Bad News for Orange County Homeowners

Gary Anderson posts that with the conforming loan limit decreasing values in California for high end homes will fall. I predict that by Christmas of 2011 homes in Orange County valued today from $800,000. to two million will decrease eight percent more, and condominiums ten percent more, unless the Fed changes direction.

http://www.businessinsider.com/conforming-loan-limit-decrease-will-increase-strategic-default-2011-6?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Unfortunately I am right in there.

Greed Free

Caroline Gerardo's short fiction story Greed is Free on Amazon released June 2011

Short story Lust released on Amazon June 26th 2011

Whole Foods Coming to Laguna Niguel

I am happy to announce that work has begun remodeling the space where Tall Mouse closed on Aliso Creek Road. I am a fan of Whole Foods, twice a week I visit the store in Laguna. The store in Laguna Niguel will be larger and no competing healthy market is nearby. Henry's on La Paz does not carry the cold case and produce variety that the much smaller Whole Foods does in Laguna Beach. This also is excellent use of a large space in a market where vacancy has become the norm. Please join me in celebrating and supporting this store.

Real Estate Horror Stories

Gary Anderson writes:

Buyer beware in foreclosures and short sales. Go to the link to read his article.
Reports of banks playing bidding war, covering up mold infestation, and closing with a
swoop in cash buyer.

Gary Anderson, Author

"House Before" Photograph copyright Caroline Gerardo Barbeau 2011