With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
“Nationwide, the share of new homes with two or more stories fell from 53% in 2018 to 52% in 2019, while the share of new homes with one story grew from 47% to 48%.”
July 12, 2021Potential buyers are being fooled into thinking it is not a good time to purchase and are delaying […]
Down payments can reach daunting heights in California. Learn how DPA programs can help eligible homebuyers.
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR)
We forecast that mortgage rates will continue to rise through the end of next year. We estimate the 30-year fixed mortgage rate will average 3.4% in the fourth quarter of 2021, rising to 3.8% in the fourth quarter of 2022.
June 28, 2021When there is so much noise swirling around housing, it is a good idea to take a step […]
As the pandemic winds down, many communities in Orange County are planning brilliant celebrations this Fourth of July in order to celebrate the strength that America so vividly displayed in the last year. If you’re looking to celebrate Independence Day properly this year in the Orange County area, here are seven events you won’t want to miss!
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage […]
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.