, while the pace of sales activity in the fourth quarter eased but remained the third highest quarter on record, according to the National Association of Realtors®. There were a total of 970,000 existing condo and co-op sales last year, up 8.0 percent from the previous record of 898,000 units in 2003.Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1108921001511881542005-02-20T09:35:00.000-08:002005-02-20T09:36:41.516-08:00The 9 Step System to Get Your Home Sold Fast and For Top Dollar Selling your home is one of the most important steps in your life. This 9 step system will give you the tools you need to maximize your profits, maintain control, and reduce the stress that comes with the home-selling process:1. Know why you’re selling, and keep it to yourself.The reasons behind your decision to sell affect Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1105449163444905252005-01-11T05:11:00.000-08:002005-01-11T05:12:43.443-08:00Existing-Home Sales Hit Record in November
WASHINGTON (December 29, 2004) – Low interest rates helped the market for existing single-family home sales to set the highest monthly pace on record in November, according to the National Association of Realtors®.
Existing-home sales increased 2.7 percent to a seasonally adjusted annual rate* of 6.94 million units in November from an upwardly revised Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1103780642677440202004-12-22T21:42:00.000-08:002005-01-11T05:11:48.536-08:00The nation's population grew by 1.0 percent (2.9 million people) between July 1, 2003, and July 1, 2004, to 293.7 million, according to estimates released today by the U.S. Census Bureau. With a growth rate of 4.1 percent, Nevada ranked first among states for the 18th consecutive year.
Four nearby states joined Nevada on the list of the nation's 10 fastest-growing: Arizona (second), Idaho (Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1103180563208434572004-12-15T23:02:00.000-08:002004-12-15T23:02:43.206-08:00California's Housing Affordability Index at 19 percent in OctoberCalifornia's Housing Affordability Index at 19 percent in October; down six points from year ago.The percentage of households in California able to afford a median-priced home stood at 19 percent in October, a 6 percentage-point decrease compared with the same period a year ago when the Index was at 25 percent, according to a reportDeanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1103130864580714002004-12-15T09:11:00.000-08:002004-12-15T09:14:24.580-08:00Housing Market To End Year on Strong Note
WASHINGTON (December 7, 2004) – Stronger than expected home sales and higher median prices have caused the National Association of Realtors® to revise upward its year-end forecast. Existing-home sales are expected to jump 7.9 percent to 6.58 million* in 2004, well above last year's record. For 2005, NAR projects 6.38 million sales, which would be the Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1103086956515616452004-12-14T21:02:00.000-08:002004-12-14T21:02:36.516-08:00Binding Arbitration
Binding arbitration, a little noticed clause in many agreements and contracts, strips consumers of their fundamental rights, including the right to sue individually or join a class-action suit if they have a problem with a company.
Under binding arbitration, a consumer can be forced to pay thousands of dollars upfront to pursue a complaint, travel thousands of miles to a Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1102465069732774882004-12-07T16:16:00.000-08:002004-12-07T16:17:49.733-08:00Housing Wealth Has Greater Effect Than Stocks, New Study Shows
Housing wealth has a more immediate impact on consumer spending than stock wealth and has sustained the U.S. economy since the beginning of this decade, shows a new study produced by the Joint Center for Housing Studies of Harvard University and Macroeconomic Advisers, LCC, and commissioned by the National Association of Realtors®.
Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1102464953534699082004-12-07T16:13:00.000-08:002004-12-07T16:15:53.533-08:00Top Ten Ways to Maximize Your Property's Curb Appeal
I've done it, and I'm sure Realtors experience it all the time: When a potential buyer says "There's no need to get out" when you drive up to a property that you intended to show them. The buyer has already made up their mind based upon the curb appeal of the home.
There are two main goals to maximizing a home's curb appeal:
1. Remove or Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1102204007880721032004-12-04T15:45:00.000-08:002004-12-04T15:46:47.880-08:00Rebounding Job Markets Spell Good News for Housing
While some of the nation's job markets continue to be weak, at least 18 states have already surpassed their pre-recession employment peaks and others are in position to catch up fast, and that bodes well for housing demand, according to panelists at the National Association of Home Builders' (NAHB) Construction Forecast Conference in Washington,Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1102203868131636442004-12-04T15:42:00.000-08:002004-12-04T15:44:28.130-08:00Subprime mortgages evolve, offer more choices
By Holden Lewis • Bankrate.com
Mortgages for people with flawed credit have evolved over the years, and now each loan is virtually a customized mix of rates and fees.
The industry term for a mortgage for a customer with imperfect credit is "subprime" or sometimes "non-prime." But if you're a subprime customer, you won't hear the term unless your Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1089504512369385512004-07-10T17:08:00.000-07:002004-07-10T17:08:32.370-07:00Higher Interest Rates Won't Hurt Housing, Says NAR Forecast
WASHINGTON (July 6, 2004) – Interest rates are rising due to healthy economic growth and they won't dampen the general strength of the nation's housing market, according to the National Association of Realtors®.
