Irvine homes attract buyers
Ninety-five of the 236 models comprising Stonegate East’s neighborhoods of Santa Rosa, Los Altos and Capistrano have already been sold — many of them before the models were completed, said Daniel Young, president of the Irvine Co. Community Development and Irvine Pacific, which opened the new subdivisions Los Altos and Capistrano.

Survey: Fixed loan rates increase
That was up from 4.46% a week earlier and 4.17% in the survey released Nov. 11. Borrowers would have paid 0.7% of the loan amount on average in upfront lender fees and points in this week’s survey compared with 0.8% four weeks ago, Freddie said..

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Sunset group sues over annexation
A Sunset Beach citizens group has filed a lawsuit against Huntington Beach and a county commission, demanding that the city and county either negate the recent annexation of Sunset Beach or require a vote among the community’s residents in favor of paying new taxes.

Real Estate Matters
If we purchase another home that is more suited for her medical needs, then go to the lender on the home we currently own, can we do a deed in lieu of foreclosure? Will the lender be able to put a lien on our new home or later be able to garnish our paychecks? We are in a pickle and really need help.

IRVINE
“The Irvine Co. is among the market leaders in terms of perceiving new patterns of demand that have been dominant in the housing market and in recognition of changed economic and environmental conditions,” said Kerry Vandell, director of the Center at the UC Irvine Paul Merage School of Business.

Ask The Builder
Actually, any beam is fairly complex, whether it’s made from wood, steel, concrete or some combination of materials. Structural engineers specialize in beams like this. It takes years of schooling and additional years of practical day-to-day experience with beams to understand their limits and what goes into the calculations to size them properly.

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Things aren’t great, but they aren’t bad
n almost any enterprise, a forecast of an increase of 17.5% growth would be cause for a party. But according to the recent Chapman Economic Forecast, Orange County’s single and multiple housing 17.5% estimated permits for 2011 are not enough to offset an otherwise tepid 2011.