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 [...]
Orange County Market Recovery?
June 10, 2008 By Leave a Comment
One of the biggest speculations today is, ‘When is the real estate recovery?’ We can’t have an economic recovery without it. I got an email from a client and friend this morning. He and I have had some wonderful conversations about the market over the last couple years. As I was putting together an email [...]
Why Short Sales are Killing the OC Real Estate Market
May 26, 2008 By Leave a Comment
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 [...]
When Will this Orange County Real Estate Market Improve?
May 24, 2008 By Leave a Comment
Isn’t this the million dollar question! People talk about it, speculate over it, study it, and try to make buying and selling decisions based on all of it. So when will the Orange County real estate market improve? I thought we’d be in this condition at least until Spring of ’09, because historically election years are [...]
