Have you been writing off your entire property tax bill? Well, if you are a homeowner in Orange County, you are not alone by any stretch. Those shopping for Orange County real estate are faced with the added tax burden of Mello Roos for most homes sold after 1986. Mello Roos bonds were created to [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 Coto de Caza. If you aren’t from Orange County – yes this is the home of the infamous Real Housewives [...]
Today the microscope is on Mission Viejo. 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. I’m going to spend the next several posts breaking down each of the South Orange County cities to give you [...]
M Realty
M Realty
