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Hello friends and clients:

Here are a few links for the current HB market report in the downtown area (area 15) and South HB (area 14). This includes information from March 1st 2010 through Feb. 28th  2011.

HB single family residence Downtown area: CLICK HERE

HB condo Downtown area: CLICK HERE

HB single family residence (south): CLICK HERE

For more market information for SoCal or any other questions you may have, feel free to contact me.

http://www.RealtorCurtis.com

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REALTOR® Magazine-Daily News-Future of 30-Year Mortgages at Risk?.

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https://www.facebook.com/RealtorCurtis

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Contact me when you are ready to buy or sell in O.C. or L.A. CA. I’m happy to help and I am confident I can save you money! http://www.RealtorCurtis.com

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Thinking of purchasing a home but not sure if prices are going lower?

Here are a few things to consider:

According to the Calif. Association of Realtors, the median home price in O.C. from March 2009 – 2010 is up 10.9%, O.C. condos are up 20.5%. L.A. median home price is up 11.5% for the same period.

Rates are historically low at this point in time and may not be around for long, here is a link posted today from NAR:  http://tinyurl.com/2umuw4w

Purchasing a $500,000 home at 5.75% interest rate over 30 years is a monthly payment of $2,917.86

Purchasing a $544,000 home at 5% interest rate over 30 years is a monthly payment of $2,920.31

As you can see from this scenario, purchasing the home at the lower interest rate increases your buying power by $44,000 with approximately the same monthly payment as the higher interest rate.

Take advantage of these low interest rates and invest in yourself and a new home.

I’d be happy to help you with your home search and negotiate the best possible deal for you. Feel free to contact me anytime.

Curtis Radmacher

www.RealtorCurtis.com

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Imagine that you had won the following prize in a contest:

Each morning your bank would deposit $86,400.00 in your private account for your use. However, this prize had rules, just as any game has certain rules.

The first set of rules would be:

Everything that you didn’t spend during each day would be taken away from you.
You may not simply transfer money into some other account.
You may only spend it.
Each morning upon awakening, the bank opens your account with another $86,400.00 for that day.

The second set of rules:

The bank can end the game without warning; at any time it can say, It’s over, the game is over! It can close the account and you will not receive a new one.
What would you personally do?
You would buy anything and everything you wanted, right?
Not only for yourself, but for all the people you love, right?
Even for people you don’t know, because you couldn’t possibly spend it all on yourself, right?
You would try to spend every cent, and use it all, right?

ACTUALLY, this GAME is REALITY!

Each of us is in possession of such a magical bank. We just can’t seem to see it.
The MAGICAL BANK is TIME!

Each morning we awaken to receive 86,400 seconds as a gift of life, and when we go to sleep at night, any remaining time is NOT credited to us.
What we haven’t lived up that day is forever lost.
Yesterday is forever gone.
Each morning the account is refilled, but the bank can dissolve your account at any time….WITHOUT WARNING.

SO, what will YOU do with your 86,400 seconds?
Aren’t they worth so much more than the same amount in dollars?
Think about that, and always think of this:
Enjoy every second of your life, because time races by so much quicker than you think.
So take care of yourself, and enjoy life!
Here’s wishing you a wonderfully beautiful day!!!

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Thinking of Making an Offer on a Short Sale?

Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer.

What You Need to Know:  CLICK HERE

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At the current statewide median price of $297,500 for October and mortgage rates in the five percent range, how will higher mortgage rates affect your monthly payment? What about price fluctuations? How will this trade-off impact buyer’s affordability?

For Full Story: Click Here

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The median price of a home in California experienced its first year-to-year gain in over two years during the month of November, as the California housing market continued recent trends in terms of prices, supply, and sales. California’s housing market has also led the US housing market.

For Full Story: Click Here

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Today, many of the residents of Huntington Beach feel their world famous pier has always been there and in fact, the first pier was built before Huntington Beach was even an official town.

In 1903 The Huntington Beach Company decided to build a pier at the end of Main Street. The pier was constructed completely of wood and extended out into the ocean 1000 feet. By 1909 when Huntington Beach finally incorporated the pier had already become a familiar sight to the citizens of the area.

In the winter of 1912, the first, of several, damaging storms to strike the pier wrecked havoc on the wooden structure, knocking a large portion of it into the Pacific Ocean. But the residents of the growing community were not overly concerned because coincidentally the city council, at the time, was considering a measure to rebuilt the pier. By a popular vote, a $70,000 bond was approved and construction on the new pier began. This time the pier would be built out of concrete and extended to a length of 1350 feet.

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