Tuesday, April 26, 2011

Granada Hills Demographics, Schools, Home Values, Income, Population and More



Recent Home Value Results According To Zillow

$963K - 11586 Rancho Del Valle Granada Hills, CA 91344

$588K - 12401 Littler Pl Granada Hills, CA 91344

$457K - 17100 Signature Dr Granada Hills, CA 91344

$457K - 17100 Signature Dr Granada Hills, CA 91344

$403K - 10435 Wish Ave Granada Hills, CA 91344

$369K - 10857 Blucher Ave Granada Hills, CA 91344

$369K - 11248 Balboa Blvd Granada Hills, CA 91344

$361K - 15806 Los Alimos St Granada Hills, CA 91344

$355K - 16421 Index St Granada Hills, CA 91344

$345K - 15650 Horace St San Fernando, CA 91344


Granada Hills Demographics

Total Population: 48,863

White Population: 32,238

Black Population: 1,764

Hispanic Population: 9,985

Asian Population: 7,980

Hawaiian Population: 45

Indian Population: 227

Male Population: 23,943

Female Population: 24,920

Median Age: 37.80

Median Age of Males: 37.0

Median Age of Females: 38.6


All Schools in Granada Hills 91344

Elementary Schools

Danube Avenue Elementary
11220 Danube Ave. Granada Hills, CA 91344 (818) 366-6463

El Oro Way Elementary
12230 El Oro Way Granada Hills, CA 91344 (818) 360-2288

Granada Elementary
17170 Tribune St. Granada Hills, CA 91344 (818) 363-3188

Haskell Elementary
15850 Tulsa St. Granada Hills, CA 91344 (818) 366-6431

Knollwood Elementary
11822 Gerald Ave. Granada Hills, CA 91344 (818) 363-9558

Tulsa Street Elementary
10900 Hayvenhurst Ave. Granada Hills, CA 91344 (818) 363-5061

Van Gogh Street Elementary
17160 Van Gogh St. Granada Hills, CA 91344 (818) 360-2141

Middle Schools

George K. Porter Middle
15960 Kingsbury St. Granada Hills, CA 91344 (818) 891-1807

Patrick Henry Middle
17340 San Jose St. Granada Hills, CA 91344 (818) 363-7401

Robert Frost Middle
12314 Bradford Pl. Granada Hills, CA 91344 (818) 360-2146

High Schools

Granada Hills Charter High
10535 Zelzah Ave. Granada Hills, CA 91344 (818) 360-2361

Jane Addams Continuation
16341 Donmetz St. Granada Hills, CA 91344 (818) 360-5244

John F. Kennedy High
11254 Gothic Ave. Granada Hills, CA 91344 (818) 363-6794

Other Schools

North Valley Charter Academy
16551 Rinaldi St. Granada Hills, CA 91344 (818) 368-1557

The Economics

Average House Value: $238,100

Average Annual Household Income: $78,213

Businesses: 904

Employees: 7,593

Annual Payroll: $187,266,000

The Politics

Congressional District: 27, 25

Congressional District Land Area: 150.0, 21484.0

Sr Senator: Barbara Boxer (D)

Jr Senator: Dianne Feinstein (D)

US House Representative: Brad Sherman (D)


Alberto Pacheco
Real Estate Consultant
http://www.stoppayingrentinla.com/ Granada Hills Real Estate
htttp://www.losangelescountyrealestate.blogspot.com



Become The Best Of You When You Think At a High Level

The Key To Become

Your Very Best Is To Think

At

A Very High Level





Friday, April 22, 2011

Did Jesus Christ Died For Your Sins?

More Than 2000 Years Ago

JESUS CHRIST

Died On The Cross To Pay For My Sins

As Well As

For Yours When You Accept Him as Your Saviour



Friday, April 15, 2011

New Bill To Speed Up The Short Sale Process

A new bill to improve the process for approving short sales may soon bring relief to distressed homeowners who are unable to keep their homes and hope to avoid foreclosure. The bill, recently introduced in the U.S. House and strongly supported by the National Association of REALTORS®, would impose a deadline of 45 days on lenders to respond to short sale requests.


The legislation, the “Prompt Decision for Qualification for Short Sale Act of 2011,” was offered in Congress by U.S. Reps. Tom Rooney (R-Fla.) and Robert Andrews (D-N.J.).

“The current short sale process can be time-consuming and inefficient, and many would-be buyers end up walking away from a sale that could have saved a homeowner from foreclosure,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I.

