Trending First Time Home Buyers….WHO ARE THEY?


While the overall number of first-time homebuyers continues to decline, one segment of the population is bucking the trend. Young people ranging in age from their late teens to mid-30s, known as millennials, are the largest and fastest growing group of homebuyers, according to the National Association of REALTORS® (NAR). Instead of converted industrial spaces and hip coffee shops in city centers, these young people are opting instead for older single-family homes with manicured lawns and soccer leagues in the suburbs.

The median age of millennials, 30, is the driving force behind this trend. “This is typically the time in life where one settles down to marry and raise a family,” says Lawrence Yun, NAR’s chief economist. And these buyers are choosing the suburbs over the city, he adds, because of a shortage of condos in urban centers fitting their entry-level price range. “Affordability pressures make buying in the city extremely difficult for most young households,” he says. “Even if an urban setting is where they’d like to buy their first home, the need for more space at an affordable price is for the most part pushing their search further out.”

Source: Council of Residential Specialists

Michael Caruso is a long time member of the Council of Residential Specialists, designation CRS

mcaruso@surterreproperties.com

www.CarusoRealEstate.com

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Desiderata – An Inspirational Poem


 

 

Motivational Monday Quote ~ Be Happy

 

 

Desiderata

 — written by Max Ehrmann in the 1920s —

 

Go placidly amid the noise and the haste,
and remember what peace there may be in silence.

As far as possible, without surrender,
be on good terms with all persons.
Speak your truth quietly and clearly;
and listen to others,
even to the dull and the ignorant;
they too have their story.
Avoid loud and aggressive persons;
they are vexatious to the spirit.

If you compare yourself with others,
you may become vain or bitter,
for always there will be greater and lesser persons than yourself.
Enjoy your achievements as well as your plans.
Keep interested in your own career, however humble;
it is a real possession in the changing fortunes of time.

Exercise caution in your business affairs,
for the world is full of trickery.
But let this not blind you to what virtue there is;
many persons strive for high ideals,
and everywhere life is full of heroism.
Be yourself. Especially do not feign affection.
Neither be cynical about love,
for in the face of all aridity and disenchantment,
it is as perennial as the grass.

Take kindly the counsel of the years,
gracefully surrendering the things of youth.
Nurture strength of spirit to shield you in sudden misfortune.
But do not distress yourself with dark imaginings.
Many fears are born of fatigue and loneliness.

Beyond a wholesome discipline,
be gentle with yourself.
You are a child of the universe
no less than the trees and the stars;
you have a right to be here.
And whether or not it is clear to you,
no doubt the universe is unfolding as it should.

Therefore be at peace with God,
whatever you conceive Him to be.
And whatever your labors and aspirations,
in the noisy confusion of life,
keep peace in your soul.

With all its sham, drudgery, and broken dreams,
it is still a beautiful world.
Be cheerful. Strive to be happy.

 

Caruso’s Saturday Shot ~ When Life Gives You Lemons…


When life gives you lemons, make lemonade!

We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our

Marketing Plan

And thank you for making me Your Orange County Real Estate Connection.

http://www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 495-8600

Carpe Diem…


Special Day Today ~ 12.12.12

It is the last repeating number date of the century, and just possibly holds a bit of magic.  So go seize the day and make it magical.

    

Carpe diem…

 

We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our 

 Marketing Plan 

And thank you for making me Your Orange County Real Estate Connection.     

www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 495-8600  

Caruso’s Friday Funny & Quote


Ho! Ho! Ho!  Even Santa played…

 

The only real mistake is the one from which…we learn nothing. ~ John Powell

 So… this year,  I’ll try to do my Christmas shopping early instead of waiting till last minute!

 

Happy Friday, Everyone!

 

  We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our 

Marketing Plan 

And thank you for making me Your Orange County Real Estate Connection.     

www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 495-8600  

 

 

 

Caruso Never Sleeps ~ Fall Means Time to cut back Watering


Summer is over and I miss it already as the days grow shorter. Now we can be efficient with water usage. October, November and December are traditionally when Southern Californians waste most water. That is because while the weather remains relatively warm, many plants begin to go dormant and as a result they require far less water. Most people can reduce their water consumption 40% o 70% at this time of year and still have healthy plants. You can conserve thousands of gallons of water during these 3 months alone by:

1)      Cut down lawn watering to 2 days a week about 4 minutes per watering

2)      Plant more California-Friendly native plants – talk to your local nursery

3)      If you have a standard manual sprinkler timer, replace it with a smart timer that automatically adjusts your water with the weather…and you might get rebates from your water supply company too!

 And…Thank you for making me Your Orange County Real Estate Broker!

 Michael Caruso   949-495-8600   www.MichaelCarusoRealEstate.com

Orange County Mid October Events


October Orange County Events

Haunt at Heritage Hill     Oct. 19
Dare to take part in the “Friday Night Fright,” as the park is transformed into a haunted adventure that is fun for teens and adults alike. Heritage Hill Historical Park: 25151 Serrano Road, Lake Forest. www.ocparks.com/heritagehill

Golf Tournament & Helicopter Golf Ball Drop     Oct. 19
Enjoy a fun, relaxing day of golf while supporting animal rescue. Entry Fee includes: Golf, cart, range balls, lunch, dinner and FREE BEERS and water while you golf! Tijeras Creek Golf Club: Rancho Santa Margarita. www.greatpets.org

 Silverado Days     Oct. 19-21
Community festival includes games, crafts, contests, rides, food and fun for the whole family. Featured contests include World Amateur Arm Wrestling Championship, Amateur Horseshoe Contest, Baby Contest, Dog Show, Chili Cook-off. William Peak Park: 7225 El Dorado Dr., Buena Park.

Autumn Harvest Festival     Oct. 20
Festival with family fun attractions that include the Princess Bride trick-or-treat stations, The East India Trading Company Pirate Adventure Maze and the Harry Potter School House. Heritage Hill Historical Park: 25151 Serrano Rd., Lake Forest. www.ocparks.com/heritagehill

Great Park Pumpkin Harvest     Oct. 20
Experience the time honored tradition of fall activities and family fun including: pumpkin patch, pumpkin decorating, pumpkin carving demo, treat stations, mini hay maze, train rides, art and craft activities, and more. OrangeCounty Great Park: Irvine. www.ocgp.org

Blackie’s Longboard Assoc. Halloween Costume Contest     Oct. 27
Blackie’s by the Sea, a Newport Beach surfing institution, calls out costumed surfers to compete in this fun event off of Newport Pier, judging surfers not only by their surfing technique, but by their spooky and outrageous Halloween costumes! www.visitnewportbeach.com

Rancho Los Alamitos Family Festival     Oct. 28
California on the Move, a family festival with demonstrations, maps, music and activities. Explores how people got to California, where they were coming from and how they moved around. 12-4:30pm. Rancho Los Alamitos: 6400 Bixby Hill Rd. Long Beach. www.rancholosalamitos.com

Wings, Wheels and Rotors Expo     Oct. 28
Civilian and military helicopters and aircraft, plus a custom car show featuring classics, muscle cars and more than 300 varieties. Vendor fair with more than 100 exhibitors. 9am-4pm. Joint  forces Training Base, Los Alamitos. www.wwrexpo.net

  

We Are Now Accepting Qualified Listings

 

Now providing “Short Sale Services”

 Call Today for More Info on Our Fall into Fall Marketing Plan 

 

And thank you for making me Your Orange County Real Estate Connection.     

www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 753-7900