Weir Canyon Market Update

There are now 44 Single Family Homes listed For Sale in the SoCalMLS in the Weir Canyon area of Anaheim Hills. 22 of these homes are Short Sales
2 of these homes are Bank Owned.
An additional 22 Homes are now in Escrow in the area.
Contact us for a Market Update of your specific neighborhood.

Weir Canyon Market Update

There are now 53 Single Family homes listed for sale in the Socal MLS in the Weir Canyon area of Anaheim Hills.
4 of these homes are Bank Owned
22 of these homes are Short Sales
An additional 19 Homes are now in Escrow
Contact us for details or to receive specific information about a home for sale or about home sales in your neighborhood.
You can click on the chart to enlarge

Why Buy a Condo? Anaheim Hills House $369,900!

Coming on the Market. Call to be the first to see.

Anaheim Hills Single Story House. 3 Bedrooms, 2 Baths, 2 Car Attached Garage. May qualify for FHA with only $13,000 Down! - SOLD

Only $369,900

East Hills Neighborhood Yard Sale is Saturday Nov. 13

We will be sponsoring a Neighborhood Yard Sale on Saturday, November 13, 7:00am to Noon for residents in the East Hills Association area of Anaheim Hills. Lots of homes will be selling lots of things so look for the signs directing to the homes near Weir Canyon and Santa Ana Canyon.

To sign up your home to participate email your name, address and phone number to jim@jimsalem.com or call our 24 hour hotline at (714)481-3009. Everyone is welcome to participate in this free event.

Happy Veteran's Day!

Thank You Veterans for your service and your sacrifice.

Weir Canyon Market Update - Homes Recently Sold

There are now 23 homes in Escrow in the Weir Canyon area of Anaheim Hills.
This chart shows the List Price, the Final Sales Price is not released until escrow closes.
For more details Call or email us.
Click on the Chart to Enlarge

BANK OWNED DEAL OF THE WEEK!

This newly listed Bank Owned Anaheim Hills Home has 4 Bedrooms 3 Baths and is over 2,250 sqft. Built in 1997. Call for Details or a Private Showing.

List Price: $601,800

Weir Canyon Market Update

There are currently 50 Active Single Family homes listed For Sale on the Socal MLS in the Weir Canyon area of Anaheim Hills.
3 of these homes are Bank Owned/REO
20 of these homes are Short Sales
Call or email us if you want a custom list of homes for sale or information on a different area.
You can click on the chart to Enlarge

East Hills Neighborhood Yard Sale Sat, Nov 13

We will be sponsoring a Neighborhood Yard Sale on Saturday, November 13, 7:00am to Noon for residents in the East Hills Association area of Anaheim Hills. Lots of homes will be selling lots of things so look for the signs directing to the homes near Weir Canyon and Santa Ana Canyon.

To sign up your home to participate email your name, address and phone number to jim@jimsalem.com or call our 24 hour hotline at (714)481-3009. Everyone is welcome to participate in this free event.

First Team Pumpkin Patch & Salvation Army Fundraiser

Free Pumpkins at our First Team Real Estate Anaheim Hills office. Proceeds from the bake sale go to the Salvation Army. Saturday Oct 23, 2010

9am to Noon. Costume contest at 11:00am

Anaheim Hills Bank Owned Home only $525,000

4 Bedroom 3 Bath almost 2,000 sqft Anaheim Hills Bank owned home for only $525,000.
Call for details, to arrange a showing or for your Custom list of homes for sale.
370 S. Larkwood St, Anaheim Hills 92808

Mortgage Rates Continue to Fall to New Record Lows

30-Year Mortgage Rates Plumb New Depths

Freddie Mac reports that the average interest on 30-year fixed mortgages slipped to an all-time low, for the third consecutive week, to 4.19 percent.
At the same time, 15-year fixed-rate loans and the five-year adjustable-mortgage rate both also hit record lows. Rates on the former were 3.62 percent, while the latter averaged just 3.47 percent.
Source: The Wall Street Journal, Nathan Becker (10/15/10)

