I know you are cringing…a real estate agent suggesting that it’s a great time to buy. But maybe the time has come in Orange County to buy a home or invest in real estate. Sadly, after the unfortunate ad campaigns from the National Association of Realtors (N.A.R.) over the last few years, a Realtor touting… [Continue Reading]
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… [Continue Reading]
Recently a friend and colleague, Robert Hahn, encouraged the readers of his own blog to submit posts for his upcoming ‘Carnival of Housing Policy’, hoping to collect thoughtful discussion around the potential changes in housing policy. I’ve been somewhat reluctant to participate so I’ll start with this disclosure: Until recently, I have followed politics superficially… [Continue Reading]
New home construction has begun again in Orange County. But there are some significant differences from the standpoint of the developers, as well as the product that is being offered, and who is actually working with the home buyer. Few things are as they were during the construction boom of the early 2000′s. Who Is… [Continue Reading]
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]
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]
Wagon Wheel Wagon Wheel is small community in Trabuco Canyon located off Oso Parkway not far from the south gate of Coto de Caza. The homes were built in the mid 90′s by Kaufman & Broad who subsidized the original mello roos bonds making it known in part, for it’s very reasonable tax rate. Homes… [Continue Reading]
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… [Continue Reading]
This post is LONG, but if you are thinking of buying a short sale (or if you’re an agent looking for an outlet for your short sale frustrations), PLEASE read. Understanding this information is a must. I completely understand the allure of the short sales when you are a buyer. The prices are attractive and… [Continue Reading]
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… [Continue Reading]
M Realty
(949) 939-2514
DRE #01312577
M Realty
949-283-5842
DRE# 01337827
