Investor Buying Continues to be a Major Player in the SoCal Real Estate Housing Market

California continues to draw heavy investor money from China alongside their massive boom over the last decade.  Yet a big part of this is speculation and we actually see this via rents. Rentals are more reflective of what local families can pay. It is interesting to see in some highly desirable areas that rents go[…]

Another FIRST from RE/MAX Evolution – Evolution TV!

We promised to be Evolutionary when we launched RE/MAX Evolution just a year ago…. We just launched Evolution Property Management – an exclusive service for property owners to fully manage 1 to 100’s of properties. And today we launch Evolution TV – Coastal Cities unique shop-from-home luxury real estate channel featuring some of the most[…]

Home equity is soaring, yet many owners are still underwater on loans

  In some inland California counties during the recession, toxic financing contributed to home value losses of 50% and higher. Yet today, thanks to the most vigorous marketplace rebound of any state, just above 11% of California homes are in negative equity. Homeowners’ equity holdings at the end of march totaled $10.8 trillion, the highest[…]

April Housing Report – Home Sales Continue To Rise

After disruptions to the market at the beginning of 2014, it is a good sign that sales have picked up and have now increased for back-to-back months.  While the growth is not as dramatic as late 2013, the market is very strong and finding stable growth patterns.     Please contact us  to help you[…]

Who’s Buying in Orange County?

  Did you know 80 percent of sales in Irvine going to foreign buyers from China?  This is just one example. Most of the reports over the last few days have been “shocked” at the record number of cash buyers in the market. Nothing surprising here. This has been the juice of the housing recovery[…]

Here’s Another Reason Why RE/MAX and RE/MAX Evolution Are #1 – We Get The Word Out!

RE/MAX and RE/MAX Evolution gets the word out about your property to the right audience!   And, we get the word out about your property using “modern”, in addition to conventional, communication channels so we are able to reach a range of consumers from those watching TV to those consumers who prefer messages online! Learn[…]

RE/MAX Agents Produce More Transactions Than Any Other Firm!

There is a good reason why RE/MAX is number 1 …  RE/MAX agents produce more transactions than any other firm!   Please contact us to learn about the benefits of RE/MAX and RE/MAX Evolution! Please contact us  to help you sell your home and find the home of your dreams!  We specialize in Laguna Beach,[…]

A Message From Tom Ferry, Real Estate’s #1 Coach and Trainer, and Jeff Grice

Tom Ferry and Jeff J. Grice discuss “who you work with matters”. If you are a real estate agent (even virtual agents) wanting to take your real estate career to unparallelled levels, please check out the benefits of RE/MAX and RE/MAX Evolution by clicking here. If this post caught your interest as a buyer/seller, please[…]

Real Estate as Top Investment for 2014

  U.S. millionaires see real estate as the top alternative-asset class to own this year, according to Morgan Stanley. (MS) About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York-based investment bank’s wealth-management unit. Direct ownership of residential and commercial[…]

California Median Home Prices – UP!

  Please contact us  to help you sell your home and find the home of your dreams!  We specialize in Laguna Beach, Newport Beach, Dana Point, San Clemente and our inland coastal communities. Make it a great day! Jeff

Orange County Million-dollar Home Sales Jump 52% in 2013

Last year’s housing recovery was a boon to luxury home sales, with 5,506 million-dollar-plus home sales recorded in Orange County, up 52 percent from the year before, DataQuick Information Systems reported Thursday. That’s the highest number of $1 million deals since 2006. Upper-crust sales ranged from $1 million for a 500-square-foot Balboa Peninsula house to[…]

You’ll pay more for a big home nowadays, but a big mortgage should be less of a reach

  For the first time in over 20 years, rates on jumbo mortgages — loans of more than $417,000, or $625,500 in pricier areas — are at or below rates on conventional mortgages. Jumbo rates usually run one-quarter to one-half of a percentage point higher, but lenders eager for wealthier customers are making deals. In[…]

Commercial Conundrum

As a commercial investor or business owner you likely know that Commercial Real Estate trends lag Residential very significantly.  Now, Commercial sales are pacing up. But one metric is not pacing with Residential and that is available inventory. Here’s the conundrum… While there is 18% available inventory it is slow to move unlike available residential[…]

RE/MAX Evolutions’ Angela McIver to RE/MAX European Convention!

Another first for RE/MAX Evolution – Angela McIver from RE/MAX EVOLUTION at the RE/MAX European Convention. We are proud of our association with Angela.  She is the one agent from the USA taking her career to the NEXT LEVEL by attending this important conference focusing on the International Market. Once again representing our motto of[…]

Wealthy Pick Real Estate Over the Stock Market

  We are taught from birth that the quickest way to achieve a goal is to seek out those who have already accomplished the goal and do what they do. Interested in creating wealth? It seems the wealthy trust real estate as an investment before even the stock market. A recent survey revealed that 75[…]

Technology Enables Global Real Estate

My last post was about customer expectations and the use of technology. This note extends that thought in how we need to service global markets.  Technology removes global restraints.  And we know there are a vast array of global customers buying property in our coastal communities. However, there is more to it than technology. As[…]