“REALTORS® and consumers continue to raise issues about delays in the short sale process, because lenders are unable to decide whether to approve a short sale. After many months of delays, and with no response from lenders, potential buyers are losing patience and cancelling their contracts, often resulting in the property entering foreclosure. A short sale minimizes the negative impact on sellers and generally costs the lender less than a foreclosure,” said Phipps.

NAR has been actively pushing the lending industry to improve the process for approving short sales, which represent about 13% of recent home sales, according to NAR data. Phipps praised Reps. Rooney and Andrews for their efforts on the bill and urged Congress to pass the bill quickly.

“As the leading advocate for homeownership and housing issues, REALTORS® want to help more homeowners avoid foreclosure by facilitating a short sale when a family is absolutely unable to keep their home; however, that can only happen if lenders and servicers approve short sale offers in a reasonable amount of time,” said Phipps. “Streamlining short sales transactions will reduce the amount of time it takes to sell the property, improve the likelihood that the transaction will close and reduce the overall number of foreclosures. This benefits sellers, lenders, buyers and the entire community.”

For more information, visit http://www.realtor.org./


Search Homes Freely On This Website



Friday, April 08, 2011

Fha Mortgage Insurance Premium To Rise on April 18, 2011

FHA Mortgage Insurance Premium to Rise


Leave a Comment It is about to get more expensive for people to get an FHA loan.  Back in February, HUD announced that starting April 18, when you get an FHA loan, you can expect your monthly mortgage payment to be slightly higher thanks to higher Mortgage Insurance Premiums required by HUD.

FHA Mortgage Insurance Premium: Required on All FHA Loans When you get an FHA loan, there are two types of mortgage insurance that is required to be paid by the borrower:

■Up Front Mortgage Insurance Premium (also known as UFMIP)

■Monthly Mortgage Insurance Premium (also knowns as MI or MIP)

The change to FHA mortgage insurance starting on April 18 is a change to the monthly mortgage insurance premium, or MIP. Technically, the monthly mortgage premium is calculated as an annual amount and then paid monthly — but it is often referred to as a monthly mortgage insurance premium.

How much of a change will there be starting April 18? It depends on your loan term and how much money you are putting down (which will determine your loan-to-value ratio). Here is a simple breakdown:

■15-year loans with over 90% loan-to-value = 0.50% (up from 0.25)

■15-year loans with under 90% loan-to-value = 0.25% (up from 0)

■30-year loans with over 95% loan-to-value = 1.15% (up from .90)

■30-year loans with under 95% loan-to-value = 1.10% (up from .85)

FHA MIP Rising: How Much More Expensive?

In terms of monthly mortgage payments, how much more will these changes cost the average consumer? 
Here is what someone with an FHA loan would pay if they got their loan prior to the change assuming a $200,000 loan amount with a 30-year loan and 3.5% down payment:

200,000 x .90% = $1,800 annually or $150 paid in FHA MIP each month.

And here is what they look like after the April 18, 2011 change:

200,000 x 1.10% = $2,200 annually or $183.33 paid in FHA MIP each month.

Total difference in monthly payment due to the increase in FHA MIP?   $33.33  Same FHA loan. Same FHA fixed rate. Same 30-year loan term. Same FHA lender.  Just more expensive.



Justin McHood works for Academy Mortgage and is based in Chandler, AZ.

Wednesday, April 06, 2011

Burbank Probate and Foreclosed Homes

Probates

2121 N Evergreen St 3BR 1BA 1048 sqft Home 6000 sqft Lot,Priced $ 387,000
445 N Orchard Drive 3BR 2BA 1380 sqft Home, 6750 sqft Lot,Priced $ 429,000

Foreclosures

1819 N Brighton St 4BR,3BA, 3101 sqft Home, 7250 sqft Lot, Priced $ 534,900
333 Victory CT 6BR,5BA, 2867 sqft Home, 5500 sqft Lot, Priced $ 567,900

This homes are available, if you are interested on any one of them, just send me an email to: gapm@juno.com or call me at: 818 481 9211.


Tuesday, April 05, 2011

Banks Commited Mortgage Fraud on Many Mortgage Loans

Do you know who really owns your mortgage?


As Scott Pelley reports on “60 Minutes” this week, that question has become a nightmare for many homeowners since the invention of mortgage-backed securities. Yes, those were the exotic investments that sparked the financial collapse in this country. And the’re still causing problems.

As it turns out, Wall Street cut corners when it bundled homeowners’ mortgages into securities that were traded from investor to investor. Now that banks are foreclosing on people, they’re finding that the legal documents behind many mortgages are missing. So, what do the banks do? As Pelley explains in this video, some companies appear to be resorting to forgery and phony paperwork in what looks like a nationwide epidemic.

