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Even with a rising mortgage interest rate environment, it is the hottest start to a year since tracking began in 2004 by a landslide. Insanely Hot Seller’s Market- With a ridiculously record low supply of homes available to purchase matched with strong demand, the housing market is white hot. ATTENTION … [Read more...] about ORANGE COUNTY HOUSING REPORT-UNPRECEDENTED START

HAPPY NEW YEAR!!! Now, what does that mean for Orange County real estate? The shock of going into a pandemic may have disrupted the housing market in 2020 for a few months, but there was no disruption in 2021. Demand surged despite COVID’s winter wave, summer delta wave, and the current omicron wave. If anything, it has kept … [Read more...] about ORANGE COUNTY HOUSING REPORT-A 2022 FORECAST

Everyone is intensely focused on the prices of home when the real focus should be the ability to write a check for the monthly mortgage payment. The low mortgage rate environment has resulted in substantially smaller payments, allowing home prices to rise considerably as well. Everyone is acutely aware that home prices have … [Read more...] about OC HOUSING REPORT-NOT ABOUT THE PRICE

For years, there have not been enough homes on the market, but the trend has only grown worse with COVID and the historically low interest rate environment. Inventory Running on Empty-The inventory is at an all-time low and it is only going to drop from here. In climbing into the family car to run errands, there are times … [Read more...] about ORANGE COUNTY HOUSING REPORT-INVENTORY CATASTROPHE

With an astonishingly limited supply of available homes to purchase matched up with blistering hot demand due to record low mortgage rates, the overall housing market in Orange County is insanely hot!   Hot November Housing-With an Expected Market Time of only 23 days, the Orange County housing market is hotter than it … [Read more...] about ORANGE COUNTY HOUSING REPORT-NOVEMBER HOUSING HEAT WAVE