David Lereah, NAR's chief economist, said the cause of higher interest rates makes all the difference. "The reason interest Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1086493418869264772004-06-05T20:43:00.000-07:002004-06-05T20:43:38.870-07:00NAR Backs Zero Downpayment Bill
WASHINGTON (June 3, 2004) – First-time home buyers would be able to roll downpayment and closing costs into loans backed by the Federal Housing Administration (FHA), in legislation supported by the National Association of Realtors® and approved by the U.S. House Financial Services Committee today.
The Zero Downpayment Act of 2004, H.R. 3755, a bipartisan bill Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1086107783395316912004-06-01T09:36:00.000-07:002004-06-01T09:37:29.143-07:00April Existing-Home Sales Just Shy of Record
WASHINGTON (May 25, 2004) – Sales of existing single-family homes rose for the third consecutive month and were at the second-highest pace on record, according to the National Association of Realtors®.
Existing-home sales increased 2.5 percent in April to a seasonally adjusted annual rate* of 6.64 million units from a level of 6.48 million units inDeanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1084743714042303242004-05-16T14:41:00.000-07:002004-05-16T14:41:54.043-07:00Strong Home Price Pattern Continues in Most Metro Areas - NAR
WASHINGTON (May 12, 2004) – Median existing-home prices in most metropolitan areas continued to experience above-average appreciation in the first quarter, according to the latest survey by National Association of Realtors®.
The association's first-quarter metro-area home price report, covering changes in 126 metropolitan statisticalDeanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1084394438381645362004-05-12T13:40:00.000-07:002004-05-12T13:40:38.380-07:00Condo/Co-Op Sales Remain Close to Record in First Quarter
WASHINGTON (May 5, 2004) – Existing condominium and cooperative sales were essentially unchanged in the first quarter, posting the third highest sales pace ever, according to the National Association of
Realtors®.
The seasonally adjusted annual rate* for existing condo and co-op sales slipped 0.3 percent to 937,000 units in the first Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1084393855116785022004-05-12T13:30:00.000-07:002004-05-12T13:30:55.116-07:00Home Sales Will Be Near Record Despite Higher Interest Rates - NAR
WASHINGTON (May 10, 2004) – Economic growth is expected to remain above historic averages over the next two years, stimulating job growth and sustaining home sales despite higher interest rates, according to the National Association of Realtors®.
David Lereah, NAR's chief economist, said home sales will be strongest during the Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1084228244148732062004-05-10T15:29:00.000-07:002004-05-10T15:31:33.056-07:00Housing Affordability Rises in First Quarter
WASHINGTON (May 3, 2004) – A drop in mortgage interest rates, rising family income and a dip in home prices boosted housing affordability conditions in the first quarter, according to the National Association of Realtors®.
NAR's composite Housing Affordability Index was 144.1 during the first quarter of 2004, up 5.4 percentage points from 138.7 Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1080179373530637962004-03-24T17:49:00.000-08:002004-03-24T17:53:01.296-08:00Quick Facts
Calif. median home price - Jan. 04: $405,720 (Source: C.A.R.)
Calif. affordability index - Jan. 03: 23 percent (Source: C.A.R.)
Calif. highest median home price by C.A.R. region - Jan. 04: Santa Barbara South Coast $920,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region Jan. 04: High Desert $178,200 (Source: C.A.R.)
Mortgage rates - week ending 3/18: 30Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1078976508411886182004-03-10T19:41:00.000-08:002004-03-10T19:44:57.200-08:00Fast Facts
Calif. median home price - Jan. 04: $405,720
(Source: C.A.R.)
Calif. affordability index - Jan. 03: 23 percent
(Source: C.A.R.)
Calif. highest median home price by C.A.R. region - Jan. 04: Santa Barbara South Coast $920,000
(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region Jan. 04: High Desert $178,200
(Source: C.A.R.)
Mortgage rates - week ending 3/Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1078899365753721532004-03-09T22:16:00.000-08:002004-03-09T22:19:13.670-08:00WHAT ARE POINTS?
Points are an upfront charge by the lender that is part of the price of a mortgage. Points are expressed as a percent of the loan amount, with three points being 3 percent. On a $100,000 loan, three points means a cash payment of $3,000. Points are part of the cost of credit to the borrower.
Points can be negative, in which case they are "rebates" from the lender to the Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1074355904183441842004-01-17T08:11:00.000-08:002004-01-17T08:13:39.860-08:00Economy Stronger, Home Sales Softer in 2004
WASHINGTON (January 6, 2004) – A growing economy will help to sustain strong home sales in 2004, but housing activity isn't likely to match last year's record, according to the National Association of Realtors®.
David Lereah, NAR's chief economist, said final figures for existing-home sales will total almost 6.07 million in 2003, up 9.1 percent from Deanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.comtag:blogger.com,1999:blog-6326462.post-1074041817535852872004-01-13T16:52:00.000-08:002004-01-13T17:19:35.810-08:00Interest only loans! only 3.95%
It's easy to calculate your payment:
$300,000 x 3.95 = $11,850 (annual interest). Divide $11,850 by 12 for your monthly payment = $987.50 (not bad huh?)
1. This program is available with 3% down up to $300,000 - loan amounts go all the way up to $1,500,000 with more down.
2. FICO score for best pricing is 620, but they can do loans for this program with FICODeanna Mazurekhttp://www.blogger.com/profile/05007596589058767366noreply@blogger.com