Weir Canyon Market Update

October 15, 2010 Market Update for the Weir Canyon area of Anaheim Hills

These are the homes listed by all brokers in the Socal MLS
There are currently 60 Active Single Family home listings in the area
An additional 26 homes are in escrow.
25 of the Active listings are Short Sales
5 of the Active listings are Bank Owned/REO
Contact us for a Custom list or for a specific Market Update Report for your neighborhood.
You can click on the list to Enlarge

No Short Sale Deficiencies: Starting Jan 1, 2011

No Short Sale Deficiencies: Starting January 1, 2011, a seller's first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale.  Providing written consent to a short sale shall obligate the first trust deed lender to accept the sales proceeds as full payment and discharge of the remaining amount owed on the loan.  This law applies to first trust deeds secured by one-to-four residential units, but does not limit the lender from seeking damages for fraud or waste by the borrower.

Weir Canyon Market Update

October 1, 2010 Market Update for the Weir Canyon area of Anaheim Hills
These are the homes listed by all brokers in the Socal MLS
There are currently 59 Active Single Family home listings in the area
An additional 31 homes are in escrow.
33 of the Active listings are Short Sales
5 of the Active listings are Bank Owned/REO
Contact us for a Custom list or for a specific Market Update Report for your neighborhood.
You can click on the list to Enlarge

BANK OWNED DEAL OF THE WEEK!

Almost 3,000 sqft 4 Bedroom, 3 Bath Anaheim Hills Home

Built in 1991, Modern and Open Floor Plan, only $589,900

Anaheim Hills Bank Owned Home!

7987 E. Altair Ln, Anaheim Hills 92808
BANK OWNED/REO. Spacious, Light & Open Anaheim Hills Home! 3 Bedrooms & Loft / Den that makes a great office or play area! Panoramic city lights & hills views from Master Suite and Loft. Pool sized private back yard! Double door front entry with decorative leaded glass. Beautiful Hardwood floors in Living Room & Dining Room! Dramatic spiral staircase and Brick Fireplace! Newer Designer Paint! Modern, smooth textured ceilings! Plush Newer Carpeting! Newer Decorator Lighting! Light & Bright Kitchen with Garden Window, Newer Oven, Newer Built-in Microwave and Chef's style sink with pull-out faucet! Kitchen overlooks family room and spacious yard. Master suite with double door entry, walk-in closet, oval tub and separate shower! Tile roof. Automatic sprinklers. Central Air. ONLY $497,100

What's Listed For Sale Today in the Weir Canyon area

There are 64 Single Family Homes on the Market in the Weir Canyon area of Anaheim Hills.
22 of these homes are Short Sales
6 of these homes are Bank Owned/REO
An additional 32 homes are Now In Escrow
The list below shows the ACTIVE Listings as of Sept 16, 2010 Listed by All agents in the MLS.
Click on the Chart to Enlarge

First Team Real Estate Announces Housing Stimulus Package to Help Home Buyers & Sellers

Mortgage Rates Continue to Fall

Average interest on long-term mortgages slid to a record low for the eighth time in nine weeks and could dip more. Freddie Mac reports that 30-year fixed loans averaged 4.36 percent this week, down from 4.42 percent a week ago; the 15-year fixed rate fell to a new low of 3.86 percent from 3.90 percent; and adjustable-rate mortgages were also below 4 percent.


The Mortgage Bankers Association's Michael Fratantoni said the group expects that rates "will begin to rise as the economic situation improves along with jobs."

Anaheim Hills Home Value Index

Anaheim Hills Zillow Home Value Index

Anaheim Hills Home Values - Interactive chart

BANK OWNED DEAL OF THE WEEK!

