oren golanski: Mission Viejo Housing Affordability Heats Current Market - 05/15/17 12:51 PM
Every now and again Forbes magazine assembles what it calls its “top financial brain
power” to comment on a topic of interest. Late last week, the topic was real estate—more
specifically, the answer to the question, “Is the Real Estate Market Still Healthy?” Speaking for
our Mission Viejo real estate market, I’d have to the answer “yes.”(It’s a cinch I’ll never be asked
by Forbes to join the panel because a one-word answer doesn’t make for a very long article).
Their panelists did better at elaborating. They voiced a couple of blanket observations on
homeownership in today’s market, then settled on some reassuring points on housing affordability.
Their … (0 comments)

oren golanski: Real Estate Investing in Tustin Now Easier than Ever - 05/15/17 12:49 PM
Has technology made investing in Tustin real estate easier? Entrepreneur Magazine has
supplied an answer to warm the heart of any Tustin REALTOR® (like yours truly). They say investing
in real estate isn’t just easier—it’s grown significantly easier. The reason is the medium we’re
communicating through right now.
“7 Reasons NOW Is a Great Time to Invest in Real Estate” was the title of the essay. The
screaming “NOW” was the initial attention-getter, although the single one of the 7 Reasons that
had me nodding my head didn’t deal with interest rates or bankers’ current awakening from their
previous lending lethargy. It wasn’t any of the points dealing … (0 comments)

oren golanski: Selling Your Lake Forest Home: Beyond Marketing - 05/15/17 12:46 PM
Selling your Lake Forest home takes marketing, of course. Highlighting its features—the
specific details that the Lake Forest MLS lists for every property—is only the beginning. The
number of bedrooms, square footage, lot size—even the architectural style—all help buyers
eliminate offerings that won’t satisfy their housing requirements.
These are quantitative marketing specifics that qualify a residence. Most have numbers
attached. They’re also the basis for the “comps” that the bank or other mortgage lender will use to
estimate your property’s market value. But they are only the first step in selling your Lake Forest
home. They can (hopefully, will) interest buyers—but they don’t do much more than that.
What’s … (0 comments)

oren golanski: Mission Viejo Homeowners (and Their Hefty Tax Advantages) - 05/15/17 12:37 PM
As this season’s controversies swirl through Washington, one of them seems likely to wind
up being at the top of the heap: federal income taxes. Whether or not they will be simplified
(hopefully) or lowered (ummm—probably?) will be sorted out in due time, but one detail is a lead
pipe cinch: when the dust clears, the real estate tax advantage will remain.
If any politician is thinking about eliminating the real estate tax advantage, he or she is
wisely being very quiet about it. For good reason: that’s an idea that would probably lead to a
quick retirement from public life courtesy of many displeased voters. Certainly, … (0 comments)

oren golanski: Next for Lake Forest Trailblazers: Shipping Container Homes? - 05/15/17 12:30 PM
I don’t know about you, but when I used to hear the term “affordable housing” I’d think of
value-priced Lake Forest condominium listings, some of the nicer area mobile home parks, or
maybe fixer-uppers likely to be snatched up by professional house flippers (ultimately to become
slightly less affordable housing).
When I heard “affordable housing,” I did not think “packing crate.” Nor did I think,
“steamer trunk” or “storage unit.” That turns out to be entirely appropriate; nobody is volunteering
to live in those.
Where I missed the boat was that I did not think, “shipping container.”
But that was then—this, as they say, is now. Those simpler days … (0 comments)

oren golanski: Tustin Home Loan Rates React to Fed Announcement - 05/15/17 12:25 PM
Last week, local home loan observers were hardly surprised by the news that the Fed’s key
borrowing rate—the one that’s most important where Tustin home loan interest rates are concerned
—was left as-is. At least for the moment.
What that indicated to most educated guessers was that the previous three months’ worth of
relatively weak economic news was probably behind the decision not to raise rates. The economic
news may not have been all that weak, but it was shaky enough to provide more good news when
it comes to Tustin home loans—still remarkably (and happily) hugging the bottom of the 4%
The reason it’s fair to call … (1 comments)

oren golanski: Credit Scores Remain Central to Mission Viejo Real Estate Dealings - 05/15/17 12:19 PM
If you’re a typical Mission Viejo consumer, like most California residents, it wasn’t too long
ago that you were being constantly bombarded by offers to let you in on a secret: your credit score.
The “free credit score” ads got a lot of responses, but lately, they’ve grown scarcer. I think I know
It used to be that thrift-minded people shied away from plastic because it made overspending
too easy. Today, ubiquitous credit card bonus points and associated discounts and freebies make
the opposite true. After all, taking a vacation without using at least some of your credit card airline
“miles” or hotel “points” seems more careless … (0 comments)

