UCLA Forecast - Faster Growth Expected by 2014

UCLA Anderson Forecast published their economic review for the 3rd quarter. The economic outlook was held on Sept. 20th.  With the upcoming election, it is imperative to understand what will happen to the economy. 

Some highlights from the forecast include:

-Single digit unemployment numbers look promising in 2014. 

-Housing construction will bring lift to the economy in 2013 & 2014

-763,000 housing units in 2012 and under a million projected in 2013

-California's exports are a main driver for employment and economic growth

Read the press release here. You could also buy the full report format this site.

Nearly half of CA properties receive multiple offers

Chapman Economic Forecast Dec. 2011

To read the full press release click here. 

Happy Halloween!

Happy Halloween from RE/MAX Fine Homes!

Susie Denton Joins RE/MAX Fine Homes in Newport Beach, CA

(Newport Beach, CA June, 2011) If you want to get the top dollar price for your home in this down market, contact Susie Denton with RE/MAX Fine Homes; located in Newport Beach. Susie is a veteran real estate broker and formerly owned her own real estate company. She is fluent in English and Chinese and she has mastered the art of Feng Shui home design. She has 20+ years experience in the industry and maintains a caring commitment to her clientele, providing each client with the utmost discretion and integrity.

“I will sell your home in 90 days or less, guaranteed,” states Susie Denton. Having experience in the real estate industry has made customer service a very important key in Susie’s success, which is why she has been able to assist over 1,000 families in their real estate purchases. Susie works around the clock 7 days a week to make her clients' move as successful and trouble free as possible.

"Susie is a top producer and strengthens our company,” stated Lee Ann Canaday, Broker/Owner of RE/MAX Fine Homes. “RE/MAX is the most recognized name in real estate and has a worldwide sales force with more than 90,000 agents." Susie Denton said another advantage is the international connection in 85 countries. RE/MAX has the most experienced, educated and knowledgeable agents. Susie Denton has connections with cash buyers, so it eliminates the loan contingency headaches in some of her transactions.Susie is your one stop shop for all your real estate needs, and will do everything it takes to create the ultimate home buying experience for you.

Ready to take advantage of Susie Denton’s expertise? Please contact her 949.500.3002 or Susie@SusieDenton.com or just stop by at 3 Corporate Plaza Suite 100, Newport Beach, CA 92660.

Senate Passes Stimulus Package

This important news comes to us from the California Association of Realtors (C.A.R.):

"On the housing front, the good news is that the legislation resets the conforming loan limit cap at $729,750, up from $625,500. Numerous counties in California experienced a marked decrease in their conforming loan and FHA limits on Jan. 1, and the stimulus bill reinstates 2008 loan limits through Dec. 31, 2009.

The bill also increases the first-time home buyer credit from $7,500 to $8,000, and removes the requirement that the credit be paid back if the buyer stays in the home for at least three years. It also extends the expiration date for the credit from July 1 to Dec. 1, 2009. Homebuyers must have purchased a home after Jan. 1, 2009, and before Dec. 1, 2009, to be eligible for the $8,000 credit.

C.A.R. and NAR (National Association of Realtors) have long advocated for higher conforming loan limits. The conforming loan limit provisions and other housing elements in the stimulus package are a step in the right direction for our industry and all Californians."

Hope everyone is having a lovely President's Day!