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Mission Viejo, CA Real Estate News

By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO Mission Viejo properties / homes that are for rent / lease. There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed) RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO(To reference a property, use the ...
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By Cindy Kalionzes
(no current broker affiliation)
I just found a pretty decent article on steps to take as much as a year before becoming a homeowner. I think it's a fair primer on home-buying readiness.Of course, the overwhelming message of the article is that you need to be thinking loan first, house second. I keep trying to emphasize to my clients that they need to get themselves pre-approved by a lender so that they know how much house they can afford, and that they'll be ready to buy a good deal when we find it. Getting ready to buy a home (article)
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By Zen Ziejewski, Laguna Niguel Real Estate
(Keller Williams Realty)
As of April 2nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Mission Viejo totaled 458 homes (condos, townhomes and single family homes).  This is down 23 homes from February 2008 with a total of 481 homes on the market.  We have seen a nice pick up in Orange County home sales in February and March of 2008.The inventory numbers are holding steady which is a good sign for the market.  The FED cut interest rates by .75 basis points in March.  This will help keep interest rates fairly low as the bond market decides what to do next.  The new conforming loan limits were announced in March.  The new conforming loan limit is now $729,750.  This will definitely help buyers and sellers in the Orange County housing market.  The former conforming rat...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
LADERA RANCH REAL ESTATE FOR RENT / LEASE FRED SED 949-274-3733There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. (To reference a property, use the MLS # that is located next to the pictures. It is in bold and it starts with a letter then a series of numbers) LADERA RANCH LEASES, LADERA RANCH HOMES FOR RENT, LADERA RANCH RENTALS CONTACT FRED SED 949-274-3733 FOR ADDITIONAL INFORMATION OR TO SCHEDULE A SHOWING! *Subject to credit check fee of $15.00 per person over 18.
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO Mission Viejo properties / homes that are for rent / lease. There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed) RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO(To reference a property, use the ...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Short Sales - FAQs - Frequently Asked Questions - Mission Viejoby John Alesi, Mission Viejo REALTOR®Mission Viejo CA Real Estate What is a short sale?  A short sale is a transaction where the seller is attempting to sell their home for less than what they owe on it.Why would a bank forgive tens of thousands of dollars on a loan?  Because often the costs of unloading the asset short are less than the costs of foreclosing on it.Can anybody sell a home short?  No.  In fact, many homes advertised as short sales ultimately are not approved as short sales.  The seller usually must demonstrate some sort of personal hardship such as medical issues, job loss etc. in order to qualify.  Why would a home be listed as a short sale if the bank won't approve it being sold short?  In most cases, the ba...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
 RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO  Mission Viejo properties / homes that are for rent / lease. There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed)                     RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO(To reference...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
 RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO  Mission Viejo properties / homes that are for rent / lease. There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed)                     RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO(To reference...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
 RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO Mission Viejo properties / homes that are for rent / lease. There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed) RENTAL / LEASE PROPERTIES IN MISSION VIEJO, HOMES FOR RENT IN MISSION VIEJO(To reference a property, use the ...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Recreation Centers In Mission Viejo by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate If you are recreation and fitness oriented, feel free to enjoy these fine facilities provided by the City of Mission Viejo: Montanoso Recreation and Fitness Center Includes: Weight equipment, Jazzercise, Aerobics, Yoga, Tennis, Basketball, Pool, Babysitting. 25800 Montanoso Dr. 949-859-4FIT (4348) Sierra Recreation & Fitness Center Includes: Weight equipment, Group Exercise, Youth Fitness, Pool, Tennis, Spa. 26887 Recodo Ln. 949-859-4FIT (4348) Marguerite Tennis Center Includes: Tennis, Lessons, Leagues, Clinics 23840 Marguerite Pkwy, 949-859-4FIT (4348) Felipe Tennis Center Includes: Tennis, Lessons, Leagues, Clinics 27161 Nogal 949-859-4FIT (4348) John Alesi, Mission Viejo REALTOR® ...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Community Center Remodel Nears Completion - Mission Viejo by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate Built as a focal point for local Mission Viejo residents, the Norman P Murray Community & Senior Center is nearing it’s Grand Re-Opening with the conclusion of recent renovations.  The expanded facility will re-open in late March and be ready for the start of many new recreation programs sponsored by the city.  The renovation includes expansion to over 23,000 square feet with upgrades to the interior meeting and recreation rooms as well as to the exterior gardens and courtyards.  One will also find the Veterans Memorial Plaza, a new playground for the little ones, picnic areas (with outdoor restrooms) a “Village Green”, two soccer fields and expanded parking lots...
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By Kelly Turbeville, Turning Real Estate Dreams into Reality
(Keller Williams)
Don't you just love when you read something good about the area you live in. Recently as I was reading up on the internet, I came across this article and want to share so those Home Buyers looking to move into the area have a little more information. In a recent article, Danielle Babb with Entrepeneur.com names the city of Mission Viejo one of the top four places to buy.  Danielle notes "Mission Viejo has lowest crime statistics in the nation; this is a good place to raise a family. Prices are relatively stable and the job market in Irvine and San Diego is good with consistent demand for job seekers".In addition, Danielle notes in her column that the following economic fundamentals should be considered before buyer. "Is job growth stable in the area? Is income up with inflation?  Is cri...
