Blog Profile / Lansner on Real Estate
| URL : | http://lansner.freedomblogging.com/ | |
|---|---|---|
| Filed Under: | Real Estate / Local Market | |
| Posts on Regator: | 4162 | |
| Posts / Week: | 22.7 | |
| Archived Since: | November 16, 2009 | |
Blog Post Archive
Builder Standard Pacific Homes’ profits soar on price, sales gains
Irvine homebuilder Standard Pacific Homes reported that its net earnings soared in the final three months of 2012, mainly because of a one-time tax benefit. Even without the tax windfall, however, the firm doubled its profits from year-ago levels, thanks to rising home prices and increased demand, company officials said in a fourth-quarter earnings report. [...]Show More Summary
Case-Shiller: L.A.-O.C. home prices up 7.7%
Home prices in the Los Angeles-Orange County area rose 7.7 percent in November, according to the S&P/Case-Shiller Home Price Index released Tuesday. November was the fifth consecutive month of home-price gains in the region, boosting prices back to January 2004 levels, the survey shows. Despite those gains, home prices still are 36 percent below the [...]Show More Summary
OC home sales generated $17.5 billion in 2012
Last year was the best year dollar wise for homesellers since the housing boom ended, figures from the Realtor-run California Regional Multiple Listing Service show. In 2012, buyers spent $17.5 billion purchasing Orange County homes – the most for any year since 2006, according to the service. “The reason is we have very little inventory,” [...]Show More Summary
Really? Neighbors complain about bakery ‘fumes’
Real estate news and views from around the globe that make you go, “Really?” Eatery neighbors in smell hell — N.Y. Post Would You Live in One of Mayor Bloomberg’s 300-Square-Foot Micro-Apartments? — N.Y. Observer Inside actor Ginnifer Goodwin’s L.A. Home — Elle At Builders’ Show, an Upbeat Forecast for Housing — Wall Street Journal Six [...]Show More Summary
1 1/2-year drop in homes for sale halted
The number of homes for sale in Orange County increased for the first time in 1 1/2 years, rising to3,249 for-sale listings as of Jan. 17, Steve Thomas of ReportsOnHousing.com reported this week. That’s up from an 8 1/2-year low of 3,161 homes for sale on Jan. 3. “The drop has stopped!” Thomas said in [...]Show More Summary
We’ve moved!
FOR ALL REAL ESTATE AND LENDING NEWS VISIT OUR NEW WEBSITE: LANSNER ON REAL ESTATE! We’ve moved! is a post from: Lansner on Real Estate We’ve moved! is a post from: Lansner on Real Estate
4 ways to gauge current market value
Leslie Sargent Eskildsen is an Orange County Realtor. She blogs about what she thinks Orange County homebuyers and sellers need to hear. Find her blog at whatagentsfeartellingyou.com. We are all on the same page that it is a seller’s market today in Orange County real estate. Not enough listings to feed the appetite of well [...]Show More Summary
Builder’s profits soar on price, sales gains
Irvine homebuilder Standard Pacific Homes reported that its net earnings soared in the final three months of 2012, due mainly to a one-time tax benefit. But even without the tax windfall, the firm doubled its profits from year-ago levels thanks to rising home prices and increased demand, the company’s fourth-quarter earnings report said. Company President [...]Show More Summary
Really? One bedroom unit sells for $9 million
Real estate news and views from around the globe that make you go, “Really?” The Priciest of One-Bedroom Apartments — Curbed.com Ernest Borgnine’s home in Beverly Crest area sells for $3 million — L.A. Times Freddie Mac Extends Evictions, Foreclosure Suspension in Hurricane Sandy — Marketwire RealtyTrac names ’20 best places to buy foreclosures — [...]Show More Summary
Analyst: Weak GDP no worry for housing
Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call “Thursday Morning Quarterback.” Here’s his latest installment. … ARCHIVE Should housing market participants be alarmed by the national economic weakness detailed in the “advance” release of gross domestic output numbers for the [...]Show More Summary
Mortgage rate jumps to 3.53%
What’s happening with mortgage rates? We’ve asked Jeff Lazerson, of Mortgage Grader in Laguna Niguel, to give us his weekly take … RATE NEWS SUMMARY From Freddie Mac’s weekly survey, and on the heels of the 10-year treasury bond closing over 2 percent for the first time in 8 months, the 30-year fixed rate jumped [...]
