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."
MARKETING YORBA LINDA REAL ESTATE • ANAHEIM HILLS REAL ESTATE AT THE HIGHEST LEVEL Here to Help Make Your Move Easier, Questions? Contact Us at 714•694•0880 jim@jimsalem.com
Aug 27, 2010
Aug 26, 2010
Aug 10, 2010
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.
Aug 6, 2010
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
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
Jul 30, 2010
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)
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)
Jul 24, 2010
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.
Jul 20, 2010
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
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
Jul 15, 2010
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
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
Jul 6, 2010
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.
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.
Jun 25, 2010
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.
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.
Jun 21, 2010
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 market18 of these are Short Sales
1 of these is Bank Owned
Click on the Chart Below to Enlarge
Jun 9, 2010
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
May 28, 2010
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 YouYou Can Click on the Chart to Enlarge
May 26, 2010
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
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
May 20, 2010
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
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May 14, 2010
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.
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.
May 11, 2010
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
14 of these homes are Short Sales
ZERO homes are bank owned!
Click on the chart to Enlarge
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