SPACIOUS BANK OWNED HOME! ONLY $662,000 FOR 2,800 SQFT IN GREAT ANAHEIM HILLS AREA! BUILT IN 1997, 4 BEDROOMS + BONUS ROOM, 3-FULL BATHS. 1 BEDROOM + BONUS ROOM DOWNSTAIRS! PERGO FLOORING IN KITCHEN AND FAMILY ROOM. BUILT-IN REFRIGATOR, ISLAND IN KITCHEN. GRANITE ENTRY & HALL, FIREPLACE IN FAMILY ROOM, PLANTATION SHUTTERS IN LIVING & BONUS ROOM. ROMAN TUB IN MASTER BEDROOM. LOTS OF POTENTIAL!! MASTER BEDROOM HAS PEAK-A-BOO VIEW OF CITY LIGHTS.

What's Listed For Sale Today in the Weir Canyon area

These are the Homes listed for sale by every broker in the MLS in the Weir Canyon area of Anaheim Hills
There are 63 Active Single Family Homes Listed
21 of these are Short Sales
4 of these are Bank Owned
Call us for a Custom List of any area
Click on the Chart to Enlarge

Huge East Hills Community Yard Sale August 7

We will be sponsoring a community yard sale. Over 70 Families will be selling lots of stuff on Saturday August 7 from 7:00am to Noon. Look for the Signs along Santa Ana Canyon & Weir Canyon

Record Lows Continue for Mortgage Rates

The 30-year fixed mortgage rate fell to a new low of 4.54 percent this week from 4.56 percent last week and an average of 5.25 percent a year ago.

The 15-year fixed loan rate also hit a record low of 4 percent, down from 4.03 percent a week ago and 4.69 percent last year. The five-year adjustable-rate mortgage averaged 3.76 percent, compared to 3.79 percent last week and 4.75 percent a year earlier; and one-year ARMs averaged 3.64 percent, down from 3.7 percent and 4.80 percent, respectively
Source: The Wall Street Journal, Nathan Becker (07/30/10)

Property Tax Value Notices Have Been Sent Out

If you do not agree with the value of your home listed on your property tax value notice you have until September 15, 2010 to file an Application for Changed Assessment. Go to the link on the right - Reduce Your Property Tax.

Weir Canyon Market Update

Inventory of Homes on the Market is still Climbing in the Weir Canyon are of Anaheim Hills.
61 Houses are listed for sale by All brokers
22 of these are Short Sales
2 of these homes are Bank Owned
Call or email for a custom list of homes emailed to you
Click on the Chart to enlarge

5-day loan mod event starts Friday July 16

Chase is having a 5-day event in Costa Mesa to help struggling homeowners who have Chase, EMC or WaMu-serviced mortgages.
The bank says loan advisors will offer counseling for homeowners applying for modifications, and for customers who are current on their mortgages but having a hard time keeping them up. There also will be help with short sales for customers who cannot afford their home or don’t want to stay in it. And those applying for trial modifications will be able to drop off the necessary documents.
More than 50 of Chase’s home loan counselors will be available, according to the news release.
The event, at the Hilton Orange County at 3050 Bristol St., begins Friday and runs through Tuesday, July 20. The hours are 8 a.m. to 8 p.m

Market Update

The Inventory of Homes is Still Rising in the Weir Canyon area of Anaheim Hills as it is in Most Parts of Orange County.
Today there are 57 Single Family Homes listed for Sale by All Brokers.
20 of these homes are Short Sales
Only 1 home is Bank Owned.

Rates on Mortgages fall to the lowest level on record

Rates on 30 Year Fixed Mortgages fall to 4.69%, the lowest level on record, Freddie Mac says.

WASHINGTON (AP) -- Mortgage rates fell this week to the lowest level on record, giving consumer's added incentive to lock in low payments for home purchases and refinanced loans.
The average rate for 30 Year Fixed loan sank to 4.69%, from 4.75% last week, Mortgage Company Freddie Mac said Thursday. That's the lowest point since Freddie Mac began tracking rates in 1971. The previous record of 4.71% was set in December 2009.
15 Year Fixed Rate mortgages fell to an average of 4.13%. That was the lowest on record dating back to September 1991. It was down from 4.20% a week earlier.

