Anaheim Hills Blog

The world of finance continues to change. Lenders and the requirements for 'borrowing' are diminishing the 'overall' capacity of consumers to enjoy the standard of living we previously were accustomed too. One day in the not to distant future this period will be reflected upon as one of the great...

meant to post earlier this interesting item from National Mortgage News: Two-thirds of the AAA-rated private-label MBS purchased by Fannie Mae and Freddie Mac have been downgraded to "junk," the GSEs' regulator told a congressional panel, and only a small portion is still rated AAA. Federal Housi...

Banks accept 66% of debt value at foreclosure auctions June 17th, 2009, 12:05 am · 4 Comments · posted by Mathew Padilla Banks on average were willing to take a 34% discount against the first mortgage on an Orange County property at foreclosures auctions, known as trustee's sales, last month, For...

DataQuick reports banks seized 591 houses and condos in May in Orange County, up 22.6% from April but down 47.7% from a year ago. The chart (click on it for larger image), which I first published over the weekend, shows annual countywide foreclosure totals - I used year-to-date total for 2009 - a...

Quick glance at final May stats from DataQuick for Orange County homebuying show a $410,000 median selling price, highest in 7 months and 15.5% off a year ago. Shoppers bought 2,667 residences, that 17.7% above a year ago - 11th consecutive year-to-year gain and also a 7-month high. ShareThis Pos...

June 16th, 2009, 1:42 pm · Post a Comment · posted by Mathew Padilla ForeclosureRadar.com reports banks filed 2,139 notices of default in Orange County in May, up 7% from April, but down 15% from a year ago. The chart (click on it for larger image) shows notices of default (NOD), notices of trust...

The business of selling homes isn't just being rocked by economic forces. The Internet is changing how consumers are acquiring real estate information and shopping for housing. Insider Q&A decided to ask Orange County entrepreneur Greg Robertson of the new Dwellicious.com - a site that helps user...

The business of selling homes isn't just being rocked by economic forces. The Internet is changing how consumers are acquiring real estate information and shopping for housing. Insider Q&A decided to ask Orange County entrepreneur Greg Robertson of the new Dwellicious.com - a site that helps user...

Painful months ahead for housing? June 13th, 2009, 3:00 am · 1 Comment · posted by Mathew Padilla, Reporter This coming week DataQuick will release its foreclosure totals for May. In preparation, below is a chart (click on it for larger image) showing Orange County's annual unemployment rate and ...

Last night, on a house that has been on the market nearly two years....6 groups, 13 people and two registered bidders were the result of the first 40 minutes...nothing happened after that in the remaining 50 minutes......exciting...yes....one other person...a builder, said he would most likely su...