oren golanski: Rating Tustin Houses for Sale with the SLAM List - 05/15/17 12:17 PM
It’s called SLAM: an abbreviated approach that helps Tustin house hunters to quickly sort
through listed houses for sale. Tustin homes that compare well using the SLAM categories warrant
further investigation.
The four parts of the SLAM list:
Schools. The eventual resale value of a candidate property isn’t usually given much
consideration early on—but should be. A major issue when it comes to resale is the
neighborhood’s school district rating. Schools head the SLAM list because—especially for those
who don’t have school-aged children—the quality of a property’s school district is easy to
overlook. It can also be an indicator of other community quality issues.
Location. It’s the key element that … (0 comments)

oren golanski: Lake Forest Home Equity—a Perpetual Salary Machine - 05/15/17 12:11 PM
You might have had a science teacher who explained to the class why perpetual motion
machines aren’t possible. He would have had some common sense to back up his point
(everybody knows nothing lasts forever). But the actual scientific explanation had to do with
physics and Newton’s Laws: in the end, perpetual motion just isn’t in the cards.
When it comes to real estate, however, for a lot of happy residents, their Lake Forest home
equity comes awfully close to being a kind of perpetual income machine.
There may not be a Newton’s Law of Retirement Motion, but for anybody planning their
long-term future security, there should be. … (0 comments)

oren golanski: Four Traits that Aid Mission Viejo Homebuyers - 04/03/17 09:44 AM
The Rorschach (or inkblot) test is the one where a psychologist shows you a series of pictures
that seem to be random black-and-white splatters. The shrink asks you what you think they look
like. What you “see” in the inkblots tells something about who you are—how you look at things.
If someone were to create a pack of inkblots to test for who would be best suited for the
tasks facing Mission Viejo homebuyers, they’d be designed to pinpoint character traits that come
in handy during a typical homebuyer’s quest. I don’t know how Dr. Rorschach came up with the
shapes he chose (what was he thinking?)—but … (0 comments)

oren golanski: April Can Be a Timely Entry Point for Tustin Listings - 04/03/17 09:16 AM
It’s April—a time of year when area homeowners who haven’t yet added their homes to the
Tustin listings may have a legitimate question about whether it’s too late to benefit from the spring
selling season. This year, they may also be concerned that the rise in mortgage interest rates could
discourage prospective buyers.
The answer to the first question is a qualified not—not too late! The only qualification has
to do with the condition of the property itself. If it can be put into sound showable condition within
a month or so, this is an excellent time to jump into the Tustin listings—for a number of reasons.
We … (1 comments)

oren golanski: Will House Sales in Tustin Match “Soaring” U.S. Rate? - 04/02/17 08:50 AM
Tustin house sales do usually respond in the seasonal pattern that is familiar in most other
areas. Spring and summer lead the way for weather-related, financial, school scheduling and other
family-related reasons. From now into well past July (and sometimes even August), house sales
activity can be counted on to peak. Those are the normal expectations.
But when any segment of U.S. house sales numbers quadruple expectations even before
spring bulbs see daylight, that’s worthy of special attention. That was the case last Thursday when
the Commerce Department reported that in February, purchases of newly built homes rose by more
than 6%. Since The Wall Street Journal’s panel … (0 comments)

oren golanski: Rental Properties in Lake Forest and Some Magic Stagecraft - 04/02/17 08:46 AM
Striving to become a prudent person is a laudable goal—one usually only achieved after
impetuous youthful misadventures have taught the wisdom of prudence. Caution—particularly in
financial matters—may seem to be synonymous with prudence—but they aren’t always the same
thing. Especially when there are magicians at work.
An example of that can be found in the way most people think about Lake Forest rental
properties. There’s no sleight-of-hand from the landlord’s point of view: few would argue with the
proposition that rental properties are a prudent form of investment.
The now-you-see-it, now-you-don’t sorcery happens when the audience (in this case,
renters) view the same proposition: buying a home instead of … (0 comments)