Weir Canyon Market Update

The Inventory of Homes is Rising in the Weir Canyon area of Anaheim Hills, mostly with new Short Sale Listings.

There are 49 Houses Now on the market

18 of these are Short Sales

1 of these is Bank Owned

Click on the Chart Below to Enlarge

Weir Canyon Market Update

There are now 44 Single Family Homes listed for Sale in the Weir Canyon area of Anaheim Hills

12 of these are Short Sales

1 is Bank Owned

The average Days on Market for these 44 homes is 65 days

Call us for more details or a neighborhood update

You can click on the Chart to Enlarge

FORECLOSURE FRIDAY

These are the Bank Owned Homes Now Listed in Anaheim Hills, Yorba Linda, Placentia and Surrounding Areas.

Call for a Customized List to be Emailed to You

You Can Click on the Chart to Enlarge

Weir Canyon Market Update

There are 36 Houses on the Market in the Weir Canyon area of Anaheim Hills
10 are Short Sales
1 is Bank Owned
Email us if you would like a custom list of Homes
Click on the Chart to Enlarge

Beautiful & Affordable New Listing

Anaheim Hills Single Story View Home only $369,900!

See a Visual Tour at: http://www.137larkwood.com/
Come by the Open House This Sunday and Bring a Friend

Distressed Home Owner Free Public Seminar

First Team Real Estate will be Sponsoring a Free Seminar for Home Owners that are having problems making their payments and want to know their options. Tell anyone you know who may need this help.
Saturday May 15 from 10:00am to Noon at the Anaheim Hills Community Center - Santa Ana Canyon Rd just west of Weir Canyon Rd

Some of the topics discussed:
Loan Modification Programs
Foreclosure Prevention
Balancing Personal Finances
Short Sale vs Foreclosure
Understanding Credit Reports and Scores

A Private Consultation is also available for those who prefer - just call us to schedule.

FORECLOSURE FRIDAY

These are the Bank Owned Properties listed in Anaheim Hills, Yorba Linda and Surrounding area.

Email us if you would like a Customized List of Bank Owned Homes.

Click on the chart to enlarge.

Market Update

There are 36 Single Family Homes on the Market in the Weir Canyon area of Anheim Hills listed by all Brokers.
14 of these homes are Short Sales
ZERO homes are bank owned!
Click on the chart to Enlarge

This Chart Shows the 55 Homes and Condos Now Listed For Sale in the Weir Canyon area of Anaheim Hills by All Brokers in the SCMLS.
There are 55 Active Listings
22 of these are Short Sales
5 of these are Bank Owned
Call us For a Custom List
Click on the Chart to Enlarge

Huge East Hills Community Yard Sale May 1st

Over 70 Homes will be participating in the East Hills neighborhood community Yard Sale. Saturday May 1st from 7:00am to Noon. Signs will be posted along Weir Canyon and Santa Ana Canyon directing to the homes. The weather should be great!
If you live in Anaheim Hills or Yorba Linda and want to have a Garage Sale, Call us to borrow our Garage Sale Signs. There is No Charge and we will drop them off, then pick them up after your garage sale.

FORECLOSURE FRIDAY

These are Bank Owned Houses in North and Central Orange County. Call us for a Customized List. You can Click on the Chart to Enlarge.

FORECLOSURE FRIDAY

These are the Bank Owned Detached Properties in Anaheim Hills, Yorba Linda and Surrounding Areas. For a Customized List, Call or Email Us. Click on the Chart to Enlarge.

Todays Market Snap Shot - Listed Homes

There are 40 Houses listed for Sale in the Weir Canyon area of Anaheim Hills.
10 of theses Homes are Short Sales
Only 2 of these homes are Bank Owned
Call Us for a Customized list of Homes. Click on the Chart to Enlarge.

FORECLOSURE FRIDAY

These are the Bank Owned Homes Now on the Market in Anaheim Hills & Yorba Linda. Contact Us if you would like a Customized list. Click on the Chart to Enlarge.

