News

Dec. 10, 2019

Housing inventory expected to naturally free up over the next 20 years

 

It’s being called the Silver Tsunami. Zillow analysts report that over the 2017-2027 period, 920,000 baby boomer-held homes will be freed up yearly, with 1.17 million materializing in the succeeding years, from 2027-2037. That means 20 million more properties, (approximately 27 percent of the current owner-occupied stock ...

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Dec. 5, 2019

OC Housing Report: Baby It's Cold Outside

The holidays are officially here, and so is the slowest time of the year for real estate.

 

The Holiday Slowdown: From Thanksgiving to the end of the year, it is the slowest time of the year for housing when both the inventory and demand drop to annual lows.

  ...

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Dec. 3, 2019

Home Sales Report Good Numbers

Way to begin ending 2019 with a bang. According to The U.S. Census Bureau and Department of Housing and Urban Development reports home sales surged to surpass sales a year earlier by 31.6 percent, more than doubling the annual increase the prior month.

 

While sales of newly ...

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Nov. 26, 2019

Single-family rentals continue to get more expensive

 

Apartment living has its advantages, but it seems today's renters are opting for single-family homes instead of schlepping their bags of groceries up elevators. More room for their pets to roam? Possibly. After all, it's reported that 75% of renters own a furry friend. All we know ...

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Nov. 19, 2019

OC Housing Report: Don't Miss Out

It is time to get off the fence before values rise and while mortgage rates are so low.

Cost to Waiting: Housing is poised to get hotter next year, setting the stage for appreciation.

 

Disneyland is known as “The Happiest Place on Earth.” Yet, sometimes the amusement park ...

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Nov. 18, 2019

The same reasons millennials want city-centered living now applies to boomers

 

They’re built in the heart of the city, these high rise buildings close to restaurants, shopping, and entertainment. The demographic developers had in mind was millennials, who would prefer to walk their babies past five different Starbucks than live in suburbia.

See Irvine's "Airport Area" to see what ...

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Nov. 11, 2019

What a Twist!

The housing market just dramatically improved as the inventory plunged and demand increased.

Sudden Improvement: The Expected Market Time just dropped by 8%.

Was it the nanny? How about the next-door neighbor? The uncle or family friend? Classic “whodunit” movies are intentionally designed to keep the audience on the edge ...

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Nov. 5, 2019

Recent rate cut means smiles for mortgages and credit cards, sad news for savers

When the Federal Reserve cuts rates, there is a reason for it. While there is no crystal ball, the Feds look for signs of a slowing economy and often hedge their bets by announcing a rate cut to encourage more consumer spending.

 

The effects of three rate cuts over ...

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Oct. 31, 2019

Don't be spooked by the Irvine real estate market

I appreciate that buying a home and getting a mortgage can seem scary, challenging and overwhelming. 

But that is about to change....  With me and my associates by your side, you’ll have all the guidance and support you need, every step of the way, so you can enjoy ...

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Oct. 29, 2019

Accessory dwelling units are being used for fun, family and profit

 

Casitas. Granny flats. Tiny homes. Back yard in-laws units. She-sheds. Man caves. Call them what you will, but across the country they are now being used not only for fun, but for profit as well.

 

According to a recent article by CNBC, the latest housing trend in backyards ...

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