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
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10/30/2007
I was sitting on my front deck last night until about 3 a.m. watching the fires blaze at Camp Pendleton which is about 10 miles south of my house. It was truely a frightening, yet strangely compelling thing to watch. Click on a thumbnail below to view: The OC Coastal GroupHomes of DistinctionGa
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10/25/2007
With Halloween fast approaching, the absolute prime buying season is at our doorstep - the Holiday market, from Halloween through the first few weeks of the New Year. Throw into that mix a drop in rates, choices not seen for buyers in years and a ton of pressure on pricing. The end result is it’
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10/25/2007
It appears as if the bottom of the financial crunch hit a couple of weeks ago. Demand, the number of escrows placed into escrow within the prior month, increased from 1,113 homes two weeks ago to 1,175 homes today, that’s an increase of 62 homes, or a 5.6% increase. The current active inventory d
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10/25/2007
Currently, short sales and foreclosures in Orange County account for 13% of the active inventory, up from 12% two weeks ago, and 15% of all escrows opened within the prior month, unchanged in two weeks. Of all the short sales and foreclosures currently on the market, 59% are below $500,000, up fr
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10/25/2007
We are realizing a bit of an increase in demand as more and more jumbo loan buyers reemerge in the market. As rates for jumbo loans start dropping, we can expect this trend to continue. Demand really cannot drop much from its current levels; it is what can be referred to as inherent demand, thos
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10/25/2007
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 that really must sell because th
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10/25/2007
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 in my own best interest, right? Not so fast. Rates are dropp
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10/25/2007
Click on the thumbnail below to view time on market trends by city: Click on the thumbnail below to view time on market trends by price range: The OC Coastal Group Homes of Distinction Garry Loss Principal / REALTOR 888-OCC-Views http://www.theoccoastalgroup.com
10/25/2007
