An Insider's Look at Real Estate

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Real Estate Agent - TIM LORENZ - Elite Home Sales Team - DRE# 00919781
This blog will post interesting views of the Real Estate Profession and have information to the buyers and sellers in the area.



QRM The federal government is proposing new mortgage finance rules only which home purchasers who can afford a minimum 20% down payment on a conventional loan would get the best interest rates and terms. Under the Dodd-Frank financial reform legislation this provision is called the qualifying res...
The Lakers lost tonight, lost again.  They are beginning to look like an old team that is a half step behind the younger guys.  Kobe turned his ankle and that could effect the team in games that are coming up.  They look like a team that does not have the heart to win. They think they can turn it...
Builders are shaky about the housing market in western U.S.  According to the Orange County Register Th e Home Builders/Wells Fargo Housing Market Index home builders have a lack of confidence in the home market. The 25 yr old index is based on a survey of home builders who are asked to rate thei...
DataQuick reported over the last four months foreclosures are on the rise.  716 homes were either sold in foreclosure sales or repossessed by lenders in March.  Up 43.5 percent from November when showed signs of a slow down.  Lenders also filed 1,793 default notices in March on Homeowners.  It is...
Area Market Report By Mision Viejo Realtor 4/24/2011 This weeks market report for Mission Viejo and surrounding areas from Mission Viejo Realtor shows that Orange County Median Prices for the resale homes were down 4.0 percent, for new homes it is up 0.0 percent and for resale condos down 3.0 per...
Dana Point set a new record 14.2 million a new high mark on a home sale.  The home is a luxury home on the ocean front in Dana Point's Strand community.  It is the highest a home has ever sold for in Dana Point.  It was origionally listed at 15.9 million. This estate sets on a 12,067 square foot ...
He is Risen.  Jesus was crusified for my sins so that you and I may have everlasting life.  If that is not enough love I do not know what one is looking for.  The thing that sets appart the Christian religion is that Christ died and then he beat death and sin. He claims to be God and he was seen ...
Bank of America Now It Is Personal to all of you who use Bank of America's on line banking they do not deliver on time and they do not live up to their guarantee.  Yes, I scheduled a payment to my storage rental and when you click on the box to pay it premises to deliver at that time.  They misse...
We need to, "get rid of the Home Affordable Modification Program" (HAMP).  It has been a massive failure.  The "TenantAccess-an REO" tells us that the banks know how much trouble the current homeowneris in.  Some of the Ex-homeowner's now find themselves in a no win situation.  With an inability ...
Homes are a great long term investment.  That is something I know from our long history of homes and their value.  I really enjoyed the recent Pew Research Center survey of 2142 adults nationwide and they found that 81 percent agreed that buying a home is the best long term investment a person ca...

Tim Lorenz

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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.