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 

John Wayne's former home sold in Big Canyon on Rue Grand Ducal and it sold for $1.77 million.  John's home came on the market in August at 2.26 million. The home is 4,448 sf and it has 4 bedrooms in Newport Beach's Big Canyon.  The home sits on the 4 hole of the private golf course.  It does say ...
05/29/2011
Mision Viejo Realtor Area Market Report 5/29/2011 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 1.8 percent, for new homes it is down 17.6 percent and for resale condos down 5.1 per...
05/29/2011
Cypress Point Market Update Here is a snapshot of the real estate market in the Cypress Point tract in Mission Viejo CA. This market update includes homes that are actively listed and also homes that have recently sold. The properties in this Cypress Point market update are condos priced between ...
05/23/2011
One of the Large homes in Coto de Caza (6500 sf) has come down in price over $5 million dollars.  Now that is a significant drop.  A little over 2 years ago the home was listed at more than $9 million dollars.  Now the home is listed at $3.99 million.  It is a short sale but that is more than one...
05/22/2011
It seems that the builders know something that we do not know.  Here in Orange County CA the builders, who had been reluctant to create more inventory by building any homes, have begun to build.  When I say they have begun to build it is not one or two sites it is 28 new building sites.  The 28 n...
05/22/2011
Mision Viejo Realtor Area Market Report 5/22/2011 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 2.7 percent, for new homes it is down 19.1 percent and for resale condos down 7.3 per...
05/22/2011
Phill's last game it was not the way he wanted to go out.  The team has always had class.  This team is a real disappointment.  If another team is better than you on a given day or on given days then congratulate them and move on. The team lacked heart and they got embarrassed.  They have done th...
05/08/2011
The National Association of Realtors (NAR) forcast continues to be bad for housing sales.  The NRA's latest forecast is that home prices to dip another 1.8 percent this year.  The price dow turn will be brief, NAR goes on to predict a much better 2012.  In 2009 the median price dropped 12.9 perce...
05/08/2011
Mision Viejo Realtor Area Market Report 5/8/2011 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 3.0 percent, for new homes it is down 4.7 percent and for resale condos down 0.7 perce...
05/08/2011
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Happy Mother's Day It is at this time of year that I reflect on my mother and what she meant to me.  My mom was one of the kindest women I have known.  My mother was easy going and never a problem for anyone.  She came to all my performances through school, plays, musicals, band and sporting even...
05/08/2011
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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.