Ladera Ranch, CA

Ladera Ranch (Detached Single Family Residences)

1. Median Price / Dec-09: $750,000.00
2. % Change In Price From Prior Month: -6.0%
3. % Change In Price From Prior Year: 0.1%
4. Total Number Of Units Sold: 35
5. % Change In Sales From Prior Month: 52.2%
6. % Change In Sales From Prior Year: 169.2%

Orange County (Detached Single Family Residences)

1. Median Price / Dec-09: $533,250.00
2. % Change In Price From Prior Month: 1.5%
3. % Change In Price From Prior Year: 18.8%
4. Total Number Of Units Sold: 1,430
5. % Change In Sales From Prior Month: 2.6%
6. % Change In Sales From Prior Year: 3.3%

The good news for sellers in Ladera Ranch is that the volume of sales (month to month & year to year) is increasing dramatically which will likely reduce the overabundance of inventory and reduce competition. The bad news for sellers is that there was a fairly significant reduction in median price (month to month) of -6.0%.

Increasingly, homeowners in Ladera Ranch are finding themselves in a negative equity position. If you don't need to sell... then I would not recommend selling your Ladera Ranch home at this point in time. (See, not all of us are only concerned with our listing commission!) Unfortunately you may need to sell in this market due to unforeseen circumstances, relocation, or financial hardship. We specialize in short sales and have a proven track record of protecting our clients interests throughout the transaction. You need an agent that has experience in the following areas when short selling a home:

Obtaining Lowest Settlement Values

Escalating Lingering Short Sales To Higher Authority At The Bank

Refuting The Lenders Incorrect/Inflated Assertions of Market Value Effectively

Eliminating Prom Notes & Deficiency Judgments

For More Information Please Contact Me:

Dave Gubler / IML Short Sale

(949)218-0952

www.IMLShortSale.com

dgubler@imlrealestate.com

Ladera Ranch, CA/December 28, 2009- We have just received another short sale approval on a package submitted to the bank less than 2 weeks ago. For more information on working with an Orange County Short Sale Realtor, call us at 949-267-9999.

Find us on Linkedin.

Ladera Ranch, CA/December 27, 2009

C.A.R. Vice President and Chief Economist Leslie-Appleton-Young recently stated that the statewide median price from most regions hit its lowest point during the first half of '09. She added that California remains ahead of the nation in market recovery.

This is great news as we move into the New Year. So, if you have been waiting to buy, go forward with confidence that we are in the middle of a shift.

Orange County Short Sales and foreclosures are still prevalent and more shadow inventory will be coming soon. Call us, Jane & doug Lippman, if you need to begin a loan approval process so you are ready to go when you find the right home. 949-267-9999.

Ladera Ranch, CA/December 26, 2009 - Reaching out to say Happy New Year to all of my blog readers. 2009 is behind with hope for a better 2010. May everyone reading this have great renewal in the New Year. Jane and Doug Lippman

Successful Ladera Ranch short sale!!!

This was an investment property that my client bought 5 years ago. He refinanced the condo and cashed out 2 times prior to short selling the condo.

He owed the 1st mortgage $ 530,000 and the 2nd mortgage $ 200,000

Property sold in approx 10 days for 349k

Short sale approval for both banks took 7 weeks.

The original buyer cancelled escrow and then we received a new offer for 337k.

The bank did accept the new offer. That process took approx 7 days for the new approval.

1st lender accepted $ 307,000

2nd lender accepted $ 3,000

The bank paid all past due taxes, hoa fees, escrow, title and commissions.

This seller received a full settlement.

Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division.

www.orangecountyshortsalerealtor.com for more info.

List with an experienced Orange County Short Sale Realtor.

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