RECENT BLOG POSTS
The City of Laguna Niguel has purchased property from the County of Orange for a permanent City Hall. The City has leased office space for City hall in a building on La Paz Road since incorporation in 1989. The City currently leases approximately 25,000 square feet of office space, costing the...
07/30/2008
For the 22 buisness days ending July 9, Orange County home sales decreased 1.7 percent. The median sales prices fell 26.6 percent. The median is where half the homes sold for more and half for less. Types of homes selling, as well as home value changes cause the median to change. In Aliso Viejo t...
07/28/2008
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Motagage Interest rates took a huge leap last week. There isn't a single explanation for the rise. Mortgage rates are being pulled and push by various forces: increasing inflation, all around tighter lending guidelines, a loss of confidence in Fannie Mac and Freddie Mac, and an upcoming election ...
07/28/2008
In mid April of this year, Laguna Beach had 22 homes in escrow, 332 active listings, and 17 homes closing in escrow at the end of the month. San Clemente had 96 homes in escrow during April of this year, along with 558 active listings and 51 homes closing in escrow at the end of the month. In Ma...
07/25/2008
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This week Aliso Viejo has 147 homes in escrow, that is 17 more than it had last week and the highest in South Orange County. San Clemente follows in second with 111 homes in escrow, just 3 less than they had the previous week. San Clemente also takes the lead with the most active listings at 539....
07/24/2008
According to the National Association of Realtors (NAR), existing-home sales resumed falling in June, sliding 2.6% from May across the country. The median home price was $215,100 in June, down 6.1% from $229,000 in June 2007. The median home price in May this year was $207,900. Home inventories a...
07/24/2008
This Wednesday, the House approved a sweeping plan to ease the country's most serious housing crisis since the Great Depression. How do they plan to do so? By providing aid to homeowners facing foreclosure and a federal backstop for struggling mortgage giants Fannie Mae and Freddie Mac. Despite ...
07/24/2008
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In June, the economic downturn hit Orange County workers. On Friday, the state Employment Development Department reported the local unemployment rate jumped 5.2 percent, the highest in five years. Just a year ago, local unemployment was just 4 percent. Unemployment hasn't been this high in Orang...
07/23/2008
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Looking to have some fun in the sun? Well here is your chance! Laguna Niguel's recreation department is hosting a summer sports program. With activities such as dodge ball, Frisbee football, mini-basketball and board games, you will have plenty of options to choose from. The summer sports progra...
07/22/2008
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The Beach Boys are back in action! This Friday, July 25, The Beach Boys will be performing at the Coto De Caza Raquet and Golf Club. The golf club gates will open at 6 p.m. for a preconcert party. The Beach Boys will hit the stage at 8 p.m. on the center court. This is a perfomance all you "Calif...
07/22/2008