Don't be a statistic: Short Sale help is available

Finding hope can be hard when you feel like you are facing a foreclosure situation. Remember that you can take action that may help you avoid the foreclosure route. There are many options available that can help you determine if a process like a short sale is your best solution.

Get started in finding the right solution for you. We look at your personal situation and help you determine your options. Find out more about short sale information and assistance at what is a short sale now to learn about how a short sale may be your way to avoid foreclosure.

By missing just one mortgage payment by only a day, you may be in the foreclosure process. Acting quickly will help you prevent your home from undergoing foreclosure. Statistics indicate that homeowners who do not quickly indicate contact with their lender when their loan is in default will be placed into the foreclosure process. View typical foreclosure timelines to learn more about the typical timeline of a foreclosure.

Considering a short sale? Contact Short Sale and Foreclosure resource certified Orange County short sale realtors.

Search Orange County Bank Owned-REO and Short Sale Property

Finding a deal on Short Sale and Banked Owned property can be surprisingly easy in Orange County. Many home owners are considering a "Strategic Default" on payments and either lose the home by foreclosure, or sell quickly as a Short Sale to avoid foreclosure. You can view Short Sale and Bank Owned property below.

If you are a seller that is considering short selling your home, find out more information by visiting Short Sale Information and Assistance.

Orange County Bank Owned (REO) and Short Sale Property List - View by City or Area

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Aliso Viejo
Costa Mesa
Coto De Caza
Dana Point
Huntington Beach
Irvine
Ladera Ranch
Laguna Beach
Laguna Hills
Laguna Niguel
Lake Forest
Mission Viejo
Newport Beach
Rancho Santa Margarita
San Clemente
San Juan Capistrano
Talega
Tustin
Yorba Linda

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Receive a current MLS Market Snapshot by visiting
MLS Market Snapshot Report

Short Sale & Foreclosure Assistance

Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to NAR data. Prospective home buyers who are specifically looking for distressed homes can search Orange County REO & Short Sale Property.

Realtors with the SFR Short Sale & Foreclosure Designation are valuable resources to meet a growing need in the communities they serve. They have gone through training on how to manage short sale, foreclosure and real estate-owned transactions. They are also up-to-date on the resources to stay current on national and state-specific information as the distressed home market evolves. If you are a distressed home owner facing foreclosure, you do have options. You can get short sale information and assistance at GetShortSaleHelp.com.

Housing Affordability In Orange County Increases

Twenty-four percent of Orange County households can afford a typical starter home with a 10% down payment, an adjustable rate mortgage and a minimum income of $118,900, according to the California Association of Realtors. Affordability is based on 2006 fourth quarter figures and is the highest percentage since the fall of 2005.

Whereas, this is good news for Orange County home buyers, O.C. is the third least affordable market in the country, behind Los Angeles and Salinas. Full story...

Are you thinking of buying a home in Orange County? Visit GuideToLocalRealEstate.com to view all real estate listings. Or for more personalized service, give us a call, 949-285-3739.

Housing Affordability In Orange County Increases

Twenty-four percent of Orange County households can afford a typical starter home with a 10% down payment, an adjustable rate mortgage and a minimum income of $118,900, according to the California Association of Realtors. Affordability is based on 2006 fourth quarter figures and is the highest percentage since the fall of 2005.

Whereas, this is good news for Orange County home buyers, O.C. is the third least affordable market in the country, behind Los Angeles and Salinas. Full story...

Are you thinking of buying a home in Orange County? Visit GuideToLocalRealEstate.com to view all real estate listings. Or for more personalized service, give us a call, 949-285-3739.

Housing Affordability In Orange County Increases

Twenty-four percent of Orange County households can afford a typical starter home with a 10% down payment, an adjustable rate mortgage and a minimum income of $118,900, according to the California Association of Realtors. Affordability is based on 2006 fourth quarter figures and is the highest percentage since the fall of 2005.

Whereas, this is good news for Orange County home buyers, O.C. is the third least affordable market in the country, behind Los Angeles and Salinas. Full story...

Are you thinking of buying a home in Orange County? Visit GuideToLocalRealEstate.com to view all real estate listings. Or for more personalized service, give us a call, 949-285-3739.

The San Clemente Real Estate Podcast

The February edition of the San Clemente Real Estate Podcast covers recent activity in the Orange County real estate market.

We will also share the 5 most important factors to selling, as well as, talk about pre-existing homes vs. new construction.

Featured special guest is Terri Murphy of US Learning.

download podcast mp3 file subscribe to podcast feed

Don't hesitate to give us a call, 949-285-3739, with any questions you might have after listening.

Happy listening!

Orange County Home Sales - January 2007

The National Association of Realtors reports consumers are responding to more favorable housing market conditions and are expecting sales to gradually rise throughout 2007. Time will tell whether or not this holds true locally, but let's take a look at January statistics.

January figures for Dana Point show the number of new listings increased 18 percent compared to January 2006. Sold listings were down 31 percent during the same time period and market times increased 27 days or 40 percent. The average sales price increased by $11,535 or 1 percent.




New listings in Laguna Beach increased by 29 percent in January, while the number of homes that sold dropped by 38 percent. Market times increased by 27 days or 35 percent. During this same time frame, the average sales price increased 46 percent to $2,136,750.



Laguna Niguel reported 10 percent less new listings in January 2007 compared to January 2006. Market times were up by 78 percent as the number of homes sold dropped 8 percent. Sales prices in Laguna Niguel showed a strong gain of 21percent with the average sales price of $915,231.



Mission Viejo average sales price declined 2 percent to $700,123, while sales decreased by 34 percent and market times increased by 71 percent. The number of new listings decreased by 11 percent.

The San Clemente average sales price increased 14 percent or $1,108,520, compared to January 2006. The number of new listings was up by 8 percent, while sales dropped 37 percent. Meanwhile, the average market time increased 35 days or 52 percent.

San Juan Capistrano's average sales price, also, increased 29 percent this January, rising to $1,164,175. New listings were lower by 16 percent. Market times increased 46 days or 92 percent and sales were down 41 percent.

Interested in what the housing market is doing in your neighborhood? Visit EmailHouseValue.info. We would be more than happy to email you the market activity - Actives and Sold statistics - in your Neighborhood!

All stats are compiled from the Southern California Multiple Listing Service. Information is deemed reliable but not guaranteed.

2006 State Of The Market Housing Report

The California Association of Realtors (C.A.R.) 2006 Housing Report was just released documenting CA home sales fell last year after four years of impressive gains, the
share of first-time buyers was the second lowest on record and price appreciation slowed.

Additional findings:

* sales of existing single-family homes decreased 23 percent
* price appreciation slowed dramatically as the year progressed.
* buyers using a second mortgage climbed from 38 percent in 2005 to 43 percent in 2006

Interested in buying Orange County real estate. Visit GuideToLocalRealEstate.com to view all real estate listings or contact us, 949-285-3739, for professional representation.