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By Cindy Kalionzes
(no current broker affiliation)
It's finally official.  FHA loan limits have temporarily been raised to over $700,000.  For the first time in a very long time, regular Californians can buy a regular home with a regular (non-jumbo) loan.And prices are down, way down.  In some cases, bringing the cost of renting and the cost of buying fantastically close to eachother.  Case in point: a 3-bedroom apartment in or near Mission Viejo, according to those available on apartmentguide.com, will run you upwards of $2300.  Compare that to a particular condo development I am aware of, whose values have plummeted (due to a high incidence of foreclosures, putting downward pressure on pricing), to the point where you can get a 3 bedroom, 1 1/2 bath townhome with 1-car garage for as little as $250,000.  At a 7% interest rate, the prin...
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By Mike Pahua, Orange County Short Sale Realtor
(Orange County Real Estate)
Search MISSION VIEJO FORECLOSURES hereSearch MISSION VIEJO SHORT SALES hereCALL MIKE PAHUA, YOUR MISSION VIEJO REAL ESTATE SPECIALIST 949-309-2400 ext 708Orange County currently has over 1000 Bank Owned Properties on the market and thousands more listed as short sales.  In Mission Viejo alone there are over 600 homes in some stage of foreclosure and over 200 Bank owned Homes.  You can utilize the links above and view a selection of these distressed homes.  If you would like a customized list sent your email please email, Mike@BrokerOC.com or, call Mike Pahua at 949-309-2400 ext 708Visit our site if you are interested in other Orange County Foreclosures or Orange County Short SalesMike Pahua, your Mission Viejo Real Estate and Mission Viejo Foreclosure specialist.
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
SAT Scores for Mission Viejo Area High Schools - Mission Viejo by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate Feb 27, 2008 The following chart lists the results of the 2007 SAT scores for the local high schools which are governed by the Saddleback Valley or Capistrano Unified School Districts.  The BOLD print rows are the school district totals while the other rows show individual high schools scores.  The top performing high schools are Tesoro HS in Rancho Santa Margarita (Capistrano USD) and Laguna Hills HS in Laguna Hills (Saddleback Valley USD).  School/District    Grade 12 Enrollment    Number Tested    Percent Tested    Verbal Average    Math Average    Writing Average    Combined average score    students above 1,500    % above 1,500    Capistrano Unified 3,41...
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By Ola Strandqvist
(Re/Max Select One RED CARPET GROUP)
There are curently 483 properties on the market in Mission Viejo80 went into escrow in the last 30 days within our city.Things are definitely picking up with a 20% chance of selling in today's market.Let's git r dun!
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By Kelly Turbeville, Turning Real Estate Dreams into Reality
(Keller Williams)
We have all heard the news it is a Buyers Market (yeah!). However, when I speak with potential buyers what I am finding is they are stuck, sitting on the fence of indecision!It is hard to watch the internal struggle and it generally isn't about the details we here, value, price, etc.  There is this dream of homeownership, but that is undefined for the buyer. We watch as they struggle with the difference between a house and an investment, treating a home like a stock.  They know in their hearts they want a home. They see the positive impact a home has on ones life, but just can't vision the security it brings both in intangible ways and financially.  As a home buyer, if you are sitting on the Fence of Indecision, here are three aspects of homeownership we want you to take into account. T...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Finding The Best Gasoline Pricesby John Alesi, Mission Viejo REALTOR®Mission Viejo CA Real EstateJanuary 19, 2008 AR member Jeff Dowler posted a few days ago about the price of gasoline in Encinitas, CA.  I remembered searching the net a while ago and found a few good resources for local gas prices.  Check out:www.Gasbuddy.com and Gasprices.Mapquest.com.  Both will provide you with a local map with prices overlaid on the map.  Gasbuddy.com also has a few other interesting features including something called a USA National Gas Temperature Map which shows counties across the USA color-coded according to their relative gas price.  There's a Historical Price Chart going back to April of 2002, when we were paying the exorbatant price of $1.44/gal in the US and $2.46 in Canada.  You can even ...
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By Cindy Kalionzes
(no current broker affiliation)
It's very rare for the Fed to use such strong language like this prior to a meeting.  Based on what Bernanke has to say, I'm going to anticipate a 1/2% rate cut at the next meeting in just less than 3 weeks.  Here's the article:http://www.msnbc.msn.com/id/22592939/In it, he says, "We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks." The article discusses the possibility of a half percent cut, but also the chance that they'll play it conservative with a quarter point cut.  Given the measured language that they've used in the past though, I doubt they'd play it conservative at this point.  The reason is, if they raise expectations by promising "substantive additional action" and only deliver a modest qu...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Just Listed…SOLD in 5 days! - Mission Viejo by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate 2007 actually ended for me with a bang instead of a whimper!  I took a listing on December 8th and had it sold in 5 days! This was a win-win-win-win transaction because all parties involved in this sale came out on the winning end.  The sellers got their house sold in a short time frame, the buyers got an excellent deal on a great house, the buyer’s agent got a bonus commission and the seller’s agent (me) got to add a satisfied client to my database (and I managed to pay for a few extra Christmas presents).  Here’s the quick version of the story:   The sellers had already moved to the East Coast, leaving a vacant home.  In our initial phone conversation I asked them what their...
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