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 

Tim Lorenz a Mission Viejo Realtor Market Report 9/30/2012 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 up 10.2 percent, for new homes it is up 1.3 percent and for resale condos up 11.3...
09/30/2012
18 Comments
QUOTE OF THE WEEK...  "If we did all we were capable of doing, we would literally astonish ourselves." --Thomas A. Edison, American inventor I just love the fact that we have so much more we can do on any given day.  It is never to late to succeed.
09/24/2012
Once Again Fixed Rate Real Estate Loans Drop Again From Freddie Mac's weekly survey, the average 30 yr fixed rate mortgage matched its all time low of 3.49 percent.  This is down from last week at 3.55 percent.  As I have pointed out in the past the difference is small or flat right now in loan r...
09/23/2012
Tim Lorenz a Mission Viejo Realtor Market Report 9/23/2012 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 up 11.7 percent, for new homes it is down 1.9 percent and for resale condos up 8....
09/23/2012
FHA Drastically Loosens Criteria For Condo Approvals  Today I received an email from Dan Dobbs of American Commerce Mortgage with the following info.  Effective Sept 23 FHA relaxed 5 key criteria granting HUD approvals for condo projects.   With less than 30% of projects approved in So Cal, this ...
09/23/2012
Tim Lorenz a Mission Viejo Realtor Market Report 9/16/2012 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 up 7.9 percent, for new homes it is down 6.2 percent and for resale condos up 11....
09/16/2012
Home Prices Rise 6% From a Year Ago Home prices have increased a rise of 6% from a year ago here in California.  This is an increase highest since the mortgage meltdown.  CoreLogic also found that prices for deals that closed in July had the biggest percentage gains in 6 years.  To be specific pr...
09/15/2012
10 Comments
New Rules For Equator We have recently been informed by a manager in the Bank of America Escalations Department, that due to a high influx of new offers being submitted, and escalated, days before a pending foreclosure sale, they have initiated new policies to prevent this practice from occurring...
09/15/2012
2 Comments
Discipline I received this from my friend David Norberg this morning and had to pass it along. Discipline is the bridge between goals and accomplishment. We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret...
09/15/2012
My 30 Year Anniversary Yes 11 years ago I was planning where my wife and I would go to enjoy my 19th wedding anniversary.  We all know that turned out to be a very difficult day for all Americans.  I could never again forget my anniversary. Well today my wife of 30 years and I will go and enjoy a...
09/11/2012
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