Laguna Niguel Home Market

• Median List Price
  $749,000
  1% ( $10,000) vs Nov 2013
• Median Sales Price
  $710,000
  3% ( $22,000) vs Nov 2013
• Median Foreclosure Sales Price
  $595,000
  5% ( $28,500) vs Nov 2013

• Foreclosures	158
  Homes for Sale	373
  Recently Sold	514

Market Summary Foreclosures for Laguna Niguel

 California

There are currently 158 properties in 92677 that are in some stage of foreclosure 

(default, auction or bank owned) while the number of homes listed for sale is 373.

In December 2014, the number of properties that received a foreclosure filing in 92677 was 31% higher than the previous month and 40% higher than the same time last year.

Home sales for November 2014 were down 61% compared with the previous month, and down 47% compared with a year ago. 

Median sales price of a non-distressed home was $710,000. The median sales price of a foreclosure home was $595,000, or 16% lower than non-distressed home sales.

Numbers of new listings for non foreclosures greatly slowed in December and January with buyers still looking for product, but little on the market. This is typical from Christmas until the Superbowl but we should be seeing increasing new listings in Laguna Niguel, Laguna Beach, Dana Point and the surrounds - but not yet...

Sales Prices - 92677

Mortgage RATES hit historic lows

With rates in the high 3's we should

see the market increase in the spring

I expect the values to increase, sellers

again listing houses high but buyers

getting in where they can

Bath Remodel Loan

Bath remodel ideas

We have a new mortgage that allows a Borrower to 

buy a house and finance the construction improvements

they plan to complete.

Work should be completed in six months

This is a compromise between a 203k loan that only

gives you $30000 and a full new construction loan that

can go up to ten million dollars and take two years.

The remodel amount must be less than fifty percent of

the sale price.

Perfect for a beater house with an ugly bath or outdated

kitchen that needs a face lift

Homestyle Mortgage Loans Universal American Mortgage

Eagle Home mortgage

http://eaglehomemortgage.com/carolinegerardo

Caroline Gerardo Senior Loan Officer NMLS #324982 Cell 949-637-8190 Office 949-784-9699 eFax 855-883-4303 CarolineGerardo@eaglehm.com www.eaglehomemortgage.com/carolinegerardo Committed to Seeing You Home. Eagle Home Mortgage 8105 Irvine Center Drive Suite #500 Irvine CA 92618 NMLS #849059 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend. Applicants must qualify.

Snacks

I'm serving snacks - most from my organic garden for

a real estate preview. I carved the butternut squash to act

as cups holding roasted nuts, olives and placed a big variety

of cheese on a wooden platter.

Aren't the colors just beautiful?

Someone took one of the butternut squash sculptured

cups and there was a big bite mark.

Did they not know what it was?

 

Next time I'm going to be really crazy and serve

boquerones, alici (white anchovies) with spicy sauce

hard boiled quail eggs, and olives

 

 

 

CHF Golden State Finance Authority

 CHF/ GSFA Lenders

Borrowers 

CHF is changing its name to Golden State Finance Authority (GSFA).

View E-News Bulletin here.

What Has Already Transitioned?

Our website www.chfloan.org now displays the Authority’s new name: Golden State Finance Authority (GSFA). A new logo is also displayed.

What You Can Expect Next

· Over the next couple of weeks, you will notice the CHF name on our Online Reservation System change to GSFA.

· The respective programs, CHF Platinum and CHF MCC will change to GSFA Platinum and GSFA MCC.

· The Program Documents available for download through the Online Reservation System will also reflect the Authority’s name change soon. (i.e. Grant letters and reservation confirmations will display GSFA as the sponsor.)

· NOTE: The EIN # for the Authority remains the same.

PLEASE CIRCULATE THIS INFORMATION to

Mortgage Lenders and Home Borrowers

We ask that you circulate this information to your branch offices and respective loan officers participating in our home ownership programs.

As always, if you have questions, let us know. We appreciate your patience during this transition.

Golden State Finance Authority

1215 K Street, Suite 1650

Sacramento, CA 95814

www.chfloan.org

Note: Golden State Finance Authority (GSFA) was formerly known as CRHMFA Homebuyers Fund (CHF). A formal name change is pending.