As rates rise, the price of a home that a buyer is able to afford drops
considerably, especially in the higher price ranges.
The Squeeze on Affordability: With interest rates expected to rise, … [Read More...]
Home listings are most likely to debut on Thursdays and Fridays, with Fridays being the most common listing day by a slight margin, according to research by the National Association of … [Read More...]
Oscar Sol has spent the past five months searching for a home he can afford to buy.
But so far, he has struck out.
“I’m looking for a condo or town home, something in the price range of $300,000 … [Read More...]
You know how you’ve always wanted to expand your family room to make it more open? Or how you’ve been dying to add an extra bathroom that you can have all to yourself? Well, our magic eight ball says … [Read More...]
An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with … [Read More...]
Mortgage rates increased for the sixth week in a row to highs not seen in more than two years.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed … [Read More...]
Prepping and staging a house. Every seller wants her home to sell fast and bring top dollar. Does that sound good to you? Well, it's not luck that makes that happen. It's careful planning and … [Read More...]
Homeowners in Orange County have benefited significantly from a rise
in values, pushing affordability considerably lower.
Values and Affordability: there are fewer and fewer choices … [Read More...]
The 2016 Orange County housing market has been incredibly hot, yet there are plenty of unsuccessful sellers.
Unsuccessful Sellers: There are 7% more homes pulled off the market this year compared … [Read More...]
Despite the Autumn Market, demand is hot thanks to the early arrival of the end of the year surge in housing.
A Cyclical Surge in October: From now through the first couple of weeks of November, it … [Read More...]
Housing is shifting gears quickly now that the kids are back in school.
Housing in Autumn: The Orange County housing market is quickly evolving as it enters the Autumn season.
In the coming weeks, … [Read More...]
Hello real estate enthusiasts!
Housing in Orange County is as hot as the heat wave
The Summer Market: The Summer Market has been the hottest since the heydays of housing prior to the … [Read More...]
Since half of 2016 is behind us, it is helpful to take a look at
where we have been, where we are now, and where we are
Housing Checkup: Occasionally, it is wise to take a … [Read More...]
The inventory is growing at a rapid pace and will eventually
cool the Orange County housing market.
Rising Inventory: The active listing inventory grew at the fastest pace this year in the past … [Read More...]
1. A Home Sold but Not Bought
When you put your home on the market, getting an offer can be easier than finding a house you'd like to purchase. This can put you in the position of nearly having … [Read More...]
With less than a month left in the Spring Market, the best timeof the year to sell is about end.
End of the Spring Market: Without exception, the Orange County housing market downshifts every … [Read More...]
The Orange County housing market is hot with the strongest demand
in three-and-a-half years.
HOT Seller’s Market: Homes priced below $1 million are flying off the market.
The Orange County … [Read More...]
After a shaky start, Orange County housing is proving to be
durable and strong.
A 1st Quarter Overview: The housing market continues to lean in favor of the seller. Due to … [Read More...]
The Spring Market has officially arrived and demand is poised to
continue its spring surge.
Spring Market: Over the next month, demand will rise to its highest levels of the … [Read More...]
For the past seven years there have been significantly fewer sellers
coming on the market.
Not Enough Sellers: since 2009, fewer homeowners have been diving into real estate in spite of massive … [Read More...]
Ever since ringing in the New Year, 2016 has had its own look and
feel and it is not a repeat of last year.
Not 2015: Demand is off by 11% and the inventory is 9% less than last year.
This … [Read More...]
With holiday distractions behind us, the Orange County housing Market has thawed and is beginning to rev its engine.
Housing Awakens: Inventory and demand improved dramatically in the past couple … [Read More...]
Lack of inventory has been the theme of the Orange County housing market for several years now.
Active Inventory: There just are not that many sellers on the market to start 2016. The Orange County … [Read More...]