An Insider's Look at Real Estate

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Real Estate Agent - TIM LORENZ - Elite Home Sales Team - DRE# 00919781
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

2010 

The tenznts in Lake Forest got the biggest rent decrease in Ornage County on average.   The tenants in the Lake Forest got an average of $173 a month off their rent during the fourth quarter of 2009.  That is an average rent cut of 11.4 percent according to apartment tracker RealFacts. The averag...
02/04/2010
There has been a decrease in the remodels in Orange County.  As a mater of record the decrease for remodels in Orange County is not just a small amount it is a 9 year low. If we understand what that means we have fewer subcontractor working.  Orange County has always had a lot of building going o...
02/04/2010
Yesterday I wrote on the Recall election in Mission Viejo and stated the mayor lost.  That is true however it now appears that the election was much closer than the papers had reported. We find out the mayor lost my by only 9 votes with a final 50.1 percent of the votes and he received 49.9 perce...
02/04/2010
The number of people who have signed contracts (pending sales) to purchase a home has increased or inched up in December which is an increase of  9 of the last 10 months.  According to the National Association of Realtors seasonally adjusted index of sales agreements rose 1 percent form November ...
02/03/2010
The results of the election showed the Mayor lost and the people recalls the mayor in Mission Viejo.  The other canidates do not win so a run off election for mayor. The people voted and 50.4 percent voted to recall and 49.6 percent voted to keep the mayor.  The turn out was quite low with about ...
02/03/2010
Interest rates are not created equal. When a borrower is shopping interest rates for a home loan the two most important factors will be the loan to value and the borrower's middle credit score.  The lower the loan to value and the higher the credit score the better the interest rate will be.  Obv...
02/02/2010
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Tim Lorenz

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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.