With buyers on the lookout for that coveted ‘good deal’, I wanted to dig into the numbers in South Orange County to see what they would reveal. Last week I wrote a post about Orange County foreclosures after watching Good Morning America tout the great savings a buyer can achieve when buying a foreclosed, or [...]
This morning I watched a piece on Good Morning America (can be viewed at the bottom of this post) about the nation’s foreclosure crisis and the potential savings a buyer can achieve by buying a Bank Owned property. Some of it I found a bit misleading or simply not applicable in our South Orange County [...]
Over the course of the last several months, I’ve become really interested in the way this housing market has impacted individual neighborhoods in South Orange County. It’s become clear that the makeup of a neighborhood, the strength of the buyers from the last decade, the age of the community, the local amenities, it’s overall stage [...]
I hear from buyers frequently that are interested in buying a foreclosed home / bank owned property. Sadly, in the under $750,000 market, the competition is brutal. Many times those with 20% down or more will trump those entry level buyers with FHA or VA financing. Even with a strong, high down payment offer, the [...]
No crystal ball needed here – we are about to see a sharp increase in foreclosures in the coming months. The foreclosure report for the month of March was recently released by Foreclosure Radar. During the final months of 2008, many lending institutions participated in a voluntary moratorium on foreclosures. Notice of Defaults (NOD’s), the [...]
So many of the media numbers focus on Orange County performance, but real estate performance can vary dramatically within our large county, and particularly at various price points. Today’s Microscope on the Market focuses on the Laguna Niguel real estate market. Homes Under $500,000 # of Sales Short Sales Bank Owned Equity Sellers Active 119 [...]
Steven Thomas, President of Altera Real Estate recently released his latest Orange County Housing Report and it is definitely worth taking the time to review if you are curious about how the 2008 housing market finished and the possible outlook for 2009. It’s a very comprehensive summary. I would encourage you to review the charts [...]
Even in a tough market for sellers, there are still those that must sell due to personal circumstances. Whether it’s a divorce, job relocation, or financial strain – there are still homeowners with equity, that find themselves in the position of having to sell and in this market, that can pose some challenges. I come [...]
The new buyer profile today is understandably looking for a ‘good deal’. With the major changes we’ve seen in Orange County in the last 2 years, the buyers that feel ready to jump into the market are consistently saying, ‘If I find a good deal…’ So what is a ‘good deal’? Let’s examine the potential [...]
M Realty
(949) 939-2514
DRE #01312577
M Realty
949-283-5842
DRE# 01337827
