Orange County Real Estate Turnaround

First Team Holiday Lights Winner in Yorba Linda

The winner of the First Team $5000.00 Holiday Lights contest is on Feather Grass in Yorba Linda.
Their entry in the Facebook contest won them a $5000.00 professional lighting package and $500.00 to cover the electric bill.

Corona Home Sold by Jim Salem

Corona Home Sold
Buyer Represented by Jim Salem

Beautiful Anaheim Hills Home with Pool & View

8505 E. Meadowridge St, Anaheim Hills 92808 - SOLD!
Beautiful Anaheim Hills Pool Home with View
3 Bedrooms plus Den/Loft, 2.5 Baths
Remodeled Kitchen, Master Suite with Balcony
only $678,000

Single Story Anaheim Hills Home

7933 E. Saffron Way, Anaheim Hills 92808 - SOLD!
3 Bedroom 2 Bath Single Story Home on Quiet Cul-de-Sac
Upgraded and Remodeled Throughout. Beautiful Newer Kitchen
with Zodiac Quartz Counters and Upgraded Cabinets and Appliances.
New Carpet. Merbau Wood Flooring. Upgraded Windows and Doors.
View of the Hills
only $570,000
Contact us for more details 714.694.0880 jim@jimsalem.com

Affordable Huntington Beach Condo

16428 Calle Castor Circle, Huntington Beach - SOLD!
only $300,000
2 Bedroom Remodeled and upgraded Condo near Huntington Harbor
Modern Kitchen with Granite and Stainless Appliances

Yorba Linda Home Sold by Jim Salem

Yorba Linda Home Sold
Buyer Represented by Jim Salem

Tustin Fields Home Sold by Jim Salem

Tustin Fields Home Sold
Buyer Represented by Jim Salem

List Prices Rise the Most in These Cities

8 Cities Where Asking Prices Are Soaring

DAILY REAL ESTATE NEWS | FRIDAY, OCTOBER 18, 2013

Asking prices on homes for-sale are edging higher nationwide in the past year, with prices 6.40 percent higher than year ago levels, according to realtor.com®’s September National Housing Trend Report. Nationwide, the national median list price for homes was $199,500 last month. 

Of the 146 markets that realtor.com® tracks in its report, more than 20 percent reported year-over-year over price gains of 12 percent or more. 

In some areas, asking prices have jumped even more — by 26 percent or more — in the past year. In Detroit alone, asking prices have surged 44.57 percent year-over-year. 

The following metros have seen some of the largest gains in median asking prices year-over-year:

1. Detroit: +44.57%
Median list price: $133,000

2. Stockton-Lodi, Calif.: +41.12%
Median list price: $239,900

3. Santa Barbara-Santa Maria-Lompoc, Calif.: +32.10%
Median list price: $786,000

4. Las Vegas, Nev.-Ariz.: +30.69%
Median list price: $169,900

5. Reno, Nev.: +29.63%
Median list price: $259,250

6. Sacramento, Calif.: +28.94%
Median list price: $303,000

7. Oakland, Calif.: +27.99%
Median list price: $479,950

8. Melbourne-Titusville-Palm Bay, Fla.: +26.90%
Median list price: $165,000

Anaheim Hills East Hills Community Yard Sale

We will be organizing and sponsoring the Anaheim Hills, East Hills Community Yard Sale this Saturday September 7th. 7am to Noon.
Look for signs in Anaheim Hills at Santa Ana Canyon and Weir Canyon. To participate email your address to jim@jimsalem.com. There will be lots of homes selling lots of stuff.

