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.



Orange County Home Sales and Prices Are Down The Orange County home sales and prices are down which showes the weekness in the market.  Prices dropped in November, spurring more buyers into action in the Orange County market.  We are all seeing a counter to the usual trend sales are increasing in...
Job market is predicted to get better first quarter of 2012 Orange County to add more jobs.  Manpower Employment Outlook Survey relessed a week ago stated that in the 1st quarter we would see and increase in hiring in Orange County. The results show that 18 percent are going to add jobs while 8 p...
  Positive Economic News For Orange County November was the sixth straight monthly increase in retail sales another positive economic news for Orange County.  Retail sales rose 0.2 percent in November, the Commerce Department said.  That was a lower gain than October's gain which was 0.06.  This ...
4 Counties In Southern California Snapshot 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 specified date. Housing Inventory Snapshot November 27, 2011   Average List Price Median List Price...
Robo-Signing Case Witness Found Dead In the first case on "robo-signing" in the nation 2 Orange County title officers had a strange twist.  A notary public who was to testify in the massive "robo-signing" case was found dead in her Las Vegas home.  Tracy Lawrence plead guilty in the alleged "robo...
Fewer Homes Are Worth Less Than Mortgage 14 percent of the Orange County homes are worth less than their mortgage.  The drop has occurred over the last two years according to CoreLogic.  At the end of the third quarter approximatly 1/6 or the homes were upside down.  17.6 percent of all homes in ...
Another inventory challenge for Orange County, CA, which is a positive for the seller.  The inventory hit a low not seen since 2006 down 371 homes in two weeks total of 9172 homes for sale.  Many seller's take their homes off the market during the holidays,which could to cause a drop in inventory...
Mision Viejo, Real Estate Agent Tim Lorenz, Area Market Report 12/04/2011 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 10.6 percent, for new homes it is down 0.1 percent and for re...

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.