Even if you’re not at risk of foreclosure, there could be legal ramifications for a homeowner if the chain of title has been lost. Watch the “60 Minutes” report and listen to Pelley’s discussion with “60 Minutes Overtime” editor Ann Silvio about the findings of his reporting team.

This is a short video that discusses the problem. Watch the entire video here:

 

Monday, April 04, 2011

Spring Real Estate Market Conditions

Optimism about the housing market isn't quite sweeping the nation, but Americans remain sold on the value of home ownership at a good time to be bullish about buying a home. With home sales and prices still falling, the spring could shape up as an opportune time to make a deal.

The housing downturn hasn't shaken consumers' resolve to consider home ownership an integral part of an American Dream, even among home owners with homes that have lost value. The eighth quarterly "Allstate-National Journal Heartland Monitor Poll: The American Dream" revealed that nearly nine out of 10 homeowners say they would buy their same homes again.

Among those with homes with lost value, the same percentage said they would buy their home again. Also, seven of 10 Americans say they would advise a friend or family member to buy a home as a long-term asset.  The spring could be a good time to take that advice.

Existing-home sales, completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 9.6 percent to a seasonally adjusted annual rate of 4.88 million in February from 5.40 million in January. February 2010 sales were 2.8 percent below the pace in February 2010, according to the National Association of Realtors (NAR).

The slow sales pushed the median price down to $156,100, the lowest level since February 2002, setting the stage for spring bargains.   Some experts say the housing market is years away from a full blown recovery and the home buyer tax credit is kaput. However, improvements in employment and manufacturing and other economic sectors, bargain home prices and affordable interest rates could light a fire under buyers who've been sitting on the fence.

"Housing affordability conditions have been at record levels and the economy has been improving, but home sales are being constrained by the twin problems of unnecessarily tight credit, and a measurable level of contract cancellations from some appraisals not supporting prices negotiated between buyers and sellers," said Lawrence Yun NAR chief economist.

The Allstate survey of 1,000 Americans also found.

- Buying a home was the best investment among 24 percent, behind "investing in retirement savings" (38 percent), but ahead of "saving money in the bank" (20 percent), and "investing in the stock market" (6 percent).

- A majority, 58 percent of those who believe the housing crisis will remain a serious problem would still recommend buying a home.

- Americans are evenly split on whether the federal government should continue policies to encourage home ownership at the same level (46 percent) or scale them back because they cost too much (46 percent).

- More than half of Americans (52 percent) blame the housing crisis on banks and lending institutions for misleading borrowers and approving bad loans, while 32 percent blame people who bought homes and took out mortgages they couldn't afford, and only 12 percent blame government policies that encouraged too many people to try to own their own homes.

"Owning a home continues to be the bedrock of the American Dream � even as incomes are down, jobs are scarce and families struggle to make ends meet," said Thomas J. Wilson , Allstate chairman, president and chief executive officer.

"Homeownership is viewed positively by the vast majority of Americans as both a place to raise a family and a sound investment," he added.


Find Homes In Your Area of Choice and Withing Your Price Range

Pending Home Sales All Over The US in February 2011

Pending Home Sales Surprise to the Upside:  Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said Monday, pointing to a modest pick-up in home sales.

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in February, increased 2.1 percent to 90.8. Economists had expected the index, which leads existing home sales by a month or two, to fall 1.0 percent after a previously reported 2.8 percent decline.

"We may not see notable gains in existing-home sales in the near term, but they're expected to rise 5 to 10 percent this year with the economic recovery, job creation and excellent affordability conditions providing confidence to buyers who have been on the sidelines," said NAR chief economist Lawrence Yun.



FREE Home Search


Thursday, March 31, 2011

Home Values and Prices Around The USA

According to PMI Group Monthly Analysis:  In previous house price boom and bust periods,
house prices moved above their fundamental values only to fall below them for a while. While this simple analysis can help to identify areaswhere house prices appear to be out of line with incomes, it can’t tell us when a correction will occur.

As a result, while some areas appear to have already fallen well beyond their fundamental values, they could still fall further. What the analysis does say, however, is that at some point, there should be a recovery in house prices in these markets that will bring them back into balance with incomes.

States where house prices are too low, although they had no bubble Indiana is a good illustration of a surprising pattern seen for areas where prices tracked incomes quite closely even during the housing bubble, but then still got hit by declining house prices as a result of the Great Recession. Other states
with similar patterns include Arkansas, Kentucky, Kansas, Iowa, Mississippi, Nebraska, Ohio, Oklahoma, South Dakota, Texas, and Wyoming. It is likely that house prices in these areas will recover along with job growth, which is already happening in manufacturing and agriculture.

