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.



Interest Rate Still Low   This is the fourth consecutive week of lower interest rates.  The 15 year loans are at record lows according to a survey by lenders the rate is now at 2.61.  The 30 yr fixed loan is now on average at 3.40 percent.  The the amount of up or down swing is really quite small...
Prices are going UP UP UP in California   Data quick reported its statestics for California in the month of March.  Our paices are going up each month and it was not any different this March.  They went up 8.3% in a single month.  However, year over year we have seen a 24.7 percent.  These type o...
4 County 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 March 28, 2013   Average List Price for active listings Median List Price f...
Mortgage Rates Are Low I know that the mortgage rates (for a 30 yr fixed) have ticked up to about 3.57 percent from Freddie Mac's weekly survey with 0.8 points.  That is up from 3.54 percent.  But really that is such a small increase it is not going to effect the purchase of a home for most home ...

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.