Catalina Island 12.9.09

On my drive to Orange yesterday on the 261 Toll Road...

Sometimes we need to stop and enjoy where we live.

                                                  ~Nicole McFadden

Just Leased- Commercial Suite In Irvine

Bayside Insurance Group
2405 McCabe Way Suite #211
Irvine, CA 92614
http://baysidegroup.net/

• 1,742 square feet
• 6 private offices
• Excellent Location visible from the I-405 

Home Prices Rise 0.9 Percent in Third Quarter

December 8, 2009

Second Consecutive Quarterly Increase in Home Values Affected All Regions

McLean, VA – Freddie Mac (NYSE: FRE) announced today that its Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series registered a 0.9 percent quarterly gain (3.8 percent annualized) during the third quarter 2009 for the U.S., following an upward revised 2.0 percent pickup (8.2 percent annualized) in the second quarter and marking the second consecutive quarter of price increase. The increases of the past two quarters erased about two-fifths of the declines registered during the final quarter of 2008 and the first quarter of 2009; over the year ending with the third quarter of 2009, U.S. home sales prices were down 3.9 percent in the CMHPI Purchase-Only Series.

This is good news for my sellers who have been waiting. I feel that through my time spent in the field showing property that the buyers are there and they know what they want. As home prices begin to rise the buyers are more likely to start putting offers before they miss out on the tax credit and incentives.  Please call or email me to discuss the current market value of your home or your real estate questions, 949.922.8148.

REO & Short Sale Facts for buyers

Today's buyers seem to have one thing in common: Everyone wants a great deal. So the real issue is whether the foreclosure, REO or short-sale property you're eyeing is a bargain or a money pit.

The buying public seems to think that "great deal" equals foreclosure, short sale or bank-owned property. The truth is that these properties may appear to be bargains, but in many cases you could be buying someone else's problems. If you're looking for a bargain property, here are some key issues to consider:

CLICK BELOW TO READ FULL ARTICLE:

REOs, short sales aren't always bargains

Some find quality, convenience take back seat to price

BY BERNICE ROSS, MONDAY, NOVEMBER 30, 2009.

Inman News

Happy Holidays!

As you gather with family and friends on this holiday, remember that it is a time to be grateful for events that have taken place in our history and the people we care about most.  I wish you and yours a great holiday season and a Happy Thanksgiving.

Sincerely,

Nicole McFadden