Since disposable income is not available at the state level, we made a minor adjustment to the state-level per capital income data by adjusting it for how national disposable per capita income compares to national per capita income over time. 

There are many measures of affordability, some based on prices relative to monthly house costs, including taxes, insurance and mortgage payments, while other measures compare house prices to rents. Here, we compare house prices and adjusted per capita income1 in order to study how they evolve over time. Over time, house prices and income should grow at similar rates, otherwise housing would become either increasingly affordable or unaffordable. We used two different measures of house prices, the CoreLogic House Price Index (HPI) built on all transactions and the CoreLogic HPI excluding distressed sales, since they tell somewhat different stories. 

States where house prices have over-corrected from the boom and are very affordable Michigan is an example of a state that had a housing boom, with prices moving upward at a pace much faster than the capacity of homeowners to pay for them – but where prices appear to have significantly over-corrected.

The data for Michigan suggest house prices were overheated in the decade before 2007, but have since
overshot too far to the downside of income, both relative to a 1995 base year of 100. 1995 as the base year because it was a relatively stable period for both housing and the overall economy). An index value of 120, for example, would signify that income or the HPI is 20 percent higher than it was in the base year of 1995.

Since there is some concern that the house price indices which include distressed sales undervalue properties not sold as short sales or from REO, we also show the CoreLogic HPI that excludes distressed sales.

Comparing the different HPIs, the index that excludes distressed sales lessens the underpricing
seen in most areas, but it only explains a portion of the under-pricing relative to incomes. Other states that have a broadly similar pattern to Michigan include Alabama, Georgia, Idaho, Illinois,
Missouri, Montana, Nevada, New Mexico, and West Virginia.
 
Search Homes For Free In Your Areas of Choice

Wednesday, March 23, 2011

Quote of The Day

If you have an hour, will you not improve that hour, instead of idling it away?

 Lord Chesterfield



 
Search Homes For Free On This Website

Thursday, March 17, 2011

Real Estate, Mortgage, Airline, Financial and Other News

The dow jones closed with 11,774.59 points and Nasdaq close at 2636.05

Korean Air will start receiving the 787-900 from boeing starting 2016

The supply of popular hybrid and fuel efficient cars is fallin as demard for imports is increasing as well as the prices.

The us labor Labor Deparment reported that wholesale food prices jumped 3.9% in February over January, the highest monthly increase in 37 years.

Nordstrom Store is moving out of the Glendale Galleria to The Americana also in Glendale California.

Six more banks repay U.S. Bailouts. The Treasury Deparment said it had received proceeds of $ 475 million wen the banks repurchased prefered shares and other investments that the department got in exchange for its cash injection.

Apple shares fall afted been downgraded by JMP Securities, Apple shares dropped $ 15.42 or 4.5% to $ 330.01

Guess profit up but sales down. Revenue rose 18% to $ 756.9 million. Its current quarter profil forecast of 41 to 44 cents a share was below the 61 cents expected by analist.

Ex Freddie Mac chairman and chief executive has been notified by U.S. regulators that he may face civil claims for failing to fully disclose the company exposure to risky mortgages.

The Obama administration wednesday asked Congress to pass legislation to protect online consumers privacy.

U.S. businesses sold more industrial suplies,chemichals and farM products abroad in the final three months of last year, pushing the deficit in the broadest measure of foreign trade down for the first time since spring 2009.

Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com  Real Estate News, Mortgages, Trends


Home Building Declines 22.5%

Home construction declines 22.5% in February 2011 comparing to January to a seasonally adjusted 479000 homes according to the Commerce Department. It was the lowest since April 2009 and the second lowest dating back more than a century.
Single family homes which make roughly 80 % of home construction, fell 11.8 % in February .


WWW.stoppayingrentinla.com search homes for Free

Andrew Carnegie Quote For Today

And while the law of competition may be sometimes hard for the individual, it is best for the

 race

because it ensures the survival of the fittest in every department.


Andrew Carnegie



Saturday, March 12, 2011

Daylight Savings For The Spring of 2011



Daylight Savings Start on 03/13/2011 at


2:00 AM

 
Before you go to bed tonight make sure you adjust your watch and clocks One Hour Ahead


We Will Be Missing One Hour of Sleep.


DO NOT FORGET

 
GOD BLESS YOU ALL







Tuesday, March 08, 2011

Quote of The Day

It was a high counsel that I once heard given to a young person, "Always do what you are afraid to do."



