Category: News

Septembers’ Fed meeting came and gone. Conclusion is more or less the same as before. No increase but the bias is upward. Still expecting minimum one increase of a 0.25% before end of December 2016.

A cozy dual-master townhouse for sale. Beautiful hardwood floor on first level, plantation shutters throughout, plus custom paint with rich accents highlight this immaculately-kept and well-maintained home. Centrally located and within minutes from The Marketplace, Tustin Ranch Golf Course, Peter’s Canyon Regional Park, and award-wining schools of Myford, Pioneer, and Beckman.

Mortgage rates remain steady since the release of August employment figures. Amid the latest round of Fed speaker talks of rate increases, the anticipation is one increase of a 0.25% for the remainder of 2016. Last increase was in December 2015.

Mortgage rates are back to record low levels reached in 2012. Turmoil and uncertainties in Europe are driving money back into bond markets.

Sublease – 1190 Roosevelt, Suite 200, Irvine. Offer at $1.75 per sqft. Located in the Prestigious Jeffrey Office Park in Irvine. Approx. 2480 Sq Ft of Second Floor Office Suite consists of Reception Area, 5 Offices, 1 Over-sized Conf Room, Break Room, Dedicated Tech Room with Separate AC, & Private Restrooms. Call 949.232.0828 for more details.

Housing starts and permit declined in January

5BR/4.5BA, 3800+ sqft of Living Space On a Quiet Cul-de-Sac; Open Floor Plan w/ Vaulted Ceiling, Large Living Room w/ Cozy Fireplace, Main Floor BR w/ Private BA; Gigantic Master Suite w/ Retreat, Walk-in Closets, Separate Shower & Tub

A Chinese national’s property was literally stolen and the property was then re-sold to another buyer and closed escrow on it. Everything was carried out without the notice of the owner and standard procedures were followed – listing on MLS, seller and buyer agents, title and escrow companies, notarized documents, and so forth. A seemingly legitimate transaction is actually filled with fraudulent activities, identity theft, impersonation, fabricated documents and forged signatures.

European Central Bank hinted more QE on the way; Global rates decline in response.

China, for the first time, has overtaken Canada as the top country of origin for foreign buyers of US homes in 2015 according to National Association of Realtors (NAR).

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