Special Cat and Kitten Promotion from Mission Viejo Animal Services

August 27, 2009

Now is the time to adopt a cat or kitten from Mission Viejo Animal Services, during a money-saving special promotion from Aug. 29 to Sept. 6.

DAWG (Dedicated Animal Welfare Group), a non-profit organization that provides animal medical care, will be sponsoring a great opportunity to adopt cats and kittens at a reduced cost.  Adoption fees are normally $135, but during the promotion will range from only $35 to $85.  All cats and kittens adopted will be spayed or neutered, vaccinated and have a microchip.  If you are looking to adopt, Mission Viejo Animal Services currently has over 70 cats and kittens anxiously awaiting new homes.

For more information, please call (949) 470-3045 or send an email to ask-shelter@cityofmissionviejo.org.

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

For the second quarter 2009, the number of homeowners behind on payments or in foreclosure ROSE.

Being out of work is causing more Amerixans to fall behind on their house payments triggering a new round of FORECLOSURES.

More than 13% of the nations mortgage holders were delinquent or in the process of being foreclosed on during the 2nd quarter of 2009.  This is the HIGHEST tracking figure since 1972; CALIFORNIA's RATE @ 15.2% was among the highest!

The rising tide of foreclosures could swamp positive economic trends such as improving home sales and a surprise increase in US regional manufacturing.

WHAT DO YOU THINK ??

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

Laguna Hills and Newport Beach saw the state’s biggest home price increase rates in July, and Newport Beach was in the Top 10 of  median prices statewide, the California Association of Realtors says.

The median price in Laguna Hills was $520,000, up 40.5% from $370,000  in July 2008. In Newport Beach, the median was $1,300,000, up $13.5  from $1,145,000 in the same period last year.

Orange County’s overall median price in July was $500,210, up 2.4% from June, but down 6.9% from a  year ago.

Other O.C. highlights, by CAR’s math:

• Sales were up 7%  from July 2008 and up 4.1% from June.
• The county’s unsold inventory was at 5.6 months in July, compared with 5.8 months in June and 7.8 months last July.
• Time that O.C. homes spent on the market:  36.1 days in July, compared with 44 days in June and 49.1 days in July 2008.

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

The four primary economic indicators that affect real estate are interest rates, job market, affordability, and consumer confidence.

By analyzing these, we understand why the market is improving, and we can predict where the market is trending.

Interest rates -Your monthly mortgage payment is directly affected by the interest rate you pay. For example, if you have a $300,000 mortgage at 5% amortized over 30 years, your monthly payment is $1,610. If your interest rate is 8% on the same amount, your monthly payment is $2,201. A $591 monthly payment difference makes it clear that interest rates are important.

Federal Reserve Chairman Bernanke has indicated that he intends to keep interest rates low...at least for the next few months.

Job Market - Obviously, people need income in order to buy a home. With unemployment over 10% in California, many potential homeowners are unemployed or in fear of losing their job. There is definitely a need for the job market to grow stronger.

Affordability - Over the past four years, home prices have depreciated from 30 to 40% in most areas of California. We may never see prices this affordable again. In fact, in the lower price ranges, we are already experiencing some appreciation.

Consumer Confidence - This is, perhaps, the most important factor of all. When consumers believe the market is good, they are more inclined to make purchases. With interest rates very low, prices down, and consumer confidence on the rise, it is easy to predict a bright future for California real estate.

TELL ME YOUR THOUGHTS......

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

California Market Analysis

Master saxophonist Gerald Albright is known for his percussive, soulful interpretation of both contemporary and straight-ahead jazz. His CD, Pleasures of the Night, also demonstrated his ability as a songwriter and producer, and his latest, Groovology, combines elements of jazz, funk and searing R&B.

Sax great Kirk Whalum has become a resounding force on the contemporary jazz scene with his trademark melodic lyricism, soulful sound and emotional power, adding some funk and grit alongside his customary vibrant, romantic display. A deeply spiritual man, Kirk weaves his gospel base with Brazilian samba rhythms, jazz, rock, gutsy blowing, R&B, fusion, and multi-dimensional sounds. His latest release, Hymns in the Garden, continues his incredible range of artistry and pure joy of the sax.