 Ralph Waldo Emerson



FIND THE LOWEST PRICED HOMES IN THE SAN FERNANDO VALLEY

Thursday, March 03, 2011

Wednesday, March 02, 2011

Investors Foreclosures, Bank Owned, Reo's, Repossessed Homes available in Arleta as of 03/02/2011

9235 Laurel Canyon Ave 3 Bedrooms, 2 Bath , 1222 sq ft Home and 6480 sq ft Lot

9333 Stanwin Ave  3 Bedrooms, 2 Bath, 1394 sq ft Home and 8460 sq ft Lot

9572 Lev Ave  3 Bedrooms, 2 Bath, 1472 sq ft Home and 7560 sq ft Lot

9640 Stanwin Ave   4 Bedrooms, 2 Bath, 1612 sq ft Home and 6473 sq ft Lot

9806 Woodale Ave  2 Bedrooms, 2 Bath, 1222 sq ft Home and 6300 sq ft Lot

13580 Bromwich Ave   3 Bedrooms, 2 Bath,  1236 sq ft Home and 6105 sq ft Lot

13655 Muscatine Ave   3 Bedroom,  2Bath,  1274 sq ft Home and 5616 sq ft Lot

The measurements  on homes and lots provided by tax assessors. I f you are thinking in buying and flipping these homes could be a good investment for you, if interested in getting more information, call me at 818 481 9211 or e-mail me at: alberto@sfvalleyhotproperties.com

Sunday, February 27, 2011

The 83rd Oscar Awards 2011



Best Support Actor: Christian Bale

For Make up: the Wolf Man

For Custom Design: Alice in Wonderland

Best Animated Feature : Toy Story 3

Original Music Score: The Social Network

Sound Editing: Inception

Visual Effects: Inception

Best Original Song For Toy Story 3: We Belong Together

Best Director: Tom Hooper For The King Speech

Writing ( Adapted Screen Play): The Social Network

Actress in Leading Role:  Black Swan

Best Picture: The King's Speech

Friday, February 25, 2011

Quote of The Day

Men are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore

remain bound.


James Allen

 
 
 
Homes For Sale, Real Estate News, Foreclosures, Tips

Wednesday, February 16, 2011

California Foreclosures Inventory Chart



Foreclosures, Bank Owned Homes, Reos, Short Sales and Notice of Defaults News

DID YOU KNOW?
  1. Notices of Default in California – 12/2010 – 21,510
    Notices of Default in California – 12/2009 – 27,182
  2. Back to Bank – REO – 12/2010 – 9,261
    Back to Bank – REO – 12/2009 – 17,460 
  3. Sold to 3rd Party – 12/2010 – 2,140
    Sold to 3rd Party – 12/2009 – 2,670
  4. Notices of Default but no sale scheduled – 12/2010 – 128K
    Notices of Default but no sale scheduled – 12/2009 – 141K 
  5. Bank Owned REO – 12/2010 – 110K
    Bank Owned REO – 12/2009 – 96K

Find Foreclosures, Reo, Short Sales, Notice of Defaults on This Website

Friday, February 11, 2011

Quote of The Day

"The soul attracts that which it secretly harbors;

that which it loves, and also that which it fears."


