RE/MAX July Housing Report

Enjoy the July Housing Report brought to you by RE/MAX and RE/MAX Evolution on Evolution TV – Click here to view the report! Please contact us  to help you to 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[…]

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[…]

Tips That Will Make Selling Your Real Estate Much Easier

  When the time comes to sell your real estate, you absolutely must be sure you get the best deal you can for your real estate. Selling real estate is less stressful, and much more profitable, if you prep yourself ahead of time with the right knowledge and understanding. The cause is your asking price.[…]

California May Home Sales

California May Home Sales An estimated 37,734 new and resale houses and condos sold statewide in May. That was down 0.7 percent from 37,988 in April, and down 14.4 percent from 44,087 sales in May 2013, according to San Diego-based DataQuick. May sales have varied from a low of 32,223 in 1995 to a high[…]

Rising Home Sales, Prices Follow Seasonal Trend

  For the 3rd month in a row, May home sales rose higher than sales in the previous month.  While May sales were 11.5% higher than April, they remained below the same period last year by 9.9%. Only three of the 52 metro areas included in the May survey experienced lower sales than the previous[…]

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[…]

CoreLogic Reports Home Prices Rise by 10.5 Percent Year Over Year in April

  CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, released its April CoreLogic Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased 10.5 percent in April 2014 compared to April 2013. This change represents 26 months of consecutive year-over-year increases in home prices nationally. On a month-over-month[…]

RE/MAX Real Estate Agents Ranked Most Productive In The US!

DENVER – Once again, real estate agents affiliated with RE/MAX rank among the most productive in the United States. Data contained in two national surveys show that, among the national franchise brands, RE/MAX had the highest per-agent home sales in 2013. The REAL Trends 500 data shows RE/MAX agents averaged 17.8 transaction sides compared to[…]

$500 Home Appraisal Credit

Here’s an opportunity to receive up to $500 toward a home appraisal brought to you by EverBank and Frank Joseph! Whether you’re looking to purchase or refinance, EverBank has a mortgage solution for you.   Please contact Frank Joseph for more details and conditions. Please contact us  to help you with your Commercial needs or to[…]

Be Prepared To Move Fast in Orange County!

If you’re looking for a house in one of California’s largest metropolitan areas, you’d better be ready to act fast when you see the right opportunity. A recent study of the nation’s fastest housing markets reveals that in some cities, the market is moving more quickly than it was a year ago. The study, conducted[…]

California Regional Inventory and Demand Analysis Just In!

One of the best ways to analyze data especially when it comes to financials is to do a 9 quarter average data analysis. The following graph analyzes the last 9 quarters of data on the California Real Estate Multiple Listing Service (covers Orange County, Laguna Beach, Newport Beach, Dana Point, San Clemente and inland coastal[…]

Laguna Beach 9 Quarter Listing Performance through March 31, 2014 is now out!

  Prices continue to creep up. Sales are still decreasing over the last couple quarters but inventory keeps shrinking in Laguna Beach. However, demand continues to outpace inventory levels. Over the next 6 month current demand for homes can and will support significant increasing in still historic low inventory. One of the most important factors[…]

Who You Work With Matters!

Tom Ferry, the leading real estate trainer and consultant has a great saying and that is “who you work with matters”. This fits for customers as well as agents. Agents want to work with the best brand and teams in the business. And customers should want to have the best brand and team in the[…]

RE/MAX Agents Lead Competitors – Power Broker Report Shows RE/MAX Sales Volume Up 26%

Power Broker Report Shows RE/MAX Sales Volume Up 26% DENVER, CO – RE/MAX agents continue to outperform all competitors, ranking as the most productive among the elite national real estate franchises. According to preliminary results from the 2014 RISMedia Power Broker Report Top 500, the productivity of RE/MAX agents was more than double the average[…]

Inventory is Starting to Show Up in the California Housing Market

The main motivator of this growing inventory is the delusional prices being asked by sellers are no longer generating massive amounts of sales from house lusting buyers.  In other words, sky high prices have caused many homes to sit on the market longer thus allowing for more inventory to accumulate like a queue forming at[…]

Orange County Real Estate Market Stats

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

February National Housing Report

Enjoy the national housing report from RE/MAX Evolution! Real estate is strong.  Home values are great.  We have inventory in Southern California Coastal Communities and sellers at the ready. 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[…]

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[…]

RATES HIGHER AFTER FED MINUTES

Compliments of: Frank Joseph Mortgage Loan Officer / CPA NMLS ID: 305034 949.939.6896 Email me Visit my website RATES HIGHER AFTER FED MINUTES The positive momentum in mortgage rates shifted direction after the release of the Fed Minutes on Wednesday. Investors viewed the Minutes as somewhat positive for stocks and negative for bonds. As a[…]

2014: THE EMERGING PURCHASE MARKET

Compliments of: Frank Joseph Mortgage Loan Officer / CPA NMLS ID: 305034 949.939.6896 Email me Visit my website   2014: THE EMERGING PURCHASE MARKET According to the November 2013 U.S. Economic and Housing Market Outlook released by Freddie Mac, 2014 will see the shift from a refinance-dominated mortgage market to the first purchase-dominated market the[…]

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[…]

