orange county real estate

Prudential California Realty Celebrates Top Agents

Prudential California Realty celebrates top agents With an outstanding year of sales for 2009, Prudential California Realty hosted its annual awards ceremony April 26 at the Richard Nixon Library and Birthplace in Yorba Linda. Recognized as sales leaders in the real estate industry, the company’s top selling agents were celebrated for their outstanding success in 2009. Prudential California Realty...

Why Bank and Government “Short Sale” Strategies Will Fail by Aaron Zapata

Why Bank “Short Sale” Strategies Will Fail      I’ve spoken to agents all over California, and we are all finding similar scenarios when it comes to working with homeowners on Short Sales (when a home is valued less than the amount owed).  What the banks and the government have failed to ask is what I believe to be the most important question of all: “Will the outcome of the short sale be...

New Condo For Sale – Laguna Niguel CA by Aaron Zapata with Prudential CA Realty

Wow, this is just what you have been looking for. Lovely 2 Bedroom 2 Bathroom end-unit Condo with Modern Design elements. This is an upstairs unit that has a master bedroom with attached master bathroom. The second bedroom has double doors that can open to the living room and a door to the hallway and it can be used as a study or bedroom. Enjoy vaulted ceilings, upgraded stainless steel kitchen appliances,...

Economist says California Tax Credit Won’t Last Through May

Economist says California Tax Credit Won’t Last Through May New home buyers will burn through the California state tax credit no later than May 20, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).  I am not surprised by this report.  I’ve done the math. The credit is limited to $100M for resale homes and $100M for new homes.  $100M divided by $10,000 = 10,000.  Only 10,000...

Are home prices really up 12 percent in Orange County CA???

The OC Register today stated that home prices are up 12%.  That sounds so great , but is that really accurate? First of all, the price they are quoting is the Median home price.  That means that 50% of the houses closed for more than $432,000 and 50% sold for less.  In reality, that means that homes under $500,000 saw bigger gains than those over that amount. Here are some March statistics for North...

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