 James Allen


SF Valley Homes For Sale, Fha Loans, Property Taxes
 

Tuesday, February 08, 2011

Granada Hills Demographics, Schools and Home Values



Recent Home Value Results According To Zillow


$963K - 11586 Rancho Del Valle Granada Hills, CA 91344

$588K - 12401 Littler Pl Granada Hills, CA 91344

$457K - 17100 Signature Dr Granada Hills, CA 91344

$457K - 17100 Signature Dr Granada Hills, CA 91344

$403K - 10435 Wish Ave Granada Hills, CA 91344

$369K - 10857 Blucher Ave Granada Hills, CA 91344

$369K - 11248 Balboa Blvd Granada Hills, CA 91344

$361K - 15806 Los Alimos St Granada Hills, CA 91344

$355K - 16421 Index St Granada Hills, CA 91344

$345K - 15650 Horace St San Fernando, CA 91344

Granada Hills Demographics


Total Population: 48,863

White Population: 32,238

Black Population: 1,764

Hispanic Population: 9,985

Asian Population: 7,980

Hawaiian Population: 45

Indian Population: 227

Male Population: 23,943

Female Population: 24,920

Median Age: 37.800000000000004

Median Age of Males: 37.0

Median Age of Females: 38.6


All Schools in Granada Hills 91344

Elementary Schools

Danube Avenue Elementary

11220 Danube Ave.  Granada Hills, CA 91344  (818) 366-6463

El Oro Way Elementary

12230 El Oro Way  Granada Hills, CA 91344   (818) 360-2288

Granada Elementary

17170 Tribune St.  Granada Hills, CA 91344  (818) 363-3188

Haskell Elementary

15850 Tulsa St.  Granada Hills, CA 91344   (818) 366-6431

Knollwood Elementary

11822 Gerald Ave.  Granada Hills, CA 91344  (818) 363-9558

Tulsa Street Elementary

10900 Hayvenhurst Ave. Granada Hills, CA 91344   (818) 363-5061

Van Gogh Street Elementary

17160 Van Gogh St. Granada Hills, CA 91344  (818) 360-2141

Middle Schools

George K. Porter Middle

15960 Kingsbury St.  Granada Hills, CA 91344   (818) 891-1807

Patrick Henry Middle

17340 San Jose St.  Granada Hills, CA 91344   (818) 363-7401

Robert Frost Middle   12314 Bradford Pl.  Granada Hills, CA 91344   (818) 360-2146

High Schools

Granada Hills Charter High

10535 Zelzah Ave.  Granada Hills, CA 91344   (818) 360-2361

Jane Addams Continuation

16341 Donmetz St.  Granada Hills, CA 91344  (818) 360-5244

John F. Kennedy High

11254 Gothic Ave. Granada Hills, CA 91344   (818) 363-6794

Other Schools

North Valley Charter Academy

16551 Rinaldi St. Granada Hills, CA 91344   (818) 368-1557


The Economics


Average House Value: $238,100

Average Annual Household Income: $78,213

Businesses: 904

Employees: 7,593

Annual Payroll: $187,266,000


The Politics

Congressional District: 27, 25

Congressional District Land Area: 150.0, 21484.0

Sr Senator: Barbara Boxer (D)

Jr Senator: Dianne Feinstein (D)

US House Representative: Brad Sherman (D)

Find Foreclosed Homes and Bank Owned Homoes in Encino




Encino Homes Available For Sale  Bank Owned, Short Sales, Probates On a Residential Area

AvailabLe and Must Sell Quickly

From 2 Bedroom and up

Browse Home Listings On This Website



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lic 01200694



Monday, February 07, 2011

Quote of The Day

One person with a belief is equal to 99 who have only interests.

 John Stuart Mill




Bank Owned Homes Available On This Website  Click on Property Search to Find The Homes of Choice

Thursday, February 03, 2011

Foreclosure and Delinquent Real Estate Market as of December 2010

The situation we are seeing is the worst housing crisis since the Great Depresion with 10.9 million U.S. families in trouble:

  • 7 Million delinquent or some stage of Foreclosure.
  • 4 Million are not current on their Mortgage.
  • 3 Million are HAMP ( Home Affordable Mortgage Program) elegible 60+ day delinquent loans with 1.3 million elegible for HAMP Modifications.
  • As of November 2020, there are 504,648 active permanent modifications.
  • Total U.S. delinquency rate is 9.29% and down from 10.14% a year ago.
  • Long term unemployment 6.2 million as of December 2010
  •   Unemployment rate Nationwide 9.8%, in CA at 12%
  • Any Borrower who either fails or is denied a loan mofification is someone who should consider foreclosure alternative options.
With all this craziness happening in Real Estate, a lot of home owners are either going to be ended up either in Foreclosure or doing a Short Sale. Short sale process takes usually 45 to 60 days to get an approval from the lender (s). Short sale is a better option for homeowners comparing to foreclosures, since they can buy a house in 3 years comparing to 7 years to a foreclosure.  What is a short sale: Is a home sale process when the homeowners house is upside down ( they owed more that the actual house value).

If you have more question about foreclosures or short sale, advantages and disadvantages, do not hesitate to get in touch with me by e-mail or by phone, my contact information is here on this blog.

CLICK HERE TO VIEW ALL AVAILABLE HOMES FOR SALE IN LOS ANGELES COUNTY

Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com  Real Estate News, Mortgages, Trends

Monday, January 31, 2011

First Time Home Buyers With ITIN Number

I Have Great News For All First Time Home Buyer and First Time Home Buyers With

ITIN Number

There is A Program That Allows You To Buy a Home in All Los Angeles County.

You Need To Make An Itin Application In Order To Get Itin Loans

For More Information Contact Me At:

Alberto Pacheco
Keller Williams Porter Ranch
Call Me at: 818 481 9211
 E-mail Me and Provide Me Your Phone Number

albertopacheco5195@hotmail.com


http://www.stoppayingrentinla.com  Available Homes For Sales In All Los Angeles County

Quote of The Day

Feeling grateful or appreciative of someone or something in your life actually attracts more of the things that

you appreciate and value into your life.