Yorba Linda Townhome

6671 Moselle Circle, Yorba Linda 92886 - SOLD!
3 Bedrooms Plus Main Floor Den that can be a 4th Bedroom
End Unit, New Paint, Private Patio, 2 Car Attached Garage
Only $400,000

Mission Viejo Gated Stoneridge Beauty

23171 Rockrose, Mission Viejo 92692 - SOLD!

Beautiful, Highly Upgraded Home in Private Guard Gated Stoneridge
Approx 2,700 sqft 4 Bedroom 2.5 Bath with 3 Car Tandem Garage
Beautifully Remodeled Kitchen and Baths

Remodeled Costa Mesa Townhouse

108 Brookline Lane, Costa Mesa 92626 - SOLD!
3 Bedroom 2 Full Bath 2 Story Townhouse
Beautiful New Kitchen and Flooring
Main Floor Bedroom and Bath
only $419,000

3 Real Estate Scams to Watch Out For

Though the housing recovery is trucking along, that doesn't mean real estate scams have gone away. Home owners have been duped out of an average of $4,000 to $5,000 from scams, but even five-figure losses aren't uncommon for those who have fallen prey to fake loan modifications and other housing fraud. Forbes recently highlighted three of the most common real estate scams today:

1. Rental scams: Scammers illegally pull online listing information from a home for sale and re-post it as a rental on another site, such as Craigslist. They’ll often ask for money upfront, in the form of a security deposit or broker fee, from prospective tenants. Scammers often advertise the home at a low price and collect application fees from several prospective tenants in order to hold the property for them. 

Warning signs: Be cautious of wiring money or paying any upfront fee before you’ve met the agent or signed the contract. Also, be skeptical if they can’t show you the property when you ask. 

2. Loan modification scams: Scammers may offer “fake foreclosure counseling, phony forensic loan auditing, nonexistent mass rejoinder lawsuits, bait-and-switch ploys, leaseback programs, and fraudulent ‘government’ modification programs,” Forbes reports. 

Warning signs: Be skeptical if anyone asks for money for foreclosure counseling. Foreclosure counseling is free from agencies like the U.S. Department of Housing and Urban Development. Also, always contact your lender directly to work through a modification process. Don’t allow someone to do that on your behalf. 

3. Workshop scams: An investment guru will host a get-rich-quick real estate investing seminar and have you sign up for a course that is free or low-cost. The investor may then give you actual properties to invest in if you offer up thousands of dollars in advance. They make bold promises that you’ll become a millionaire, but then nothing ever happens. Also, a form you may have signed initially to take the class may prevent you from taking legal action against the instructor to recoup your money. 

Warning signs: While not every workshop instructor is a scammer, be sure to check out the program thoroughly before signing up. Check the company’s rating with the Better Business Bureau. Also, check if it’s linked to a reputable industry association.

Source: “3 Real Estate Scams and How to Avoid Them,” Forbes.com (July 16, 2013)

Anaheim Hills 3 Bedroom Single Story

8464 E. Donnybrook Circle, Anaheim Hills 92808 - SOLD!
3 Bedroom attached House on Cul-de-Sac street
Remodeled Kitchen and Baths
Bamboo Wood Floors

Housing Markets with the Biggest Gain

California housing markets are seeing some of the highest median price gains. The following 10 markets have seen the highest year-over-year list price gains: 

1. Sacramento, Calif.: up 42.45%

• Median list price: $284,900

2. Oakland, Calif.: up 38.27%

• Median list price: $495,000

3. Detroit, Mich.: up 31.73%

• Median list price: $125,000

4. San Jose, Calif.: up 30.58%

• Median list price: $679,000

5. Los Angeles-Long Beach, Calif.: up 27.80%

• Median list price: $428,000

6. Fresno, Calif.: up 27.48%

• Median list price: $219,900

7. Phoenix-Mesa, Ariz.: up 27.03%

• Median list price: $235,000

8. Stockton-Lodi, Calif.: up 25.63%

• Median list price: $199,750

9. Reno, Nev.: up 24.23%

• Median list price: $235,900

10. Santa Barbara-Santa Maria-Lompoc, Calif.: up 24%

• Median list price: $775,000

Source: realtor.com®

Anaheim Hills Beautiful Affordable Home

8467 E. Amberwood St, Anaheim Hills 92808 - SOLD!
Two Bedrooms down and Third Loft Bedroom, 2 Baths
Beautiful Newer Kitchen and Baths
only $498,000

   

