Victor Valley's Latest Real Estate News & Information
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Fountain Valley homebuying: Why sellers got more than they asked for

Fountain Valley homebuying in October saw local buyers pay the most above list price in Orange County.

That’s from highlights of ReportsOnHousing house-hunting data for resales of existing detached and attached residences in the community.

This analysis includes October trends based on closed sales: sale counts; average price vs. average list price; highest and lowest price paid in the month; average cost per square foot and average size; plus, based on broker listing networks stats on Nov. 30, the “market time” metric comparing supply of listings to new escrows opened in past 30 days.

Trends we saw in Fountain Valley …

1. Sales:

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Original Article: http://www.ocregister.com/2017/12/14/fountain-valley-homebuying-why-sellers-got-more-than-they-asked-for/
Date: 1513263735

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Disney buying big chunk of 21st Century Fox in $52.4 billion deal

In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4 billion deal, announced Thursday, Dec. 14, 2017. (AP Photo/Richard Drew, File)
In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney is buying a large part of the Murdoch family’s 21st

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Original Article: http://www.ocregister.com/2017/12/14/disney-buying-big-chunk-of-21st-century-fox-in-52-4-billion-deal/
Date: 1513263600

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Aliso Viejo homebuying: 6 reasons why it was steamy in October

Here are Aliso Viejo highlights of ReportsOnHousing house-hunting data for resales of existing detached and attached residences in the community.

This analysis includes October trends based on closed sales: sale counts; average price vs. average list price; highest and lowest price paid in the month; average cost per square foot and average size; plus, based on broker listing networks stats on Nov. 30, the “market time” metric comparing supply of listings to new escrows opened in past 30 days.

Trends we saw in Aliso Viejo …

1. Sales: 74 sold vs. 67 a year ago.

2. Average sales price: $645,574 that ranked

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Original Article: http://www.ocregister.com/2017/12/12/aliso-viejo-homebuying-6-reasons-why-it-was-steamy-in-october/
Date: 1513089691

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Newport Beach housing: O.C.’s 6 priciest ZIPs! Where’s No. 1?

Homebuying in Newport Beach in the third quarter managed to keep pace with countywide sales activity even though the city is home to Orange County’s six priciest ZIP codes.

Using CoreLogic data, we compared sales patterns for all residences in the July-to-September period vs. a year ago. Sales in Newport Beach rose as 433 residences were purchased this year vs. 424 a year ago. That’s a gain of 2.1 percent vs. an increase of 2.2 percent countywide.

Neighborhood trends in Newport Beach for the summer quarter from CoreLogic’s report, ranked by median sales price:

Newport Beach ZIP 92662, Orange County’s priciest: 10 homes

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Original Article: http://www.ocregister.com/2017/12/08/newport-beach-housing-o-c-s-6-priciest-zips-wheres-no-1/
Date: 1512741695

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What bums out employees at Orange County’s top workplaces

Dear Orange County CEO:

I hope 2017 is wrapping up for you and your company in a profitable manner. While you’re putting the final touches on next year’s budget, let me share a slice of wisdom from the worker bees performing the daily miracle at Orange County’s top workplaces, as selected by the staffing gurus at Energage.

Part of the analysis done to choose the Top Workplaces 2017 winners is a survey of employees on various workplace issues. Please note, the approval ratings for the 21 questions that have been consistently asked since 2014 are positive again this year. But these

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Original Article: http://www.ocregister.com/2017/12/08/what-bums-out-employees-at-orange-countys-top-workplaces/
Date: 1512741653

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U.S. employers add 228,000 jobs, unemployment rate stays 4.1 pct.

By CHRISTOPHER RUGABER

WASHINGTON — U.S. employers added a robust 228,000 jobs in November, a sign of the job market’s enduring strength in its ninth year of economic recovery.

The Labor Department says the unemployment rate remained at a 17-year low of 4.1 percent.

The economy is expanding at a healthy pace, and in many cases employers are scrambling to hire enough qualified workers. Over the past six months, growth has exceeded an annual rate of 3 percent, the first time that’s happened since 2014. Consumer confidence has reached its highest level since 2000.

Healthy hiring and a low unemployment rate have yet

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Original Article: http://www.ocregister.com/2017/12/08/solid-hiring-may-have-further-cut-us-jobless-rate-last-month/
Date: 1512741450

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Report shows how the fed tax plan will affect California economy

California’s economy is slowing as a result of tight labor markets and a limited supply of housing, and the tax proposals Congress is considering could slow the region’s momentum even more.

That’s the upshot of the latest UCLA Anderson Forecast , released Wednesday.

A damper on housing

UCLA Anderson Forecast Director Jerry Nickelsburg said the proposed tax law could dampen the housing market, which would blunt the state’s economic growth.

“As of the time of this writing, tax-exempt municipal bonds for the purpose of constructing affordable units are poised to lose their tax exemption,” Nickelsburg said in the report, adding that there is also a proposal to

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Original Article: http://www.ocregister.com/2017/12/06/report-shows-how-the-fed-tax-plan-will-affect-california-economy/
Date: 1512568021

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Buying frenzy? Irvine home sales jump 29% in a year

Homebuying in Irvine in the third quarter vastly outpaced countywide sales activity.

Using CoreLogic data, we compared recent sales patterns for all residences vs. results the year-ago period. Sales in Irvine sales rose as 1,399 residences were purchased this year vs. 1,082 a year ago. That’s a gain of 29.3 percent vs. an increase of 2.2 percent countywide.

Neighborhood trends in Irvine …

Irvine ZIP code 92602 — 125 homes sold in the period vs. 110 a year ago. That’s a sales gain of 13.6 percent. Median selling price of $1,039,000 vs. $829,872 a year ago, a gain of 25.2 percent.

Irvine ZIP

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Original Article: http://www.ocregister.com/2017/11/30/buying-frenzy-irvine-home-sales-jump-29-in-a-year/
Date: 1512045617

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Mild summer for Huntington Beach homebuying: 13 things to know

It was a mild summer for homebuying in Huntington Beach, though median sale prices were up in all four ZIP codes.

Using CoreLogic data, we compared sales patterns for all residences in the July-to-September period vs. a year ago. Here’s 13 things we learned …

1. Sales in Huntington Beach rose as 613 residences were purchased this year vs. 596 a year ago. That’s a gain of 2.8 percent vs. an increase of 2.2 percent countywide.

Neighborhood trends in Huntington Beach …

2. ZIP code 92646 — 208 homes sold vs. 186 a year ago. That’s a sales gain of 11.8 percent.

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Original Article: http://www.ocregister.com/2017/11/29/mild-summer-for-huntington-beach-homebuying-13-things-to-know/
Date: 1511958625

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Orange County’s most affordable housing? This summer, it was a ZIP in Santa Ana!

Santa Ana homebuying inched up from summer 2016 as the city was home to the most-affordable ZIP code in Orange County.

Using CoreLogic data, we compared sales patterns for all residences in the July-to-September period vs. a year ago. Sales in Santa Ana rose as 523 residences were purchased this year vs. 512 a year ago. That’s a gain of 2.1 percent vs. an increase of 2.2 percent countywide.

Neighborhood trends in Santa Ana for the summer quarter from CoreLogic’s report:

Santa Ana ZIP code 92701 — 62 homes sold vs. 54 a year ago. That’s a sales gain of

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Original Article: http://www.ocregister.com/2017/11/28/orange-countys-most-affordable-housing-this-summer-it-was-a-zip-in-santa-ana/
Date: 1511871466

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