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 

We hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.  * Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the informatio...
06/30/2010
As a short sale real estate agent I know that there is a real consern about the allowable fees a borrower may pay on behalf of sellers.  Until recently there has been confusion amongst the various government lending agencies as to what is allowed for the buyer to pay in the way of allowable fees ...
06/29/2010
$30 million beach estate on ocean front in Laguna beach known as Villa Rockledge a family compound is in default.  It is not only in default but has a date set for the foreclosure auction.  The home was built in 1921 it sits over the sand on a bluff, it sits on a 1/2 acre lot and has the main hom...
06/27/2010
Today in the Orange County Register there is an article on The Federal Reserve(FED) holding rates low.  The vote was 9-1 last week to keep rates low.   The record low interest levels will be here for an "extended period".  One reason for the continued low rate was weaknesses in housing, commercia...
06/27/2010
The California tax credit has been a big success.  The federal tax credit finished on April 30, 2010 to qualify for up to $8,000 in federal tax breaks.  California started their tax credit May 1, 2010.  It has been so successful that the amount of money set aside for the tax credit is almost gone...
06/27/2010
This weeks market report for Mission Viejo and surrounding areas shows that Orange County Median Prices for the resale homes were up 9.5 percent, for new homes it is up 16.0 percent and for resale condos up 6.9 percent.  The sales volume is up  for resale homes 6.3 percent and up 16.4 percent on...
06/27/2010
This is a sample of one of the flyers we use in our e-mail blasts to our past clients and sphere of influence.  It will usually go out to about 1,180 at each blasts. We believe that it should be easy to read and simple to understand.
06/24/2010
The Los Angeles Lakers will have their parade today for a winning the Championship.  They had a season that had many ups and downs.  It was a great season and a fabulous final series with Boston. I am sure they did not feel that it was easy that a lot of disappointments during the year.  However,...
06/21/2010
This weeks market report for Mission Viejo and surrounding areas shows that Orange County Median Prices for the resale homes were up 8.4 percent, for new homes it is up 21.1 percent and for resale condos up 15.7 percent.  The sales volume is up  for resale homes 13.1 percent and up 24.3 percent ...
06/20/2010
As a father and a grandfather I would like to wish all you father's and grandfather's happy Father's Day.  It is one of the things in this world that I am most pleased of being a father. I have six children and my wife and I have been foster parents to 26 foster children and we have 13 grandchild...
06/20/2010
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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.