Mission Viejo, CA

• Mission Viejo Zip Code 92691 sales prices are domn 9.1 percent and the sales volume is up 4.2 percent.
• Mission Viejo Zip Code 92692 sales prices are down 9.1 percent and the sales volume is up 18.4 percent.
• Aliso Viejo sales prices are down 9.7 percent and the sales volume is up 6.5 percent.
• Laguna Niguel sales prices are down 9.6 percent and the sales volume is up 27.4 percent.
• Rancho Santa Margarita sales prices are down 13.1 percent and the sales volume is up 43.5 percent.
• San Clemente Zip Code 92672 sales prices are down 18.3 percent and the sales volume is up 43.5 percent.
• San Clemente Zip Code 92673 sales prices are down 15.3 percent and the sales volume is up 7.1 percent.

This weeks market report for Mission Viejo and surrounding areas shows that Orange County Median Prices for the resale homes were up 17.6 percent, for new homes it is up 27.4 percent and for resale condos up 13.7 percent. The sales volume is up for resale homes 8.0 percent and up 14.3 percent on condos and down 3.2 percent for new homes.

• Mission Viejo Zip Code 92691 sales prices are up 5.4 percent and the sales volume is up 24.4 percent.
• Mission Viejo Zip Code 92692 sales prices are even 0.0 percent and the sales volume is up 13.5 percent.
• Aliso Viejo sales prices are down 11.7 percent and the sales volume is up 44.8 percent.
• Laguna Niguel sales prices are up 12.7 percent and the sales volume is up 25.5 percent.
• Rancho Santa Margarita sales prices are up 18.7 percent and the sales volume is down 20.5 percent.
• San Clemente Zip Code 92672 sales prices are up 4.1 percent and the sales volume is up 47.6 percent.
• San Clemente Zip Code 92673 sales prices are down 2.3 percent and the sales volume is up 25.8 percent

Casta del Sol, Mission Viejo'sBaby Boomers club February party is called "My Funny Valentine". It is being held on Saturday Feb 13th at 6PM in the Vista Room. Everyone is to bring either a main dish, a side dish, salad or dessert for our famous potluck. Sign up at the office to let us know which dish you would like to bring. The club will furnish wine, coffee and tea. We will have a drawing for prizes 2/ diner for 2 and a movie and 2/ movies for 2. Cost is $3 for members and $6 for guests. Please make sure to sign up before February 10th at 5:00pm. Any questions call me 949.939.1300

We are having a Birthday Party in March. The Baby Boomer Club Casta del Sol Mission Viejo,will be 5 years old and we want to celebrate. Come join us for the "Be Bop Baby Boomer's Birthday Bash" on March 4th at 6:30 in the Vista Room. We will be serving sandwich's catered by Jen Katzen. along with cake and ice cream and some surprises. It is a BYOB but coffee and tea will be available. Cost is $5 for members and $8 for guests. After our meeting we will have a Baby Boomer's trivia contest with prizes.

"ROCK ON BOOMERS"

I want to say thank you to HSBO for a fast approval. You hear so many bad remarks about the banks but they have been great.

I sent in an offer with the packet for a short sale on a Sunday afternoon, got a call Monday night 7:45 and had the BPO done Wednesday morning. The next Monday, they called to tell me the file had gone to approval department and I would know in 2 weeks. I called the the Friday before they said to and they had it done. A total of 3 weeks and we are good to go.

Here is some other information that I didn't know about, Bank of America is working with Equator.com to get their approval of short sales done faster. The home owner has to ask to be put in the program and then most of it is done on line. You can see what papers have been sent in and what they need to be done. I am just getting started with it, but what I have seen, has impressed me.

There has been a decrease in the remodels in Orange County. As a mater of record the decrease for remodels in Orange County is not just a small amount it is a 9 year low.

If we understand what that means we have fewer subcontractor working. Orange County has always had a lot of building going on and remodels are a constant. Something has changed. It has to do with the economy.

Our area is being hit by lowering home prices and foreclosures, as well as, layoffs. Our unemployment rates are very high. Let us all hope that something will cause this to turn around.

One positive point is the Irvine is developing tract of homes and they are selling them very quickly. Those tracts will help some of the out of work trades people and help some of the subcontractors.

If you are thinking of a move contact me.