An Insider's Look at Real Estate
This blog will post interesting views of the Real Estate Profession and have information to the buyers and sellers in the area.
ARCHIVED BLOG POSTS
2009
It takes a little over 1.1 months to sell a home in Lake Forest the shortest time in Orange County. The difference is amazing it is about 20% faster than it was 2 weeks ago and better than 60% faster than a year ago. The average home this past week was priced at a little over $546,000. As my b...
08/30/2009
Have you ever though about how much you need to retire from work? Real Estate could make sense for a great retirement vehicle. Lets look at what you can do. If you can purchase a home at a low price and pay it off in 10 to 15 years or if you purchase the home cash. In our area, each home will...
08/28/2009
Last night I went to bed knowing that Palos Verdes and Flintridge and Hemit were all dealing with fires. It is a tribute to our firemen and women who fought the fires all night. This morning the air assult is on the way and thank god there is little to no wind. It is much better. Please be car...
08/28/2009
President Obama as you probably know decided to stay with Bernanke as the Chairman of the Federal Reserve Board. We are still in a recession and the administration is trying to keep some continuity to the market place. There are still high expectations that the correct moves have been made and ...
08/27/2009
California Association of Realtors said Orange County's median selling price in July was $500,210 up 2.4 percent from June. It is down 6.9 percent from a year ago. The positive note is that we have gone up in value for 5 out of the last six months this could be a trend. It is well known that ...
08/27/2009
Yesterday, some statistics came out to show that the movement is in the lower market. The slow markets in Orange County ar in Laguna Beach and Newport Beach because the homes are expensive and that market is the one laging behind. If you look at Orange County as a whole you will find prices st...
08/27/2009
If you did not read the article the supply of homes for sale in Orange County is shrinking. We have been watching the inventory in the county drop and it is now half of what it was two years ago. We have dropped over 1000 properties since May. This causes multiple offers on homes and modest in...
08/26/2009
With the affordability index at the highest level in history it's no wonder so many first time buyers are deciding now is the time to buy a home. Parents are co-mortgaging with their children to help them take advantage of the opportunities in real estate today. The question is, how and who quali...
08/25/2009
Today looking at the statistics in The Orange County Register in Laguna Niguel we had more sales than in the recent past. Over 105 sales in the city and a jump of 32.9% in sales in the last month. Mission Viejo was up 18.6% in the zip code 92692 and down 17.2% in zip code 92691. Aliso Viejo wa...
08/23/2009
A Tustin Lender had priors this is not just a view from a Mission Viejo Realtor. The Orange County Register showed that a Tustin lender Medical Capital Holdings one of the Partners Sidney Field was investigated for fraud in 1991 accusations supported by interviews and documents thus he had prior...
08/23/2009
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A real estate professional and investor for over 45 yrs look at the market, the laws, the trends and the condition of the market. A runing commentary of one persons professional's opinion.