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Per Trulia, There Could Be More Homes For Sale Soon

“Single-family starts are still growing at double-digit rates,” Trulia Chief Economist Ralph McLaughlin said. “Supply-constrained homebuyers should rest assured that relief is on the way.”

“Privately-owned housing starts in July increased 2.1% to 1,211,000, an increase from June’s 1,186,000, according to a report released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Housing starts increased 5.6% annually from last year’s 1,147,000.”

Although the rate of housing construction is slowing, “July represents the fourth straight month where the 12-month rolling total was flat or less than the previous month. Still, the total was the most starts in a 12-month period since May 2008.” On the other side of the coin, housing completions decreased 8.3% from June. It’s up 3.2% from previous year, 994,000.

“Single-family homes have experienced a slower recovery in the past few years, and remain under-supplied today,” Liu said. “We expect supply of single-family homes to catch up over the next few years.”

Market Trends
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
July 2016

A Banner Year for Loan Originations

With strong home sales, near-historic low interest rates, a refi boom, and steady home price appreciation, Freddie Mac’s economic team projects that mortgage originations will scale nearly $2 trillion for 2016.

The projections from the current edition of the company’s Economic and Housing Research Outlook paint a sunny picture despite what the authors term overall weak economic growth. If these projections are accurate, this would be the highest volumein four years. The impact of the UK’s Brexit vote along with other global factors, continue to keep downward pressure on U.S. rates. Freddie Mac says that this pressure is likely to remain for the foreseeable future as the outlook for a rapid global recovery remains muted. Home prices keep rising, averaging 6.2% in June. The pace of appreciation has remained fairly level in recent months, but continues well above income growth which is rising at 2-3%. Increasing inventory could further propel price growth and if interest rates should lean higher, those price gains could start pumping the brakes.

Interest Picture 01

Logitech Pop Home Switch

We’ll still need electrical outlets for the foreseeable future, but the light switch may soon be a thing of the past. The Logitech Pop Home Switch is designed to replace your typical wall switch while being far more versatile. Using a wireless connection with a stationary base — there are those pesky outlets again — it works all over your home, letting you do things like turn on the lights, start a playlist, or lock the door. It’s compatible with…

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Interest Picture 02

Toasteroid Toaster

Whether you’re making an accompaniment to your morning meal or adding an extra bit of crunch to a sandwich, the Toasteroid Toaster makes burning your bread far more fun. Inside its die-cast aluminum body is a series of microfilaments that let you toast graphics, messages, or nearly anything else you want right into your bread, from emojis to the day’s weather forecast. Of course, it also lets you set your preferred darkness, and even preview it in the app — no more mysterious…

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Kurt Galitski

THE KURT REAL ESTATE GROUP AND PROPERTY MANAGEMENT One of Orange Country's Top Real Estate Brokers If you’re the kind of person who is looking for a real estate and property management team in Costa Mesa or any part of Orange County, CA. that is as passionate about helping you achieve your real estate goals, you’ve found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 6 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood’s Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That’s why The Kurt Real Estate Group is consistently recognized as one of the top real estate and property management teams in Orange County. For Kurt and his Team, the aim is clear—to help you achieve your slice of “the good life”. Passion – Knowledge – Results The Kurt Real Estate Team Delivers-

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Bass Lake Condo Available July 22-July 29 – $800 per week
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Bedrooms: 2
Property Type: Townhouse
Bathrooms: 2
Sleeps: 6
Parking Spaces: 2
Rental Rate: $800 per week
Deposit: Credit Card
Availability: Available July 22-July 29 ONLYCall Cindy Galitski for more information. 714-745-2877
53134 Road
432
Bass Lake, CA 93604
  • Grill/BBQ
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
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  • Stove
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It has inspired the words of John Muir and the photographs of Ansel Adams. And soon, you’ll be gushing about Yosemite National Park, as well. With a visit to your resort at Bass Lake, you’ll be in position to explore this incredible bounty on a daily basis.
Nestled in the Sierra Nevada Mountains, Bass Lake has been called “pretty as a postcard” by the Los Angeles Times and is the closest recreational lake to the park. This means hiking Yosemite by day—where you’ll find hidden waterfalls, mind-boggling cliffs of granite and giant Sequoias—and relaxing lakeside by night.
There’s plenty to do at the lake itself—water ski, hike, fish, ride horseback, and more. Make sure you book extra time—you don’t want to miss out!
California State Mining and Mineral Museum
View minerals and gems from around the world and learn about California’s rich mining history. Open: 10 a.m.-3 p.m. Wed.-Mon. (closed Tues.) (Oct. 1-Apr. 30); 10 a.m.-6 p.m. seven days per week (May 1-Sep. 30). Approx. 35 mi.
Mariposa Museum & History Center
This museum houses a fine collection of original documents, artifacts and artwork depicting the people and life in Mariposa County. The museum grounds also contain mining exhibits, a reproduction of a Native American village, the old Mariposa Gazette Building, wagons, stages and buggies. For more information, call (209) 966-2924. 35 mi.
Yosemite National Park
Take in the spectacular views of Yosemite National Park, including El Capitan, Half Dome, Sentinel Rock, Cathedral Rocks and Bridalveil Fall. Approx. 16 mi.
Kurt Galitski
7149576677
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Kurt Galitski

