Real Estate News

There are currently 112 blog entries related to this category.

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Orange County Real Estate Market Update

Friday, May 11th, 2012 at 10:03am. 141 Views, 0 Comments.

Not only do the real estate headlines continue to include positive reports from increasing homes sales, to the end of the foreclosure crisis, but Surterre even got a shout out this week with our company milestone making news. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“HOME SALES JUMP $58 MILLION IN 2012”
Orange County home sales generated $3.18 billion in the first quarter of 2012. That is up nearly $58 million.
-Jeff Collins, Orange County Register Real Estate Section 5/6/2012
 
“HOMEBUYERS SPRINGING TO LIFE THIS SEASON”
Newport… Read Full Post »

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Surterre Reaches Company Milestone

Monday, April 30th, 2012 at 11:40am. 178 Views, 0 Comments.

 

 


Surterre Properties® posts highest quarter of real estate sales since company inception.

Surterre Properties - a leading, full-service real estate firm in Southern California - recently announced that it recorded a company record $376 million in residential real estate sales volume for January 1, 2012 through March 31, 2012. Surterre also reported the company has seen a 70 percent increase in escrow openings in Q1 of 2012 ($544 million) vs. Q1 of 2011 ($321 million).

“I think it’s remarkable what our company has been able to accomplish since we opened our doors in 2006, especially in such a challenging real estate market,” said Gary Legrand, president and CEO of Surterre Properties. “I thank and congratulate all the talented professionals at… Read Full Post »

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Orange County Real Estate Market Update

Friday, April 20th, 2012 at 10:57am. 180 Views, 0 Comments.

From rising rents and housing starts, to decreasing inventory levels and market time, the housing market rebound appears to be in full swing. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“FORECAST SAYS RENTS WILL RISE FOR 2 YEARS”
Renters, beware! Landlords will have the upper hand in the pricing game for the next 2 years. Rents are to rise 5.1% over the next 2 years.
- Jonathan Lansner, Orange County Register Real Estate Section 4/15/2012
 
“ECONOMIST SEES SIGNS OF ACTIVITY”
·Housing starts up 19% from the pace over the prior 12 months
·At… Read Full Post »

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Orange County Real Estate Market Update

Friday, March 30th, 2012 at 2:49pm. 250 Views, 0 Comments.

Inventory is low and resales are high, which means that the real estate market continues to show signs of a comeback. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“O.C. HOME MARKET CATCHING FIRE”
Homes are flying off the market. The housing inventory is running on empty. The foreclosure and distressed/short sale inventory is at a low not seen since they started flooding the market back in 2007.
 
The last time demand was this hot in the month of March, it was the tail end of the housing bubble, 2005.
-Jonathan Lansner, Orange County Register… Read Full Post »

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Orange County Real Estate Market Update

Thursday, March 22nd, 2012 at 12:23pm. 171 Views, 0 Comments.

The real estate market is ringing in Spring with promising news – from strong investor demand and rising rents, to reports indicating that buyers are not only looking for primary housing, but are in the market to upsize, as well. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“DITCHING THE DAILY DATACOASTER”

Columnist vows to broaden focus to more telling year-over-year trends.
-Jonathan Lansner, Orange County Register Real Estate Section 3/16/2012
 
“RISING RENTS MAY SIGNAL A RECOVERY”
 A slowly improving employment picture has boosted the… Read Full Post »

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Orange County Real Estate Market Update

Wednesday, March 7th, 2012 at 11:52am. 184 Views, 0 Comments.

As 2012 progresses, so it seems, has the real estate market. Positive news abounds this week with steady growth projected for California and pending home sales trending upward. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“INVESTORS BUYING FORECLOSURES”

Investors and other private homebuyers have picked up their pace of home buying at Orange County foreclosure sales.
-Jeff Collins, Orange County Register Real Estate Section 3/4/2012
 
“APARTMENT RECOVERY IN 2012 LOOKING SOLID”
The national rent growth in 2012 will be 5.5%. Orange County is… Read Full Post »

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Orange County Real Estate Market Update

Tuesday, February 21st, 2012 at 12:33pm. 217 Views, 0 Comments.

This week's real estate headlines show that despite a rocky road, the Orange County real estate market has experienced gains over the last 10 years, and the gains continue with a promising start for 2012 with pending sales up since last year. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“ABSENTEE BUYERS AT A RECORD HIGH”
Investors bump up region’s sales. Investors and some second-home purchasers accounted for a record-high proportion of homebuyers in the region: 26.8 percent.
-Jonathan Lansner, Orange County Register Business Section… Read Full Post »

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Orange County Real Estate Market Update

Friday, February 10th, 2012 at 9:41am. 256 Views, 0 Comments.

This week's real estate headlines show that distressed homes in Orange County are selling fast, apartment rents in Orange County are increasing, and an overall economic recovery, although slow, is happening. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“REPORT SHOWS DISTRESSED HOMES ARE SELLING FAST”

There is actually a foreclosure “shortage” in Orange County. The Orange County market that appears sluggish has distressed properties selling fast.
 
Distressed properties are selling 1.7 times faster than non-distressed. 95 of the listed O.C… Read Full Post »

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Orange County Real Estate Market Update

Friday, February 3rd, 2012 at 10:30am. 227 Views, 0 Comments.

This week's real estate headlines show that pending sales in Orange County are up, and a housing recovery is on the way, with the housing crisis expected to end this year. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“TRENDS”
Reports on housing.com found that as of January 19, the number of new Orange County pending sales was up 15 percent compared with the same period a year ago.
-Jonathan Lansner, ORANGE COUNTY REGISTER BUSINESS SECTION 1/29/2012
 
“FORECLOSURES ARE A HOT TICKET”
Maybe that foreclosure “shadow supply” issue is not as bad… Read Full Post »

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Orange County Real Estate Market Update

Monday, January 30th, 2012 at 11:47am. 164 Views, 0 Comments.

This week's real estate headlines show that jobless rates are down, home sales in Southern California are up, and the real estate market is on the rebound – not too shabby for the beginning of 2012. If you are interested in receiving a weekly round-up of Orange County real estate news, sign up for our RSS feed to receive instant updates regarding real estate in all Orange County cities including Newport Beach, Newport Coast, Corona del Mar and Laguna Beach.

“FORECLOSURES TAKE ALMOST A YEAR”
It took lenders about 332 days to complete the process in 2011, up 11.4% from 2010. Defaults and foreclosures are down
 
Notices Of Default
2006              5,865
2007              13,786
2008              24,816
2009              29,679
2010              18,909Read Full Post »

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