June 2011

There are 14 blog entries for June 2011.

Our partners at Smart Credit posted an encouraging study on Housing, Own vs. Renting, and the general optimism of the economy. Although people are moving forward with a great degree of caution, there are positive signs regarding overall consumer confidence. Here is the Latest Data from Fannie Mae’s Housing Report…

Fannie Mae is The Federal National Mortgage Association (FNMA). Fannie Mae operates in the U.S. secondary mortgage market and works  with mortgage bankers, brokers and other primary mortgage market partners to help ensure they have funds to lend to home buyers at affordable rates. Fannie has been conducting a survey called the “Fannie Mae National Housing Survey” for the following times: first quarter 2011,  fourth quarter 2010, January 2010,

The real estate news has gotten continually worse lately but there are positive signs starting to pop up out there and even though the recovery might not be proceeding as swiftly as most of us would like, the fact of the matter is, it will begin to trend upward. The KCM Crew has surfaced a new study that takes the opinions of 108 economists and compiled their thoughts on…House Prices Through 2015. Everyone seems to have an opinion on where home prices are headed. Housing bulls are saying prices may start rebounding as early as later this year. Some housing bears are saying that prices may still drop another 10-15%. What actually is going to happen? No one knows for sure. However, Macro Markets, a financial technology company, actually surveyed 108…

Uncertainty is the word of the hour in real estate but there are several factors the KCM Crew lay out below that are pointing to the fact that there may be … A Window of Opportunity for House Sellers. There has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers have a window of opportunity for the next 90-120 days in which to sell their homes for maximum price. We believe there will be increased downward pressure on home prices later this year and the first half of 2012.

Why renewed downward pressure?

Any item’s price is determined by ‘supply and demand’. In many parts of the country existing housing inventory…

From OC Metro Orange County’s economic future is based largely on the housing industry. BY STEVE CHURM Orange County’s economic recovery is indeed slowing, but ears of another recession or “double dip are unfounded, according to conomists at Chapman University.  The highly anticipated midyear economic update, presented by the A. Gary nderson Center for Economic Research at Chapman University, today confirmed hat both the regional and national economies have been buffeted by a series of actors that have combined to put the brakes on the weak, but steady recovery over he past 18 months. Soaring gas prices, the Japanese earthquake and the end of overnment stimulus spending, as well as the federal budget impasse, have impacted manufacturing output and…

First Team Estates®, the luxury arm of California’s number one ranked independent real estate firm, First Team® Real Estate, has announced that top producing agent, Karen Marston, has joined the company’s Newport Beach office. Marston specializes in all types of residential real estate sales in Newport Coast and the exclusive, gated community of Ziani, where she calls home. Karen also serves the communities of Newport Beach, Corona del Mar and Irvine. She is a designated First Team Estates agent with expertise in luxury property sales. Born into a successful real estate family – her parents, Max and Lois Cornwell of Walker & Lee Real Estate, were top produces in Newport Beach and Corona del Mar for more than 30 years - Marston joins First Team with her…

The Price of a home versus the Cost of the home is often a calculation over looked. Our friends at Keeping Current Matters touch on this and bring 4 articles that all talk to the point that this is the time to buy. Why They Are Saying to Buy A Home Now?… Despite what appears to be a non-stop wave of tough news regarding real estate, four major media players have come out this month with the same advice: It Is Time to Buy a Home! Here are the four articles and a breakdown as to why the advice makes sense. The Wall Street Journal: Why It’s timeto Buy CBS Money Watch: Why the Timeto Buy is Now Forbes Magazine: 9 Reasons toBuy a House Now National Public Radio: For Many, It’s Still a Good Time to Buya Home With prices continuing to depreciate in most…

Despite the gloom and doom headlines, today’s real estate market offers unprecedented opportunities for financial growth. Beginning Saturday, June 11, First Team® Real Estate’s Trista Bouchard will provide Southern California listeners with expert real estate and financial planning advice on her new, weekly radio program. The live, 30-minute program will air at 10:30 a.m. on KOCI Radio, 101.5 FM. “The Real Estate Show” will guide listeners toward informed real estate and investment decisions though lively discussions and sound analysis of new developments and market trends. Listeners will learn about new city-sponsored grants and tools to help buyers purchase their next home, how to incorporate real estate into an investment portfolio, construction and…