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To go along with record low mortgage rates, it is the hottest start to a year since tracking began in 2004. Hot Seller’s Market With a record low supply of homes available to purchase and staggering demand, the market is extremely hot. The unveiling of the new Star Wars: Galaxy’s Edge at the Disneyland Resort in Anaheim was … [Read more...] about ORANGE COUNTY HOUSING REPORT-BLAZING BEGINNING

HAPPY NEW YEAR!!! Now, what does that mean for Orange County real estate? After starting the year with very few available homes to purchase, the inventory only grew slightly, plunging to unbelievably low levels during the second half of the year. The year started with an active inventory of 3,692 homes, only the third time it … [Read more...] about ORANGE COUNTY HOUSING REPORT-A 2021 FORECAST

Mortgage rates may be at record lows, but they are poised to increase next year. Interest Rates The current 30-year mortgage rate is at 2.7%, a 14th record low since March. Black Friday, Cyber Monday, Amazon Prime Day are all days that countless Americans look forward to cashing in on the very best deals of the year. From … [Read more...] about ORANGE COUNTY HOUSING REPORT-LOCK IT IN!

With an unrelenting lack of supply of homes FOR SALE, it will not be a buyer’s market anytime soon. An Ongoing Seller’s Market Housing has lined up in favor of sellers for years now and it is due to a low inventory of homes available to purchase coupled with strong demand boosted by historically low mortgage rates. It is … [Read more...] about ORANGE COUNTY HOUSING REPORT-BUYERS’ FRUSTRATION