Perks of Buying a New Home at Rienda in Rancho Mission Viejo

by Ben | Nov 13, 2021 | Buyer Resources, Community, Lifestyle, Rancho Mission Viejo, Uncategorized

Rancho Mission Viejo’s new development of Rienda will eventually offer over 7,000 homes with the first phase of nearly 700 homes featuring “attainable” properties.  The community will feature amenties from pools, clubhouses, Ranch Camp,...

Why Borrower Credit Risk Won’t Lead to a Foreclosure Crisis

by Ben | Nov 10, 2021 | Buyer Resources, Mortgage, Uncategorized

Over the last 15 years since the financial crisis driven by mortgages issued to subprime borrowers, lending standards have changed drastically. According to HousingWire, 12% of newly originated loans between 2004-2007 went to subprime borrowers, based on research by...

4Q21 Mortgage Interest Rate Forecast and Impact on Affordability

by Ben | Nov 4, 2021 | Buyer Resources, Investor Resources, Mortgage, Renter Resources, Seller Resources, Uncategorized

The experts are projecting mortgage interest rates to increase as the Fed pulls back on it’s asset purchases and is expected to raise interest rates in 4Q21 to help calm the current inflationary environment. Real estate historically is a hedge against...

Rancho Mission Viejo Real Estate Market Update – October 2021

by Ben | Nov 3, 2021 | Buyer Resources, Community, Investor Resources, Rancho Mission Viejo, Seller Resources, Uncategorized

The Rancho Mission Viejo real estate market for the month-ended October 2021 compared to October 2020 saw a drastic reduction in new listings and sales and inventory remained near all-time lows, representing a continued sellers market.  Compared to last year, sales...

Perks of Living in Rancho Mission Viejo – The Nature Reserve

by Ben | Nov 2, 2021 | Buyer Resources, Community, Lifestyle, Rancho Mission Viejo, Uncategorized

One of the many perks of living in Rancho Mission Viejo is the Nature Reserve. With over 20,000 acres of preserved land in your backyard, protecting and exploring the nature reserve comes with living in this community. For resident’s looking to buy a new home in...

4Q21-4Q22 Housing Outlook – Low Inventory, Moderate Price and Interest Rate Increases

by Ben | Oct 29, 2021 | Buyer Resources, Investor Resources, Seller Resources, Uncategorized

Fannie Mae projects that median home prices are expected to increase 7.9% between 4Q21 and 4Q22, which is significantly down from the past year, however, well above historical rate of 4.1% since 1987.  Fannie Mae also expects mortgage rates to increase next year from...