Namneet Dhaliwal's Blog

Number of default properties in Orange County CA keeps on creeping up significantly every month April 2007 being the highest when compared to last few years.  April 2006 there were only 480 homes in default. We do not expect any decrease in these numbers any time soon as we have yet to see the ef...

Changing mortgage practices Up until recently any one could buy a house, even with FICO score of 580, and recent bankruptcy as long as it has already been cleared. Stated income, no documents and no money in the bank - one could still get a kind of loan. Over lending by mortgage industry caused t...

Currently there are 146 Active listings in SoCal MLS for city of Brea CA and there are 43 homes listed as pending sale. At this time it is still a balanced market, but buyer friendly. Real Estate prices could suffer as there is limited supply of buyers. Due to 100% financing demise, it will be mu...

A Highly upgraded, corner lot, 3 bed, 3 full bath 2 car garage, 2100 sq. ft, built in 1996. It comes with upgraded travertine tile in bathrooms, maple wood flooring, and plantation shutters throughout the house, custom paint. Family kitchen with eating area and island, oak cabinets, granite count...

Like New 4br 3ba Two Story Home In Immaculate Condition. Porcelain Tile Downstairs, Fresh Two Tone Custom Paint Interior and Exterior, Cathedral Ceilings, Downstairs Bedroom And Full Bath, Separate Living Room And Family Room, Gourmet Kitchen With Center Island And Eating Area, Brand, Private Bac...

  Who is to Blame? Lenders are tightening their underwriting guidelines, requiring increased FICO scores for qualification, getting rid of sub-prime loans, but for now it is too late in the scheme. It was surprising to see that big lending companies, who have top notch financial ad visors, could ...

2006 marks as a year of highest number of expired listings in Orange County CA Real Estate since year 2003. See numbers and graph at Expired Listings and Orange County Real Estate Value Normally listings are active for four to six months, a great number of these properties had price reduction fro...

Real Estate Market Activity in Orange County stays sluggish in beginning of 2007. Although only 10 day of this year have passed, no improvement in pending vs active listings ratio is noticed.There are 11640 active home listings in Orange County as of now and only 2183 pending listings. The ratio ...

Although market varies form region to region in the country but over all  tone seems to be the same .I have been following the Real Eastate market very closely here in Orange County CA. The results that come from Data Quick, S&P 500 and NAR (although NAR was much closer to realty than others), so...

Happy New Year to all the readersMy New Year professional resolution is to take my professionalism to the new heights.To The Real Estate Community:As real estate professionals it is not only our job but a professional responsibility to guide our clients about their affordability limits. Every one...