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 

The Market Has Changed When you at the statistics for Orange County the market is showing a major change.  We see that the homes are selling fast with only a 1.58 months of inventory.  The MLS will give us a look at sales before the other reporting agencies see the speed with which homes are sell...
03/25/2012
Mission Viejo Realtor Tim Lorenz, Area Market Report 3/25/2012 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 6.0 percent, for new homes it is up 3.7 percent and for resale condos do...
03/25/2012
18.9 Percent of Orange County Homeowners Underwater on Their Loans 18.9 percent of Orange County homeowners owe more on their loans than their homes are worth (underwater).  This is almost one in 5.  To some this is a difficult position.  It is tragic.  With about 1 in 5 people in California eith...
03/18/2012
Mission Viejo Realtor Tim Lorenz, Area Market Report 3/18/2012 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 4.2 percent, for new homes it is down 4.3 percent and for resale condos ...
03/18/2012
Orange County's Inventory Is Down 33 Percent Orange County has dropped 33 percent on the number of listings comparied to the begining of 2011.  The sellers are not coming on the market as they have in the past.  To be sure we have not seen this since 2005.  Some believe this will drive prices up....
03/11/2012
Mision Viejo Realtor Tim Lorenz, Area Market Report 3/11/2012 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 6.0 percent and for resale condos dow...
03/11/2012
Successful Close of Another Short Sale By Mark and Tim   This property owner had a hardship and needed help.  We were fortunate to be able to assist her.  You need someone looking out for you.  Call for a no cost evaluation of your situation. If you are lost and do not know what to do with your c...
03/09/2012
New Scam In Orange County An real estate agent in Yorba Linda had a telemarketer call them and represent themselves as a real estate agent and thus the new scam started in Orange County.  The person on the phone offered $90,000 more for the time share they own in Mexico.  All they had to do was p...
03/07/2012
The Cost of FHA Financing is Going to Increase!   FHA has recently announced that "as part of ongoing efforts to encourage the return of private capital in the residential mortgage market and strengthen the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund" a new premium struc...
03/05/2012
6 California State Bills Concerning Foreclosure California has 6 new bills concerning foreclosure they propose to: End the process in which homeowners are continually passed frome one bank officer to another as well as a "dual track" practice of foreclosure and and loan modification. Creating "ro...
03/04/2012
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Tim Lorenz

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