by Ben | Dec 14, 2021 | Buyer Resources, Investor Resources, Seller Resources
Orange County real estate for the month of November continued to be a strong seller’s market based on the underlying data. The median sales price of $925,000 in November was up 17.1% compared to prior year. Prior month, the median sales price was $910,000. The...
by Ben | Dec 7, 2021 | Buyer Resources, Investor Resources, Mortgage, Renter Resources, Seller Resources, Uncategorized
Conforming loan limits in Orange County for 2022 will increase to $970,800 for a one-unit home or condo. So what does this mean? Buyer’s can now obtain conventional financing (20% minimum down payment) on purchases up to $1,213,500 ($1,213,500 x 80% =...
by Ben | Dec 6, 2021 | Buyer Resources, Community, Investor Resources, Rancho Mission Viejo, Seller Resources, Uncategorized
The Rancho Mission Viejo real estate market for the month-ended November 2021 compared to November 2020 is continuing to see inventory near all-time lows, representing a continued sellers market. Compared to last year, sales have followed a more traditional path of...
by Ben | Nov 27, 2021 | Buyer Resources, Investor Resources, Renter Resources, Seller Resources, Uncategorized
Home sellers are still in a strong position as we near the end of 2021 and look to remain in that position during 2022 unless some significant economic downtown occurs, according to HousingWire. Data sugggests that we will enter into a mature stage of the business...
by Ben | Nov 17, 2021 | Buyer Resources, Renter Resources, Uncategorized
If you’re currently renting in Orange County and are considering the purchase of a home, below are four things that you should take into consideration: Rent’s are on the rise – with the severe housing shortage. As the chart illustrates, rents...
by Ben | Nov 13, 2021 | Buyer Resources, Investor Resources, Renter Resources, Seller Resources, Uncategorized
Experts are projecting that 2022 home sales to be near or slightly above 2021 levels. As we continue to come out of the pandemic, many sellers are looking to cash in on a hot market before it cools off. Other factors expected to continue include the need to trade up...
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