Todays Market Snap Shot - Listed Homes

There are 42 Houses Listed on the Market Today in the Weir Canyon Area of Anaheim Hills. These are All Listings by All Brokers.
13 of these homes are Short Sales
Only 2 of these homes are Bank Owned - For a Larger View, Click on the Chart

Coming on the Market - only $449,900

Single Story Anaheim Hills Home is being readied to put on the market. Not a Short Sale or REO - FHA first time buyers are welcome, buy in April and be eligible for up to $18,000 in tax credits.

354 S. Basil St, Our New Listing in Anaheim Hills

Beautiful Anaheim Hills View Home on Quiet Cul-de-Sac Street. 3 Bedrooms, 2.5 Baths and 3 Car Attached Garage. New Decorator Paint Inside and Out. New Covered Patio and Wrap Around View Balcony. Light & Open Kitchen was Remodeled and Redesigned with Upgraded Cabinets and Includes Double Oven with Convection, Built-in Microwave, Trash Compactor and Breakfast Nook. Living Room and Dining Room have Vaulted Ceilings. Family Room with Brick Trimmed Fireplace. Spacious Master Suite with Vaulted Ceiling, Double Sink Vanity, Walk-in Closet and French Doors Leading to Balcony with Panoramic View of Hills and Park. Newer 6 Panel Doors Throughout. All Bedrooms have Mirrored Closets with Custom Closet Organizers. Indoor Laundry Room. Garage Includes Roll-up Doors with Windows, Automatic Opener and Storage Cabinets with Workbench. Tile Roof. Low Property Tax Rate and No Mello Roos Tax. This Home is Eligible for Both State and Federal Income Tax Credits if Buyer is Eligible

See a Visual Tour at: 354Basil.com

This Weeks New Listings in the Weir Canyon area of Anaheim Hills

New Listings This Past Week (click on the chart to enlarge):

FORECLOSURE FRIDAY

These are the Bank Owned Properties Now Listed for Sale in Anaheim Hills and Yorba Linda. You can Click on the Chart to Enlarge. You Can Call or Email Us for a FREE Customized List of Bank Owned Homes for Other Areas or Prices.

$18,000 in Combined Homebuyer Tax Credits for a Limited Time

Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive. Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupied as provided under California law.

Under the federal law slated to soon expire, a first-time homebuyer may receive up to $8,000 in tax credits, and a long-time resident may receive up to $6,500, for certain purchase contracts entered into by April 30, 2010 that close escrow by June 30, 2010. Additionally, under a newly enacted California law, a homebuyer may receive up to $10,000 in tax credits as a first-time homebuyer or buyer of a property that has never been occupied. The new California law applies to certain purchases that close escrow on or after May 1, 2010 (see Cal. Rev. & Tax Code section 17059.1(a)(4)). California law generally allows buyers of never-occupied properties to reserve their credits before closing escrow, but buyers seeking to combine the federal and state tax credits will not be able to satisfy the timing requirements for such reservations (see Cal. Rev. & Tax Code section 17059.1(c)(1)(A)). Other terms and restrictions apply to both tax credits.

What's Listed For Sale Today in the Weir Canyon area

There are 59 Homes Listed for Sale in the Weir Canyon area of Anaheim Hills today, these are all of the listings by all brokers. The Address and Prices are Listed Below:
21 of these homes are Short Sales
6 of these homes are Bank Owned

New California Home Buyer Tax Credit for 2010 & 2011

Governor Arnold Schwarzenegger signed a bill offering California’s second round of tax credits to buyers who purchase a home in the Golden State. This time, the state has doubled to $200 million the amount of credits it will allow. The bill allows up to $10,000 in tax credits, both for new-home buyers and for first-time buyers of existing homes. The last round of tax credits, which were for new-home purchases only, were extremely popular. Sales of newly built homes rose, and buyers depleted the full $100 million eight months before the deadline. The state tax credit will become effective May 1, shortly after a federal tax credit expires. The bill:

