News

Feb. 11, 2020

Temperature’s Rising

 

The Orange County housing market is officially a HOT Seller’s Market.

 

Getting Hot: The market is getting crazy hot below $1 million.

 

Mother Nature’s seasons do not matter. Sitting outside, watching one of the kid’s games from the sidelines can get really hot when there are no ...

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Feb. 6, 2020

Demand for homes is on a fast track for 2020

 

The demand for housing is coming at the market like a freight train, with the law of supply and demand on full display. The ongoing shortage of available homes for sale combined with a surge of homebuyers is forcing home prices up, according to Redfin. And where it stops ...

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Jan. 31, 2020

How To Throw A Great Superbowl Party

While your team may not have made it to the final game, the Superbowl is the perfect excuse to bring together your family and friends for a day of fun. Whether the 49ers or the Chiefs win, you can throw a party that will be sure to win. 

Here ...

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Jan. 29, 2020

Pedal to the Metal

 

With the holidays in the rearview mirror, the 2020 Orange County housing market is revving its massive engine.

 

Getting Hot: Strong demand and a low supply of available homes is allowing the market to accelerate fast.

 

Drag racecars are loud. After a quick burn of the tires ...

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Jan. 27, 2020

Mortgage rates have fared better than anyone expected

 

Reflecting back on 2019, we discover that the mortgage market in 2019 had its best year since the height of the pre-crisis boom, even though it was anyone’s ball game judging by what was going on early last year.

 

“Lenders extended $2.4 trillion in home loans last ...

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Jan. 15, 2020

Home buying heats up as the new decade begins, led by the West

 

New home sales numbers are coming out as we begin 2020, and they’re encouraging ones. According to Realtor’s Jacob Passy, the index of pending home sales increased 1.2% in November from the previous month, as reported to the National Association of Realtors.

 

In Orange County December Property ...

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Jan. 15, 2020

Bone-Dry: A Supply Problem

For years, there have not been enough homes on the market, and the start to 2020 is especially pronounced.

 

Low Supply: The active inventory is extremely low to start the year, down 34% compared to the start to 2019.

 

Life is a time crunch. Inevitably, important errands are ...

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Jan. 8, 2020

Low housing inventory persist as the decade begins

While getting perspective on what the real estate market was like a decade ago can help make you appreciate the current market, it won't make some realities disappear. Back in 2010, many homeowners were desperately hoping to hang on to their homes. Others were desperate, doing everything they could ...

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Dec. 18, 2019

Orange County Housing Report: What a Difference a Year Makes

The housing market is a lot hotter than many think and 2020 is going to line up heavily in favor of sellers.

A Warm December: With an Expected Market Time of 70 days for all of Orange County, this is the warmest December since 2017 when housing was hot.

So ...

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Dec. 17, 2019

The housing market continues to see strength in 2019

 

Bankrate's Natalie Campisi reports that as the third quarter of 2019 closed, homebuyers were in control, with lower rates and slowing home price appreciation. Housing inventory, however, remains squeezed.

 

Campisi quotes Fannie Mae's chief economist, Doug Duncan: "Our view is that the housing market peaked in ...

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