Mission Viejo, CA

January 2012 Market Update, Mission Viejo, Lake Forest, Rancho Santa Margarita CA

Homes for Sale Cleck Here!

January 2012, Mission Viejo, Lake Forest, Rancho Santa Margarita CA

Homes for Sale Cleck Here!

Mission Viejo Homes and Condos Market Update November and December 2011

This is the market update for homes sold from January1st through January 31st, 2012, in Mission Viejo, CA 92691, 92692 and includes single family residence (SFR) and condos:

Information provided through the CRMLS

The City of Mission Viejo is located in so-called "South Orange County" and has a population of approximately 94,000 people. It is a small community of only about 18 square miles with a topography that consists of flat land, rolling hills and the wonderful, man-made Lake Mission Viejo.

A mixture of housing, light industrial, commercial and retail bring a variety of choices to the residents. Shopping, entertainment, restaurants, recreation and schools dot the landscape. The city is served by the Capistrano Unified School District and the Saddleback Unified School District which provides education services to families living in this area.

Being one of the first planned communities in the USA, there is a diverse mixture of housing choices from apartments and condos to town homes, single family homes and even some luxury neighborhoods including water front homes on the lake. The roads are wide and smooth and the traffic flows easily through the community. Public transportation is available with buses and access to commuter rail lines. The Interstate highway, along the western border of the city provides access to all that Southern California has to offer. It's just minutes to professional baseball (Angels), hockey (Ducks) and the happiest place on earth, Disneyland.

If you are shopping for an FHA Loan for Mission Viejo, CA let over 19 years of experience work for you.

Experience AND new ideas count when helping you close your FHA Home Loan in Mission Viejo CA. For your next home purchase or refinance consider Kevin Kueneke.

Kevin has closed over 2,500 closed loans in just over 19 years of experience, certified continuing education trainer teaching Realtors and Lenders about FHA and VA loans, and a proven track record of excellent customer service.

Your FHA home loan mortgage professional needs to be backed by one of the nations most well respected mortgage banking firms, AmeriFirst Financial. With a combination of years of experience, plenty of proof handling tough situations under pressure, and the finest company in the country you get a dream team working for you.

For your best rate, lowest costs and guaranteed closing times call on Mission Viejo, CA's most reliable team for getting your FHA Home Loan for Mission Viejo, CA.

REMEMBER: FHA HOME LOANS IN MISSION VIEJO AVAILABLE FINANCING UP TO LOAN AMOUNTS OF $729,750. INQUIRE WITHIN!

FHA STREAMLINE REFINANCE AVAILABLE WITH NO INCOME DOCUMENTATION AND NO APPRAISAL!

Mission Viejo FHA Loans, Orange County CA

90 Percent Of Orange County Home Prices Moved Down

It is sad to see that the Orange County has suffered with 90 percent of the home have lost value when their prices have moved down. Data Quick 2010 and 2011 calender years our median price of $480,000 is down 6 percent. It is even worse news for condo owners with an 8 percent drop.

Only two zip codes had a positive up turn in both price and number of sales in the year 2011 and that was Newport Beach 92662 and Orange 92869.

The numbers are sad that we have lost 34 percent of the value since 2007.

When someone tells you the market is getting better I ask where and how that is happening.

Mision Viejo Realtor Tim Lorenz, Area Market Report 2/12/2012

This weeks market report for Mission Viejo and surrounding areas from Mission Viejo Realtor shows that Orange County Median Prices for the resale homes were down 5.3 percent, for new homes it is up 16.4 percent and for resale condos down 5.8 percent. The sales volume is down for resale homes 5.7 percent and down 5.7 percent on condos and down 28.1 percent for new homes.

• Mission Viejo Zip Code 92691 sales prices are down 4.7 percent and the sales volume is up 62.1 percent.
• Mission Viejo Zip Code 92692 sales prices are down 7.2 percent and the sales volume is down 25.8 percent.
• Aliso Viejo sales prices are down 18.7 percent and the sales volume is down 19.7 percent.
• Laguna Niguel sales prices are down 0.9 percent and the sales volume is down 3.1 percent.
• Rancho Santa Margarita sales prices are down 14.3 percent and the sales volume is down 5.6 percent.
• San Clemente Zip Code 92672 sales prices are down 19.5 percent and the sales volume is down 25.0 percent.
• San Clemente Zip Code 92673 sales prices are up 9.1 percent and the sales volume is down 22.5 percent.

The last 3 weeks has been a roller coster ride.