Realtors – Join Us for 2014 Market Insights January 31, 2014

EverBank and RE/MAX Evolution Announce 2014 Market Insights for Realtors! I’d like to cordially invite realtors to the upcoming Top Producer Panel and Economic Forecast. This is an exclusive opportunity to hear from some of Orange County’s top-producing realtors and what they’re expecting from the housing market in 2014. They’ll also be sharing insights on[…]

Millennials Key to Real Estate

Listen to PwC Real Estate Advisory practice head Mitch Roschelle on millennials’ impact on the real estate market. Watch the latest video at video.foxbusiness.com  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[…]

Five Key Factors To Watch in 2014

For housing, it was a tale of two halves in 2013. During the first half, unusually low supplies of homes and low rates spurred bidding wars, pushing prices up sharply. During the second half, the frenzy cooled amid a sudden spike in interest rates. While more markets are now reporting increases in inventory, the number[…]

Housing Prices Haven’t Peaked in Most Markets; Affordability Still High

What’s the Worry? Housing Bubble Concerns Unjustified in Current Recovery Only a few days into the New Year and already we’re hearing worries about a bubble in the recovering U.S. residential housing market. It seems that some analysts can’t go one year without an overhanging fear of catastrophe. While most cities are seeing continual, albeit[…]

Realtors – Join Us for 2014 Market Insights January 31, 2014

I’d like to cordially invite realtors to the upcoming Top Producer Panel and Economic Forecast. This is an exclusive opportunity to hear from some of Orange County’s top-producing realtors and what they’re expecting from the housing market in 2014. They’ll also be sharing insights on how they were able to set the pace in 2013[…]

2013 Q4 Commercial Analysis

Total transaction volume increased to $89.67 billion in third quarter 2013 from $75.33 billion in the previous quarter, according to Real Capital Analytics (RCA). Likewise, volume for each of the individual property types, except for the hotel sector, rose on a quarterly basis. On a year-over-year basis, the total volume increased during third quarter 2013,[…]

RESAAS Welcomes RE/MAX Evolution to The Real Estate Social Network(tm)

Greetings! We are thrilled to announce we are affiliated with The Real Estate Social Network – RESAAS!  The following is RESAAS Press Release: Vancouver, British Columbia CANADA, Nov 18, 2013 (Filing Services Canada via COMTEX) — RESAAS Services Inc. (RSS – CNSX),The Real Estate Social Network(tm), is pleased to welcome RE/MAX Evolution to the RESAAS[…]

Real Estate: Look for value in 2014 According to Money Magazine

    Money magazine’s outlook on how to Make More in 2014 includes how to play in the housing market as a key strategy! The good news for housing is that price gains next year are expected to be only about half as strong as in 2013, when sellers stayed on the sidelines. Yes, that’s[…]

To Be Thankful For on Thanksgiving – U.S. Negative Equity Rate Falls at Fastest Pace Ever in Q3

No doubt many people have had challenges with negative equity.  I was very happy to read the Zillow Q3 report indicating that the US negative Equity Rate has fallen sharply!   According to the third quarter Zillow Negative Equity Report, the national negative equity rate fell at its fastest pace in the third quarter, dropping[…]

Escalation Clause: A Helping Hand in Bidding Wars

Are homes for sale in Laguna Beach, Newport Beach, Dana Point and San Clemente snapped up right and left in your targeted neighborhoods? That’s the case in some real estate markets today, and it often leads to that dreaded house hunting reality: bidding wars. If you’re considering buying a house in an area where bidding[…]

45 Second National Housing Update!

Check out RE/MAXs 45 second national housing report – click here! To find the home of your dreams in our coastal and inland cities begin your search with us.  And to we are happy to provide you a thorough evaluation of your current home – just ask us! For all the things that move you….please[…]

Q3 Commercial Market Insights

Total transaction volume declined to $71.02 billion in second quarter 2013 from $74.31 billion in the previous quarter on a quarterly basis according to Real Capital Analytics (RCA). However, volume for the individual property types (with the exception of the apartment sector) increased on a quarterly basis. In addition, on a year-over-year basis, the total[…]

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[…]

Home Resales Surge to a 6.5-Year High!!

U.S. home resales hit a 6-1/2 year high in August as buyers flocked back to the market to lock in cheap borrowing costs amid rising mortgage rates, a signal of continued strength in the housing market recovery. The National Association of Realtors said on Thursday existing home sales increased 1.7 percent to an annual rate[…]

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[…]

Glass Half Full or Half Empty?

Sure, there are homeowners who are still underwater.  And this is a problem and sad situation. However the situation is  improving!. Deeply underwater homeowners – with a loan-to-value ratio on their properties of at least 125% — represented 23% of U.S. residential properties with a mortgage in September, according to RealtyTrac. That number is down[…]

Luxury Home Buyers Believe Home Ownership Is A Wise Investment Over Stocks!

  As a private fund manager this is an interesting topic and I tend to agree that real estate investments are a very savvy strategy! Better Homes and Gardens commissioned a recent study among luxury home buyers on their views of homes as an investment and their needs in considering a new luxury home. The[…]

Flush With Cash and Making Deals, Investors from South Korea, Norway Targeting U.S. Real Estate

This article is about major commercial acquisitions but it also resonates with what we see happening in prime Orange County.   Many luxury home purchases are made by international customers.  RE/MAX Evolution is poised to support and attract international customers through our global reach of the RE/MAX network and our approach to global marketing of prime[…]