Some say you can support anything with STATISTICS.

 Here are some for Orange County RE.

Right now there are 8,410 active properties of all sizes for sale in the OC. Would you believe that there are 6,836 in escrow.  True, 70% of the in escrow properties are short sales which take longer to close.  Compare these numbers to April 08 in which we had almost 16,000 active listings or April 09 which boasted 11,000 active listings.

The good news is that of the 8410 active listings in the OC a full 65% are regular listings while only 35% are distressed listings.  Compare Laguna Niguel which has only 273 active listings.  In LN 73% of the listings are regular listings while 27% are distressed listings.

The point is that real estate statistics are a regional issue.  Don’t be mislead by the national news media that says we still have an over abundance of homes on the market.  In the fall of 2007 we had 750 active listings in Laguna Niguel and nothing was selling.  Remember there are only 5 Mediterranean climates in the world and Orange County California is one of them.  People want to move to the OC and many buyers won’t wait for a short sale.

Short sales and distressed properties are going to be around for a long time, however, so if you need help selling your home as a short sale, check us out at www.4OCshortsale.com.

Many homeowners that are facing hardship such as a job loss or pay reduction are eating through their savings in hopes things will turn around.  If you truly have a hardship then seek advice from professionals you trust before it is too late. Many banks are allowing loan modifications which might work for you.  If not then a SHORT SALE with the JonRon Team may be right for you.  We can even get short sales through if you are not delinquent on your loan.                     Don’t put your head in the sand.

PS  We work with all banks but if your loan is with World Savings or Wachovia call us TODAY because we have a direct line to the decision makers.

DO HOME IMPROVEMENTS ADD RESALE VALUE???????????

Your neighborhood isn’t getting any younger!  Yes time moves on.  Traditional wisdom says that when a neighborhood reaches about 20 years old the residents will begin to remodel or the neighborhood will go into “Blight“.  If your neighborhood is 20 years old you will notice quite a variety of sale prices for the same exact models depending on how much remodel work has been done.  Many home owners ask us what resale value will come from the money they spend.  Of course it depends on how well the work is done and where it is done.  Also are you doing the remodel for your personal long term enjoyment or for resale.

Minor Kitchen Remodel    Cost $9265       Resale $8333     90%

Major Kitchen Remodel     Cost $23,975    Resale $18,500  77%

New Windows                     Cost $7406       Resale $4666     66%

Bathroom Remodel             Cost $9631        Resale $5677     59%

For more information call the JonRon Real Estate Team                                                                     

 JUMBO AIRPLANES ARE COOL !

JUMBO DESSERTS ARE BETTER !

JUMBO LOANS CAN BE GOOD TOO!  There are great deals in the upper price ranges in Orange County.  Our upscale CASH BUYERS are getting major discounts on their dream homes.  For three years the jumbo loans were virtually gone.  Now they are almost back to normal with five year low interest rates.  It may be time to look for that dream home.  The loan you need is available.

CALL THE JONRON REAL ESTATE TEAM TODAY.

Yes we really do live in Paradise.

Check out the link for a video of south orange county from the top of Niguel Summit.

CALL THE JONRON TEAM TO LIVE IN PARADISE

We Realtors have to advertise - Right?  So one way we do it is with our contests.  Check it out.  No purchase required.

From the JonRon Real Estate Team - Go USA.

Doesn’t mean a short or quick close - THAT IS FOR SURE.

Doesn’t mean your Realtor is vertically challenged.

To find out log on to our short sale website. 

Thanks from the JonRon RE Team.

Check out this new listing on a culdesac in the Rancho Niguel subdivision of Laguna Niguel.  Three bedroom with a unique design built 5 years after the rest of the tract.  Updated kitchen and new bath plus view.  Walk three blocks to the famous Rancho Niguel Club with 8 tennis courts, indoor racquetball, weight room, sport courts and heated year around lap pool. Price $635,000 - standard sale.

Call the JonRon Team today for private showing. Check out our Spring Contest too.

Don’t be a fence sitter! Home-buyers should act sooner rather than later.

Did you know that the Feds do not determine the mortgage interest rate?  This largest determining factor are bonds.  We watch the 10 year bond.  The Feds determine the short term rate at which banks loan to each other.  If the Feds keep rates artificially low for too long and the public feels like the economy is improving they will take money out of bonds and interest rates will go up.  If the Feds raise rates too early the public may flock to bonds for safety and the rates will go down.

If you were to buy a home today at current rates under 5% you would have a super good rate and save long term interest.  If you wait till the interest rates go up 1% then you would have to buy your home for a full 10% less to have the equivalent payment.  In addition the long term cost of the loan goes way up.   Fence sitting is for the BIRDS.

CALL THE JONRON REAL ESTATE TEAM.

CONGRATULATIONS ****

$100 Gift Certificates to the Melting Pot Restaurant -

Joy Robinson & Family and Vicky Smithwa & Family

BOX OF SEE’S CHOCOLATES - Winners

Cheryl Deacon, Maryte Hansen, Deborah Hartman, Tom & Teresa Howe, Ami McGloon, Mike & Lana Oliver, Brad Parker, Sarah Sharifan, Shelley Wagner & Holli Gutierrez.

Watch for our next ”Spring Cleaning Contest” coming soon from the JonRon Real Estate Team.