The distractions of summer impact the housing market. The busiest time of the year in terms of demand, the Spring Market, comes to an end with the conclusion of the school year and graduations.
It boils down to perspective. Looking only at housing prices tells only part of the story. It is important to also consider household incomes and the prevailing mortgage rates.
Once again, housing is soaring upward with seemingly no end in sight. Buyers are tripping over each other, willing to pay tens of thousands of dollars above the asking price.
The lower price ranges are disappearing with far fewerhomes available to purchase, and it is impacting thenumber of affordable closed […]
Orange County Housing Report:Extra! Extra! Inventory Rising! A Rising Inventory After continuously dropping since last October, the active listing inventory […]
Cost of Waiting Housing will become more unaffordable as homes continue to rapidly appreciate and mortgage rates rise. Ask any […]
Jeanette’s Insights It’s almost Springtime, you know what that means, people start to consider moving between April and August. If you […]
There’s still a lot of buyer interest in today’s market and very little inventory, ultimately resulting into a bidding war. Interest in luxury homes in Orange County have also increased. Curious to know more? Read this quick market update.