Joseph & Cheryl Melendez's (melendezteam) Blog

  Our friendly Orange County Register (yes the same paper that bashed real estate for 3 straight years) reported in the Wednesday business section that "the housing market is on the mend".  They also report that this is the "fourth consecutive month the index indicated prices have turned the corn...

Newsweek magazine says it is.  Leading economists say it is.  The media says it might be.  So the big questions continues to be, is the recession over?  With corporate earnings up and resale housing numbers improving it would appear that the economy may be turning the corner.  There is a long roa...

For years the Orange County Register was forecasting a bursting of the housing bubble when real estate prices were going up and the market was strong.  As in any economic cycle they were bound to be right at some point and the economy fell into recession taking the housing market with it.  That w...