This week, the 30yr fxd mortga…...

This week, the 30yr fxd mortgage rate, climbed slightly to 5.14%. Slightly higher than last week, and still near record lows.

Rates Edge up, but still at record lows...

8/28/09-This week, the 30yr fxd mortgage rate, climbed slightly to 5.14%. Slightly higher than last week, and still near record lows. Lenders have tightened their standards for consumer loans, since the boom/bust of the industry. Though well qualified home buyers will receive the benefit of clean credit...

Builder Confidence has risen …...

Builder Confidence has risen 4 straight months; Their inventory is at record lows. http://www.census.gov/const/www/newressalesindex.html

Orange County New Home Supply Lowest in ...

Builder Confiedence has risen 4 straight months; Why? Their inventory is at record lows, which has lead to speculation in Orange County, Ca of a possible bottom.  New home sales numbers released from the Census Buearu confirm just that, inventory has been declining drastically. Low Rates, Tax Incentives,...

Upward Home Prices Continue...

08/25/09- Case-Shiller Home Price Index shows a rise for the second consecutive month in June nation wide.  The Los Angeles Metro area showed a modest 1.1% increase in prices. David Blitzer, chairman of the Index Committee at S&P said, “There are hints of an upward turn from a bottom. However...

8/20/09 New Listings by Taylor Morrison ...

View the newest listings from Taylor Morrison Homes. Buenaterra in Costa Mesa, Ca.  Las Colinas at Portola Springs in Irvine, Ca.   Los Arboles at Portola Springs in Irvine, Ca.  Market Street at Dos Lagos in Corona, Ca.  Shady Grove Active Adult Community at Dos Lagos in Corona, Ca.  Bellafina...

New Home Construction UP for 5th Month i...

Aug. 19, 2009 Construction is up 37% since the lows of last winter, stablizing the housing industry. This is not close to the massive building of 2006, but “housing is no longer a drag, Thats a good thing” said Mark Vitner, a senior economist from Wells Fargo.  For each new home built, it...

Navigating a "W" recovery...

Several top economists have predicted a “W” shape recovery, well what is a “W” shaped recovery, and how do you navigate it? We have experienced the leg down…now we are navigating through our first “leg up” in the “W”. The leg up was facilitated by...

You-Tube Video about Federal Tax Credit ...

$8000 Tax Credit on New Homes Question about the soon to expire Tax Credit for New Homes? Watch this quick video about the Federal Tax Credit Program.

Home Builder Sentiment Rises in August...

Aug. 17, 2009- Home builder sentiment data released today, shows new homes builders are bullish about building. The sentiment level is the highest in over a year, jumping 4 points to 30. The highest since April 2008. One reason for the month over month higher readings is due in part to the Federal Tax...

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