• Provides a 5 percent tax credit, up to a $10,000 limit, to all buyers of new, never-occupied homes.
• Provides a 5 percent tax credit, up to a $10,000 limit, to first-time buyers of existing homes.
• Sets aside $100 million for each program, for a total of $200 million.
• Requires buyers to close escrow between May 1 and Dec. 31 to qualify.
• New-home buyers have until Dec. 31 to sign a purchase contract, and then must close escrow by Aug. 16, 2011.
• Requires buyers to live in the home for at least two years.
• Provides for the tax credit to be paid in thirds over a three-year period. Buyers can waive whatever state taxes they owe – up to $3,333 – in each of the three years after buying a $200,000 or higher priced home.
• Sets no income limitations on buyers.
• Requires buyers to repay the tax if they fail to live in the home for two years or fail to close escrow on a new home by Aug. 16, 2011.

Recent Sales in the High End of Our Market

Three Homes went into escrow this past week in the Higher Price Range!

First Team Estates won 1st place during the “2010 Leading Real Estate Companies of the World Marketing Contest” in the “Luxury Portfolio” category for our "Live Beautifully" luxury listing presentation. First Team Estates also claimed 2nd runner up honors up for our "Live Beautifully" print advertising campaign as seen in Riviera Magazine. Over 600 top real estate companies are members of Leading Real Estate Companies of the World and can compete for the coveted awards

Local DEALS ON MEALS in the Weir Canyon area:
First Class Pizza in Anaheim Hills, Weir & Serrano by Ralphs Grocery - Some of the BEST food at any price and one of my Favorite pizzas - Get online coupons at:  www.first-class-pizza.com/
Pick-up Stix - Buy 1 get 1 FREE, print the coupon at:  http://www.pickupstix.com/offers/dragondeals/

Chick-fil-A  In March - What ever you buy on Friday - Bring the receipt back before the end of the month and get the same meal for FREE! Also - FREE breakfast at the Savi Ranch Chick-fil-A on Monday mornings in March

Tully's Coffee is Now Open in the old Starbucks location at Weir & Serrano - Look for Grand Opening Specials in April

Let me know if you see any other Meal Deals in the area or if your Restaurant has a special. jim@jimsalem.com

Today there are 42 Homes in Escrow in the Weir Canyon Area of Anaheim Hills.
Here are the addresses and the List Prices of the Homes in Escrow, the Final Sales Price may be Higher or Lower and won't be published until the Home closes escrow.
If you want to know the Final Sales Price of certain homes, email the address to us at jim@jimsalem.com and when it closes escrow, we will email the Sold price to you.

OUR BEAUTIFUL NEW ANAHEIM HILLS LISTING! 8505 E. MEADOWRIDGE ST

See a Visual Tour at http://www.8505meadowridge.com/  only $599,900

Resort Style Living! Beautiful, Highly Upgraded Home with Private Pool/Spa and Breathtaking Panoramic Views! 3 Bedrooms plus a Den/Office with Built-in Desk & Bookcase. 2.5 Bathrooms. Great Location at the end of a Quiet Cul-de-Sac. Inviting Front Door with Etched Glass. All New Kitchen with Custom Cabinets, Granite Counters, Stainless Appliances and Garden Window. Hardwood,Plank Wood Flooring Throughout. Smooth Textured Vaulted Ceilings. Upgraded Floor & Crown Molding. Decorator Lighting Fixtures. Designer Paint. New Energy Efficient Windows and Doors. Custom Window Shutters. Elegant Marble Fireplace in Living Room and Second Stone Fireplace in Family Room. Remodeled Guest Bath with New Granite Topped Vanity. Decorative Metal Railings. Lush Professional Landscaping with Auto Sprinklers and Spot Lighting. New Water Heater. Newer A/C and Rebuilt Furnace. Insulated Roll-up Garage Door with Windows and Opener. Tile Roof. Possible RV Access on Side. Low Property Taxes & No Mello Roos Tax!