Category Archives: LA HABRA AND BREA HOMES


 5 0 North La Habra Home: $423k  north of Whittier Blvd . Ranch Style, One Level Floor 3 bedroom 2 bath beautiful pool home. Square Feet: 1,874 Assessor and Lot Size: 7,350.
On 4th of July the neighbors set the lawn chairs out and watch La Habra High School firework…a little inside secret!

Call me if you want to see this listing. Renee 562.972.9886

Article from NAR Apples and; Oranges: Misleading data

October 26, 2010

By NAR Research

Each month NAR releases the latest reading on existing-home sales, median prices and inventories. As one of the most closely followed barometers of the real estate economy, there is considerable news coverage in print and on the major cable and broadcast channels. Data can be surprising, especially when it differs from what is expected by the legion of analysts who follow the real estate markets. These surprises, when they occur, lead to more intense media coverage than usual.

At times, this coverage can be somewhat perplexing, especially when there are “apples to oranges” comparisons. In the latest instance, September existing-home sales rose 10 percent compared with August, but were down 19.1 percent compared to the same month one year earlier. In one example, a newspaper headline touted the month-to-month rise in national home sales, but gave a much more subdued–one could even say grim–view of local conditions using data comparisons on a year-to-year basis. In another example, the news coverage raises the stakes by putting the latest data in terms of the largest increase or decrease, or in terms of record high or low. While these statements are usually factually accurate, they often miss the point by not putting the latest data point in full context. A record low may imply that there has been a large decrease or, alternatively, if the data is volatile, it may be part of a noisy trend, where month-to-month comparisons are less informative. Such statistical confusion, while likely done with no negative intent, adds to the mixed messages that consumers are seeing when they pick up a newspaper or tune in to the evening news.

The next time you see a headline that grabs your attention take a moment to make sure that everything adds up.

Homeownership Benefits

Benefits of Long Term Homeownership

Every financial decision you make may greatly impact you and your family for a long time perhaps your lifetime. Would it help to know that when you buy a home, you would probably end up living in a house for free after about 10 years? How? That it is better to be paying down your own loan instead of your landlord’s loan. Read the rest of this article for answers.

The vast benefits of Homeownership.


  • Children do better in school and later in life that are brought up in a home that is owned by their parents or guardian. Children of homeowners score better on school test.
  • Achieve more in life.
  • Higher economic ability to earn more in their lifetime.
  • Homeownership benefits neighborhoods, providing economic and social media. Homeowners are more likely to participate in local organizations, and homeownership in distressed communities raises neighborhood property values by a significant amount.
  • Homeowner’s state there is more satisfaction in owning your own home.
  • Do better on school achievement tests, graduate at a higher rate, have fewer behavioral problems, and enjoy a better social environment living in an owned home.
  • They score 9% higher on math test, and about 7% higher scores for reading.
  • Children of owned home are more likely to graduate from college by 166% and postsecondary achievement by 25% higher.
  • Children living in owned homes have fewer behavioral problems than those children living in rented homes.
  • Once in a career children of owned homes are less likely to rely on welfare.
  • Quality home environment yields a 13 to 23% higher both physically and emotionally.
  • Renters’ children experience an average poverty rate of 24%, compared with 18% for homeowners’ children do.
  • Children of homeowners are 59% more often home owners themselves.


Home Ownership benefits you & the Economy

  • Homeownership is a great economic stimulus in every level of society.
  • Mortgage tax deduction.
  • Equity factor; retirement
  • Fund children’s’ college tuition using your home as a leverage.
  • Home equity is one of the largest sources of collateral for bank loans; starts new business.
  • Three times more likely to own a business as renters.

Neighborhood benefits

  • Larger benefit to landlords as residence because a high rate of homeownership creates positive social benefits.
  • Homeowners are willing to pay more for home in a neighborhood with a higher homeowner rate.

Homeowners v. Renters

Overall Voter Participation 25 percent higher

Ability to Identify Congress Member 10 percent higher

Ability to Identify School Board Head 9 percent higher

Voter Participation in Local Elections 15 percent higher

Work to Solve Local Problems 6 percent higher

Garden 12 percent higher

Contribute to Church $150 more per year

Members of Non-Profession Organizations .25 more

For more information on these studies please contact author of this article.

Foot note: (Harkness and Newman 2003). (Haurin, Parcel, Haurin 2000). (Coulson, Hwang, and Imai 2003).

Link to Graph of home ownership trends by the DRE:


Ask for a coupon to get $500.00 off of your escrow fees when you buy or Sell a home with Renee Baccaro (Lic. 01718366) of Prudential California Realty and Team: The Real Estate Geeks. We have sold over 50 homes a year which includes over % Short Sales. Call or email us to get more information on listing your home, or buying a home.

One per famly/person/escrow only. Expires 12/31/2010

Renee Baccaro Realtor

(562) 972-9886 cell (no soliciting – will report)



Raising consciousness in business links

Economics acording the the Vedic way link:

Deepak Chopra’s (and other Spiritual Teachers), word on being Spiritual in Business:

I hope you enjoy these!


Renee Baccaro

News in real estate The good,bad, and not so bad…


Irvine woman sues over loan modification ‘hoax’

Posted on 18 September 2010

An Irvine homeowner is suing a large national mortgage servicing company, saying they perpetrated a “loan modification hoax” and committed fraud by promising but never granting her a permanent home loan modification..Jean C. Wilcox, who also is a… View full post on The Orange County Register – News Headlines : City Pages

read the rest of the story at:

*Fullerton Market still has their Farmer Market with music till the last thursday in October!


*Stocks edge higher on positive tech earnings news   F.L.O.W. for the love of water. Continue reading

End of Summer Buyer Slow-Down

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The end of the summer usually brings a slow down of buyers for all of the obvious reasons; The new school year preparation; last week to take a family vacation; The idea of moving in a hot September is too much to handle; and of course the big one Will the prices of homes come down even MORE that they already have?  Of course no one really know the answer to that last question…really! What we do know for certain is that the interest rates are in the 4 percent range and they will not stay there for ever. It takes time to get a pre approval these days because it is much more detailed than in the past. In that amount of time you could lose a point. If you are going to purchase a home in the next few months and wish to have a cozy situated home for Holidays…then now is the time to do so. When no one else is out there and you have your pick of the surplus homes just waiting for the right buyer. This of course will give you buying POWER in your negotiations. Give me a call and let’s get this show on the road! I know the bank owned asset managers are giving larger closing costs to get homes off their books. They realize they do not have the power they had at the beginning of summer.