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

2009 

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The Orange County Register's Jonathan Lansner and Jeff Collins interviewed experts and they talked. The common theme was that the market would have a modest continuation of the mild housing recovery we've witnessed in recent months.  The 13 experts that talked were asked what bothered them. 1. On...
10/31/2009
This was not a good sign.  Buyre confidence slides mainly because of their concern about jobs and the are also worried about cut backs.  Stocks may be looking up, but the Americans just can't put aside their wories concerning their jobs.  Consumer Confidence fell in October.  It came in well belo...
10/29/2009
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Corona del Mar home to get on TV as a cameo.  The home will appear on Bravo TV's Million Dollar Listing this season.  The with and asking price of 7.35 million the oceanfront home at 2717 Shell St in Corona del Mar in China Cove. Although the home focuses on ritzy markets like Beverly Hills and M...
10/29/2009
  This weeks market report for Mission Viejo and surrounding areas shows that Orange County Median Prices for the resale homes were up 6.4 percent, for new homes it is down 0.8 percent and for resale condos up 3.8 percent.  The sales volume is up for resale homes 4.9 percent and up 7.6 percent o...
10/26/2009
Market Report for Mission Viejo area This weeks market report for Mission Viejo and surrounding areas shows that Orange County Median Prices for the resale homes were up 6.4 percent, for new homes it is down 0.8 percent and for resale condos up 3.8 percent.  The sales volume is up for resale home...
10/25/2009
First American CoreLogic predict that house prices will jumb 7.9 percent in a year.  The stated that the prices will stop falling in March of 2010 and are projected to jump up 4.6 percent by August 2010. In California the rate of appreciation will be even higher:  Up 7.9 percent from this August....
10/25/2009
 Orange County home sale prices gains are holding.  Orange County's median home prices are on tract for the eight month of gains and holding.  The sales numbers that include the begining of October show more increases.  The year over year home prices show gains and they are holding.  These gains ...
10/25/2009
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The September numbers show that we had the largest up tic in resale home sales in 26 years.  Resale home sales are up 9.4 percent just as the tax credit is about to expire.  Resale home sales jumped up 9.4 percent to a sensonally adjusted anual rate of 5.57 million last month.  In August we were ...
10/24/2009
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New home sales are up 42 percent in the Orange County Area.  The new home sales are up and that is good new for the area.  Is this the recovery?  No one is ready to state that but it is a good sign. The short sale and bank owned properties have been leading the way but now we have new home sales ...
10/23/2009
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The average rents fall $80 a month in Orange County as we fall back to 2006 levels.  The oversupply of apartment units was reported by apartment tracker RealFacts.  The average rents fall in Orange County's larger apartment complexes in the third quarter down $80 a month or 5 percent in a year.  ...
10/23/2009
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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.