Make Home Searching Easy on Your Smart Mobile Device

GPS Search

The ways the our clients are searching for homes continues to evolve.  Not only are the online resources expanding and improving, they are becoming increasingly mobile.  As of the beginning of this year, 42% of the U.S used a smart phone, and this number is consistently growing. Make Your Home Search Easier and Mobile Whether… [Continue Reading]

Potentially a Decade of Recovery?

My friend, Mike Simonsen with Altos Research (they provide the charts for my ‘How’s The Market?’ pages) was recently interviewed on the Fox Business Network, along with Anthony Sanders, Finance Professor at George Mason University. Interesting conversation, but not particularly uplifting.  Simonsen indicates that it “…could be a decade of recovery.  Banks have tons of… [Continue Reading]

10 Things You Should Know if You Are Moving to Orange County

Rancho Santa Margarita Lake

Skip the Weather Forecast – It’s 70 and Sunny:  No disrespect to the local weather forecasters, but we don’t rely on them for much.  If they predicted 70-something for temperatures year round, they’d be right (or close to it) most of the year.  For many folks, this is the ideal and is one of the… [Continue Reading]

2008 Orange County Residents – “We’re Outta Here”

Out_of_Orange_County

Forbes Magazine recently published an interesting visual representation of moving trends.  It allows one to visually get a sense if more people are moving into, or out of, a particular county during 2008.  Orange County was pretty interesting. Guess I’m not entirely surprised to see that the interest in relocating to Orange County, during one… [Continue Reading]

OC Buyer Tip – Be Cautious About Loan Contingency Removal

Timing

There is a very critical element to the California Residential Purchase Agreement (RPA) that every buyer must understand when initiating the purchase of a home in Orange County. The act of removing ‘contingencies’ exposes your deposit to risk if you are unable, or unwilling to move forward with your purchase of a home. There are… [Continue Reading]

The Housing Bottom? Not Yet

Housing market collapse

The housing bottom can be an elusive thing.  Determining when we’ve actually arrived can only be seen in retrospect, but clearly there are some signs that indicate, we haven’t quite seen the end of this housing recession. As I’ve said before, there are several things that have me concerned about the housing market in Orange… [Continue Reading]

Is There Such a Thing as a ‘Short’ Short Sale? Yes…If You Have the Right Lender

Going Against The Grain

One of the great oxymorons of the real estate industry is the Short Sale, which has become famous for being anything but short. I’ve been promised 60 days only to have it become 5 months. I’ve had a bank tell me it would likely take 6 months, only to have it take a year. I… [Continue Reading]

Memorial Weekend Tribute

Thank you to those of you that serve and for the sacrifice that you and your families make for our country.  This is in your honor.

When Is The Market Going to Go Back Up?

Gap Gauge Chart

I was in my local coffee shop last week and ran into a friend.  He asked me the question I hear more than a few times a week: “When is the real estate market going to go back up?” There’s no question that we’ve taken a hard fall in our Orange County values – a… [Continue Reading]

Strategic Foreclosures in Orange County

Foreclosure

The phrase ‘Strategic Foreclosure’ is today’s buzz in real estate circles, and with many homeowners. Recently this topic was showcased on Money Watch and on 60 Minutes.  Jill Schlesinger, editor-at-large for Money Watch, stated that 4 1/2 million Americans are ‘underwater’. The rising trend of ‘Strategic Foreclosure’, allowing your home to foreclose even though you… [Continue Reading]