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

2012 

5 Via Viento, Rancho Santa Margarita Sold and Closed This property closed for more that $45,000 more than the last sale of a similar home in the area.  We had multiple offers and they buyer had to bring in cash above the appraised value.  So if you are wondering if the market has changed this sh...
09/09/2012
30 Year Fixed Rate Mortgage Drop 2nd Week After 4 week of increasing interest rates we have the second week of dropping interest rates for a 30 year fixed.  They are dropping for other also.  To put into perspective a year ago the interest rates were for a 30 yr fixed were 4.12 to 3.55 Freddie Ma...
09/09/2012
Tim Lorenz a Mission Viejo Realtor Market Report 9/9/2012 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 4.5 percent, for new homes it is up 1 percent and for resale condos up 10.5 per...
09/09/2012
Monthly we put out a statistical snapshot of the Southern California real estate marekt.  The purpose is to help you understand the broader picture of the real estate market.  Therefore, when we see the local statistics we can get a real idea of how the local compares to Southern California. We h...
09/05/2012
Have a Happy Labor Day Today it is a time to look at the work we have done and realize that we are being cheered for the labor it takes to be successful.  It takes a lot of personal sacrifice to do a good job. It takes a lot of focus to do a good job. It takes a personal dedication to the task at...
09/03/2012
A Flood At My Office A little over a two months ago a water main broke on top of the hill behind our building at about 5:00 AM.  The water flowed down the parking lot to the rear door and window.  That was my office in the building.  I received a call from one of the Realtors in the office tellin...
09/02/2012
Tim Lorenz a Mission Viejo Realtor Market Report  9/2/2012 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 3.1 percent, for new homes it is up 6.6 percent and for resale condos up 12.3 ...
09/02/2012
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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.