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Orange County Housing Report:  Wait and Afford Less

Orange County Housing Report: Wait and Afford Less

Orange County Housing Report:  Wait and Afford Less March 25, 2018  Good Afternoon!   With rising interest rates, purchasing power drops for buyers considerably the longer they wait. Purchasing Power: An increase in interest rates by 1% translates to an 11% drop in the home a buyer is able to afford. For the past several […]

Orange County Housing Report:  Too Much Noise

Orange County Housing Report: Too Much Noise

Good Afternoon! Everybody seems to have an opinion about the direction of the housing market. Ignore the Noise: From talk of a housing bubble to speculation that the market will slow because of higher rates, the best advice is to ignore all of the noise and turn to the facts. Wow! There is a lot of […]

Orange County Housing Report:  The Spring Market Has Arrived

Orange County Housing Report: The Spring Market Has Arrived

Orange County Housing Report:  The Spring Market Has Arrived February 11, 2018  Good Afternoon!  With demand exploding onto the scene, it is officially the best season to sell a home. Spring Market: The activity below $1 million is nothing short of CRAZY!! In Southern California, it is hard to tell the seasons apart. You have […]

Orange County Housing Report:  On Your Mark, Get Set, Go!!!

Orange County Housing Report:  On Your Mark, Get Set, Go!!!

January 28, 2018 Good Afternoon! With the holidays behind us, the 2018 Orange County housing market is beginning to rev its engine. Heating Up Fast: With a low housing supply and fierce demand, the housing market is accelerating fast. In the blink of an eye, Starbucks holiday cups are gone, all of the ornaments are […]

Orange County Housing Report:  Happy New Year – A 2018 Forecast

Orange County Housing Report: Happy New Year – A 2018 Forecast

HAPPY NEW YEAR!!!  Now, what does that mean for Orange County real estate?  First, let’s take a look back at what happened in 2017 in terms of the inventory, demand, expected market time, luxury properties, and distressed properties. Active Inventory: A chronic lack of inventory defined 2017 and the year finished at levels not seen […]

Orange County Housing Report:  A Holiday Lull

Orange County Housing Report: A Holiday Lull

Good Afternoon!  The Holiday Market is in full swing, bringing a lot less inventory and the lowest level of new deals for the year. The Holiday Slowdown: Year in and year out December is notoriously the slowest month of the year in terms of demand and new sellers placing their homes on the market. In […]

Orange County Housing Report:  Not Anytime Soon!

Orange County Housing Report: Not Anytime Soon!

Good Afternoon!  With an unrelenting lack of supply of homes FOR SALE, it will not be a buyer’s market anytime soon. Not a Buyer’s Market: Since 2012, the active inventory for Orange County has been extremely limited. It is time to load the plate with turkey, ham, sweet potatoes, string beans, mashed potatoes, Brussels sprouts, […]