Christiane Northrup



 Available Homes For Sale in All Los Angeles County    Click on Property Search

Tuesday, January 25, 2011

Mission Hills Home Values, Income, Salaries, Population

ZIP Code 91345 Data

Zip Code: 91345
City: Mission Hills
State: CA
Counties: LOS ANGELES, CA
Multi County: No
Area Code: 310 / 323 / 818
City Type: B [Branch]
Classification: [Non-Unique]
Latitude: 34.27177
Longitude: -118.457351
Elevation: 267
County FIPS: 037
State FIPS: 06
Time Zone: Pacific (GMT -08:00)
Day Light Savings: Y
Growth Rank: 0
Growth %: 0
Region: West
Division: Pacific
City Alias(es): Mission Hills
San Fernando
Current Population: 17,132
2000 Population: 17,102
Households per Zip Code: 5,139
Average House Value: $178,900
Avg. Income Per Household: $52,603
Persons Per Household: 3.33
White Population: 8,929
Black Population: 718
Hispanic Population: 9,177
Asian Population: 1,881
Indian Population: 128
Hawaiian Population: 31
Other Population: 4,681
Male Population: 8,401
Female Population: 8,701
Median Age: 34.10 years
Male Median Age: 32.70 years
Female Median Age: 35.50 years
# Residential Mailboxes : 5,145
# Business Mailboxes : 430
Total Delivery Receptacles : 6,204
Number of Businesses: 401
1st Quarter Payroll: $67,127,000
Annual Payroll: $301,744,000
# of Employees: 7,394
CBSA Population: 12,829,272
CBSA DIV Population:
CBSA: 31100
CBSA Name: Los Angeles-Long Beach-Santa Ana, CA
CBSA Type: Metro
CBSA Division: 31084
CBSA Division Name: Los Angeles-Long Beach-Glendale, CA
MSA: 4472
MSA Name: Los Angeles-Riverside-Orange County, CA
PMSA: 4480
PMSA Name: Los Angeles-Long Beach, CA PMSA
110th Congressional District: 27
110th Congressional Land Area: 150.75   77.18 sq mi
City State Key: Z22006
Preferred Last Line Key: Z22006
Water Area: 0 sq mi
Land Area: 3.04315 sq mi

http://www.stoppayingrentinla.com/   Foreclosures, Probates and Short Sales

Monday, January 24, 2011

Quote of The Day

You did not come into this environment to create through action. Instead,

your action is meant to be a way in

which you enjoy what you have created through thought.


 Esther Hicks

Sunday, January 23, 2011

Quote of The Day

Consider it all joy, my brethren, when you encounter various trials, knowing that the testing of your faith

produces endurance. And let endurance have its perfect result, so that you may be perfect and complete,

lacking in nothing.



James 1:2-4

Friday, January 21, 2011

New Listings: 37








Average Listing Price: $ 306,929









Listings Under Contract: 14









Average Listing Price: $ 308,385









Sold Listigs: 14









Average Listing Price: $ 289,071









% Sales Price Versus Listing Price: 97.45 %









% Sales Price Versus Old Listing Price: 94.32 %









Average Days on The Market: 64









Homes, Condos and Townhomes For Sale in Los Angeles County

Friday, January 14, 2011

Los Angeles County Home and Condo Sales Statistics as of 01/06/2010

Sales Statistics


                                                            LOS ANGELES County CA

                                       Realist's most recent recording date for this county is
 01/06/2011

Single Family Residence

Time Period Number of Sales Median Sale Price

Nov 2010 3,713 $335,000

Nov 2009 4,242 $340,000

Oct 2010 3,867 $330,000

Oct 2009 5,031 $335,000

2010 YTD 51,337 $340,000

2009 54,058 $325,000

Condominium

Time Period Number of Sales Median Sale Price

Nov 2010 1,175 $300,000

Nov 2009 1,590 $320,000

Oct 2010 1,272 $305,000

Oct 2009 1,715 $325,000

2010 YTD 17,242 $320,000

2009 18,388 $336,000

This is an statistic about los angeles real estate in general including condos, townhomes and single family residence homes.  The number of homes sold was lower in 2010 comparing to 2009, the same thing happened with the condos. Since the number of foreclosures has been going down  in the las 2 years we see the trend in year to year sales.