oren golanski: Pricing a Home in Mission Viejo from Both Sides Now - 04/02/17 08:42 AM
When it comes to the reality of pricing a home in Mission Viejo, it’s natural that buyer’s and
seller’s points of view reflect their different roles and objective. In a way, they are mirror images
of each another.
From the seller’s point of view, pricing their Mission Viejo home starts out from the reality
check of the “comps”—the prices registered in recent comparable neighborhood sales. From there,
the pricing decision revolves around the tradeoff between maximum asking price versus the desire
for a speedy sale. Even if there is no time pressure at all, serious sellers will still set the asking
price below a level that indicates disregard … (0 comments)

oren golanski: Lake Forest Relocation Tips: Nuts and Bolts of the Move - 03/08/17 06:20 AM
 If you go looking for new ideas to make a relocation to or from Lake Forest easier, it’s amazing how often the words “stress” and “relocation” appear in the same paragraph. The most universally agreed-upon method is to separate the two by hiring relocation professionals—not surprising since many of the most-read articles are authored by people involved in the industry. But the runners-up when it comes to relocation are either work-related (for those who are making the move to change jobs) or moving-related (the nuts and bolts of a household move).
Since I’m involved in moving-day drama reduction on behalf of my … (1 comments)

oren golanski: Tustin Mortgage Rates Yo-yo Again - 03/08/17 06:18 AM
 Keeping an eye on Tustin mortgage rates is a useful pastime for anyone who tracks local home sales because of the immediate effect they have on affordability. It can’t get much more immediate than the “projected monthly payment” numbers that calculators come up with alongside an online listing. Those instant calculations include tax and insurance estimates, but those change rarely. The mortgage rates, are always on the move.
Last Thursday, the Washington Post’s headline ran above a photo of Freddie Mac’s massive DC headquarters:
“Mortgage rates fall amid fears of rising inflation.”
That kind of news is always good for Tustin home buyers and … (0 comments)

oren golanski: Future Mission Viejo Homeowners & Down Payment Misinformation - 03/08/17 06:13 AM
It turns out that the run of admirable national and Mission Viejo home sales advances have been pulled off despite a couple of strong countercurrents. At least that’s the theme that emerges from last month’s Aspiring Home Buyers Profile report, which supplied one obvious and one not-so-obvious widespread beliefs among would-be future homeowners.
Mission Viejo home buyers are always a mix of current homeowners (who will usually also be selling) and first-timers. Among the latter group, a major drag on their willingness and ability to invest in their own Mission Viejo home is the student debt phenomenon. Enough has been written about … (0 comments)

oren golanski: Listings in Tustin Present a Fair (but Annoying) Challenge - 02/27/17 06:10 AM
Today’s Tustin listings represent a gigantic leap forward in terms of market efficiency. It’s
hard to imagine a speedier and more convenient way for prospective home buyers to examine the
array of Tustin properties currently being offered. For the sellers, too, the Tustin listings provide a
matchless system for examining the neighborhood competition. In a matter of minutes,
homeowners can make certain that their offering is positioned in line with what the current market
The Tustin listings are also extremely fair in how local homes for sale are presented. On
most sites, properties are given the same amount of space in blocks that are scrupulously identical.
Since every … (1 comments)

oren golanski: Now Begins Official Mission Viejo Deck-Ponder Season - 02/27/17 06:01 AM
Checking the calendar, spring won’t officially kick off until March 20 when the celestial
equinox happens. That same Monday will also officially signal the start of Mission Viejo’s annual
real estate “hot” selling season. And although Major League Baseball’s first pitch won’t be hurled
until two more weeks have passed, March 20 will also coincide with what starts today—which I
designate as the kickoff to Mission Viejo’s Deck-Ponder Season (DPS).
Deck-Ponder Season is that period during which Mission Viejo’s homeowners (and even
some extremely conscientious renters) take a look outside and begin weighing alternative
strategies for dealing with the backyard deck. This is a period every year that … (0 comments)

oren golanski: 6 Ways to Zero in on the Lowest Lake Forest Mortgage Rates - 02/27/17 05:48 AM
Without knowing it, many people develop something akin to a split personality when it
comes to buying a home. In the beginning, as they pursue their ideal Lake Forest house, they
automatically assume an unabashedly active role. Nobody has to tell them that they’re the boss in
the process—since they are the customer, they correctly expect to be in total command of the
house hunting process. They develop their unique wish list and ultimately decide which property
best satisfies it.
But then a split can develop. The active, in-charge commander often does an about-face
when it comes to the nuts and bolts of the next step: securing the … (2 comments)

Oren  Golanski, OGolanski (The Associates Realty Group)

Oren Golanski


Tustin, CA

More about me…

The Associates Realty Group

Address: 15901 Frederick Road, Rockville, MD, 20855

Mobile: (949) 444-2127

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