The following statistics include real estate transactions for Anaheim Hills as of Friday October 16, 2009.   Single Family Residences Total Homes on the market, detached and attached is 107 All other statistics for Single Family Residences are for detached homes only   Median List Price: 92807- $772,450 with the average price being $1,385,004 92808- $820,000 with the average price being $1,217,181 Total Houses Available for both zip codes: 91   Least Expensive: $429,900 for a one-level home of approximately 1,470sq.ft. off of Riverdale and Lakeview.  This 3BR, 2BA was built in 1965 and sits on a lot of 8,400sq.ft.  Two-car attached garage with direct access, driveway and possible RV parking.  This home has hardwood floors, new kitchen appliances, covered patio and close to schools.  Thi... 10/16/2009

In reference to your Anaheim Hills Summer Sales report from 10/8/09, we were happy to see the increase in number of sales.  What is your prediction for the market in Anaheim Hills this Holiday season?  Who should act fast; sellers, buyers or both? Thanks, Bobbie S.   Hello Bobbie, The best prediction for the Anaheim Hills market is based on what is happening right now.  Inventory is VERY low, interest rates are very low, and the buyer's tax credit of $8,000 is going away.    Interest rates:  Are very low and there are many buyers who really want to buy, but can't find the right property.  Because of the low interest rates and the high demand, if a buyer wants a property the buyer should be prepared that there may be multiple offers on a property and that the buyer may have to ante up an... 10/13/2009

Anyone actively looking for a home will tell you the same thing right now; inventory is down. There is not that much out there for most buyers to get excited about.That is changing. The banks have been hiring and re-hiring all summer long. The short sale turn times are getting better. So is the communication with the foreclosing banks. On the purchase loan side, there are many stories of loans not closing on time this year. Again, I see that changing. Loans are closing faster and they are going to start closing on time again. You may have heard the stories of someone living in a home they were "walking away from". I have heard of more than one that have lived in their home for over a year without making a payment. The banks have not had the personnel to deal with that. Now they do. As a... 10/09/2009

First time homebuyers? APPLY FOR THE MORTGAGE PROTECTION PROGRAM! This is a FREE program that provides you up to $1,500 a month for up to six months in the event of job loss to help pay the mortgage; a $750 monthly benefit also is available for a qualified co-buyer. There is NO cost to you! To qualify, buyers must be first time home-buyers – haven’t owned a home for the last three years; has opened escrow on or after April 2, 2009 and closed escrow before December 31, 2009; use an active California REALTOR® ; purchase the property in California, and be a W-2 employee (cannot be self-employed).  Funds are limited. Please call me or email me to find out more. You can reach me direct on 714.943.0444 or Patrick @EnterYourDreamHome.com Search For Homes in Orange County CA 10/09/2009

Anaheim Hills Real Estate Market Report-October 1st, 2009   Anaheim Hills Active Listings= 164Lowest priced listing in Anaheim Hills= $186,000.00Highest priced listing in Anaheim Hills= $5,000,000.00Active Listings Property Type: 131 Single Family Residences 32 Condos or Townhouses 1 Mobile Home                               Active Listings Sale Type: 109 Standard Listings 4 REO* Listings 51 Short Pay** Listings                               Active Listings Price Range: 110 priced at or above $500,000.00 54 priced below $500,000.00                               Anaheim Hills Properties in Pending & Back Up Status= 135Pending & Back Up Status Listing Type: 52 Standard Listings 12 REO* Listings 71 Short Pay** Listings                                 Anaheim Hills Properties Sold From 9/1/... 10/02/2009

My family and I drove out to Colorado this past Labor Day weekend.  Actually Bonnie drove.  Kenneth, Gina, Sasha and I  rode in style because I'm lucky to have a wife that understands how important my Dad is to me.  It was a strain on all of us, but the quick trip was well worth the effort, you see; my Dad is retiring from Latham Ranch in Colorado.  At 72, he is hanging up his spurs and embracing "city life".  Your definition of city life and my Dad's are two different things.  Dad moved into his new home in Palisade this week.  Palisade, CO; Population 2,840.  Well...2,841 now!  There are no supermarkets, no shopping malls and I only saw one traffic light.  It's downright crowded by Dad's standards, but he has a view of the mountains from his front porch and an unobstructed skyline vi... 10/01/2009