Sunday, January 09, 2011

Home Sales and Prices Nationwide in 2010

Nationwide Home Sales and Pending Sales For 2010

Pending Home Sales  









Year
United States Northeast Midwest South West United States Northeast Midwest South West
2007   96.3 86.8 89.9 107.9 92.4 * * * * *
2008   87.2 73.8 80.8 90.3 99.4 * * * * *
2009   95.1 76.6 88.9 99.0 109.7 * * * * *
    Seasonally Adjusted Annual Rate Not Seasonally Adjusted
2009 Nov  97.0 77.4 84.8 98.5 122.8 78.1 52.9 65.7 78.8 109.8
2009 Dec  97.8 78.1 89.2 100.2 118.5 63.2 42.4 55.5 68.2 79.7
2010 Jan  90.2 71.3 80.4 98.0 102.9 74.3 52.5 64.1 77.5 96.8
2010 Feb  97.7 77.7 97.7 107.5 98.0 89.1 68.8 93.2 96.3 89.1
2010 Mar  104.6 75.6 100.1 124.6 100.4 120.3 99.1 116.5 139.9 110.1
2010 Apr  110.9 97.9 104.3 123.6 107.9 133.4 124.8 134.4 152.3 109.4
2010 May  77.7 67.0 70.8 82.7 85.3 89.0 87.0 81.2 93.9 91.3
2010 Jun  75.5 58.8 64.1 85.3 85.1 92.7 78.9 79.1 106.1 96.9
2010 Jul  78.9 62.4 66.6 85.1 95.0 85.4 65.5 69.3 99.3 96.2
2010 Aug  82.4 60.6 68.1 90.8 101.1 90.9 66.0 72.3 97.8 119.2
2010 Sept  80.9 59.6 64.2 87.6 104.7 77.1 50.1 62.9 80.5 107.7
2010 Oct r 89.1 71.3 81.7 93.1 104.3 84.0 66.6 74.9 85.1 105.3
2010 Nov p 92.2 72.6 78.3 91.4 123.3 76.2 51.7 62.7 74.8 111.6
  vs. last month: 3.5% 1.8% -4.2% -1.8% 18.2% -9.3% -22.4% -16.3% -12.1% 6.0%
  vs. last year: -5.0% -6.2% -7.7% -7.2% 0.4% -2.4% -2.3% -4.6% -5.1% 1.6%




























































































































































































































































































































109.8











79.7











96.8











89.1











110.1











109.4











91.3











96.9











96.2











119.2











107.7











105.3











111.6











6.0%











1.6%

Best and Worst Performing Metro Areas of 2010


Friday, January 07, 2011

Quote of The Day

The great blessing of mankind is within us and within our reach; but we shut our eyes, and like people in the

dark, we fall foul upon the very thing we search for, without finding it.


Seneca

(7 B.C. - 65 A.D.)

Thursday, January 06, 2011

Quote of The Day


Nothing of character is really permanent but virtue and personal worth.


Daniel Webster






Tuesday, January 04, 2011

Newhall California Home Sales Statistics For December 2010

New Listings:  37

Average Listing Price: $ 306,929

Listings Under Contract: 14

Average Listing Price: $ 308,385

Sold Listigs: 14

Average Listing Price: $ 289,071

% Sales Price Versus Listing Price: 97.45 %

% Sales Price Versus Old Listing Price: 94.32 %

Average Days on The Market: 64

Homes, Condos and Townhomes For Sale in Los Angeles County

Newhall California Home Sales Statistics For November 2010

New Listings: 41

Average Listing Price: $ 306,031

Listings Under Contract: 11

Average Listing Price: $ 276,763

Sold Listigs: 23

Average Listing Price: $ 284,765

% Sales Price Versus Listing Price: 97.30 %

% Sales Price Versus Old Listing Price: 93.73 %

Average Days on The Market: 67

Homes, Condos and Townhomes For Sale in Los Angeles County

Newhall California Home Sales Statistics For October 2010

New Listings: 37


Average Listing Price: $ 368,773

Listings Under Contract: 15

Average Listing Price: $ 336,140

Sold Listigs: 33

Average Listing Price: $ 289,796

% Sales Price Versus Listing Price: 99.03 %

% Sales Price Versus Old Listing Price: 97.40 %

Average Days on The Market: 83


Home Values, Statistics, Fha Loans, Investment Properties, Probates

Quote of The Day

"The more we express our gratitude to God for our blessings,

the more he will bring to our mind other blessings. The more

we are aware of to be grateful for, the happier we become."

 Ezra Taft Benson



Probate Home Listings, Fha Loans, Real Estate News and More......

Monday, January 03, 2011

Nehall California Home Sales Statistics For October 2010

New Listings: 37


Average Listing Price: $ 368,773

Listings Under Contract: 15

Average Listing Price: $ 336,140

Sold Listigs: 33

Average Listing Price: $ 289,796

% Sales Price Versus Listing Price: 99.03 %

% Sales Price Versus Old Listing Price: 97.40 %

Average Days on The Market: 83


Home Values, Statistics, Fha Loans, Investment Properties, Probates