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Orange County Real Estate Market Update – January 2022

Orange County Real Estate Market Update – January 2022

by Ben | Feb 13, 2022 | Buyer Resources, Investor Resources, Renter Resources, Seller Resources, Uncategorized

Orange County real estate for the month of January continued to be a strong seller’s market based on the underlying data The median sales price of $950,00 in January was up 20.7% compared to prior year.  Prior month, the median sales price was $933,750. The median...
Conforming Loan Limits Increase to $970,800 in Orange County for 2022

Conforming Loan Limits Increase to $970,800 in Orange County for 2022

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% =...
Waiting for a home price drop?  Data suggests it will be a while

Waiting for a home price drop? Data suggests it will be a while

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...
What Renters Should Consider in Today’s Market

What Renters Should Consider in Today’s Market

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...
2022 Real Estate Sales Volume Forecast Expected Around Same Volume as 2021

2022 Real Estate Sales Volume Forecast Expected Around Same Volume as 2021

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...
4Q21 Mortgage Interest Rate Forecast and Impact on Affordability

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...

LATEST NEWS

  • How do You Navigate the New Level of Madness in the Housing Market?
  • Orange County Real Estate Market Update – January 2022
  • Rancho Mission Viejo Real Estate Market Update – January 2022
  • Investing in Our Community – Miracle for Kids Holiday Basket of Miracles
  • 2022 Housing Market Forecast

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    • Orange County Real Estate Market Update – January 2022
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    • 2022 Housing Market Forecast

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    How do You Navigate the New Level of Madness in the Housing Market?

    How do You Navigate the New Level of Madness in the Housing Market?

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