Friday, August 27, 2010
Thursday, August 19, 2010
Happy Thursday!
Remember to smile today, because your actions directly and indirectly affect everyone around you. Happy Thursday!
~Julie
~Julie
Monday, August 16, 2010
July Foreclosures Drop Nearly 10% from a Year Ago: RealtyTrac
Wednesday, August 11th, 2010, 11:00 pm
Foreclosure filings in July dropped 9.7% from the same month last year, the second straight month of yearly declines, according to RealtyTrac, an online foreclosure marketplace.
After a 1% yearly increase in May, filings declined 6.9% on an annual basis in June and the nearly 10% drop in July. There were 325,229 properties that received a foreclosure filing in July, a 4% increase from May. It also marks the 17th consecutive month that foreclosure activity exceeded 300,000, said James Saccacio, CEO of RealtyTrac.
Saccacio added that default notices were down from the previous year for the sixth straight month in July as servicers and lenders have escalated repossessions (REOs) to near-record levels.
In July 97,123 properties received a default notice, a 28% decrease from July 2009 but a 1% increase from the previous month. Default notices are down 32% from the 142,064 peak in April 2009.
But 92,858 properties went back to the banks as REO in July, the second highest monthly total since RealtyTrac began tracking them in April 2005. It's 1% below the peak in May when there were 93,777 REO properties reported.
Nevada holds the highest foreclosure rate of any other state for 43rd consecutive month. There, one in 82 houses received a filing in July, and 13,727 total properties received a filing. That is a 7% uptick from last month but a 30% decrease from last year. July marks the 10th straight month of yearly decreases for Nevada.
Arizona held the second highest foreclosure rate. There, one in every 167 houses received a foreclosure filing, even though filings dropped year-over-year for the sixth straight month. Florida was third, where one in 171 houses received a filing. California registered the fourth highest, where one in 200 houses received a filing.
On the metropolitan-statistical area (MSA) level, the top-10 areas are showing a "bumpy downward trend," according to RealtyTrac. While those areas all showed decreases from last year in July, five of them had decreases from the previous month. The Las Vegas-Paradise area, where one in 71 houses received a foreclosure filing in July, had a 9% increase from the previous month.
Filings in the Cape Coral-Fort Meyers, Fla. area increased 21% from June, and the Phoenix-Mesa-Scottsdale area had a 19% climb, the two biggest increases in the country.
by JON PRIOR
Foreclosure filings in July dropped 9.7% from the same month last year, the second straight month of yearly declines, according to RealtyTrac, an online foreclosure marketplace.
After a 1% yearly increase in May, filings declined 6.9% on an annual basis in June and the nearly 10% drop in July. There were 325,229 properties that received a foreclosure filing in July, a 4% increase from May. It also marks the 17th consecutive month that foreclosure activity exceeded 300,000, said James Saccacio, CEO of RealtyTrac.
Saccacio added that default notices were down from the previous year for the sixth straight month in July as servicers and lenders have escalated repossessions (REOs) to near-record levels.
In July 97,123 properties received a default notice, a 28% decrease from July 2009 but a 1% increase from the previous month. Default notices are down 32% from the 142,064 peak in April 2009.
But 92,858 properties went back to the banks as REO in July, the second highest monthly total since RealtyTrac began tracking them in April 2005. It's 1% below the peak in May when there were 93,777 REO properties reported.
Nevada holds the highest foreclosure rate of any other state for 43rd consecutive month. There, one in 82 houses received a filing in July, and 13,727 total properties received a filing. That is a 7% uptick from last month but a 30% decrease from last year. July marks the 10th straight month of yearly decreases for Nevada.
Arizona held the second highest foreclosure rate. There, one in every 167 houses received a foreclosure filing, even though filings dropped year-over-year for the sixth straight month. Florida was third, where one in 171 houses received a filing. California registered the fourth highest, where one in 200 houses received a filing.
On the metropolitan-statistical area (MSA) level, the top-10 areas are showing a "bumpy downward trend," according to RealtyTrac. While those areas all showed decreases from last year in July, five of them had decreases from the previous month. The Las Vegas-Paradise area, where one in 71 houses received a foreclosure filing in July, had a 9% increase from the previous month.
Filings in the Cape Coral-Fort Meyers, Fla. area increased 21% from June, and the Phoenix-Mesa-Scottsdale area had a 19% climb, the two biggest increases in the country.
by JON PRIOR
Friday, August 13, 2010
OPEN HOUSE SATURDAY 8/14/2010
Please come visit my open house in Newport Beach Saturday 8/14, from 11 am - 3 pm. Amazing deal. Over 6000 square feet of living space for only $1,999,999.
526 Riverside Ave
Newport Beach, CA 92663
526 Riverside Ave
Newport Beach, CA 92663
Monday, August 9, 2010
Live, Love, Yoga & Real Estate
I think I'm going to rename this blog, "Live, Love, Yoga, Real Estate." It kind of goes hand in hand with my old "mind, body & business" motto. I've grown a lot since then though, and I'm much more than just mind, body and business these days. I'm also spirit, love, health and laughter. On a side note, I really wish I could add music to this blog. I have a great Muse song playing in the background, and it sets the mood perfectly. Anyway, not to digress, I am changing things. I'm not just going to do what I think everybody else wants me to do. I'm going to try being me for a change. I started this blog to be purely business related. But, then I got bored. I'm much more than just that, so now I'm just going to post whatever moves me at each moment. Don't worry, there will be plenty of real estate updates, but lots of other stuff, too. And yes, I'm going to add yoga into the equation. This may or may not work, but my next question is for who? My potential prospective clients? Well, being that I have 3 followers so far and one is my husband (and I've probably had this blog for about a year), I'm not sure what I've been doing up to this point has been working so well. So, now I'm just going to have fun, and make this a true Web Log. I'll say this in advance, if I offend anyone ever...view something else. Finally, if anyone is ever looking for a different kind of Realtor, give me a call: 949-922-1708.
I'm Back!!!!!!!!!!!
My listing at 526 Riverside is now ONLY $1,999,999. This is unbelievable. This property was originally listed at 3 million dollars! This home is now priced lower than the bank owned distress sales. This property boasts over 6,075 square feet of living space, 5 bedrooms, 4.5 baths, and it's located in the highly desirable enclave of Newport Heights. It will be held open every Saturday from 11 am - 3 pm. Please stop by, take a look, and make us an offer.
526 Riverside Ave
Newport Beach, CA 92663
526 Riverside Ave
Newport Beach, CA 92663
On a more personal note: after taking a short break from real estate, I'm diving back in head first. Only this time, I'm wearing protective eye wear, ear plugs, and a wet suit. I'm doing it differently. I plan on taking everything I know and that I've learned throughout the years and integrating it into everything that I do. I will make real estate work for me instead of me working for real estate. Most of all, it's got to be fun, because if it's not, I won't do it. I believe that the work you do can be very fulfilling. Once it stops being fulfilling, then something's got to change. Even the best job in the world can become cumbersome if you're not careful. Part time, I teach yoga (my dream job), but even that can feel like work sometimes. This time around, I want all of my work to feel less like work, and I plan on making this happen by setting boundaries. I'm not going to go into much detail about this, but so far so good. I'm smiling a lot lately. I hope you do, too.
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