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Is a record home price on the way for Orange County? Mid-October sales offer a clue

We’re darn close to a new record median home price for Orange County. CoreLogic reported that for the 22 business days ending Oct. 21, Orange County’s median selling price for all residences was $661,000 – up 9.3 percent compared with…
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‘Bargain’ housing under $500,000 now twice as hard to find

It’s doubly hard to find Orange County housing priced under $500,000. The supply of listings of existing homes and condos in that price range is just 42 percent of what it was in April 2012, according to ReportsOnHousing. In the biweekly…

Things to Watch in Housing in 2014

Housing, it was a tale of two halves in 2013. During the first half, unusually low supplies of homes and low rates spurred bidding wars, pushing prices up sharply. During the second half, the frenzy cooled amid a sudden spike in interest rates.…

Make Your House FHA-Loan Friendly

 By  Jeannette Brown Since the Federal Housing Administration (FHA) insures a sizable portion of the mortgage loans used by today’s home buyers, it stands to reason that making your house FHA-friendly will increase its appeal to more buyers.…

Pending Sales Highest Since 2006

Southern California home sales held at a seven-year high last month thanks to a stronger economy, pent-up demand, low mortgage rates and the widening perception that a home is a good investment. Prices continued to regain lost territory as buyers…

My Monthly Newsletters are now archived on this site

I've created an archive of my monthly newsletters in case you missed one!   The are on the newsletter page at the top or just click this link, Happy Reading:  http://curtischapman.wordpress.com/real-estate-newsletters/

I am doing just fine “thank you” but the Market has Shifted

I am doing just fine thank you but the market has shifted since last year. The market is experiencing low housing inventories which are half of what they were last year putting upward pressure on prices.  Allot of it is from super low interest…

Pricing Strategy in Real Estate (Heads Up for Sellers and Beware for Buyers)

Pricing low can pay off for sellers In high-demand markets, tactic works wonders Home sellers dream of receiving more than one offer and a sale price that's higher than the list price. With inventories low in many communities across the country,…