Anaheim Hills Blog

The latest reading on the Orange County housing market from Steve Thomas at Altera Real Estate, with data as of last Thursday ... After rising much of the year ... demand, measured as new pending sales in the past month, dropped by 23 in two weeks to 3,629. Demand is +623 vs. year ago. Inventory ...

Town ZIP Price Yr. chg. Sales Yr. chg. Aliso Viejo 92656 $420,000 -5.6% 79 +9.7% Anaheim 92801 $282,500 -21.0% 39 +50.0% Anaheim 92802 $320,000 -12.3% 22 +100.0% Anaheim 92804 $305,000 -20.5% 60 +11.1% Anaheim 92805 $316,500 -11.0% 80 +233.3% Anaheim 92806 $350,000 -20.0% 13 +0.0% Anaheim 92807 ...

The Wall Street Journal reports Treasury Secretary Timothy Geithner's plan to help investors buy troubled assets from banks has lost momentum. Big banks worried about having to sell at fire-sale prices while small banks feared they would be shut out. Potential buyers balked at the risk of doing b...

June 29th, 2009, 12:05 pm · 21 Comments · posted by Jeff Collins Click to enlarge The California Association of Realtors reported that the time it would take to sell all the houses for sale in Orange County fell last month to the lowest level since October 2005, the month the housing slump began....

House prices continue to fall from year-ago levels but the rate of decline is slowing, a possible sign that price drops are approaching bottom, said Santa Ana-based First American CoreLogic’s latest Home Price Index. The index shows: •Orange County house prices fell 12.5% in April from the year b...

Investors announced bids within seconds of each other on some steeply discounted foreclosures auctioned on Friday in front of the Santa Ana Courthouse. I attended the trustee's sale to gauge investor interest these days and to see if the state's foreclosure moratorium, which began earlier this mo...

The Orange County Assessor's Office reports that more than 179,200 houses, townhomes and condos will be spared property tax hikes next fall and spring thanks to falling home values here. Guillory Some of those homeowners will see their taxes stay the same, but the majority will get a tax cut. For...

Scott Smith joins the Mike Kelly Team  Veteran award winning agent Scott Smith of Prudential California Realty has recently joined the Mike Kelly Team.  "In the most difficult real estate environment in our lifetimes, Scott has continuously demonstrated an intellectual level of professionalism t...

Crystal Sands in Laguna Niguel has sold "All Cash" for $477K. 8616 E. Canyon Vista in Anaheim Hills sold also, its sales price at $616K....according to the MLS it is day 10 today....it went into the MLS last Friday....so the real ‘days on market' is 7 (Friday-Thursday)......congratulations to all...

The Home Appraisal Mess Posted Jun 25, 2009 09:55am EDT by Joe Weisenthal in Newsmakers, Recession, Housing From The Business Insider, June 25, 2009:  We've been talking this week about the NAR's war against what it claims are low-ball home appraisals, caused by new regulations, and outside appra...