A report released by the Office of the Controller today, lenders are worker harder than ever to help homeowners avoid foreclosure with loan modifications. However, they report that more than 50% of homeowners who completed loan modifications in the first half of 2008 had fallen behind on their payments again. Is the glass half empty or half full? Seven Gables Real Estate License #01727426 www.TheOCExperts.com www.OCMarketUpdate.com (blog) Direct: 714 276-7006 Fax: 714 917-2293 09/30/2009

I got a flu shot this past weekend.  I did it on impulse while picking up groceries.  The grocery store pharmacy was offering $30 flu shots.  It took about ten minutes, but I'm glad I took the time to do it.  I'm going to do it again as soon as the H1N1 vaccine arrives in town. It's flu season and the H1N1 is barrelling through our cuontry.  According to the most recent information available from U.S. Centers for Disease Control and Prevention, 26 states have reported widespread influenza activity, 11 states have reported regional influenza activity, and 12 states, the District of Columbia, and Puerto Rico reported local influenza activity. One state reported just "sporadic" activity. (Fox News). Let's see, 26 and 12...carry the 1.  That's all of them!  Every state is reporting some sig... 09/29/2009

For homeowners facing foreclosures and considering a loan modification, diligence is key. This month, the State Bar of California launched a number of investigations into misconduct related to loan modifications. Some unscrupulous attorneys have allegedly taken fees, but failed to perform the services they promised.   According the State Bar of California website, about one-quarter  - almost 800 cases -  of the active investigations in the Office of Chief Trial Counsel (OTC) are related to foreclosure complaints. The State Bar has even released the names of 16 attorneys under investigation. The list of attorneys currently under investigation is available at http://calbar.ca.gov/state/calbar/calbar_generic.jsp?cid=10144&n=96395 Be careful out there - many scam artists and others simply o... 09/29/2009

Experience shows, as a homeowner this is the type of question that crosses your mind every time you see a new For Sale sign in your neighborhood.  "I wonder what they are priced at?"  "I wonder how long it will take for them to sell?"  or even "Thank goodness they are moving away!". Regardless of which thought you have when you pass that home, your next move should be to call me.  In a matter of minutes, I can tell you what that home is priced at, how long it might take to sell and sometimes even why they are moving.  The market is strong right now.  As I told you earlier this year, I thought the market had bottomed out.  I still believe that.  We spent all summer bouncing off that "bottom" but homes never dipped below the threshold we saw values settle at this Spring.  Three bedroom ho... 09/26/2009

On September 23, 2009, without any prior notice to the industry, HUD issued Mortgagee Letter 2009-34.  The action outlined in the letter will reduce reverse mortgage loan amounts (Principal Limits) by approximately 10% on all HECM loans with case numbers dated October 1, 2009 or later. There is a very short window to get any possible borrowers originated under the current loan amounts.  If you have any borrowers who have completed counseling, or are scheduled to complete counseling by Tuesday, September 29th, make sure they get their counseling certificate turned in right away.  Borrowers currently in processing should not be affected by this change. Any borrowers currently "on the fence" should make an immediate decision about going forward with their Reverse Mortgage.  I think it is a... 09/25/2009

We need great people to grow with our unique real estate company. Licensed agents only need apply. This is a paid position for the work you do, instead of doing "favors" or having "learning experiences" with your broker, you can join our company in Orange, across from Angel Stadium. At Valet Real Estate Services, I pay my agents for the work that they do for me like showing homes and hosting open houses. I currently have two openings for the position of Showing Agent. Of course, it is part-time - but you can continue to do real estate full-time in an extraordinary learning environment where you are paid for helping your broker out.Before you respond, read the entire post, in detail, to make certain you are considered. Application e-mails that do not follow my instructions will not be co... 09/25/2009

With so many properties getting multiple offers in the first few days - many from cash investors, how can a traditional buyer with a conventional or FHA loan compete? First, be patient and don't get attached to any one house. The chances are you will be outbid. However, if you want to increase your chances, here are some tips. As REO agents who get a lot of calls, emails and offers on our own listings, these are the things that make a buyer and their agent stand out. 1. Make contact. Ask your agent to make a personal contact with the listing agent. This is not always possible, as many busy REO agents don't return calls or emails, but it's always worth a shot to build rapport and try to gain insight into the number and strength of other offers. 2. Be concise. Ask your agent to prepare a ... 09/15/2009

