Significantly higher mortgage rates are preventing a massive number of homeowners from selling their homes, and the trend has only grown more problematic recently. In August there were 30% fewer FOR-SALE signs than the average prior to COVID, m...
Even with muted demand due to the higher mortgage rate environment, the muted supply of available homes has allowed the Orange County housing market to continue to line up slightly in favor of sellers. A “Normal” Market-The insane pace of t...
Match severely weakened demand due to the sharp rise in mortgage rates with a relentlessly low supply of homes, and the result is a substantial slowdown in housing that still favors sellers. It does not mean that housing is in crisis and that v...
In comparing this year to last year, the housing market is profoundly different with higher mortgage rates, more available homes, much lower demand, and significantly longer market times.
ATTENTION SELLERS: Carefully arriving at the Fair Marke...
JUST SOLD Over Asking Price, All Cash, In Days! 4 Beds 5 Baths 4521 sqft. *Representing the buyer and seller!
28631 Martingale Dr., San Juan Capistrano, CA 92675 – Orange County – Oaks Farms
Striking quality built home with elabor...
There are two opposing economic forces impacting the housing market right now, rising mortgage rates and a record low supply of homes available to purchase.
Since ringing in a New Year, mortgage rates have been steadily climbing, eroding hom...
CRACKS APPEARING
Even though housing is insanely hot, trends have emerged that confirm that the Orange County housing market is starting to cool.
CRACK – The current active inventory has increased by 60% since mid-January.
CRACK – ...
Filed Under: Aliso Viejo CA Homes, CA 92675, CA Real Estate, Dana Point Ca Real Estate, Featured, Homes For Sale In Southern California, Ladera Ranch CA Homes, Laguna Beach CA Homes, Laguna Hills Ca Homes, Marbella Country Club, Missio...
Many mistakes the Summer Market as the busiest time of the year for housing, yet it is the Spring Market that is home to the most real estate activity year in and year out.
More homes come on the market during the spring than any other time ...
It is no longer low mortgage rates that are stoking the fires of demand; instead, it is the severe inventory shortage. When a record low number of available homes is matched with fierce pent-up demand, it results in an auction where homes sel...