Real Estate Blog

Surterre Properties: Diaper & Wipes Drive

Monday, April 14th, 2014 at 6:20pm. 447 Views, 0 Comments.

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Multiple Offers FYI!

Tuesday, April 8th, 2014 at 6:53pm. 464 Views, 0 Comments.

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Surterre properties eWaste Recycling

Tuesday, April 8th, 2014 at 6:47pm. 449 Views, 0 Comments.

  DeAnne Jakobsen Property Specialist 949-212-8699 djakobsen@surterreproperties.com Lic# 01849676

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Surterre’s Weekly Financial and Market Update

Tuesday, April 1st, 2014 at 6:05pm. 550 Views, 0 Comments.

Surterre’s Weekly Financial and Market Update

Week Ending 3/31/2014

“Glass Half Full” Perspective

 

ORANGE COUNTY REAL ESTATE SECTION 3/30/2014

“FOR THE 22 BUSINESS DAYS ENDING MARCH 17 COMPARED TO A YEAR AGO”

Prices

Resale Homes          up 14.5%

New Homes              up 16.4%

Resale Condos         up 18.6%

 

Sales Volume

Resale Homes          down 15.6%

Resale Condos          down 8.9%

New Homes                up 31.8%

Median Price $575,000 up from $495,000 a year ago (all homes according to DataQuick)

Sales Volume 2,817 down from 3,129 a year ago

 

ORANGE COUNTY REAL ESTATE SECTION 3/26/2014

“JANUARY’S REGIONAL HOUSE PRICES UP 18.9% FROM YEAR AGO”

 

January marked the

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4 Bed, 4.5 Bath, 3,200 sqft Tustin Field Home for Sale

Friday, March 28th, 2014 at 7:34pm. 522 Views, 0 Comments.

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4 Bed, 4.5 Bath, 3,200 sqft Tustin Home for Sale - $1,150,000.00

Monday, March 24th, 2014 at 7:29pm. 287 Views, 0 Comments.

15214 Washington ST, Tustin 92782

Impeccably maintained William Lyons home in Columbus Square. Formal living & dining room with expansive family & bonus room that opens to a well designed gourmet kitchen with granite countertops, island & Butler's pantry. JennAir stainless steel 48" refrigerator, double 30" ovens & gas range with 5 burners. Premium hardwood flooring throughout, including hallways & stairs with dark stained maple railings & balusters. Coffered ceilings, designer paint, surround sound, 6" baseboards & SmartBox technology. At over 3,100 feet, the home is comprised of four bedrooms, each with a private bath or shower. Oversized master suite with a luxurious bathroom with a separate bathtub, shower & dual granite vanities. Large

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Buying is Cheaper than Renting by 38%

Monday, March 17th, 2014 at 5:24pm. 554 Views, 0 Comments.

Purchasing a Home remains Cheaper according to the latest survey released by Trulia.com.

Low mortgage rates have kept homeownership from becoming more expensive than renting Even though prices increased sharply in many markets over the past year. Rising rents hurt affordability relative to incomes, but rising rents make buying look cheaper in comparison.

Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally, Homeownership remains cheaper than renting nationally and in all of the 100 largest metro areas..

"To compare the costs of owning and renting, we assume buyers get a 4.5% mortgage rate on a 30-year fixed-rate loan with 20% down; itemize their federal tax deductions and are in the 25% tax bracket; and will stay in

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Things to do before selling your Home

Wednesday, March 12th, 2014 at 6:10pm. 535 Views, 0 Comments.

1. Clean and De-clutter.
If you don’t do anything else you MUST do this. It is very difficult for buyers to see themselves living in the home if they can’t see the floor or the walls because there is stuff everywhere. Cleaning seems obvious but I mean a true deep clean inside cabinets, bathrooms, and closets. Purge or place in storage all the items that you do not need or don’t use daily. While you are cleaning and storing, take out personal items, it’s important to help the buyer envision how they will fit into the space. Lastly, all guns, valuables or personal items should be locked away. If there is a drawer, assume that it will be opened, if there is a door assume someone will look inside.

2. Curb Appeal and Entrance.
The front and back of the home

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Labor Market Springing to Life

Friday, March 7th, 2014 at 6:08pm. 555 Views, 0 Comments.

In This Issue 


Forecast for the Week
  

"Missed it by that much." Maxwell Smart. For the first time in several months, the number of job creations came in above expectations rather than missing the mark. Read on for details and what this means for home loan rates. 

Despite the harsh winter weather, 175,000 jobs were created in February. This was above the 163,000 expected, and the largest gain in three months. In addition, there were revisions to the numbers for December and January, adding 25,000 more job creations than were previously reported. 

The Unemployment Rate ticked up to 6.7 percent from 6.6 percent, while the Labor Force Participation Rate (LFPR) remained at 63.0 percent, a 35-year

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NEW RESIDENTIAL SALES IN JANUARY 2014

Thursday, March 6th, 2014 at 6:03pm. 543 Views, 0 Comments.

The U.S. Census Bureau and the Department of Housing and Urban Development reported 9.6 percent rise of New Single Family home sales Last January 2014, that is 2.2 percent higher than January 2013 New Single Family home sales.

January 2014 Median sales price of new houses sold in January was $260,100 and the Average Sales Prices was $322,800.

The seasonally adjusted estimate of new houses for sale at the end of January was 184,000. This represents a supply of 4.7 months at the current sales rate.

 

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