Buying a new home in Costa Mesa California Real Estate? Get The Jump On The Market!

Buying a new home in Costa Mesa California is all about making the best decisions, and you can only make the best decision when you have all the best information available.
Start browsing the real estate market in your town now, maybe even before you talk to a real estate agent or for sale by owner seller.
Our website at www.teamweichman.com is a fantastic resource for local listings, as well as school and community information, and a wealth of other useful information. In addition to visiting our website often, here are some other things you can do to help your search:
If you're thinking about buying, please call or email us any time. Our services don't cost you any thing, and we guarantee that you will like the result.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market. Lic #00573423
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(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423
• Down payment assistance* (currently in the form of a grant)
• For the purchase of primary residences in California
• New or existing properties are eligible
• Program is NOT limited to first-time homebuyers Thousands of people each year dream of becoming homeowners. The CHF Platinum Program may help that dream become a reality. This homebuyer assistance program currently provides low-to-moderate income families and individuals with a Gran tthat does not have to be re-paid. Many times this allows them to purchase a home much sooner than they thought possible.*
The Program is available for the purchase of an owner-occupied singlefamily residence, approved condominium or planned unit development located in the state of California.
The Grant made possible through the Program can be used towards the homebuyer’s down payment and/or closing costs on a 30-year fixed rate fully amortized FHA, VA or USDA mortgage.
The Program is available for purchases of both new and existing homes and is NOT limited to first-time homebuyers.
*Certain restrictions apply on all programs.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CAfor the latest news and information on the Costa Mesa real estate market. Lic #00573423
View all available foreclosures instantly
Search Short Sale Homes in your area
![]()
(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423

December Pending Home Sales Index for The State Of California Real Estate!
California pending home sales lower in December; distressed sales rise as lenders push through more REOs, short sales, C.A.R. reports
LOS ANGELES (Jan. 24) – The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was higher than a year ago for the eighth straight month, a trend that bodes well for the start of the spring home-buying season. C.A.R. also reported that sales of distressed properties increased in December, as lenders pushed to close REOs and short sales to move them off their balance sheets before the end of the year.
Pending home sales:
C.A.R.’s Pending Home Sales Index (PHSI)* fell from a revised 108.7 in November to 91.6 in December, based on signed contracts. The index was up from the revised 82.5 recorded in December 2010, marking the eighth consecutive month that pending sales rose from the previous year. The decline follows a normal seasonal drop that usually occurs in November and December. Pending home sales are forward-looking indicators of future home sales activity, providing information on the future direction of the market.
Distressed housing market data:
Multimedia:
View a video of C.A.R. Chief Economist Leslie Appleton-Young discussing highlights of the December existing home sales and price report, which was released Jan. 17.
View a chart of closed housing sales by sales type.
View a chart of pending sales compared with closed sales.
View a chart of the historical trend in the share of equity sales compared with distressed sales.View a chart of housing supply for REOs, short sales, and equity sales.
Share of Distressed Sales to Total Sales
(Single-family)
| Type of Sale | Dec. 2010 | Nov. 2011 | Dec. 2011 |
| REOs | 28.30% | 23.50% | 24.60% |
| Short Sales | 19.60% | 21.00% | 22.20% |
| Other Distressed Sales (Not Specified) |
0.40% | 0.50% | 0.50% |
| Total Distressed Sales | 48.30% | 44.90% | 47.30% |
Single-family Distressed Home Sales by Select Counties
(Percent of total sales)
| County | Dec. 2010 | Nov. 2011 | Dec. 2011 |
| Amador | 71% | 44% | 48% |
| Butte | 39% | 36% | 51% |
| Humboldt | 27% | 28% | 29% |
| Kern | 71% | 60% | 64% |
| Lake | 81% | 58% | 63% |
| Los Angeles | 48% | 46% | 49% |
| Madera | 60% | 88% | 80% |
| Marin | 34% | 30% | 37% |
| Mendocino | 57% | 52% | 45% |
| Merced | 60% | 64% | 64% |
| Monterey | 65% | 59% | 56% |
| Napa | 54% | 53% | 49% |
| Orange | 38% | 36% | 42% |
| Riverside | 67% | 61% | 63% |
| Sacramento | 66% | 63% | 63% |
| San Benito | 66% | 65% | 75% |
| San Bernardino | 72% | 64% | 67% |
| San Diego | 28% | 27% | 28% |
| San Luis Obispo | 46% | 44% | 48% |
| San Mateo | 28% | 28% | 28% |
| Santa Clara | 39% | 32% | 37% |
| Santa Cruz | 40% | 46% | 41% |
| Siskiyou | 44% | 33% | 54% |
| Solano | 74% | 72% | 70% |
| Sonoma | 55% | 51% | 51% |
| Tehama | 84% | 54% | 54% |
| California | 48% | 45% | 47% |
**Note: C.A.R.’s pending sales information is generated from a survey of more than 70 associations of REALTORS® and MLSs throughout the state. Pending home sales are forward-looking indicators of future home sales activity, offering solid information on future changes in the direction of the market. A sale is listed as pending after a seller has accepted a sales contract on a property. The majority of pending home sales usually becomes closed sales transactions one to two months later. The year 2008 was used as the benchmark for the Pending Homes Sales Index. An index of 100 is equal to the average level of contract activity during 2008.
Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CAfor the latest news and information on the Costa Mesa real estate market. Lic #00573423
View all available foreclosures instantly
Search Short Sale Homes in your area
![]()
(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423
Most Popular Names Chosen In 2011 By Orange County Residents
Jacob and Sophia were the most popular names chosen by new parents in Orange County in 2011— for the second year in a row. New boy names making the list were Jayden (4th) and Dylan (10th), and Andrew (7th) returned after being absent from 2010’s Top 10 roll-call. Other popular boy names were Matthew, Daniel, Ethan, Nathan, Anthony and Alexander. Popular girl names included Isabella, Emma, Olivia, Mia, Emily, Samantha, Ava and Chloe. Victoria rounded out the girl names. The list was compiled from 46,000 births. For more information, visit www.ocrecorder.com.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CAfor the latest news and information on the Costa Mesa real estate market. Lic #00573423
View all available foreclosures instantly
Search Short Sale Homes in your area
![]()
(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423

GET ANNUAL FREE CREDIT CHECK
It never hurts to keep an eye on your credit report. Your financial credit score can help you now or down the road whether you are buying a car or a home or renting.
Go to http://annualcreditreport.com and get your free credit report. While there, get a credit report for your minor children. They have a Social Security Number and agencies are finding identity theft on children. If you want to buy a credit score, go to Trans Union or Equifax. Costs about $15.00 and would be informative. Stay away from freecreditreport.com. They are the largest seller of personal information of any URL in the US of A.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CAfor the latest news and information on the Costa Mesa real estate market. Lic #00573423
View all available foreclosures instantly
Search Short Sale Homes in your area
![]()
(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
DRE Lic. 00573423
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