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The Orange County Register - News Headlines : Real Estate News
Crash cut Laguna Beach home prices 31%
2/14/2012 11:47 AM
How did real estate in Laguna Beach fare in the housing bubble's crash? We asked DataQuick to compare homebuying trends for 2002 to 2006 — the boom — and 2007 to 2011 — the bust — for The Register. Here's what we learned countywide … and...
Deal will cut O.C. mortgages by $668 million
2/14/2012 11:01 AM
Loan balances could be reduced on more than 24,000 mortgages under the landmark multi-state foreclosure settlement reached last week with major banks, a state spokeswoman said. The value to homeowners of those mortgage "write downs" is estimated at...
Calif. mortgage fix $6B less than claimed
2/14/2012 10:55 AM
California's share from the landmark foreclosure "robo-signing" settlement reached last week will be about $12 billion, not the $18 billion that state Attorney General Kamala Harris touted in her press release about the pact, a Harris' spokeswoman...
Orange warehouse sells for $5 million
2/14/2012 7:30 AM
A warehouse in Orange sold for $5.1 million, broker Voit Real Estate Services reports. The 44,340 square-foot industrial property at 749 N. Poplar Street was acquired by a local construction firm for its own operations. Voit's Seth Davenport: "Since...
Anaheim apartments sell for $1.69 million
2/14/2012 4:00 AM
A 16-unit apartment complex in Anaheim sold for $1.69 million, broker Investment Capital Real Estate said. The complex at 923-929 South Park Circle -- built in 1959 -- has 12,560 rentable square footage in a mix of one- and two-bedroom units....
O.C. investor buys 4 medical offices for $58M
2/14/2012 1:22 AM
Newport Beach real estate investors bought four medical properties for $58 million. In one deal, Griffin-American Healthcare REIT II paid $33 million for Spokane Integrated Medical Plaza in Spokane, Wash. The property includes a 96,000-square-foot...
Brea gets 94 'affordable' apartments
2/13/2012 6:51 PM
Brea has 94 new "affordable" apartments Jamboree Housing Corp. of Irvine — a not-for-profit affordable housing developer — has opened Bonterra Apartment Homes within the city's new Blackstone master-planned community. The complex includes: ...
8 more mansions hit O.C. market
2/13/2012 3:28 PM
As the spring home-selling heats up, we'd thought we'd take a peek at what mansion were hitting the market. Here's a summation of the new listings of $5 million or more in the week through Feb. 13, according to OCRegister.com/RealEstate … 7 Troon...
Empire State Building going public
2/13/2012 3:00 PM
Real estate news and views from around the globe that make you go, “Really?” The Empire Goes Public — Forbes Owner of Empire State Building Files for I.P.O. — N.Y. Times Empire State Building IPO on tap — CNN Money Empire State Building...
Crash cut Newport home sales by 40%
2/13/2012 12:47 PM
We asked DataQuick to compare homebuying trends for 2002 to 2006 – the boom – and 2007 to 2011 – the bust – for The Register. DataQuick found 3,139 residences sold in Newport area in the bust vs. 5,197 deals closed in the boom – a 39.6%...
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