Look Who’s Talking Orange County
Here at Redfin, we have assembled a team of real estate writers and specialists with eyes like hawks and sensibility beyond reproach. We call them Mavens. They are watchers, experts, lovers of all things real estate and passionate about bringing you the latest and greatest in market trends, neighborhood happenings and hot topics. As the market continues to turn and shift, they are studying the little details that have the most impact. Here is what they have to say.
Brian Murphy – Brian’s recent post “Take Your Time and Don’t Rush In” is a no-nonsense commentary on the value of patience and fortitude. He examines the real life story of a couple who dreamed of home ownership but were calculated and smart in their decision to buy. This is a must read for eager investors and buyers alike.
Sheila McDaniel - Sheila recently wrote about real estate trends in Mission Viejo. Specifically, falling values, shorter days on the market and fewer new listings. Keep watching for forecasts in this area.
Julie Lance – In the ‘Tustin Real Estate Market Report,’ Julie talks about the accelerated decline in home values and double reductions in median home prices. She also highlights recent sales, new listings and properties that have been on the market for an extended period of time.
Debbie Sklar – Deb’s two part ‘old shoes’ series talks about properties that have gone unsold for long periods of time, many in excess of a year or more. There has been a lot of speculation about the disconnect between anxious buyers looking for a deal and sellers who bought during the boom who are holding tight on price in a depreciating market, hoping to minimize their losses. These posts deal with that subject and give specific examples of Orange County sellers standing firm.
Sylvia Walker – Sylvia’s post titled ‘The Story of Pitcairn Drive’ is a smart and insightful examination of price strategy gone bad. She looks at the effects of listing high and cutting prices a little at a time until it adds up to a substantial sum. She also discusses how some sellers hide price reductions by re-listing their properties over and over again when a good, strong asking price would have probably produced much better results from the get go.
More Recent Orange County Sweet Digs Posts:
Sign of the Times: Orange County Tax Defaults and Property Auctions
Open Houses First Weekend in March
…and My Phone Number is (800) GOT-EQTY