Delayed until November 2, 2009, FHA is changing the way condo projects will be approved. Under the new rules, there will still be an "FHA Approved" list, however all prior approvals will be invalid unless approved on or after October 1, 2008. For condo projects not on this list, FHA will start from scratch approving a condo by one of the following two methods: Note: The "Spot Approval" process will be eliminated and replaced by these two methods. DELRAP (Direct Endorsement Lender Review and Approval Process) gives an Underwriter the power to approve a condo locally. The approved lender provides HOA documentation (CCRs, Budget, HOA Management Company Questionnaire, Insurance, Reserves, etc.). The Underwriter reviews the documents and makes a decision. The lending community is hopeful tha... 09/12/2009

I had my flag out on Independence Day as most of you did.  Now we have one week remaining to get the word out all across this great land and into every community in the United States of America.  If you forward this post to at least 11 people and each of those people do the same ... you get the idea.     THE PROGRAM: On Friday, September 11th, 2009, an American flag should be displayed outside every home, apartment, office, and store in the United States. Every individual should make it their duty to display an American flag on this eighth anniversary of one of our country's worst tragedies; yet something that galvanized American Patriotism.  We do this to honor those who lost their lives on 9/11.  It also honors their families, friends and loved ones who continue to endure the pain, an... 09/05/2009

I was talking to one of my favorite human beings the other day when he said something that rocked me a little.  Johnathan said, "I know you were concentrating more on loans there for a while.  I'm glad you're back to real estate."That caught me more than a little bit off guard.  Johnathan is an intelligent man and a Client for Life.  How could he think that?  I realized it was entirely my fault.  A few years ago, I added loan services to our menu in an effort to provide the best service to you.  I never stopped working at being the best Realtor available anywhere.  I continue to attend classes and I am an avid student of market conditions.How ironic that Johnathan said that to me the exact same week that I got my Broker exam results back.  I passed the exam to be a Broker, but I can't g... 09/02/2009

As a first time home buyer counting on using the $8,000 credit, it's time to act. The tax credit is due to expire on November 30, 2009. Unless the credit is extended, escrows closed after November 30, 2009 will not qualify. In other words, a buyer would need to be in contract soon since only 90 days remain. Will Congress extend it? Maybe, but if you're counting on the credit, I wouldn't mess around and I would certainly stay away from short sales if you hope to close on time. Nancy Moeller, CPA, Real Estate Broker Seven Gables Real Estate License #01727426 www.TheOCExperts.com www.OCMarketUpdate.com (blog) Direct: 714 276-7006 Fax: 714 917-2293 09/01/2009

There was just an article in the OC Register about how layaway is coming back into vogue. As I read the article, I thought that is not entirely a bad thing. I know we have all gotten used to the immediate gratification of handing over our credit card, but I clearly remember the warm and sincere delight of a layaway purchase.My first major purchase was in Frankfurt, West Germany. I was a 21-year old Specialist-4 in the U.S. Army stationed at V Corp Headquarters. I was at the Base Exchange standing in the electronics section. I'd come to Europe with an old all-in-one stereo from JC Penney (they didn't call them that, but I don't remember what they did call them). It had a phonograph, am/fm tuner and an 8-track player. Even in 1984, it was pretty dated; I mean the speakers plugged in.The n... 08/30/2009

Dear Vic, We wanted to thank you so much for all you have done for our family. When we had seemingly no where else to turn you were recommended to us and we feel so lucky to have come in contact with you. From our initial meeting you took on our case at full steam and never let down, seeing us through until ultimately a positive ending. You and all your staff have been professional from beginning to end. Through all the ups and downs of the process you were there to guide us, be realistic with us, and encourage us always reassuring us it will work out in the end. You were always the optimist against a virtual wall of negativity. You took on our case as if it were your only case, making us feel like we had a strong advocate for our interest. We will never be able to thank you enough for ... 08/06/2009

As the debate continues whether certain markets in Orange and Riverside counties have "bottomed", the usually gloomy Case-Shiller index reports that home prices have reversed course and that the bottom has passed. Please find a link to this interesting article http://realtytimes.com/rtpages/20090804_realestateoutlook.htm from Realty Times. For our clients in Orange County, we maintain that the market under $500,000 has reached a bottom. In Riverside County, we see this level at $350,000 and below. If you are a buyer in these markets, you are likely writting offers on multiple properties, competiting against at least a dozen other buyers and wondering why some people still believe that we're in a "buyer's market" and should expect greater price declines. Have a great day! Nancy Moeller, ... 08/04/2009