Really? Beatles HQ becoming a clothing store
Real estate news and views from around the globe that make you go, “Really?” Beatles’ Former London HQ Planned as Abercrombie Shop — Bloomberg John Lennon’s Nutopian Embassy Returns to Market for $4.25M — Curbed.com Do You Recognize Any Buildings In This 1896 Manhattan Skyline? — Gothamist Judge refunds $1M deposit to Rushmore building buyer [...]Show More Summary
$1 million home sales hit highest level in five years
DataQuick reported today that 3,631 Orange County homes sold for $1 million or more in 2012, the highest number since 2007. That’s up 34 percent from 2011?s tally of million-plus sales, compared to an increase of 17 percent for sales of all homes in the county. Statewide, million-plus sales increased 27 percent to 26,993, vs. [...]Show More Summary
Really? Sandy-damaged homes sellng ‘as is’
Real estate news and views from around the globe that make you go, “Really?” In Rockaways, Marketing Hurricane-Wrecked Properties ‘As Is’ — N.Y. Times Home Prices Rise, but Will a Recovery Last? — Time 13 Cats Photobombing Real Estate Listings — Huffington Post Full Disclosure Laws: Janet Milliken Sues Seller, Realtor Over Home’s Notorious Past [...]Show More Summary
Case-Shiller: L.A.-O.C. home prices up 7.7%
Home prices in the Los Angeles-Orange County area rose year-over-year for a fifth consecutive month in November, according to the S&P/Case-Shiller Home Price Index released Tuesday. Prices in the two-county area rose 7.7 percent in November from the year before, the report said. Prices in the region are back to January 2004 levels, the survey [...]Show More Summary
Trustee: Realtor president diverted funds
A Santa Ana bankruptcy trustee has accused National Association of Realtors President Gary Thomas of fraudulently transferring $578,000 to himself and two sons in the year before his real estate brokerage sought bankruptcy protection. Thomas made “an attempt to divert and conceal assets from the creditors” of his real estate firm, Beneficial Services Inc., trustee [...]Show More Summary
Really? Suitcases of cash used to buy property
Real estate news and views from around the globe that make you go, “Really?” Dubai Suitcases of Cash Circumvent Loan Rules — Bloomberg California still hasn’t bought land for bullet train route — L.A. Times Six Housing Forecasters Who Got Things Right in 2012 — Wall Street Journal Is This Report a Bad Sign For [...]Show More Summary
Home once owned by subprime king: $4.5M
A 5,000-square foot house for sale in Newport Coast once belonged to subprime mortgage king Daniel Sadek. Sadek lost the home when the property was foreclosed in April 2011 for $2.9 million. The bank resold it in October 2011 for $2.5 million. The house, in Pelican Ridge Estates, hit the market again last month. It’s [...]Show More Summary
New home sales surged in 2012
New homes are selling again in Orange County. The problem is, developers aren’t building them fast enough to meet demand. Buyers opened 2,926 new-home escrows in Orange County last year, more than half of them in the last six months of 2012, according to MarketPointe Realty Advisors, a San Diego research firm that tracks the [...]Show More Summary
Home inspection woes: Small, medium and large
Leslie Sargent Eskildsen is an Orange County Realtor. She blogs about what she thinks Orange County homebuyers and sellers need to hear. Find her blog at whatagentsfeartellingyou.com. Congratulations! You persevered in the battle for Orange County homes and emerged victorious. Now you’re in escrow with a chunk of change out of your bank account and [...]Show More Summary