Balboa Island – dredging and property

A look back to Balboa Island in 1928, from Jeff Delaney’s book Newport Beach: In 1906, W. S. Collins commenced a dredging operation, partially completed by 1910, at which time a sucesion of subdivision map filings began. Prior to the dredging, the island was largely overflowed swamp land and mostly underwater at high tide. It …

Continue reading ‘Balboa Island – dredging and property’ »

Another Drop in Home Prices in 2011

Home prices in 2011 fell by 4.7 percent, according to CoreLogic–for the fifth straight year.  However, that decrease is due in large part to distressed sales, since once CoreLogic excluded short sales and REOs, prices declined only by 0.9 percent. Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks …

Continue reading ‘Another Drop in Home Prices in 2011’ »

Fraud Criminals Migrate to Hardest Hit Areas

Homeowners, be forewarned:  data from Interthinx shows that mortgage- and foreclosure-fraud is on the rise.  Read the following article from DSNews.com for further information: “Data released Monday shows an increase in mortgage related fraud in areas with high rates of foreclosure activities and underwater borrowers. Risk analytics firm Interthinx released its annual Mortgage Fraud Risk …

Continue reading ‘Fraud Criminals Migrate to Hardest Hit Areas’ »

Choosing the right neighborhood

Realtor.com featured an article by Move, Inc. on choosing the right neighborhood for those thinking of moving (view the original article: “How to Choose a Neighborhood“). The list was comprehensive, but fairly basic.  Here’s a recap: Focus on searching for homes in only the neighborhoods that are right for your family.  Do such by evaluating …

Continue reading ‘Choosing the right neighborhood’ »