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

2011 

We have a new listing in Laguna Woods a senior community with great amenities of this active 55+ community with golf, tennis, swimming, 7 clubhouses, horse stables, over 200 active clubs and a free bus system.  This condo is in a great location and is on the ground floor of a three story buildin...
02/27/2011
  The Distressed Market is still strong.  In the state of California showed that the single family home sales for January were up 54 percent as compared to December 50 percent and down from a year ago.  It is like the Penguin on Ice the slippery slop of recovery. Conventional non-distressed sale...
02/27/2011
Our local paper (The Orange County Register) business section had and article by Simon Constable titled, "Why 2011 May Be the End of the Housing Crash".  He is speaking of the nation as a whole in the article.  He points out that in December the housing price index fell 1 percent.  5 straight mon...
02/27/2011
Mision Viejo Realtor Area Market Report - 2/27/2011 This weeks market report for Mission Viejo and surrounding areas from Mission Viejo Realtor shows that Orange County Median Prices for the resale homes were down 2.1 percent, for new homes it is up 2.6 percent and for resale condos down 4.8 perc...
02/27/2011
We have had a rain storm and the mountains have a beautiful dusting of snow so I wanted to give you a look at the area where I work and play.  We have had an abundance of rain and the open areas are green and lush.  I am one of the few in California that is a native of the area most move here.  S...
02/27/2011
California saw nearly 7 percent increase in foreclosure notices as compared with December and Orange County saw that 25 percent of the homes sold were bank owned.  If we look even closer for the whole of California the actual foreclosures dropped close to 14 percent.  The increase in the notice o...
02/20/2011
According to the Orange County Register this morning once again a large waterfront home has a big price reduction.   in this case a home in Huntington Harbor with a great main channel view has dropped the price by 4 Million dollars.  When it was on the market a couple of years ago it was $5.95 Mi...
02/20/2011
Mision Viejo Realtor Area Market Report - 2/20/2011 This weeks market report for Mission Viejo and surrounding areas from Mission Viejo Realtor shows that Orange County Median Prices for the resale homes were down 2.0 percent, for new homes it is down 6.1 percent and for resale condos down 6.0 pe...
02/20/2011
The number of homes sales in Orange County was the best we have seen in four years.  DataQuick reported home sellers closed 1,929 transactions last month.  That is a 3.3 percent increase over January 2010 making it the busiest January since 2007.  Prices are droping however the median price dropp...
02/19/2011
  The White House outlined last Friday its plans to begin shrinking their support of both of the government sponsored entities (GSEs) Fannie Mae and Freddie Mac and they will not be here in the future. While the process could take several years, the effects will be felt in coming months.   The go...
02/14/2011
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Tim Lorenz

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