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
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 8/26/2012 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 up 2.0 percent, for new homes it is up 7.3 percent and for resal...
Yes After More Than A Year Short Sale Completed Yes this is a sale completed that was a short sale and it took more than a year and 4 buyers to complete. Success is an interesting thing. If all of our short sales were this difficult it would be hard to continue in the short sale business. Howe...
Good News on Interest Rates Ease Speculation continues to exist that the Federal Reserve will in its efforts to help support the U.S. economy. In doing so, investors are pumping money back into treasuries. The 10-year is down heading into the weekend and mortgage backed securities prices are sl...
Mixed News on the Economy Mortgage origination's increased for the last few weeks with 81% of loans coming from refinances. According to Citi's Mortgage Industry News. Unemployment edged up and energy prices dropped. The economy continues to show mixed signs more evidence of a slow recovery.
Yes the Interest Rates Up For the Second Week Rates are up for the second week. Freddie Mac's weekly survey shows that average 30 year fixed rate morgtgage fixed rate rose for he second week in a row. The new rate is 3.59 percent with .6 points. The 15 year fixed rate moved up also rising to 2...
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 8/19/2012 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 up 2.8 percent, for new homes it is up 4.8 percent and for resal...
Economic News of The Week In economic news, Treasuries are gaining a bit of ground from where pricing started this week. Ten-year yields are falling today by 4 basis points. This is coming on the heels of reports out of China that the country's export growth collapsed for the month of July. Wha...
My wife and I went to see 2016 last night with some friends. I was not sure what it would be. It turned out to be riveting documentary on President Obama. The quality of the production was fabulous extremely well done. It was very entertaining and informative. I do recommend it for all to see.
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 8/12/2012 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 up 3.2 percent, for new homes it is up 6.3 percent and for resal...
July's Southern California Snapshot of Real Estate Statistics Each month we put out a snapshot of 4 counties in Southern CA. This is the report for July. We hope you will find the following snapshot of local Real Estate inventory interesting. The table represe...