Further Evidence of the Short Sale Debacle

Market changing indicator?

I had this conversation on Twitter today and had to share it as further evidence of the common problems we see in the marketplace when it comes to the handling of Short Sales.  In case you are not familiar with Twitter, it’s a social media and micro-blogging platform. The banks aren’t improving things for the… [Continue Reading]

Maybe the Solution Isn’t a $700 Billion Bailout

Brainstorming a solution

There has been much discussion about the big bailout.  But in case anyone with any influence is listening – I have an idea that could make a big contribution to our market recovery.  Just call anytime and I’ll share my insight with you – from the trenches.  I’ll be waiting for your call. For the… [Continue Reading]

What Is a Good Deal?

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… [Continue Reading]

Why Short Sales are Killing the OC Real Estate Market

house short sale

A few years ago many of us, including a lot of Realtors, didn’t know what a Short Sale was.  To be clear, a Short Sale is when the value of the property is lower than the encumberances (loans against the property) and the necessary costs of sale.  In short (no pun intended), the loans against the… [Continue Reading]