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Understanding The Orange County Real Estate Market

Here are the latest stats for Orange County Real Estate. Understanding your market will make you a better/smarter home buyer. That is not a heart beat that is the pattern of when new listings hit the market. Peak high in the summer and peak low around the new year. Average sales price continue at the […]

Home Sales, Inventories Reach a Turning Point?

Here is a housing market update from the Association of REALTORS. Please let me know how you feel the market it changing. If you need any help in listing your property please Say Simon! Charles Simon (714)348-3050 charles@saysimon.com DAILY REAL ESTATE NEWS | FRIDAY, MAY 23, 2014 Existing-home sales posted the first rise of the […]

9 Housing Markets Soar to New Price Peaks

DAILY REAL ESTATE NEWS | WEDNESDAY, JANUARY 08, 2014 Home prices nationwide remain 17.6 percent below peak values reached in April 2006, according to CoreLogic’s latest Home Price Index, reflecting November data. Home prices are about 13.3 percent below their peak when you exclude distressed sales, such as short sales and REOs. However, 21 states […]

U.S. housing permits breach 1 million mark, home prices surge

(Reuters http://www.reuters.com/article/2013/11/26/us-housing-permits-idUSBRE9AP0NA20131126) – Permits for future U.S. home construction rose to their highest in nearly 5-1/2 years in October and prices for single-family homes notched big gains in September, suggesting a run-up in mortgage interest rates has not derailed the housing recovery. The data releases on Tuesday were the latest signs of strength in the economy, […]

Housing Affordability Reaches Record Level as Tight Credit Conditions Impede Housing Market

 National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) February 16, 2012 – Nationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards […]

New Indications Housing Recovery Is Under Way – NYTimes.com

This is another article of the change in tide for the housing market. For more information on how Orange County Real Estate is moving contact Say Simon Homes. saysimonhomes.com After Years of False Hopes, Signs of a Turn in Housing By BINYAMIN APPELBAUM WASHINGTON — Announcements of a housing recovery have become a wrongheaded rite of […]

No Deal from Super Committee: What Next?

On November 23, 2011, in Breaking News, Mortgage Financing, Politics & Government, by Robert FreedmanShare|By Robert Freedman, senior editor, REALTOR® MagazineThe first thing to note about the congressional super committee’s failure to agree to deficit cuts is that MID is spared for the time-being. Among the deals the members of the deficit-cutting committee looked at […]