Momentum Realty's (ginalemos) Blog

SEPTEMBER 2012 REAL ESTATE SALES FALL IN SOUTHERN CALIFORNIA Watch the September 2012 Southern California real estate market video report below, to find out about the major changes and trends taking place: SEPTEMBER 2012 SOUTHERN CALIFORNIA REAL ESTATE ACTIVITY 4 out of the 6 Southern California ...

WHAT IS LTV OR A LOAN TO VALUE RATIO? If you're in the process of a home loan in Orange County, you may have heard your loan officer mention the term LTV. So, what is LTV, and what does it mean when your home loan agent says that he or she needs to determine what your LTV, or Loan to Value ratio ...

DISTRESSED SALES NEARLY NON-EXISTENT IN YORBA LINDA CA Active real estate listings in Yorba Linda fell again, on a month to month basis, with a drop of 14.8% between August and September 2012. This trend, which has been consistent throughout the year, has placed upward pressure on the home prices...

ANOTHER DECREASE IN REAL ESTATE LISTINGS IN VILLA PARK CA The nearly non-existent inventory of homes for sale in Villa Park, California decreased once again on a month to month basis. This resulted in a 9.5% reduction in available properties from the end of August to September 2012. Nearly all re...

INCREASED DEMAND AND LOW INTEREST RATES CAUSE AN UPTICK IN TUSTIN CA HOME PRICES The already low inventory of homes for sale in Tustin, California, continued to decrease, with a drop of 10.2% from August to September 2012. Additionally, the number of available homes posted at the end of September...

LOW SUPPLY AND HIGH DEMAND PUSH PLACENTIA CA REAL ESTATE PRICES HIGHER The ultra low inventory of homes for sale in Placentia, California persisted last month, and active listings fell another 1.7% from August to September 2012. Overall, the real estate inventory in Placentia has dropped by over ...

ORANGE CA REAL ESTATE MARKET STABILIZED BY A NEARLY 50% DROP IN LISTINGS There was little movement in the number of real estate listings in Orange, California, on a month to month basis, with only a 1.2% decrease from the end of August to September 2012.  However, active real estate listings have...

DECREASING INVENTORY OF HOMES FOR SALE STILL TRENDING IN NORTH TUSTIN CA The trend of decreasing inventory in North Tustin, California continued in September 2012. The number of North Tustin homes for sale fell by 10.5% on a month to month basis, and were 16.3% below the number posted in January....

MULTIPLE OFFERS AND BIDDING WARS PERSIST IN FULLERTON CA The number of Fullerton, California real estate listings fell once again, on a month to month basis, and have dropped by almost 50%, since the beginning of 2012. And, although all listing categories have decreased since January, the most su...

VANISHING DISTRESSED SALES AND LOW INVENTORY HELP TO STABILIZE CORONA CA The number of real estate listings in Corona, California remained in a somewhat neutral position from August to September 2012, with only a 1% increase in property for sale. However, as compared to January, the September 201...