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Video List: Top 4 Worst Aspects of O.C. Real Estate Market

All things frustrating about today's real estate market.

  1. We un-love the way Orange County short sales make the sellers, the buyers, and the real estate agents wait in a state of limbo even Mr. Freeze, one of Batman’s fiercest enemies, could not replicate with his blasted gun.  Caught, as we all are, in the grips of rigor; unable to make a move in any direction without a decision from the bank. We do not love thee so much. (To see this list in video, click the link on the upper right of this page).
  2. We un-love the way that so many homes, once lived in by joyful people, now sit empty and alone. No one there day in and day out to catch it when the pipe under the sink bursts or the valve to the water supply in the refrigerator cabinet leaks. Water, where it’s not supposed to be, and time are a dangerous combination inside a vacant home. Mold is likely to follow. We really unlike mold.
  3. We un-love the vice grip of constraint the lending laws and regulations have placed on buyers trying to get a loan. The indefatigable pursuit of every last bit of hard evidence of financial solvency up to the second before the home buyer's loan is funded. We have performance anxiety in our jobs and sometimes in our families. We do not need the added pressure these constraints apply at the last possible minute. We really unlike melodrama at our own front doors. It blocks the way for the moving truck.
  4. We un-love the incongruity of list prices of homes for sale today. Like Goldie Locks picking out the right porridge, good Mission Viejo Realtors have to explain to sellers and buyers why one is too high (equity sellers) one is too low (short sales) and one is just right (REOs.) We un-love the tease of the too-low pricing and the outrageousness of the too-high pricing.

We look forward to a return to the halcyon days of simpler times in Orange County Real Estate. Come back. Soon.

Call me with your questions on today's Mission Viejo Real Estate market. Please. 949-678-3373.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Katherine November 02, 2012 at 04:30 AM
What an insipid article. Is this a way to advertise yourself as a realtor without paying for ad space?
Leslie Eskildsen November 13, 2012 at 12:56 AM
I take it you have no interest in what's going on in the local real estate market. FYI - it's a blog, not an article or an advertisement. Insipidness is in the eye of the beholder.

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