An Insider's Look at Real Estate
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
What is Professionalism? This is a very competitive business and to be successful we must compete against other agents. How do we maintain professionalism in the heat of battle? We all realize that we are all after a small pool of buyers and sellers and some of those have concepts and ideas on h...
09/06/2009
This is a harsh sign that the market is still going down in Orange County the State Board of Equalization reported on a dramatic down turn in a key variable for municipal tax collection. The total value of a property assessed by counties and the state fell 2.4 percent from the previous year. The...
09/04/2009
Many neighborhoods are showing more sales, there are more pending sales and the inventory is getting low. Normally these signs would be strong indications that the market is improving. What we actually are concerned about is the backlog of properties that are in default. The foreclosures contin...
09/04/2009
If Moody's analyst is correct the 40% we have dropped means a great buy to the person who is entering the market. There are many articles currently showing we are coming off the bottom in pricing. For first time buyers or investers that would mean a lot of growth. The economist at the Moody's c...
09/03/2009
Did you see that the Owner of the Register, Freedom Communication Inc filed for a Chapter 11 bankruptcy reorganization. The Register stated they will not close there doors and will continue to operate. At this point it is not clear if the newspaper will be sold. There will be job cuts to the em...
09/03/2009
California and the Pacific States Have the Hottest Spring Market A View from a Mission Viejo Realtor
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Freddie Mac has let us all know that pricing trends shows that the Pacific states had the strongest spring among the nine slices of the nation tracked. Pacific home values based on Freddie Mac shows that there was a 3.2% increase in the second quarter of this year. The national figuer was only ...
09/03/2009
31832 Via Coyote, Coto De Caza . Beautifully Remodeled Coto De Caza Residence Outstanding Views, Guard Gated Community One-of-a-kind Custom, Craftsman Style Home Located in Highly Desired "Village" Neighborhood Uniquely Designed Around Center Atrium 3 Bedrooms and 3 Full Bathrooms 2,450 sq. f...
09/02/2009
23 Mesquite, Wagon Wheel . Great Open Floor Plan & Model Perfect! 2 Bedroom, 1 Bathroom Condo Located in the Dakota Tract of Wagon Wheel 900 sq. ft. (n/t) of Living Space Living Room Features Gas Fireplace Easy Care Tile Floors and Plush Carpet Open Floor Plan Great For Entertaining Mirrored ...
09/02/2009
With housing prices depressed as they are more people are qualified to be 1st time buyers. Interest rates are still low and the question becomes buy or rent? They are trying to make the right choice and they are worried. In some case the price of owning is the same or nearly the same as renting...
09/01/2009
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It seems that very few realtors know that FHA financing can be used to purchase up to 4 units. Owner occupancy is required but the buyer can still buy the property with as little as a 3.5% down payment. Financing one and two units the minimum down payment is always 3.5%. With three and four units...
09/01/2009
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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.