by Kurt Galitski | Sep 3, 2018 | Costa Mesa
The current economy is thriving, stock market at ultimate highs, unemployment as low as ever, but is housing still a risk? The world has moved on from the 2008 housing crisis which was caused by unethical lending and investing by the big investment banks. Even though...
by Kurt Galitski | Aug 30, 2018 | Costa Mesa
Realtor.com® announced today, the findings of its August housing trend report which revealed a surge in price cuts and the second largest drop in the U.S. median listing price in three years. The report also showed a decrease in price growth and inventory declines,...
by Kurt Galitski | Aug 27, 2018 | Costa Mesa
With the market changing, home sellers have begun cutting back their listing prices, especially at the more high end of the market, leaving open the possibility that it is now starting to shift into a buyer’s market. Around 14.2% of homes listed for sale on Zillow saw...
by Kurt Galitski | Aug 25, 2018 | Costa Mesa
The value of a home takes a series of calculations roughly based on the cost of actual construction plus value-adds like proximity to shopping and other conveniences. Comparisons to other nearby homes are also taken into consideration. Formulas are applied, and...
by Kurt Galitski | Aug 23, 2018 | Costa Mesa
According to ATTOM Data Solutions’s U.S. Foreclosure Market Report, which shows that foreclosure starts increased from a year ago in 96 of the 219 metropolitan statistical areas (44 percent). ATTOM Data Solutions is the curator of the nation’s premier...
by Kurt Galitski | Aug 23, 2018 | Costa Mesa
You got a fantastic deal on your home, in part because of the master bathroom pretty outdated. You are so tired of the poor view of your master bath, but you also want to be sure you’re doing this remodel right; otherwise, you may be doomed to repeat a disaster....
by Kurt Galitski | Aug 22, 2018 | Costa Mesa
Although incredibly happy, due to the huge demand and low supply in today’s housing market, homebuilders still cannot meet the insanely high demand as much as they would like. Due to tariffs placed on Chinese steel and aluminum, as well as Canadian lumber,...
by Kurt Galitski | Aug 22, 2018 | Costa Mesa
Wall Street investors are bullish that more Americans will choose to be renters, and they’re buying up even more homes to make sure they are ahead of the trend. The number of homes purchased by major investors in 2017 was about 29,000, up 60 percent from the previous...
by Kurt Galitski | Jun 12, 2018 | Costa Mesa
During last Tuesday’s primary election, Cypress residents voted for an initiative to develop a mixed-use project on the 150 plus acre Los Alamitos Race Course. It won 63.6% to 36.3%. The plan proposes to eventually replace the track with a town center, restaurants,...
by Kurt Galitski | May 29, 2018 | Costa Mesa
The Top Housing Markets For Home Flippers Home flipping is currently at an 11-year high. Just over 207,000 homes have been flipped this year at an average profit of $68,100 per house. The key to house-flipping is knowing where to be and when. Discovering the next...