Mission Viejo and Orange County, California Real Estate Blog

Just Listed in Laguna Hills

Gail McClendon

Residential

Mon, Oct 6, 2008 11:23 AM

Ref: 1

SFR

Detached

RES

Active

26052 Terra Bella Ave

Laguna Hills (LAGH)

Price $795,000

	Laguna Hills (S2)		Zip 92653-5608		TGNO 921H4
	Orange County (OR)		XSTS Aliso Hills/Terra Bella		Aerial Map
	S549969	Media: 20	Builder Tract Stratford Ridge (SR)
	Bed 4		Model Hanover (B)
	Baths 3	Style Contemporary	Stories One Level		Floor
	View Trees/Woods View				HOA Dues $ 0 +  $ 0		Land Lse/Yr $
	ASqFt 2,400 Assessor		YrBlt 1978   Assessor		Land Fee
	ALotSize 6,825 Assessor		Dim 65x105		Acres 0.16
	Prkng Garage Attached
	Garage 3 A	Rem	# Uncovered Spaces	Cprt	RV Acc	Range $: No

Contemporary Charm... Single Story In The Heart Of Laguna Hills. Upgraded.. Including Custom Oak Double Door Entry,Plantation Shutters, Tile,Carpet,Tract Lighting,Ceiling Fans,French Doors,Leaded Glass Front Windows,Built-In Entertainment Center In Family Room. Step Down Living Room w/Fireplace Opens To Large Dining Area.Kitchen Has upgraded Appliances & Breakfast Nook,French Doors Open To Large Covered Patio/Wonderful Private Backyard & In-Ground Spa, 3 Car Garage w/Storage & Work Bench.

Directions La Paz to Aliso Hills, left on Terra Bella.

Mission Viejo, Aliso Viejo, Laguna Hills, Laguna Niguel, Rancho Santa Margarita

Single Family Sales - Residential					Other Statistics
Price Class	Bedrooms
	2 OR Less	3	4 Or More		Condo Sold
$0 - $99,999	0	0	0		0
$100,000 - $149,999	0	0	0		15
$150,000 - $199,999	0	0	0		28
$200,000 - $249,999	1	0	0		58
$250,000 - $299,999	1	3	0		63
$300,000 - $324,999	0	1	2		30
$325,000 - $349,999	0	1	0		17
$350,000 - $374,999	1	2	0		27
$375,000 - $399,999	6	5	1		14
$400,000 - $424,999	7	12	4		19
$425,000 - $449,999	9	24	5		16
$450,000 - $474,999	1	23	10		8
$475,000 - $499,999	1	17	17		4
$500,000 - $549,999	1	37	36		5
$550,000 - $599,999	1	25	22		3
$600,000 - $649,999	3	11	33		4
$650,000 - $699,999	0	6	39		0
$700,000 - $749,999	0	6	28		0
$750,000 - $799,999	0	0	13		0
$800,000 - $999,999	0	1	40		0
$1,000,000 - $1,999,999	0	1	19		0
$2,000,000 and over	0	0	6		0
Totals	32	175	275		311
Average Price	435.8	509.9	733.9		302.5
(In Thousands $)
Median Price	420	498.5	650		295
(In Thousands $)
	Time on Market UNITS 1-30 Days 364 31-60 Days 140 61-90 Days 94 91-120 Days 61 121-180 Days 61 More than 180 Days 69 Total Units Sold 793 Average Market Time 64				Types of Financing UNITS AITD 10 ASSM 1 CONV 554 CASH 87 FHA 113 CAL 5 LANDC 0 OTH 8 OWN 1 PRVT 3 TRUST 1 VA 6 NO FINANCING REPORTED 4 TOTAL 789

Sept. O.C. homebuying soars record 62%

October 20th, 2008, 9:38 am · 16 Comments · posted by Jon Lansner/ocregister.com

Monday's bond market has opened up sharply after this morning's stock markets are selling off again. The Dow is currently down 450 points while the Nasdaq has 100 points. The bond market is currently up 29/32, which will likely improve this morning's mortgage rates by approximately .375 of a discount point.

This morning's stock losses has pushed the Dow below the 10,000 mark for the first time since late October 2004. I appears that this trend may continue, at least for the short-term and should benefit bonds as investors seek safe-haven. Accordingly, I am shifting to a float recommendation across the board. This may change back to lock at any time, but as long as stock are moving lower we should see mortgage rates follow suit.

This week brings us only one monthly economic report for the markets to digest and it is not considered to be of high importance. This means that the week will be left mostly up to the stock markets and other influences since there is a lack of factual data for bonds to trade on. In addition to the one report, we will also get the minutes from the last FOMC meeting that can also cause movement in rates if it reveals any surprises.

The first news of the week comes tomorrow afternoon when the Fed will release the minutes to the last FOMC meeting. These may be a major mover of the markets or could be a non-factor, depending on what they say. The key will be concerns over inflation and the Fed's next move. If the Fed members were concerned about inflationary pressures, we may see the bond market move lower and mortgage rates higher tomorrow afternoon. However, if they indicate that inflation is easing and that a rate increase is not likely in the coming months, we should see the bond market rise and mortgage rates drop during afternoon trading.

For REO, bank owned listings call Gail @ 949 422-4343. Also visit my website at www.viphousesearch.com