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

2012 

California Home Prices Fell 4.6 Percent 4th quarter  Federal Price index places California as the 9th worst market in the Country.  California home prices fell 4.6 percent in the 4th quarter.  We are now off 44 percent from home prices over the past 5 years.  An article in The Orange County Regis...
02/26/2012
Orange County's Housing Problem - Affordability We are in the weak the weakest recovery since the Great Depression.  Part of that is the fact that under employment and unemployment is a serious problem that is not being committed to by the government.  With many of the folks down in income more t...
02/26/2012
Mission Viejo Realtor Tim Lorenz, Area Market Report 2/26/2012 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 5.9 percent, for new homes it is up 3.2 percent and for resale condos do...
02/25/2012
Yikes Orange County Median Home Price Went Below $400,000 Yes I said, Yikes because the median home price went below $400,000 lowest in 3 years.  It was $392,000.  We saw the statistics for the Thanksgiving through January take a big hit here locally.  It was much slower than usual.  Sales have f...
02/20/2012
California Housing Affordability At Record High There is one aspect of the housing market in California that is a positive for buyers and that is the affordability at a record high.  The California Association of Realtors index shows that 55 percent of the homeowners that are out shopping can aff...
02/20/2012
Mission Viejo Realtor Tim Lorenz, Area Market Report 2/19/2012 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 6.3 percent, for new homes it is down 1.1 percent and for resale condos ...
02/19/2012
Obama Is Coming To Corona Del Mar I just read that the President Barack Obama will be visiting South Orange County on Thursday in Corona del Mar.  According to the article in The Orange County Register he will be at a breakfast at 7:00 AM you can have a photo of you and him for a cost of $10,000....
02/13/2012
90 Percent Of Orange County Home Prices Moved Down It is sad to see that the Orange County has suffered with 90 percent of the home have lost value when their prices have moved down.  Data Quick 2010 and 2011 calender years our median price of $480,000 is down 6 percent.  It is even worse news fo...
02/12/2012
Mission Viejo Realtor Tim Lorenz, Area Market Report 2/12/2012 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 5.3 percent, for new homes it is up 16.4 percent and for resale condos d...
02/12/2012
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5 Tips For Renters If you are a renter and you were one of the folks that got crushed in the mortgage meltdown.  You went through a short sale or foreclosure.  You probably can get back into the market.  Or if you are a renter and you have not decided to purchas a home or condo lets talk. Here ar...
02/08/2012
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