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.

ARCHIVED BLOG POSTS

2011 

Large banks received large bailouts and many think that banks have too much power.  Gallup Poll found that Americans think that lobbyists, major corporations, banks and the federal government have too much power. 67 percent of those polled said that the banks and financial institutions have too m...
04/17/2011
We have new numbers (data) from CoreLogic on Orange County, "are you feeling lucky 7.11%"?  I always heard that 7 and 11 were great numbers and we have them both.  7.11 percent of the counties homes are delinquent.  The home owners are 90 days late or longer on their home loans. The county has 10...
04/17/2011
Area Market Report By Mision Viejo Realtor 4/17/2011 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 5.0 percent, for new homes it is up 6.6 percent and for resale condos down 2.8 per...
04/17/2011
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It is Palm Sunday and the day that Jesus was herald the people's choice to be king.  He road into town on a donkey and the people shouted wonderful things.  The placed palm branches on the road ahead of him.  It is the time in his life that he is lifted high by the masses. It is just one week unt...
04/17/2011
Ok it is close to tax time and Harrison has the information.  If you or your client were involved in a short sale of Real Estate then it is important to know that in income tax relief for those clients.  Home sellers should get professional tax advice and plan for possible income tax relief after...
04/13/2011
For some it is just impossible and for others we can make magic.  It takes something that sparks the energy within us.  Here is what I feel helps us move on.Whether your plan is to become a world class cellist, the #1 Realtor in your city, or to build the first worldwide chain of espresso shops, ...
04/13/2011
My last message was that we closed a short sale after 40 days.  Today we have our next closing scheduled.  A short sale in Dana Point that has taken over 1 year and a couple of buyers to sell.  We opened escrow and will close in 2 weeks. The buyers on this one came in after the 1st and 2nd buyer ...
04/12/2011
Some ask how does a foreclosure or a short sale effect my credit score.  With the credit score and the effects on purchasing a home in the future.  Well here is the way most lenders look at the problem.   A short sale and a foreclosure are seen as the same in terms of a credit score. Both will lo...
04/11/2011
I enjoy giving you a glimpse in the housing inventory just a snapshot of what is going on here in Southern California as of March 28,2011 We hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the spec...
04/10/2011
The Mission Viejo swim team known as the Nadadores are a force to be reconed with.  They have a proud tradition of being one of the best teams in the country.  Two of the teams individuals have made it to the 2011 World Championship meet that will start in July in Shanghai China.  The two are Chl...
04/10/2011
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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.