Turtle Rock Irvine CA Home Sellers and Owners Happy These Days

With such beautiful parks and recreational areas, excellent geography, weather, public schools, and hiking and walking trails, location close to campus of the University of California Irvine, Turtle Rock has been a happy place for homeowners and residents for years.

With increased home sold prices and values this year, now is a particularly happy time for owners and sellers at Turtle Rock.

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Orange County CA Home Sales and Prices February 2013

Orange County CA Home Selling Market

Orange County CA homes sales and median selling prices were up last month during February 2013.

Quail Hill Irvine

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How to Transfer Your Home’s Property Tax Basis to a Replacement Home at Orange County CA

Property tax

People who want to sell a house at Orange County and buy a replacement house ask us how they can protect and transfer their prior property tax basis.

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Mortgage Debt Forgiveness Letters from Some Lenders in California

As part of the “National Mortgage Settlement” reached during 2012, some lenders in California are in the process of determining whether to forgive balances on certain second mortgage loans.

mortgage debt forgiveness

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Irvine CA Home Selling and Real Estate Trends

Woodbury Irvine

Irvine CA real estate has lack of sufficient inventory of homes for sale during this time to satisfy buyer demand.

Irvine has 190 homes listed for sale on the MLS – as of today March 14, 2013.

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Shady Canyon Luxury Homes at Irvine California

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Shady Canyon at Irvine Luxury Homes

Shady Canyon at Irvine

Shady Canyon Irvine

Shady Canyon at Irvine has been prized for its exclusive estate homes and private golf course since start of development eleven years ago.

Shady has about 400 homes or home sites – some of the most expensive properties in Orange County.

28 Boulder View at Shady Canyon – $9,499,000 – 6 bedrooms and 11 baths – 15,002 sf interior – active for sale – MLS# U12004052

Shady Canyon is a spectacular part of Irvine and Orange County CA real estate – where owners and residents seek privacy and luxury at exquisite residential properties.

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Source of some information is CRMLS, and this is for listings by all agents and brokers.

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Big Drop in Distressed Homes for Sale Listings at Orange County CA

Orange County CA real estate has experienced a big and dramatic drop in number of distressed residential properties – both short sales and foreclosures – listed for sale.

Orange County distressed homes listing inventory

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C.A.R. Launched New Tool to Help Home Buyers Bridge Down Payment Gap

California Association of Realtors 

In an effort to provide California home buyers with up-to-date information about available home buyer assistance programs, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today (February 19, 2013) launched California Mortgage Resource Directory (http://mortgage.car.org), a powerful search tool that identifies current mortgage programs in communities throughout the state.

Buyers can search by city or address for public- and private-funded assistance programs including FHA/VA, HUD, affordable fixed-rate mortgages, rehab loans, and more.

“Millions of dollars go unused every year because home buyers are unaware of the various buyer assistance programs available to them,” said C.A.R. President Don Faught. “With California Mortgage Resource Directory, REALTORS® and buyers can quickly connect with any number of home buyer resources without having to search within each municipality individually.”

California Mortgage Resource Directory helps bridge the down payment gap for homebuyers and connects them with resources that they may not have otherwise known existed. The new directory is powered by Down Payment Resource, the nation’s only web-based aggregator of home buyer programs.

“With real estate-related searches growing more than 200 percent over the past four years, it’s clear today’s buyers are increasingly using online tools to find financial information,” said Rob Chrane, president and founder of Workforce Resource, creator of Down Payment Resource. “We’re excited to work with C.A.R. to deliver this valuable information to REALTORS® and home buyers alike.”

Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Down Payment Resource, winner of the 2011 Inman News Innovator “Most Innovative New Technology” award, helps potential home buyers become qualified buyers by connecting them to hard-to-find down payment assistance funds. The tool was developed by Workforce Resource (www.workforce-resource.com) and is made available through Multiple Listing Services, REALTOR® associations, and nonprofits. 

 

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  Source of information is California Association of Realtors, February 19, 2013      

 

  Professional REALTOR® agent and broker representation and help for property owners, sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.   

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Newport Beach CA Home Selling Big Numbers to Cash Buyers

Newport Beach CA home owners sold lots of homes last year 2012 to all cash buyers.  Property sales were up and values improved.

Newport Heights homes

1,075 Newport Beach homes sold last year during 2012 – an average of almost 90 homes sold per month.

Average sold price of homes at Newport Beach last year was $1,439,382.

Cash buyers for homes

651 of the sold homes at Newport Beach during 2012 were to all cash buyers – so almost 60 percent of Newport Beach homes sales during 2012 were to cash buyers who used no purchase money loans.

It's not surprising that Newport Beach home sales were up last year – and that its home owner/sellers are getting happy again.

Newport Beach CA home selling

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This is for information only from DQNews and CRMLS and is not the providing of legal services.

 

Professional REALTOR® agent and broker representation – We help property owners, sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

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