Huntington Beach, CA Real Estate News

By Justin Kurth
(First Horizon Home Loans)
Hello All,     So, if you have been reading this blog I'm sure you understand that I am a very boring person, never have any fun by most people's standards, but my wife and I are quite happy with our lives in the HB.       I want to tell you about what exactly I do for First Horizon Home Loans.  I am a Construction Lending Specialist, that means that I get to deal with rather sticky deals.  Here at FHHLC we offer a product that is similar to several others out on the market, but it has a few key items that set us apart from everyone else (aside from the fact that I work here).     Here are the basic bullet points of our OTC (One Time Close) Program     1.  We loan up to 95% of the FUTURE VALUE of the project     2.  We do Stated Income loans      3.  We can lock the rate at the time of ...
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By Justin Kurth
(First Horizon Home Loans)
Well, what is there to be said today.  The weekend was fine, no real issues, its nice when I dont get a call on a Sunday afternoon.  So far today has been alittle uneventful, only working on existing business, no new contacts today, oh well.  For those of you who are interested my wife, Joanna, is still working on her next art show, she is on peice number 30 or so.  She seems to be getting more obsessed the closer the date comes up. Well got to get back to work.  I have my client in TX that I need to help out with a loan. Later all.
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By Peggy Aldinger, Pacific Cove Realty and Loan
(Pacific Cove Realty & Loan)
Okay, I know I should keep my mouth shut! afterall I am part of a very tight lipped group.  The shrouded Realtor's club.  I swear sometimes I thought I should be wearing a shriner's hat.  I was trained by the best, Coldwell Banker and Century 21, to live, sleep, eat and drink Real Estate.  The coveted award's banquets, The uninvited spouse's cocktail parties,caravans,meetings,lenders,title.escrow people all competing for your business.  Oy vay who has time to sell Real Estate! I felt as if I re-entered High School with all the gossip and rivalry.  When I found I was more involved with office poltics than contributing to my retirement fund I decided to fly the coop. My first obstacle was to de-program myself and get back to basics.  One and one makes two not half of two. I was just plain...
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By Mike Stankewich, MBA, e-PRO - ZipRealty, Inc.
(ZipRealty, Inc.)
Huntington Beach, CA December 2006 MLS UpdateHere are the latest real estate market statistics* for Huntington Beach, CA. These numbers represent single family (SFR) homes and condos. The number of homes on the market where the asking price has been reduced *: 41.5%  AverageNovember 2006December 2006% ChangeAsking Price$834,256$859,0313.0%Sales Price$806,530$822,9322.0%% of Asking Price97%96%-1.0%$/SQFT$460$4620.4%Days on Market9710811.3%Total Transactions10180-20.8%All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 1/8/2007:  663 properties on the market with 278 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.
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By Mike Stankewich, MBA, e-PRO - ZipRealty, Inc.
(ZipRealty, Inc.)
Here are the current top 3 rated real estate agents for Huntington Beach, California according to Point2Homes.com out of 182 agents.1. Liane ThomasVisit WebsiteView ProfileSend ReferralPhone:(951) 454-3805Cell:(951) 454-38052. Mike Stankewich, Realtor, MBA, e-PROVisit WebsiteView ProfileSend ReferralPhone:(800) 225-5947 x8660Cell:(714) 697-00383. James & Margret HoppeVisit WebsiteView ProfileSend ReferralPhone:(949) 400-1072I invite other agents to join the Point 2 NLS community.  You have the opportunity for a free website, a place to post your listings which will be syndicated to other real estate websites, and the ability to network with other agents to build up your referral business.  You can purchase neighborhoods for as little as $20.00 per quarter to be a featured agent for the ...
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By Mike Stankewich, MBA, e-PRO - ZipRealty, Inc.
(ZipRealty, Inc.)
These are currently the top websites in Huntington Beach, California according to Alexa.1. Huntington Surf and Sport http://www.hsssurf.com/2. Huntington Beach Conference and Visitors Bureau http://www.surfcityusa.com/3. Mike Stankewich - ZipRealty, Inc. http://www.real-estate-for-orange-county.com/4. Electric Chair http://www.electricchair.com/5. Golden West College http://www.gwc.info/ 6. City of Huntington Beach http://www.ci.huntington-beach.ca.us/ 7. Premiere Bail Bonds http://www.premierebailbonds.com/ 8. Huntington Beach Public Library http://www.hbpl.org/ 9. Innovative Plastics, Inc. http://www.plasticfab.com/ 10. Holly Olson - RE/MAX Select One http://www.hollycampbell.com/These are currently the 10 top business and economy websites for Huntington Beach, California according to...
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By Mike Stankewich, MBA, e-PRO - ZipRealty, Inc.
(ZipRealty, Inc.)
I am going to deviate from my usual statistical report, since the market is in a transition and the statistical data is at the most confusing to all. This is a very frank report that will not please everyone. However it is as I see reality!The market and the economy in Orange County is strong and the future outlook is encouraging. However housing inventory is high and buyers are unsure of what to do, and thus sit on the fence. There are sellers who are thinking the market has reached a peak and want to sell to move out of the State. Mostly retirees. They can afford to wait for the price they want.There are pre-foreclosure sales and short sales, however these represent a small fraction of real estate transactions.Overall appreciation rates have decreased to single digit numbers, however ...
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