The Moeller Team Blog
As a CPA and Realtor, I provide my clients and Real Estates associates insight into both tax issues and market issues impacting our industry.
ARCHIVED BLOG POSTS
2009
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ORANGE COUNTY - OVERALL Supply is low. There are currently 9,184 homes on the market in Orange County. This is the lowest we've seen since early 2006. Two years ago, inventory was nearly 17,000 and cobwebs were forming on for sale signs across the county. The reduction of inventory is the result ...
06/27/2009
Did you know ... 82.5% of all statistics are made up on the spot? Don't worry about remembering the number, because there is 93.2% chance I will change it next time. In our industry, numbers and statistics help us understand our market, project sales and make educated predictions about the futu...
06/26/2009
Dear Nancy and Todd, We wanted to express our thanks for assisting us in finding our new home. Being first-time buyers, we were searching for a realtor who was able to guide us through the process of home buying and financing. We were initially impressed with your down to earth nature, your kno...
06/25/2009
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I can't remember the details of the episode, but I'm often reminded of the title and point of an old Twilight Zone episode titled, "How to Serve Humans". In the story, the main character believes that aliens refer to the manual, "How to Serve Humans" to learn how to be of better service to humans...
06/24/2009
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For our clients and friends who urged us to design an ad that did not look like a standard "Realtor Ad", we thank you for your encouragement and hope you like the new concept. Our slogal is "It takes more than a sign in the yard to sell real estate", and as always, we welcome your input. It is sc...
06/19/2009
California - No wonder we're bankrupt ... In Orange County this morning, there are 410 bank owned properties on the market, 998 in escrow and 675 closed in the last 30 days. Our buyer clients are making offers at or above list price and competing against an overwhelming wave of demand for forec...
06/14/2009
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For homes under $500,000 in Orange County, we have experienced a market shift. Demand is up 45% over last year and at levels not seen since 2005, supply is shrinking and buyers are competing for the same properties. In addition, interest rates are low, tax credits are still in place and prices se...
06/06/2009
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They have been going back and forth on this issue, and now we have some good news for first time homebuyers: On May 29, 2009, HUD announced that the $8000 tax credit for 1st time homebuyers CAN be used to offset down payment and/or closing costs on FHA insured mortgages. "FHA will permit entities...
06/03/2009
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Every market shift creates new opportunities for different people. In today's market and in this article, the group is "move up" home buyers. These are people with growing families or growing dreams who would like to sell their home valued under $500,000 and buy a property priced over $500,000. I...
06/02/2009
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This morning (Saturday) I am writing during a rental open house. We hold rental open houses for our investor clients to help them find tenants for their newly purchased investment properties. Unlike open houses for sale properties, we find that rental open houses are highly effective for finding ...
06/01/2009
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