David Mayes's (mvhomesexpert) Blog

Real Estate Agent - Realty ONE Group
November Mission Viejo Home Sales 74 (-3 from last month)23 condos (+3 from last month)51 single family residences (-6 from last month) Mission Viejo Homes Now on Market At present there are 392 homes for sale in Mission Viejo (-26 from last month)120 condos (-6 from last month)272 single family...
Many sellers fix up the inside of their home but forget about something just as important - curb appeal. Curb appeal is essential in the sale of your home, as first impressions are lasting and play an important part in how valuable the property is in the eyes of the buyer. If the buyer cannot get...
San Diego-based MDA DataQuick reports, Southern California home prices increased 1.1% in October, 2010. Southern California's median home price increased 1.1 percent last month to $283,000 from October 2009, as up-market homes kept the median from appreciating much over last year's prices, a trac...
The California Association of Realtors reports that home affordablity improved slightly in the 3rd quarter of this year LOS ANGELES (Nov. 15) - Housing affordability among first-time home buyers improved slightly in the third quarter of 2010, both on a quarter-to-quarter and year-to-year basis, t...
Mission Viejo Single Family Residences Sold in Last 7 Days 9 sold (+5 from last week)Equity Sellers: 7 (+4 from last week)Bank Owned: 1 (no change from last week)Short Sale: 1 (+1 from last week)Other: 0 (no change from last week) Mission Viejo Condos Sold in Last 7 Days 5 sold (+3 from last wee...
USA Today reports that several factors could fuel the economy. Mortgage rates are hitting another record low just as home prices are firming in more parts of the country, two trends that could help boost the economy. Potential recovery fuel: •Rates on 30-year fixed loans averaged 4.17%, down fro...
As the real estate market heats up, Bank Owned Properties sell quickly. 23181 Stoneridge The above Bank Owned property sold for $775,800. It featured 4 bedrooms, 3 batherooms, 3 car garage and 3740 s.f. of living space and was located in the guard gated community of Stoneridge. — 26481 Via Conch...
2% of homeowners in Orange County are in the foreclosure process according to CoreLogic’s latest late-mortgage report. The 90-day delinquency number is considered a key indicator of future mortgage trouble, because it captures patterns of property owners skipping house payments before the formal...
Definition: short sale A short sale is one that occurs when a house is sold for less than the amount that the seller owes on the property, with the lender’s approval. 28821 GLEN RIDGE So far in 2010, the highest price paid for a short sale in Mission Viejo was the above home which sold for $950,...

David Mayes

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