Tag Archives: Harrison K. Long

California Property Taxes and Proposition 13

Property tax law in California is set forth in the state constitution.  Determination of property taxes is based around Proposition 13, a 1978 voter initiative that took the power of setting the property tax rates away from state legislators.

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Hot Turtle Rock Irvine Market Needs More Home Sellers

Turtle Rock Irvine home selling market is hot with buyers. With only one detached SFR home now listed for sale (at 5 Nightstar) …  Turtle Rock Irvine has 6 detached homes now under purchase contract in “backup” and “pending” on … Continue reading

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October Surprise – Orange County CA Buyers Crush the Market

3 out of 4 Orange County CA homes listed for sale went into escrow last month during October 2012 – and many more for sale listings are needed to meet growing buyer demand. Buyers seeing value in moderated home prices … Continue reading

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Westpark Irvine Home Sellers Get Market Advantage

Irvine CA home selling is hot these days, and Westpark homes are in great buyer demand. New for sale listing – 19 TERRAZA – Meridien home with 3 bedrooms and 2.5 baths – 2137 SF interior space – prime corner lot … Continue reading

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Home Selling Power Stays Up with Record Low Mortgage Rates

  Home sellers are getting positive benefits from continued low mortgage lending rates. Home sales are up, and today’s lending standards are allowing for more qualified buyers. Mortgage rates mostly hovered near their record lows this week and fueled momentum for … Continue reading

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Buyer Demand Runs Around Home Seller Supply at Orange County CA Real Estate

Buyer demand is running around and over seller supply at Orange County CA housing – where lots of homes have been purchased by buyers, and supply of homes listed is way down. So Orange County sold prices are up – as … Continue reading

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Irvine CA Home Buying Market Surges & Needs More For Sale Listings

Irvine CA home buyers need to be prepared for competition with other buyers these days – where most homes under $1 million are getting multiple offers and some selling to cash buyers. The home buying surge continues at Irvine CA … Continue reading

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Newport Beach CA Real Estate Sales Are Up 30 Percent This Year

Newport Beach CA home sales have been up so far this year 2012 – as compared with last year 2011. 71 Newport Beach homes have sold with closed escrows so far this month – as of August 30, 2012 – with … Continue reading

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Excellent Purchase Money and Mortgage Loan Rates

Even after recent market rate upswings, purchase money and mortgage loan rates are excellent for home buyers and refinancing borrowers. Mortgage brokers here at Orange County CA on August 18, 2012, quoted the following rates on conforming loans to $417k: … Continue reading

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Hot With Buyers for Homes – Orange County CA Needs More Sellers

Orange County CA now has the fastest home reselling market time since 2006 – but the supply of homes listed for sale is at a seven-year low. OC home buyers have competition with each other now and limited choices – Number of … Continue reading

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