The real state of Irvine and Orange County real estate: October 2011

Nov 15th, 2011 by IrvineRenter 

Today we have the monthly update for the Orange County housing market for October 2011.

Irvine Home Address ... 12 MILLBRAE Irvine, CA 92602
Resale Home Price ......  $615,000

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Posted in Library News

Irvine payment affordability skyrockets, hits new 11-year high

Nov 14th, 2011 by IrvineRenter 

Over the last few months, falling interest rates, falling prices, and rising rents have made payment affordability hit an eleven-year high.

Irvine Home Address ... 14772 DONCASTER Rd Irvine, CA 92604
Resale Home Price ......  $505,000

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Posted in Library News

Short Sale and REO Workshop, 6:30 PM Wednesday, November 16, 2011

Nov 12th, 2011 by IrvineRenter 

Shevy Akason and Larry Roberts will host a short sale and REO workshop at 6:30 PM Wednesday, November 16, 2011, at the offices of Intercap Lending (9401 Jeronimo, Suite 200, Irvine, CA 92618).

Register by clicking here or email us a sales@idealhomebrokers.com.

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Caroline Baum: You Can’t Fix a Burst Bubble With More Hot Air

Nov 11th, 2011 by IrvineRenter 

Government officials and the federal reserve are working feverishly to reinflate the housing bubble. It's a fools errand doomed to fail.

Irvine Home Address ... 52 GRAY DOVE Irvine, CA 92618
Resale Home Price ......  $1,075,000

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Posted in Library News

OC high-end prices fall, strategic default rises

Nov 10th, 2011 by IrvineRenter 

High end Orange County asking prices continue their long-term decline. With declining prices, strategic default among jumbo loan holders continues to rise.

Irvine Home Address ... 5021 BARKWOOD Ave Irvine, CA 92604
Resale Home Price ......  $469,000

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Posted in Library News

Banks expected to get off easy in settlement of foreclosure practices

Nov 9th, 2011 by IrvineRenter 

The bank settlement deal being negotiated limits future exposure and inflicts little pain on the banks.

Irvine Home Address ... 71 GOLDENROD #47 Irvine, CA 92614
Resale Home Price ......  $458,900

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Posted in Library News

Donald Bren on the recovery: “No. I don’t see the light.”

Nov 8th, 2011 by IrvineRenter 

When asked if he sees the light at the end of the economic tunnel, Donald Bren replied, "No. I don't see the light."

Irvine Home Address ... 69 CARTIER AISLE Irvine, CA 92620
Resale Home Price ......  $400,000

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Posted in Library News
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