OC-Appraisals Ca Real Estate News

OC-Appraisals, Orange Co, Ca Residential Appraiser
October 22, 2018  Monthly Newsletter  
Challenges in Today's Housing Market

Challenges in Today's Housing Market

2018 has seen many changes:  

  • New Tax Laws
  • Mortgage Interest rate increases
  • Stock Market in Flux
  • Import/Export tariffs proposals 
  • Reduced inventory
  • Fire storms and Hurricanes
  • Increase in utilities (SDGE) rates in some areas
  • Current Market Values at or near the high values in 2006-2007 
  • The 10 year anniversary of the Financial Meltdown

What do any of these factors have to do with the Current Housing Market?
Are we on the verge of another "Bubble Burst"?
I don't think any of our "Crystal Balls" can tell us.
We may be looking at the "New New". 

Here are  some of the market data points to consider:


  • Inventory levels
  • Days on the market
  • Were there Multiple offers
  • Price reductions
  • Lower Original List prices compared to Closed Prices
  • Seasonal: was the prior spring/summer season was different this year from last year?
  • Prior 2-3 year sales and listing data
  • Market high - low ranges for all the wide range of products in each market.
  • Most IMPORTANT QUESTION: Can you re-sale this property (10-90 days after the contract or COE date), for the same price/dom, with or with out any "sweeteners".

The value of the dollar or purchasing power is decreasing over time
Have you seen a decline or increase in the number of Foreign purchasers or investors in the last 6 months?
Foreign & Investor buyer's hedge against future inflation and low returns on alternative investments.
Zillow - How are their "report market values" changing how potential buyer's/seller view the market?

My head is spinning around, just thinking about everything we as Real Estate Professionals, must pay attention to.

Market changes do not always change as quickly as the Sept 2007 period.
Have potential buyer's attitude changed from the 2002-2007 season?
Are potential buyers not as quick to purchase, more educated about purchasing and financing,
Are they willing to take their timelooking for the "perfect" home, price, location, interest rate ?

On to happier thoughts Halloween, my favorite time of the year!
Have a Safe October.




If you have any comments ,I'd like to hear from you.

Happy Fall!


 Susan Sauer





Posted by Susan Sauer on October 22nd, 2018 2:42 AMLeave a Comment

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OC-Appraisals, Orange Co, Ca Residential Appraiser
September 2018  Monthly Newsletter  
Video Link to Passive House "Ice Box" Challenge
(714) 328-3115

September 2018  Newsletter
Video Link to Passive House "Ice Box" Challenge

(714) 328-3115

September 27, 2018


Video Link: Passive House "Ice Box" Challenge



This video is a good example of the benefits of a "Passive House" built above the standard building codes.
The video is just a couple minutes long.
As they say a picture is worth a thousand words...

Here is a link to a "Ice Box Challenge" in Canada.
This shows the tangible and most visible illustration of the impact of a High Performance enclosure, as compared to a "Standard" built to code "house".
This experiment was in Vancouver BC, Canada


The difference between the 2 Ice Box tiny houses?
1.  better air sealing
2.  more insulation
3.  triple pane windows

As an appraiser - the more information the Listing Agents can enter into the listings, about the "green / passive house" items (spray foam insulation, thicker walls, sealed attic, separate in/out flow of air),
the reduced cost of heat/air per month/year.  
This is all information we can discuss in our appraisal reports - which equals higher market value.

There are also special finance programs for homes that are "Green/Passive High Performance".
Just another selling tool suggestion for you.


If you have any comments or have sold any homes like these, I'd like to hear from you.

Happy Fall!


 Susan Sauer
(714) 328-3115

Posted by Susan Sauer on September 27th, 2018 5:11 AMLeave a Comment

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June 12th, 2018 5:11 AM

June 6, 2018

Video Links: Building Performance

8 Rules of Building Performance http://constructioninstruction.com/?s=8+rules

Energy Recovery Ventilators (ERV) used in most Passive Hs https://youtu.be/Ut9wQmbUY7I

ERV #2 Karuna Passive House, Portland https://youtu.be/htYovlZuiNE

Advanced Framing - https://youtu.be/UDsaMFY3OcEt Towards end he also talks about thermal bridging and exterior insulation

Thermal bridging https://youtu.be/0gNUs84RHqc has some good infrared camera images

Thermal bridging https://youtu.be/P3sLkWGuVOE

Applying spray foam for air sealing - https://youtu.be/4Sz36u8c9U0

First Field Training we had in Stockton, Sept 2017 https://youtu.be/3nPBww2hh4s

Posted in:General
Posted by Susan Sauer on June 12th, 2018 5:11 AMLeave a Comment

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May 9, 2018
Energy Commission Adopts Standards Requiring Solar Systems for NewHomes, First in Nation

SACRAMENTO- Moving to cut energy use in new homes by more than 50 percent, the California Energy Commission today adopted building standards that require solar photovoltaic systems starting in 2020. The building energy efficiency standards, which are the first in the nation to require solar, will reduce greenhouse gas emissions by an amount equivalent to taking 115,000 fossil fuel cars off the road.

The cost-effective Building Energy Efficiency Standards, which take effect onJan. 1, 2020, focus on four key areas: smart residential photovoltaic systems, updated thermal envelope standards (preventing heat transfer from the interior to exterior and vice versa), residential and nonresidential ventilation requirements, and nonresidential lighting requirements. The ventilation measures improve indoor air quality, protecting homeowners from air pollution originating from outdoor and indoor sources. For the first time, the standards also establish requirements for newly constructed healthcare facilities.

"Under these new standards, buildings will perform better than ever, at the same time they contribute to a reliable grid," said Commissioner Andrew McAllister, who is the Energy Commission's lead on energy efficiency.. "The buildings that Californians buy and live in will operate very efficiently while generating their own clean energy. They will cost less to operate, have healthy indoor air and provide a platform for 'smart' technologies that will propel the state even further down the road to a low emissions future."

Under the new standards, nonresidential buildings will use about 30 percent less energy due mainly to lighting upgrades. For residential homeowners, based on a 30-year mortgage, the Energy Commission estimates that the standards will add about $40 to an average monthly payment, but save consumers $80 on monthly heating, cooling and lighting bills.

"With this adoption, the California Energy Commission has struck a fair balance between reducing greenhouse gas emissions while simultaneously limiting increased construction costs," said California Building Industry Association CEO and President Dan Dunmoyer. "We thank the Commissioners and their staff for working with the building industry during the past 18 months and adopting a set of cost-effective standards that ensures homebuyers will recoup their money over the life of the dwelling."

For more information about the 2019 standards, view the frequently asked questions,blog post, and infographics for residential and non residential buildings.

# # #

About the California Energy Commission
The California Energy Commission is the state's primary energy policy and planning agency. The agency was established by the California Legislature through the Warren-Alquist Act in 1974. It has seven core responsibilities: advancing state energy policy, encouraging energy efficiency, certifying thermal power plants, investing in energy innovation, developing renewable energy, transforming transportation and preparing for energy emergencies.

For more information:

Posted by Susan Sauer on June 12th, 2018 5:11 AMLeave a Comment

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June 5, 2018

Assembly Bill 1668 establishes a limit of 55 gallons per person daily as the standard for indoor residential water use, starting in the year 2022. Violators will have to pay a fine of $1,000 per day during normal seasons and $10,000 per day if “the violation occurs in a critically dry year immediately preceded by two or more consecutive below normal, dry, or critically dry years,”

Are these new "Standards" realistic in todays real world?

Will these new H20 standard have an impact of housing prices?

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Posted by Susan Sauer on June 12th, 2018 5:11 AMLeave a Comment

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