Boker's Blog

"Glass Half Full" Perspective

ORANGE COUNTY REGISTER BUSINESS SECTION 9/25/2011
Jeff Collins
“1 IN 4 O.C. HOMES ARE MORTGAGE-FREE”
The countywide percentage of mortgage free homes has been rising during the past seven years, no doubt because of the higher proportion of all-cash buyers who surfaced in the wake of the credit crunch.

ORANGE COUNTY REGISTER BUSINESS SECTION 9/23/2011
Jonathan Lansner
“DEMAND FOR O.C. HOMES UP 9% ”
It would take 3.59 months for buyers to gobble up all homes for sale at the current pace of pending deals compared to 4.42 months a year ago.

LOS ANGELES TIMES BUSINESS SECTION 9/22/2011
Alejandro Lazo
“HOME RESALES POST STRONG GAINS IN AUGUST ”
Sales of previously owned homes rise 7.7% from July. Experts had expected 1.7%

"Glass Half Empty" Perspective

ORANGE COUNTY REGISTER BUSINESS SECTION 9/20/2011
Jonathan Lansner
“ABOUT 1 IN 8 HOMEOWNERS EXPECT 1 –YEAR APPRECIATION”
Will home prices rise? Homeowners don’t seem to be convinced. 13 percent expect the values to go up in the next year – unchanged from last year.

ORANGE COUNTY REGISTER BUSINESS SECTION 9/20/2011
Jeff Collins
“O.C. FORECLOSURES PROCESS CAN STRETCH BEYOND 500 DAYS”
It’s taking lenders 30 percent longer to complete a foreclosure in Orange County than a year ago.