Spacious Anaheim Hills Home Sold

Anaheim Hills Home Sold

Home Buyer Represented by Jim Salem

Spacious 4 Bedroom Anaheim Hills Home

8113 E. Kennedy Rd, Anaheim Hills 92808 - SOLD!

Spacious Anaheim Hills 4 Bedroom 3 Bath Home.  Beautiful Front Door with Inlaid Glass. Newer Carpeting. Main Floor Bedroom and Bath. 3 Car Garage. Remodeled Kitchen. Newer Dual Pane Windows and New French Sliding Doors. Private Yard with Custom Venetian Parquet Patio. Huge Master Suite. Indoor Laundry. Newer Furnace and Central Air. Low Association Dues, Very Low Property Tax and No Mello Roos. Call for more information or to schedule a private showing 714.694.0880.
only $674,800

Anaheim Hills Single Story Beauty

8501 E. Meadowridge St, Anaheim Hills 92808 - SOLD!
Spacious Remodeled Single Story Home
3 Bedroom 2 Full Bath 1,600 sqft House

Remodeled and Upgraded Custom Kitchen

Spacious Family Room

Elegant Dark Stained Hardwood Floors

only $550,000

Newer Townhouse in Butterfield Ranch

17871 Shady View Dr # 102, Chino Hills 91709 - SOLD!
Spacious, Newer Townhouse in Butterfield Ranch
Built in 2010 with 1,436 sqft

Light & Open Modern Floorplan

Gourmet Kitchen with Granite Counters

Balcony with Hills View

2 Car Attached Garage

only $350,000

Anaheim Hills 2 Story Upgraded View Home

8141 E. Carnation Way, Anaheim Hills 92808 - SOLD!

Beautiful View Home, Remodeled and Ready to Move In.

3 Bedrooms 2.5 Baths and 3 Car Garage

Spacious Anaheim Hills Canyon View Beauty

1044 S. Miles Court, Anaheim Hills 92808 - SOLD!
Panoramic Canyon View Home only $798,000

Beautiful Anaheim Hills 'Canyon Ridge' Home located on
Quiet Cul-De-Sac Street with Pool-Sized Yard
2,700 SQFT with Panoramic Canyon View!  3 Car Garage
4 Bedrooms plus Downstairs Bonus Room / 5th Bedroom
Huge Kitchen with Maple Cabinets and Breakfast Bar
Spacious Master with Sitting Area and Walk-out View Balcony
Dramatic Cathedral Ceilings, Designer Interior Paint
18'Stone-like Tile Floors, Plush Carpeting
Private Gated Front Courtyard

Norco Hills View Estate on nearly 2 Acres

503 CARSON CITY WAY, NORCO 92860 -SOLD!

5 Bedroom 3 Bath 3 Car Garage 3,400 sqft home on 1.93 acres
Breathtaking, Panoramic City Lights, Hills and Mountain Views!
Beautiful Hardwood Floors, Spacious Kitchen with Granite Counters

Thank You!

I received these three messages recently from three clients;

Jim,

Thank you so much for all of the extra time and effort to get us to closing!

Jim, thanks for helping us to fulfill our dream.

Thanks, Jim for all your hard work.

I truly appreciate that my work is appreciated, and I feel lucky to be able to work with and help so many genuinely nice people through one of their biggest and most important life events.

I once had someone tell me "Jim, you have the nicest clients".

There is a lot of stress involved in the purchase or sale of a home, but I have found that open and constant communication and the anticipation of and early handling of problems leads to a much smoother and happier outcome.

I always have time to help a few more "nice people", just contact me direct at (714)694-0880 or jim@jimsalem.com.

Homes Sold by Jim Salem 2012

As we predicted in our January 2012 newsletter, 
2012 would be a turn around year.
Home prices are up 10 - 20%, 
depending on the neighborhood.
Thank you to all of our clients for allowing us to help you with the sale or purchase of your home. We appreciate your trust in our ability to provide you with the highest level of experience and professional service.

Brand New Lake Forest Home Sold

SOLD! Brand New Lake Forest Home
Home Buyer Represented by Jim Salem

Home Prices Rise when Inventory Shrinks