Jazz concerts held on consecutive Friday evenings throughout the summer at the Hyatt Regency Newport Beach's very own outdoor amphitheater. With the Back Bay views, the lush walkways and reflection of the tropics, this one of a kind setting makes it the most intimate venue for Southern California's premier jazz events.

For customers purchasing the "Dinner & Concert" option, your ticket includes a Gourmet Dinner Buffet before the show in the Sol Restaurant or outdoors on the terrace. No reservations are required. Seating begins at 5:30pm.

Please Note: All sales are final. No refunds or exchanges.

Albright and Whalum
Friday, August 21, 2009 at 8:00 PM
Hyatt Regency Newport Beach
1107 Jamboree Road
Newport Beach, CA 92660
Phone: (949) 729-6400
Website: www.summerjazzseries.com/
E-Mail: eventsnewpo@hyatt.com

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

DON'T YOU WISH YOU WERE SELLING A MILLION DOLLAR PLUS HOME IN TODAY'S MARKET?.........NOT REALLY

291 HOMES priced at $1 million or more in Laguna Beach, Newport Beach, San Clemente and Dana Point combined have seen price reductions in the last 30 days. 

Would you like to buy Richard Nixon's former "Western White House" compound in San Clemente?....If you have $9.9 million, IT'S YOURS !  Slashed in price from $15 million......

Talking to some realtors today, it is said that this recession will reflext the last recession in the early 1990's; home prices will shrink by 30 percent or more from their price in the 2004-05 peak before stabilizing. 

In today's market, the lower the price range of the home, the HOTTER the market is.....Home priced over $1 million are averaging 7 months to sell currently. 

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

The FEDERAL RESERVE BOARD amended Regulation Z ..which requires the lender to: 

-give borrowers written disclosure on essential credit terms including the cost of credit expressed as a finance charge and an annual percentage rate.

-respond to consumer complaints of billing errors on certain credit accounts within a specified period.

-identify credit transactions on periodic statements of opened credit accounts.

-provide certain rights regarding credit cards.

-inform customers of the Right of Rescission in certain mortgage-related loans within a specified period.

-comply with special requirements when advertising credit.

-----

The changes in effect on July 30, 2009 are:

1. Upfront fees cannot be collected until the fourth business day after the initial disclosures are mailed.
2. There is a mandatory 7 business day wait period between the delivery of the initial disclosures and the signing of the closing documents.
3. Borrower will receive a re-disclosed TIL if changes of the interest rate or fees result in an increase of the APR by more than 1/8 of 1 percent.
4. Borrower must receive the re-disclosed TIL no later than 3 business days prior to signing the loan documents. 

These changes are applicable to ALL lenders ~

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

ARE HOME PRICES GOING UP?

ARE HOME SALES (VOLUME) GOING UP?

YES, at least in some of Orange County cities.....

LAGUNA NIGUEL:  Home Prices UP 3.2% over last year / Home Sales UP 33% over last year (105 closed sales for last month).

DANA POINT:  Home Sales UP 6.5%

CAPISTRANO BEACH:  Home Sales UP 60%

SAN CLEMENTE:  Home Sales UP 32%

Buyers are buying NOW; Interest RATES at all time LOW; Call NOW for the "5 Point System" that buyers must know to get a great deal in todays market.

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

I'M BUYING A HOME, ... SHOULD I USE A REAL ESTATE AGENT ?

• Who else can familiarize you with the HOME BUYING process? 
• Who else can familiarize you with different communities you are interested in living in;  and the local values, utilities, taxes and school data
• Who else can tell you what your are qualified to buy; explain financing strategies; alert you to risks in certain properties; explain the paperwork, disclosures necessary?
• Who else will be your advocate during the negotiating process?
• Who can offer you tremendious MORAL SUPPORT during this process?

A REALTOR CAN!!

We only get PAID when your deal CLOSES ESCROW, and we work hard to accomplish that!

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search

www.clientappreciationprogramweb.com/08-09_zen_news.pdf

ARE YOU READY TO LIST YOUR HOME FOR SALE TODAY ?

Here are some tips WE can discuss when pricing your home for sale....

• LOCATION of your home
• Supply and demand in the current market
• Local Schools
• Average home prices/sales in your neighborhood
• Economic Conditions
• Upgrades made to your home

CALL ME today, and I will price and SELL your home !

(949) 922-2200

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search