There are 242 Condo units now pending in escrow in Irvine , that have a median price of $375,000 . These units range in price from $119,000 for a 0 bedroom, 1 bath, 471 square foot condominium, situated in the Irvine Springs Subdivision. On up to a high price of $925,000 for a fine condo comprised of 2 bedrooms, and 3 baths, with 1,930 square feet, located in the The Plaza Subdivision.

For attached Condos Sold in the past 3 Months, there were 191 such units that succesfully closed escrow in Irvine , California. The median price of these attached units was $390,000 with an average price per square foot of $291 . These sold condominiums ranged in price from a low of $119,000 for a 0 bedroom, 1 bath, 465 square foot unit found in the Irvine Springs condo Tract. The maximum priced sold condo was $1,380,000 for a nice unit comprised of 3 bedrooms, 4 baths, and 2,390 square feet found in the The Plaza Tract.

For more info about condominiums for sale in Irvine , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Of visit our Irvine Condos for Sale Website.

Irvine Real Estate Market Update is a post from: Orange County Real Estate Blog

For properties currently under contract in Laguna Beach there are 50 detached homes in escrow, with a median value of $1,075,000 . These detached homes range in price from a low of $399,000 for a 1 bedroom, 1 bath, 796 square foot property located in the Custom Tract. On up to a maximum price of $7,495,000 for a fine property incorporating 5 bedrooms, 4 baths, with an expansive 4,000 square feet of living area, located in the Custom Tract.

In the past 3 months, there were 74 detached homes that have sold and closed escrow in Laguna Beach . These sold homes had a median price of $1,195,000 with an average price per square foot of $698 . These sold and closed homes range in price from a low of $360,000 for a detached home comprised of 2 bedrooms, and 2 bath, with 736 square feet, and is located in the Other Subdivision. And a maximum price of $7,362,000 for an estate property comprising of 5 bedrooms, 7 baths, and a spacious 5,000 square feet located in the Three Arch Bay Tract.

If you have any questions regarding homes or condominiums for sale in Laguna Beach , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click the following hyper-link if you would like to view all homes for sale in Laguna Beach .

Laguna Beach Homes and Condos report. is a post from: Orange County Real Estate Blog

For homes now pending in contract in Dana Point there are 44 detached homes in escrow, which have a median price of $599,000. These properties range in price from a low of $349,000 for a 2 bedroom, 2 bath, 954 square foot property located in the Custom Area. The maximum price is $4,499,000 for a fine property incorporating 3 bedrooms, 3 baths, with an expansive 3,959 square feet of living area, located in the Beach Road Custom Neighborhood.

For Sold home in the past 3 months, there were 55 detached properties that closed escrow in Dana Point. These sold homes had a median price of $610,000 with an average price per square foot of $368. These sold homes ranged in value from a low price of $269,900 for a detached home with 2 bedrooms, and 1 baths, incorporating 600 square feet, located in the Custom Subdivision. And a maximum price of $2,800,000 for an estate property comprising of 3 bedrooms, 2 baths, and a spacious 1,100 square feet located in the Beach Road Custom Community.

For more info about homes or condominiums for sale in Dana Point , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com. Of visit our Dana Point Real Estate Website.

Dana Point Real Estate Market Update is a post from: Orange County Real Estate Blog

For homes now pending in contract in Laguna Niguel there are 92 detached homes in escrow, which have a median price of $599,000 . These properties range in price from a low of $349,000 for a 2 bedroom, 3 bath, 1,326 square foot property located in the Del Prado Villas Area. The maximum price is $2,200,000 for a fine property incorporating 5 bedrooms, 6 baths, with an expansive 5,375 square feet of living area, located in the Monarch Point Custom Neighborhood.

For Sold home in the past 3 months, there were 103 detached properties that closed escrow in Laguna Niguel . These sold homes had a median price of $679,500 with an average price per square foot of $290 . These sold homes ranged in value from a low price of $340,000 for a detached home with 3 bedrooms, and 2 baths, incorporating 1,300 square feet, located in the Crown Valley Highlands III Subdivision. And a maximum price of $4,405,000 for an estate property comprising of 5 bedrooms, 8 baths, and a spacious 7,875 square feet located in the Monarch Point Custom Community.

For more info about homes or condominiums for sale in Laguna Niguel , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Of visit our Laguna Niguel Real Estate Website.

