by Kurt Galitski | Feb 29, 2012 | Consumer Information, Costa Mesa, For Buyers, For Sellers
Pending Home Sales Rise to 22-Month High! The housing market appears headed for a strong spring season. After a brief setback in December, the Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. The data puts pressure...
by Kurt Galitski | Feb 7, 2012 | Consumer Information, Costa Mesa, Costa Mesa Real Estate Week In Review, For Buyers, For Sellers, Loans, Marketing Reports
Falling mortgage rates make owning a home more affordable. Mortgage rates are directly tied to monthly mortgage payment so as mortgage rates drop, so does the cost of home-ownership. It’s a money-saving time to buy a home in Orange County — or to refinance one....
by Kurt Galitski | Jan 31, 2012 | For Buyers, For Sellers, Real Estate News
Laguna Niguel listings: 35% distressed homes By JONATHAN LANSNER, OC REGISTER, 1/31/2012 Home-buying in Laguna Niguel sped up 14% in two weeks — with one-third of the local listings being distressed homes. Here’s what the latest report — as of...
by Kurt Galitski | Jan 24, 2012 | Costa Mesa, Costa Mesa Real Estate Week In Review, For Buyers, For Sellers, Loans, Monthly Newsletter
In This Issue Last Week in Review: Rumors were swirling out of Europe, while inflation news was swirling here at home. Forecast for the Week: The second half of the week heats up with news on the housing market and the state of the economy. Plus, the Fed meets. View:...
by Kurt Galitski | Jan 18, 2012 | Community Information, Consumer Information, For Buyers, For Sellers, Loan Modification, Loans, Real Estate News, Short Sales
A short sale has the same impact as a foreclosure. When the bank or lender reports your short sale to the credit bureaus, they generally treat both the foreclosure and the short sale as a delinquency. The credit bureaus, in turn, submit their information to Fair Isaac...
by Kurt Galitski | Jan 17, 2012 | Consumer Information, Costa Mesa, Costa Mesa Real Estate Week In Review, For Buyers, For Sellers, Kurt Suggests, Kurt's Thoughts
In This Issue Last Week in Review:Consumers are feeling good, but how good was last week’s news?Forecast for the Week:It’s a holiday shortened week, but the economic calendar is full. News on manufacturing, inflation, and housing is ahead.View: Wondering...