THE KURT REAL ESTATE GROUP AND PROPERTY MANAGEMENT One of Orange Country's Top Real Estate Brokers If you’re the kind of person who is looking for a real estate and property management team in Costa Mesa or any part of Orange County, CA. that is as passionate about helping you achieve your real estate goals, you’ve found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 6 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood’s Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That’s why The Kurt Real Estate Group is consistently recognized as one of the top real estate and property management teams in Orange County. For Kurt and his Team, the aim is clear—to help you achieve your slice of “the good life”. Passion – Knowledge – Results The Kurt Real Estate Team Delivers-

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Beautiful Mid Century Modern Bungalow Open House Today 1-4 – $629,000.00
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Bedrooms: 3
Bathrooms: 2
Parking Spaces: 2
Year Built: 1954
Subdivision: Near Floral Park
Lot Size: 6970
Garage Size: 2
Square Footage: 1257
Agent Name: Kurt Galitski
Broker: Berkshire Hathaway
MLS #: PW16120263
Year Last Remodeled: 2016
Possible RV Parking: Yes
Price: $629,000.00
Additional Pricing Information: Currently not in the MLS, some of the remodel is being finished this week, call 24 hour recorded message at 877-957-6677 ext 1010
1010 Grovemont Street
Santa Ana, CA 92706
  • Range/Oven
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Fireplace
  • Hardwood Floors
  • Vaulted Ceilings
  • Patio
  • Fenced Yard
  • Grass Lawn
  • Secluded setting
Here is a charming mid century modern bungalow on a nice tree-lined street in the heart of what’s happening near the Main Place mall and Floral Park. Vaulted Ceilings with exposed beams greet you as you enter this beautiful home. All of the original character was preserved throughout this remodel. There’s a cozy fireplace overlooking the huge backyard and covered patio begging you to invite guests over and entertain and play on the huge lawn. The warm refinished real hardwood floors accent the totally remodeled and expanded kitchen with extensive use of stone finishes, granite counters and stone backsplash, new range, new dishwasher and sink including and all new cabinets. There’s a nice view of the front yard and street from kitchen window. In the two car garage there’s lots of storage and washer/dryer hook ups. Great Northeast Santa Ana location.
Kurt Galitski
877-957-6677
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Kurt Galitski

THE KURT REAL ESTATE GROUP AND PROPERTY MANAGEMENT One of Orange Country's Top Real Estate Brokers If you’re the kind of person who is looking for a real estate and property management team in Costa Mesa or any part of Orange County, CA. that is as passionate about helping you achieve your real estate goals, you’ve found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 6 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood’s Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That’s why The Kurt Real Estate Group is consistently recognized as one of the top real estate and property management teams in Orange County. For Kurt and his Team, the aim is clear—to help you achieve your slice of “the good life”. Passion – Knowledge – Results The Kurt Real Estate Team Delivers-

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Two Arrests Made In Trump Rally Protests, Suspect In Police Car Vandalism Sought

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Costa Mesa detectives have made two arrests for the vandalism to the police vehicles that took place Thursday April 28 at the Donald Trump campaign rally at the Pacific Amphitheater at the OC Fair and Event Center and have compiled an image of the suspect they believe damaged a police car that night.

Both of the arrestees were juveniles and Costa Mesa residents.

Click here to read a bulletin regarding the outstanding suspect.

The Trump event was under the jurisdiction of the Orange County Sheriff’s Department.