Laguna Niguel Real Estate Market Update is a post from: Orange County Real Estate Blog

For homes now pending in contract in Tustin there are 52 detached homes in escrow, which have a median price of $469,000 . These properties range in price from a low of $200,000 for a 2 bedroom, 1 bath, 733 square foot property located in the 0 Area. The maximum price is $1,499,999 for a fine property incorporating 5 bedrooms, 5 baths, with an expansive 4,100 square feet of living area, located in the Emerson Neighborhood.

For Sold home in the past 3 months, there were 85 detached properties that closed escrow in Tustin . These sold homes had a median price of $495,000 with an average price per square foot of $269 . These sold homes ranged in value from a low price of $125,000 for a detached home with 1 bedrooms, and 1 baths, incorporating 771 square feet, located in the 0 Subdivision. And a maximum price of $3,725,000 for an estate property comprising of 5 bedrooms, 7 baths, and a spacious 7,560 square feet located in the Tustin Ranch Estates Community.

For more info about homes or condominiums for sale in Tustin , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Of visit our Tustin Real Estate Website.

Tustin Real Estate Market Update is a post from: Orange County Real Estate Blog

Bank of America states that the purpose of this program is give these home owners a better alternative, then foreclosure. They intend to provide a custom program with incentives that are attractive to homeowners experiencing a true hardship.  This type of proactive response will help to bring stability to the beleaguered Orange County housing market.  This new test short sale program, was developed to streamline the process.  In that regard,  B of A will use the previous documents that the home owner had submitted, so that no new documents are needed from the prospective seller. 

One of the very important beneifts of this new Bank of America short sale program, is that they will be waiving deficiencies, which is the difference between what the home sells for and how much is left on the mortgage.  This is a huge benefit to any Orange County home owner who may be contemplating a short sale with a Bank of America loan.  Another beneficial feature of this new short sale program, is the B of A will offer the seller a $3,000 relocation fee, for cooperating with the short sale.  If  the property does not sell, then B of A will consider a deed-in-lieu of foreclosure in order to satisfy the mortgage.

B of A will not be selecting which real estate agent to work with, therefore it is advised that a homeowner work with a certifeid and experienced short sale realtor.  B of A will assign a short sale specialist to work with the real estate agent and the homeowner to market the property for 120 days.  Letters have already been mailed to qualified homeowners, and this will be a six month trial program. 

One of the major stumbling blocks to getting short sales approved, is that the for many loans, the beneficiary is some other investment institution other than Bank of America, and it is often difficult for B of A to get that investors approval in time to meet the time lines of a purchase offer.  In this test program, B of A has worked with the investor before hand, to get their preliminary approval so that the short sale can close faster.

There is great need for short sales at this time.  Freddie Mac recently reported that its short sale figures were up 600% from two years ago and said it had completed 22,117 short sales in the first half of 2010, up nearly 180% from 7,914 in the first half of 2009.  In addition, a research firm named Core Logic, has reported taht short sales in the US have tripled since 2008. In addition,   Bank of America has completed more than 25,000 short sales to date.  B of A is committed to improving the short sale process, and test for new ways of completing short sales to help their  customers avoid foreclosure with a dignified exit.

For more inforamtion or questions about short sales in Orange County, HAFA short sales, or the new Bank of America short sale program, feel free to contact the short sale experts at ShortSalesASAP.com  or email us at:  Info@ShortSalesASAP.com

New Bank of America Short Sale program helps Orange County Home Owners is a post from: Orange County Real Estate Blog

For attached condos, there are currently 76 condos active for sale in Dana Point . The median price of these condos is $515,000 and the average price per square foot is $406 . These listed condos range in price from a low of $168,900 for a unit comprising of 1 bedroom, 1 bath, 700 square foot, that is situated in the Harbor Creek Tract. Up to a maximum price of $2,650,000 for a roomy condo consisting of 3 bedrooms, 3 baths, with 3,101 square feet found in the Admiralty Subdivision.

For properties currently under contract in Dana Point there are 68 detached homes in escrow, and the median price is $895,000 . These detached homes range in price from a low of $399,900 for a 3 bedroom, 2 bath, 1,145 square foot property located in the Custom Tract. On up to a maximum price of $3,399,000 for a fine property comprising of 4 bedrooms, 4 baths, and incorporates an expansive 4,475 square feet of living area, located in the Monarch Bay Tract.

For condos, there are 50 units now in escrow in Dana Point , with a median price of $461,900 . These pending units range in price from $154,000 for a 1 bedroom, 1 bath, 700 square foot condominium, located in the Harbor Walk Subdivision. On up to a maximum price of $1,795,000 for a fine condo consisting of 3 bedrooms, and 5 baths, with 3,651 square feet, found in the Admiralty Subdivision.

