Sometimes I can’t believe the things that listing agents do, or fail to do, that cost their sellers time and money. If you need to sell your home, and list it with me, I promise that I will not make these mistakes, that I see regularly on our SoCalMLS: Put a home on the MLS…
Category Archives: Real Estate
Educational Video Explains Housing Cycles
This video was produced by John Burns Consulting, a company that specializes in advising the homebuilding industry, but the explanations and lessons provided in it also apply to the resale home market. Search the 14,000+ Homes on the Orange County Market Today Learn What Your Home is Worth
Mid-Year Progress Report for Orange County Real Estate Market
Now that half the year is over, it’s time to take a look at how close to (or far from) reality my predictions were that I made in my December post about 2008 real estate activity. You can go back to read my justifications for each prediction, but this analysis will only address the basic…
Should you Sell or Lease Your Orange County Home?
In Orange County today, as well as many other places, there are home owners who are going through the difficult decision process of whether to sell their current home, or lease it and wait for a better time to sell. Some of these people have taken a job out of the area and will not…
Sellers – When you get an offer respond quickly!
In the current market, when a buyer makes an offer on a property, it is in the seller’s best interest to respond quickly. The buyers today are not impulsive, frenzied, or in a panic to “buy now or be priced out forever.” If any urgency is felt by a buyer, it is more likely based…
Orange County Real Estate Market Improvement!
The market for homes in Orange County, California, finally seems to be waking up from a long slumber. While the closings for May didn’t set any records, the new pending escrows have improved substantially in the last month. When evaluating the overall market in Orange County, I look at all cities, and residential (not multi-unit…
Lake Forest Market Report – June 1, 2008
Based on the levels of inventory, it looks like we are shifting back toward a seller’s market in Lake Forest! When the ratio of active listings to sales, or new escrows gets down below 6 months, it has generally been considered a market that favors sellers. This doesn’t mean that prices are likely to rise…
You Want to Buy a Foreclosure?
I am getting a lot of calls lately with people telling me that they want to buy a foreclosure. Maybe it’s the mentality of the market, or the late night infomercials, but many people seem to think that foreclosures, by definition are a “good deal”. They might be or they might not! Foreclosures aren’t necessarily…
Automated Home Values
Check your home value, or one that you are considering! Which one do you think is most accurate? Are there others worth looking at? Zillow Cyberhomes RealEstateABC Paper Economy Calculator
Lake Forest Market Conditions
Market activity in Lake Forest finally seems to be starting to show some signs of life. We are still substantially below our historic levels of 90 – 100 sales per month, but have made some significant improvement since the miserable numbers in January and February this year. The “Distressed” properties (foreclosures and short sales) make up…