Tim Lorenz a Mission Viejo Realtor 7/29/2012 Market Report - 07/29/12 03:15 PM
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/29/2012
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 6.7 percent and for resale condos up 6.5 percent. The sales volume is up for resale homes 21.1 percent and up 13.7 percent on condos and down 17.8 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 13.0 percent and the sales volume is up 48.1 percent. Mission Viejo Zip Code 92692 sales prices are down 5.0 percent and … (23 comments)

Luxury Homes Show Increased Sales Activity - 07/22/12 09:29 AM
Luxury Homes Show Increased Sales Activity
DataQuick showed that 22 business days over 8 Orange County Zip codes with million-dollar or higher median selling prices are up.  These 8 areas are running 45% above a year ago.  If you compare that to the whole county the sales were up only 12.3%. 
Of course the hot spots are near the ocean.  It is the largest gain in 4 years.  If you were looking for a luxury home or condo near the beach contact us.
… (14 comments)

Mission Viejo Realtor Tim Lorenz 7/22/12 - 07/22/12 09:24 AM
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/22/2012
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 4.5 percent and for resale condos up 10.4 percent. The sales volume is up for resale homes 21.4 percent and up 11.2 percent on condos and down 22.6 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 7.7 percent and the sales volume is up 35.3 percent. Mission Viejo Zip Code 92692 sales prices are down 9.9 percent and … (0 comments)

Diane Keaton's Former Oceanfront Home Sold At Auction - 07/16/12 10:22 AM
Diane Keaton's Former Ocenafront Home Sold At Auction
Diane Keaton's former oceanfront estate sold after it reverted to the bank in December.  The foreclosure auction brought $8.1 million for this Shaw's Cove mission style villa.  It is the highest-paid sale in the year and the 5th in price for the city in the past two years. 
The home was built in 1928 and has the cities highest historic rating "E".  It is a 5 bedroom, 5 bath, 4390 sf home on a 12,175 sf lot, with ocean views and direct beach access. 
When Diane Keaton owned the home she purchased it for … (18 comments)

It's A Good Time To Buy But What If I Need To Sell? - 07/15/12 02:27 PM
It's A Good Time To Buy But What If I Need To Sell?
I saw an article in The Wall Street Journal by Brett Arends titled Yea! Home Prices Hitting Bottom.  Now, the Bad News.  He suggested that what may be good for some buyers could have a negative effect on others.  He talked about the drop in prices wiping out or severely reducing some homeowner's equity. 
None of us can dissagree with that because the mortgage melt down has created a huge strain on the home owners in this country.  In our area prices have been going up.  Thank goodness … (38 comments)

Tim Lorenz a Mission Viejo Realtor 7/15/2012 Market Report - 07/15/12 09:56 AM
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/15/2012
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 2.2 percent, for new homes it is up 6.2 percent and for resale condos up 8.4 percent. The sales volume is up for resale homes 17.1 percent and up 15.0 percent on condos and down 16.0 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 11.0 percent and the sales volume is up 68.2 percent. Mission Viejo Zip Code 92692 sales prices are down 7.0 percent … (4 comments)

KB Homes is building again in Irvine - 07/08/12 10:35 AM
KB Homes is building again in Irvine
KB Homes plans to start selling many new tracts in the Irvine area.  It is good to see.  We know we look at the statistics we see and know that we need more inventory.  Thank goodness the developers are once again helping and developing in the area.  It is just one more sign that the market is going well.
Thank you KB Homes for the leadership in developing more hosing for the area.
… (14 comments)

Mission Viejo Market Report Tim Lorenz Mission Viejo Realtor 7/8/2012 - 07/08/12 09:23 AM

Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/8/2012
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 2.3 percent, for new homes it is up 5.9 percent and for resale condos up 4.3 percent. The sales volume is up for resale homes 14.7 percent and up 18.3 percent on condos and down 18.4 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 1.3 percent and the sales volume is up 52.2 percent. Mission Viejo Zip Code 92692 sales prices are … (5 comments)

Enjoy this 4th of July - 07/04/12 09:36 AM
Enjoy this 4th of July

 
 

Enjoy this and have a wonderful 4th of July.  Take the time to remember the liberty that men got when the founders penned the Declaration on Independence.  We have had many die for our freedoms do not give them away for what you believe to be security.  Often we are walking into slavery.  Be cautious be independent enjoy the day.
 
http://www.youtube.com/embed/TZBTyTWOZCM
… (10 comments)

The Snapshot for June 30, 2012 - 07/03/12 09:45 PM

The Snapshot for June 30, 2012

Once again we have the report ending June 30, 2012.  It is a snapshot of four counties in Southern California.  It gives us a broader look at what is happing in the southern part of the state.
 
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.
 
 
 
… (4 comments)

Laguna Niguel 4th of July Celebration Wednesday - 07/01/12 08:17 PM
 
 
Laguna Niguel 4th of July Celebration Wednesday
 
Come take advantage of the free and always popular Summer Concert Series! Free shuttle service will be available from 4:30-10:30pm. in the City Hall Parking Lot at 30111 Crown Valley Parkway.
 
For the safety of others, please no scooters, skateboards, roller blades, pets or smoking in the event area. Alcohol is prohibited in all City parks. Please bring low chairs/blankets. Food available for purchase. See Summer Concert Series Flyer link for scheduled performances and food vendors.
 
After the concert, walk (3/4 mi. each way) to the Laguna … (8 comments)

Mission Viejo Market Report, Tim Lorenz a Mission Viejo Realtor 7/1/2012 - 07/01/12 08:03 AM
 
 
 
Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/1/2012
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 1.6 percent, for new homes it is up 5.5 percent and for resale condos up 4.7 percent. The sales volume is up for resale homes 13.5 percent and up 18.0 percent on condos and down 20.5 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 1.7 percent and the sales volume is up 17.5 percent. Mission Viejo Zip Code 92692 … (6 comments)

 
Tim Lorenz - 949 874-2247 (TIM LORENZ of Keller Williams Realty) Rainmaker_large

Tim Lorenz - 949 874-2247

Mission Viejo, CA

More about me…

TIM LORENZ of Keller Williams Realty

Address: 27101 Puerta Real, Suite 150, Mission Viejo, CA, 92691

Office Phone: (949) 282-2521

Cell Phone: (949) 874-2247

Email Me

A real estate professional and investor for over 43 yrs look at the market, the laws, the trends and the condition of the market. A runing commentary of one persons professional's opinion.


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