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Orange County Real Estate Mrket Activity – Condos & Townhomes
If you have been thinking of buying a condo or townhome either as your principal residence or as an investment property, now may be the best time to make that purchase according to the latest market data here in Orange County. Inventory is down by over 37% year over year and pending condo sales are [...]
Recent Posts
Great Deal!! Bargain Price on Terrific Laguna Niguel Condo
Ideal for a first time buyer OR a savvy investor, this condo is a terrific deal! Located in the desirable condo tract of Palm Court in Laguna Niguel, this one bedroom, one bath plus den lower level unit has a lot to offer. Over 900sf of living space, open floor plan, unique den or studio [...]
Orange County Real Estate Market Trends – Single Family Homes
The positive trend continues here in Orange County! Once again I have assembled the data and the graphs for real estate market activity for ALL Orange County Single Family Homes during the period from the beginning of December 2010 to the end of November 2011. Inventory has declined by 30% year over year, pendings have [...]
How Does It NOT Make Sense to Buy Right Now?
Here in Orange County, home prices are very affordable and interest rates are terrific. Lenders are even beginning to loosen some of their standards and are taking steps toward increasing the kind of loan products they offer. On top of that, lease rates have increased dramatically over the past couple of years, making home buying [...]
Your Home Purchase As a Long Term Investment
I know several people who made money purchasing and “flipping” homes over the past couple of decades here in Orange County. But I know more people who bought a home, lived in it for many years, and made money. I have always viewed a home purchase as a long-term investment. Home-flipping was never for me. [...]
Orange County Market Data Single Family Homes – October 2011
Below are links to the current real estate market data for all single family homes in Orange County for the period from November 2010 to the end of October 2011. Note there has been a significant decline in inventory of over 30% year over year, a big increase in pending sales of 58% year over [...]
Sellers – Your Home Does Not Have to Be “Perfect”
When I speak to sellers who are readying their home to market, there are definitely things that can be done to make the home more attractive and ultimately easier to sell, but there is no need for the home to be perfect. You should fix broken items and perhaps paint a dull room, but there [...]
Wonderful Upgraded Pool Home-New Listing-Lake Forest
Wow!! It really does not get much better than this beautifully remodeled executive home in Lake Forest. Located in the pride of ownership neighborhood of Serrano Park, this awesome home features 4 bedrooms, 3 baths and a huge bonus room currently set up as a media room. Lovely traditional architecture and over 3100sf of living [...]
Sales and Price History of a Couple of Mission Viejo Homes
I like going back and searching the history of what homes have sold for in the past. I am going to highlight a couple of different properties in Mission Viejo. The first one is a home built about 1982, is about 3100sf with 4 bedrooms and 3 baths, a bonus room, a 3-car garage and [...]
A Coming Home Shortage?
I have worked in this industry for many years. I have seen several ups and downs in the local housing market. One thing I see coming is a possible housing shortage here in Orange County. It has happened before. During the 1970′s, the real estate market slowed down, not so many homes were built and [...]