In the past 90 days, there have been 42 detached homes that have sold and closed escrow in Dana Point . These sold homes had a median price of $717,500 with an average price per square foot of $423 . These closed homes range in price from a low of $355,000 for a detached home comprised of 2 bedrooms, and 1 bath, with 1,011 square feet, and is located in the Custom Subdivision. And a maximum price of $5,950,000 for an estate property comprising of 5 bedrooms, 7 baths, and a spacious 6,378 square feet located in the Niguel Shores Tract.

For the past 3 months, there have been 42 attached condominiums that have sold and closed escrow in Dana Point , California. The median price of these attached units was $415,000 and the average price per square foot was $315 . These sold condominiums ranged in price from a low of $175,000 for a 1 bedroom, 1 bath, 650 square foot unit found in the Harbor Creek condo Tract. And the maximum priced sold condo was $1,050,000 for a nice unit comprised of 4 bedrooms, 4 baths, and 3,300 square feet that is situated in the Monarch Del Mar Tract.

If you have any questions regarding real estate for sale in Dana Point , please feel free to call us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click this link if you would like to view all homes for sale in Dana Point .

Dana Point Homes and Condos market update. is a post from: Orange County Real Estate Blog

For attached condos, there are currently 23 condos active for sale in Newport Coast . The median price of these condos is $869,000 and the average price per square foot is $430 . These listed condos range in price from a low of $475,000 for a unit comprising of 2 bedroom, 2 bath, 1,212 square foot, that is situated in the Summit Tract. Up to a maximum price of $2,595,000 for a roomy condo consisting of 4 bedrooms, 5 baths, with 3,850 square feet found in the Seascape Subdivision.

For properties currently under contract in Newport Coast there are 25 detached homes in escrow, and the median price is $2,595,000 . These detached homes range in price from a low of $1,295,000 for a 3 bedroom, 3.5 bath, 2,576 square foot property located in the Belarca Tract. On up to a maximum price of $6,695,000 for a fine property comprising of 4 bedrooms, 5 baths, and incorporates an expansive 6,350 square feet of living area, located in the Crystal Cove Sea Crest Tract.

For condos, there are 10 units now in escrow in Newport Coast , with a median price of $813,000 . These pending units range in price from $587,500 for a 2 bedroom, 2 bath, 1,094 square foot condominium, located in the Trovare Subdivision. On up to a maximum price of $1,099,000 for a fine condo consisting of 3 bedrooms, and 3 baths, with 2,300 square feet, found in the Vistas Subdivision.

In the past 90 days, there have been 37 detached homes that have sold and closed escrow in Newport Coast . These sold homes had a median price of $2,360,000 with an average price per square foot of $571 . These closed homes range in price from a low of $3,365,000 for a detached home comprised of 4 bedrooms, and 5 bath, with 3,670 square feet, and is located in the Nautilus Subdivision. And a maximum price of $8,250,000 for an estate property comprising of 5 bedrooms, 7 baths, and a spacious 11,100 square feet located in the Pelican Crest Tract.

For the past 3 months, there have been 8 attached condominiums that have sold and closed escrow in Newport Coast , California. The median price of these attached units was $675,000 and the average price per square foot was $393 . These sold condominiums ranged in price from a low of $500,000 for a 2 bedroom, 2 bath, 1212 square foot unit found in the Summit condo Tract. And the maximum priced sold condo was $1,150,000 for a nice unit comprised of 2 bedrooms, 3 baths, and 2,300 square feet that is situated in the Vistas Tract.

If you have any questions regarding real estate for sale in Newport Coast , please feel free to call us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click this link if you would like to view all homes for sale in Newport Coast and south Orange County.

Newport Coast Real Estate report. is a post from: Orange County Real Estate Blog

For attached condos, there are currently 94 condos active for sale in Laguna Niguel . The median price of these condos is $300,000 and the average price per square foot is $294 . These listed condos range in price from a low of $169,900 for a unit comprising of 1 bedroom, 1 bath, 713 square foot, that is situated in the Crystral Cay Tract. Up to a maximum price of $1,205,000 for a roomy condo consisting of 2 bedrooms, 3 baths, with 2,244 square feet found in the Laguna Sur Subdivision.

