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tips: How should a home seller approach the housing market? - 02/26/08 04:36 PM
I will stick to my simple message for over a year now:  do not place your home on the market unless you undeniably have to sell.  It is all about location, price, condition and patience.  Price is based upon a home's location and condition.  As a homeowner, you only have control … (0 comments)

tips: How should a home buyer approach the housing market? - 02/26/08 04:35 PM
Quite simply, do NOT wait for the bottom of the market.  Nobody is going to ring a bell to signal the point at which we reach that bottom.  We will not know the precise bottom until months after it has already occurred.  Take solace in the fact that the conditions are … (0 comments)

tips: How should a home seller approach the housing market? - 02/12/08 08:31 PM
The message is simple:  do not place your home on the market unless you unequivocally have to sell.  It will take a great price, great condition and plenty of time to sell.  So, price according to the market and the comparable sales and escrow data.  Make every attempt to offer a … (0 comments)

tips: How should a home buyer approach the housing market? - 02/12/08 08:30 PM
With the Federal Reserve, the White House, Congress, our governor, Arnold Schwarzenegger, and the California legislature working to repair the ailing housing market, and the passing of the economic stimulus bill, a bottom to this market is on the horizon.  But, as a buyer, understand that nobody is going to ring … (0 comments)

tips: How should a home seller approach the housing market? - 01/26/08 08:10 PM
For sellers, do not become overzealous given the latest developments.  Given last month's demand, there are still 14,026 sellers who will not be successful in selling their homes over the course of the next month.  There is tremendous competition, which includes sellers who are upside down on their loans and bank … (0 comments)

tips: How should a home buyer approach the housing market? - 01/26/08 08:09 PM
If you are a buyer, the economic stimulus package is designed to stimulate you.  You are the beneficiary of legislation that increases your borrowing capacity, coupled with rates that drop your monthly obligation.  For a buyer it's the perfect storm: historically low rates, increased loan limits for both conventional and FHA … (0 comments)

tips: How should a home buyer approach the Orange County Real Estate market? - 11/04/07 03:53 AM
If you plan on owning your home for more than just a few years, rest assured that Southern California is not just a popular worldwide destination, it’s an excellent long term investment. It is important to note that you cannot believe everything you hear or read in the media:
"The … (0 comments)

tips: How should a home seller approach the Orange County real estate market? - 11/04/07 03:45 AM
There are a lot of people who now have to sell because of economic circumstances where they simply can no longer afford their home because of recent adjustable mortgage rate resets. These sellers, short sale sellers and the banks that are foreclosing on homes really must sell. For sellers within … (0 comments)

tips: What can we expect from the real estate market in Orange County for the remainder of the year and the beginning of 2008? - 11/04/07 03:34 AM
Demand has continued its slow, but methodical rise over the past month as jumbo loan rates have dropped and confidence in our financial markets slowly returns. We can look for demand to continue to slowly ascend. Thus, the slowest time of the year is actually already in our rear view mirror, … (0 comments)

tips: Is your listing agent in sales prevention mode? - 10/30/07 06:43 PM
I took some clients out today to preview some properties in the $2.5 - $3 million range.  Understandably, homeowners in that price point would prefer to have showings by appointment only for a couple of reasons:
they want to ensure that their prized belongings don't disappear their agent can point out some of … (2 comments)

tips: How should a home seller approach the Orange County real estate market? - 10/25/07 08:51 PM
It is worth repeating at every opportunity, as a homeowner in Orange County, if you do not have to sell, then don't. If you would like to sell, don't. Sell only if you absolutely must sell. There is simply way too much competition on the market and a lot of people … (0 comments)

tips: How should a home buyer approach the Orange County Real Estate market? - 10/25/07 08:48 PM
To many, it sounds like I am speaking out of both side of my mouth when I inform the general public that we are going into one of THE best times to buy in years. Shoot, I am in the real estate industry, why wouldn’t I say buy now, it is … (0 comments)

tips: How should a home seller approach the real estate market? - 09/24/07 10:41 PM
If you don't have to sell, don't.  If you would like to sell, don't.  Homeowners should only look to sell their homes ONLY IF they absolutely MUST sell.  There are 17,898 homes on the market and 1,180 new escrows within the prior month.  Given current demand, 16,718 homeowners will NOT be … (0 comments)

tips: How should a home buyer approach the real estate market? - 09/24/07 10:39 PM
The perfect storm is brewing: rates are falling, prices are coming down, there is little to no competition among buyers and we are fast approaching the Holiday or Winter market.  This IS the buying season.  Many will tell you to wait.  Others will accuse me of bias because I am in … (0 comments)

 

Garry Loss

Laguna Beach, CA

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The OC Coastal Group

Address: 33522 Niguel Road, Monarch Beach, CA, 92629

Office Phone: (888) 622-8439

Cell Phone: (949) 235-3474

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Orange County California Real Estate News, Market Conditions, Economy, Tips for Buyers, Sellers, Homeowners and Investors and Thoughts and Musings.


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