The Costa Mesa Police Department assisted and was primarily tasked with handling traffic control on the outlying streets surrounding the fairgrounds. Based on news sources approximately 31,000 attended the rally.

After the event ended, event attendees and protesters flooded the intersections along Fair Drive from Fairview Road to Newport Boulevard.

The Costa Mesa Police Department and the Orange County Sheriff Department responded and requested mutual aid assistance from surrounding law enforcement agencies to manage the large crowds leaving the fairgrounds.

The crowd’s participation elevated to the level of civil unrest with incidents of vandalism and assaults occurring.

The Costa Mesa Police Department has proactively investigated the criminal incidents to identify and hold the responsible parties accountable for their actions. The incidents investigated by the CMPD are:

  • Vandalisms – Four vandalism incidents were taken and/or reported by the CMPD. One incident consisted of the vandalism to six CMPD marked patrol vehicles. The other three vandalisms were to motorists who reported damage to their vehicles. There were no investigative leads for those other three incidents.
  • Assaults – Two assault incidents were reported to the CMPD. One incident involved a CMPD officer being hit in the helmet with a rock and the second was of a citizen being hit in the head with a fist. Both assault cases are still being investigated.

In addition to the above investigations, an additional assault incident and a reckless driving incident is being handled by the OCSD. These investigations are ongoing.

The Costa Mesa Police Department continues to vigorously pursue investigative leads to identify and hold the responsible parties accountable for their involvement in the activities which occurred after the Trump rally in Costa Mesa. We will pursue all means to ensure that we recover full restitution for the cost of the city’s damaged property.

Individuals with information and/or who can assist with identifying the outstanding vandalism suspect are asked to contact Detective Peters at 714.754.5198.

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Kurt Galitski

THE KURT REAL ESTATE GROUP AND PROPERTY MANAGEMENT One of Orange Country's Top Real Estate Brokers If you’re the kind of person who is looking for a real estate and property management team in Costa Mesa or any part of Orange County, CA. that is as passionate about helping you achieve your real estate goals, you’ve found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 6 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood’s Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That’s why The Kurt Real Estate Group is consistently recognized as one of the top real estate and property management teams in Orange County. For Kurt and his Team, the aim is clear—to help you achieve your slice of “the good life”. Passion – Knowledge – Results The Kurt Real Estate Team Delivers-

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Gorgeous Niguel Vista 3 bed 2 bath for lease! – $2,300 per month
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Bedrooms: 3
Bathrooms: 2
Located on Floor #: 1
Floors in Bldg: 1
Square Footage: 944
Parking Spaces: 2
Property Type: Flat
Pets Allowed: None
Year Built: 1983
School District: Capistrano
Agent Name: Kurt Galitski
Broker: The Kurt Real Estate Group
Rent: $2,300 per month
Available Date: Wed Jun 01, 2016
Deposit: 2300
Minimum Lease: One Year
Included Utilities: Water and trash
23740 Sea Breeze Lane
Laguna Niguel, CA 92677
  • Refrigerator
  • Dishwasher
  • Patio
  • Washer and Gas Dryer Hookups
  • Additional Storage
  • Guest Parking
Where are you going to find a THREE BEDROOM two bath at this price!!! Completely remodeled, new kitchen, new baths, fresh new paint, Includes refrigerator in as-is condition. Side patio with large yard area and storage closet. Master with slider to second patio! Water and trash service provided by HOA. Only 3.8 miles from the ocean and close to everything. Enjoy life close to the ocean for a spectacular price. The Niguel Vista Community is waiting for a new neighbor to live and love the pool, spa, BBQ, and leisure feeling of the best of So Cal living.
The Kurt Real Estate Group
Kurt Galitski
877-957-6677
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Kurt Galitski

THE KURT REAL ESTATE GROUP AND PROPERTY MANAGEMENT One of Orange Country's Top Real Estate Brokers If you’re the kind of person who is looking for a real estate and property management team in Costa Mesa or any part of Orange County, CA. that is as passionate about helping you achieve your real estate goals, you’ve found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 6 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood’s Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That’s why The Kurt Real Estate Group is consistently recognized as one of the top real estate and property management teams in Orange County. For Kurt and his Team, the aim is clear—to help you achieve your slice of “the good life”. Passion – Knowledge – Results The Kurt Real Estate Team Delivers-

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