REAL ESTATE NEWS | La Habra Heights Short Sales

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Jan 17

Concern About Another Housing Dip

Housing’s Adverse Feedback Loop When will we see a housing recovery. These words are often spoken about when I meet with homeowners contemplating what they show do, sell or stay? Most homeowners have one of these three issues. #1 I have some equity in my home. I’m not sure whether right now is the best [...]

Jan 12

Where Are Home Prices Heading?

Housing Prices – Are They Going Up, Down or All Around One of the biggest questions I get asked when I’m around the Hacienda Heights, La Habra Heights and La Habra area is where are home prices headed. It seems like everyone has a different answer according to what they saw on TV, read in [...]

Jan 11

See How Many Foreclosures Are On Your Street

Map of Foreclosures for Hacienda Heights La Habra Heights La Habra Maybe you are just curious or need to make an important decision on whether to go forward with a loan modification or short sale. Here you see the amount of properties that are in some sort of the foreclosure process. As of 1-10-2011, Hacienda [...]

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Aug 18

Gravy Train is Over for Mortgage Brokers

Fed finalizes ban on lender-paid bonuses for mortgage brokers August 16, 2010 | 10:27 am The Federal Reserve has finalized its rules banning lender-paid bonuses for mortgage brokers and loan officers who get borrowers to accept a higher interest rate than necessary. The Fed said that its consumer tests found that borrowers generally are unaware [...]

Aug 18

Home Sales Down in July

Southern California Home Sales and Median Price Dip in July August 17, 2010 from Data Quick La Jolla, CA—Southland home sales saw their biggest year-over-year drop in more than two years last month as the market lost most of the boost from the federal home buyer tax credits. The median sale price dipped for the [...]

Jul 16

Home Sellers Slashing Prices, While Banks Mow the Lawn

Yorba Linda La Habra Fullerton Brea Placentia Hacienda Heights Rowland Heights Diamond Bar Home Sellers Slashing Prices, While Banks Mow the Lawn Published: Wednesday, 14 Jul 2010 | 12:16 PM ET By: Diana Olick CNBC Real Estate Reporter That heady buzz from the home buyer tax credit is now turning into a grinding headache, as [...]

May 07

High-End Homeowners Falling Into Foreclosure Trap

High-End Homeowners Falling Into Foreclosure Trap Published: Friday, 7 May 2010 | 9:32 AM ET Text Size By: Joseph Pisani CNBC News Associate Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes—priced over a million dollars—have been falling into the [...]

May 05

When Will You Have Equity? Find Out!

How Long Will Negative Equity Last? Research Note – March 2010 Mar 25, 2010 There has been a lot of recent talk about mortgages in negative equity – underwater homes – and the impact on the housing market. In response, First American CoreLogic asked the question: When will these homes start to float? Below is [...]

Apr 29

Foreclosures moving to mid-to-high end

DataQuick: Foreclosures moving to mid-to-high end by CalculatedRisk on 4/20/2010 04:00:00 PM As a followup to the previous post, here is some more data from DataQuick: “We are seeing signs that the worst may be over in the hard-hit entry-level markets, while problems are slowly spreading to more expensive neighborhoods. We’re also seeing some lenders [...]

Apr 28

Housing Prices Have Risen?

More Incremental Gains for Southland Real Estate Market April 13, 2010 Sales Volume Median Price All homes Mar-09 Mar-10 %Chng Mar-09 Mar-10 %Chng Los Angeles 5,971 6,747 13.0% $300,000 $329,000 9.7% Orange 2,433 2,652 9.0% $385,000 $432,000 12.2% Riverside 4,409 4,156 -5.7% $187,000 $198,000 5.9% San Bernardino 2,897 2,955 2.0% $150,000 $152,000 1.3% San Diego [...]

Apr 14

Housing Market Will Peak After 2025

As the days, months and years go by, the return of the housing market gets farther and farther away. It seems as we continue to peel away the issues at hand we start to see what has been truly done and the news although sometimes grim, becomes more and more accurate. Peak House Prices Will [...]

Apr 08

How to create a valuable emergency kit

How to create a valuable emergency kit With all the natural disasters highlighted in the news. It makes you think if you are prepared. Here’s a helpful video that shows what you need to create a valuable emergency kit. How to Create a Valuable Emergency Kit

Mar 30

No Positive Equity Until Late 2015 to Early 2016

HOW LONG WILL NEGATIVE EQUITY LAST? MARCH 2010 Summary * First American CoreLogic estimates that the typical U.S. homeowner who is in a negative equity position will not experience positive equity until late 2015 to early 2016. * In some depressed markets, the typical borrower in negative equity may not experience positive equity until 2020 [...]

Mar 29

New Foreclosure Prevention Plan Announced

New Foreclosure Prevention Plan Announced President Obama is announcing an expansion of foreclosure-prevent tactics, including a plan to reduce principal balances and special aid for unemployed borrowers. The bulk of the responsibility for carrying out the new program will be assigned to the Federal Housing Administration, which will insure lenders against part of the losses. [...]

Mar 15

Loans Going Bad Faster

Loans Going Bad Faster Than the Fixes Published: Monday, 15 Mar 2010 | 3:44 PM ET By: Diana Olick CNBC Real Estate Reporter The good news is the pace of loan deterioration is slowing. The bad news is we are still seeing record high delinquencies, and new delinquencies are outpacing loss mitigation efforts. Lender Processing [...]

Mar 05

Real estate slump will end next year: Buffett

Real estate slump will end next year: Buffett 05:55 AM Mar 01, 2010 http://www.todayonline.com UNITED STATES – America’s most listened-to investor Warren Buffett said the United States residential real estate slump will end by next year, predicting that’s how long it will take demand for homes to catch up with the supply. “Within a year [...]

Feb 18

Could your “dream house” be a “house of horror”?

It’s like a fairy tale: your dream house with a white picket fence surrounded by blooming flowers, shade trees and an almost meditative silence, save for rustling leaves, chirping birds and the distant hum of a lawn mower. What could possibly be wrong with this idyllic picture? Nothing … it seems … until your research [...]

Feb 18

myHomeownerHotline Introduction

Loan Modification -Short Sales-Foreclosures Welcome To myHomeownerHotline.com Here you will learn how to successfully stop Foreclosure by Loan Modification, Short Sale, Deed in Lieu. You will get helpful hints to take the necessary steps to get on the road to recovery on your terms, not the banks.