For properties currently under contract in Laguna Niguel there are 103 detached homes in escrow, and the median price is $561,000 . These detached homes range in price from a low of $384,900 for a 3 bedroom, 2 bath, 1,303 square foot property located in the Lake Park Tract. On up to a maximum price of $3,690,000 for a fine property comprising of 5 bedrooms, 6 baths, and incorporates an expansive 6,500 square feet of living area, located in the Ocean Ranch Custom Tract.

For condos, there are 104 units now in escrow in Laguna Niguel , with a median price of $285,000 . These pending units range in price from $145,000 for a 1 bedroom, 1 bath, 565 square foot condominium, located in the Rancho Niguel Subdivision. On up to a maximum price of $749,000 for a fine condo consisting of 3 bedrooms, and 4 baths, with 2,379 square feet, found in the Laguna Sur Subdivision.

In the past 90 days, there have been 102 detached homes that have sold and closed escrow in Laguna Niguel . These sold homes had a median price of $680,000 with an average price per square foot of $332 . These closed homes range in price from a low of $445,000 for a detached home comprised of 3 bedrooms, and 3 bath, with 1,500 square feet, and is located in the Terra Nova Subdivision. And a maximum price of $6,075,000 for an estate property comprising of 4 bedrooms, 7 baths, and a spacious 6,900 square feet located in the Bear Brand Ranch Custom Tract.

For the past 3 months, there have been 103 attached condominiums that have sold and closed escrow in Laguna Niguel , California. The median price of these attached units was $270,000 and the average price per square foot was $266 . These sold condominiums ranged in price from a low of $142,000 for a 1 bedroom, 1 bath, 750 square foot unit found in the Hillhurst Condos condo Tract. And the maximum priced sold condo was $1,100,000 for a nice unit comprised of 3 bedrooms, 4 baths, and 3,172 square feet that is situated in the Laguna Sur Tract.

If you have any questions regarding real estate for sale in Laguna Niguel , please feel free to call us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click this link if you would like to view all homes for sale in Laguna Niguel .

Laguna Niguel Real Estate market update is a post from: Orange County Real Estate Blog

For condominiums, there are now 25 units active for sale in San Juan Capistrano . The median price of these condos is $180,000 and the average price per square foot is $223 . These condominiums range in price from a low of $100,000 for a unit comprising of 1 bedroom, 1 bath, 785 square foot, that is found in the Casitas De Alipaz Tract. Up to a maximum price of $749,000 for a roomy condo consisting of 5 bedrooms, 3 baths, with 2,240 square feet found in the Masters Subdivision.

For homes now pending in contract in San Juan Capistrano there are 52 detached homes in escrow, which have a median price of $795,000 . These properties range in price from a low of $294,000 for a 2 bedroom, 2 bath, 910 square foot property located in the Sun Hollow Area. The maximum price is $2,995,000 for a fine property incorporating 6 bedrooms, 8 baths, with an expansive 8,250 square feet of living area, located in the Hilltop Estates Neighborhood.

There are 55 Condo units now pending in escrow in San Juan Capistrano , that have a median price of $150,000 . These units range in price from $86,000 for a 1 bedroom, 1 bath, 785 square foot condominium, situated in the Alipaz Subdivision. On up to a high price of $499,000 for a fine condo comprised of 3 bedrooms, and 2 baths, with 1,631 square feet, found in the Mesa Verde Subdivision.

For Sold home in the past 3 months, there were 33 detached properties that closed escrow in San Juan Capistrano . These sold homes had a median price of $635,000 with an average price per square foot of $330 . These sold homes ranged in value from a low price of $350,000 for a detached home with 4 bedrooms, and 2 baths, incorporating 1,400 square feet, located in the Harbor Lane Subdivision. And a maximum price of $4,350,000 for an estate property comprising of 6 bedrooms, 9 baths, and a spacious 9,344 square feet located in the Hunt Club Community.

For attached Condos Sold in the past 3 Months, there were 42 such units that succesfully closed escrow in San Juan Capistrano , California. The median price of these attached units was $157,000 with an average price per square foot of $188 . These sold condominiums ranged in price from a low of $80,000 for a 1 bedroom, 1 bath, 785 square foot unit found in the Alipaz condo Tract. The maximum priced sold condo was $537,000 for a nice unit comprised of 3 bedrooms, 2 baths, and 1,646 square feet found in the Mesa Verde Tract.

If you have any questions regarding homes or condominiums for sale in San Juan Capistrano , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Of visit our San Juan Capistrano Home for Sale Website.

San Juan Capistrano Real Estate Market Update is a post from: Orange County Real Estate Blog