But first check out my new listing in Arch Beach Heights – Everything my buyers want – open floor plan, indoor-outdoor living, big views, lots of amenities. Not much on privacy but Laguna is the land of compromise. Something’s got to give. Let me know if you’re interested. 4 interesting facts about the market in [...]
Are Underwriting Guidelines Too Strict? Or are Loan Originators Too Dumb?
It’s been estimated that an average one-third of all home sales fall out. Mortgages being declined or unreasonable conditions of approval are where most real estate agents and borrowers place the blame. Is that blame fairly placed or are the Loan Originators to blame for not knowing the guidelines of the loans for which they [...]
Free Dana Point Electronic Waste Recycling Drop off old TVs, Computers, Printers, Batteries, Shred Paper Files..
The eWaste drop-off (and paper shredding) Surterre Properties conducted last month was so popular I thought you all would like to hear about this weekend’s drop-off in Dana Point (a 15 minute drive). Our average car count over the last couple of years has been around 250 through each event. At last month’s pickup we [...]
2011 vs. 2012 in the Mortgage Market
We enter 2012 with a higher degree of optimism than the previous few years. Let’s start the New Year by taking a look back at the major factors that shaped last year’s mortgage market and discussing what’s in store for 2012. The Highlights of 2011: Interest rates: Ranged last year between 4.96% near the beginning [...]
New Wood Cove Listing for Less Than a Million
410 Ruby Street Laguna Beach, CA 92651 it is available to see this weekend. Email me if your interested: sean@welcometothedream.com
A Snap Shot and Videos of Properties for Sale Under a Million in Laguna Beach
Before going into the detail of the properties under $1m, I’d like to put it in context of where the Laguna market ended up in 2011. Year End Highlights: 32 sales in the month of December, the highest month for all of 2011; 90 sales in the 4th quarter, best quarter of 2011; only 228 [...]
Mortgage Rates Hit All Time Lows (Again)!
It’s all about rates this week as they have retreated back to their all-time low point that was also touched in September. Another strong Treasury auction and lack of any real solution to the European debt crisis helped, among other things. While mortgage rates are not based on US Treasuries, the Mortgage-Backed-Securities (MBS) that do [...]
What did the Laguna Foreclosed Beachfront go for?
Foreclosed Beach Front Property Boy, things surely got steamed up last week with the Laguna foreclosed beach front property offer for $2 million. The video was seen by over 150 people and I got lots of calls of interest. While the listing agent won’t give me the exact amount since it’s in escrow, he did [...]










