Orange County Housing Market News

One of the top questions that inevitably comes up when I'm helping a first-time home buyer is, "Can I get out of escrow once the contract is accepted, and what happens to my deposit?". On today's episode I cover the different protections you need to know about when writing a purchase contract so you do have a way out of the contract and are able to get your deposit back if you discover the...

As interest rates stay higher for longer, will home prices start falling in Orange County? For home buyers, the unfortunate answer is probably not. Although inventory is starting to go up faster than last year, we are still way below the levels we typically see during this time of year. Yes, demand is also lower than normal, but there are still enough home buyers out there to keep us in a seller's...

In this video, we discuss the big changes in store for purchasing a flipped home that you MUST know for 2024. Stay ahead of the game by learning about the new law, AB 968, affecting buying a flip this summer and how it will help buyers understand more about the home they are buying as well as hopefully reduce the number of bad flips out there on the market in California. Make sure you subscribe to...

As we get ready for the major changes coming to how much it costs to buy and sell real estate in the US this July, how will it impact the housing market leading up to that ruling taking effect? Will buyers jump in the market to avoid extra fees? Will sellers try to wait in hopes of paying less to sell a home? Are home prices expected to continue rising? How should you navigate this unique spring m...

In this video, we take a deep dive into the new housing proposals put forth by the Biden Administration and analyze their potential impact on the housing market. Will these proposals help to alleviate the current housing crisis or will they have unintended consequences? Join me as I discuss the potential implications for both buyers and sellers in the real estate market. Don't forget to like, comm...

Due to the recent settlement with the National Association of Realtors, the rules for buying and selling a home are about to change significantly across all of the US starting mid-July. So what are all of the changes taking place, and how will it impact buyers, sellers, and real estate agents? Let's take a look at what we know so far and what changes you can expect in the near future. Want to have...

Today's hot housing market can be discouraging if you don't take the proper steps to prepare for the journey of buying a home. Getting a pre-approval might sound boring but it can literally be the difference between you getting that home of your dreams, or watching someone else steal it. In this video we go over the 6 reasons why you need to have that pre-approval in order to be successful in find...

???? March 2024 Orange County Housing Market Update ???? ???? Supply Update: Currently, Orange County's housing inventory is slowly climbing, with about 2,000 homes on the market. This figure is significantly lower than the pre-pandemic average of over 5,000, indicating we are still in a dramatically undersupplied market. However this is going to be the new normal for the foreseeable future in Ora...

???? Are you planning to sell your home but worried about making costly mistakes? Look no further! In this essential guide, I reveal the Top 5 Mistakes Home Sellers Make and provide you with expert advice on how to avoid them, ensuring a smooth and successful sale. 1️⃣ Preparation is Key: Discover why rushing to list your home without proper preparation can deter potential buyers and how a few sim...

This episode is essential for anyone considering buying a home in Orange County California, as we dissect two critical financial aspects: ✅ Initial Investment: We unravel the average cost of purchasing a home in Orange County, detailing the necessary down payment and other upfront expenses. This segment provides a clear view of the initial capital required to embark on homeownership in this desir...

Dive into the latest insights on the Orange County housing market this February in this comprehensive forecast. Whether you're buying, selling, or just keeping an eye on the market, this video is packed with essential information to guide your decisions in the dynamic Orange County real estate landscape. ???? Key Point #1: As we step into February, anticipate a noticeable increase in housing inven...

Remember in 2023 when the most popular first time home buyer program ever, California Dream for All, launched? The government expected funds to last up to 6 months but within 11 days all 300 million in funding was used up. Along with going way to quick there were a lot of other logistical issues that came up for buyers and lender so this year, 2024, they are releasing another round of funding and...

In this eye-opening video, we dive deep into the myth of the impending 'silver tsunami' housing crash and unveil the truth with 5 key reasons why it's not going to happen. Contrary to popular belief, the aging baby boomer generation won't lead to a dramatic downturn in the real estate market. Here's why: 1) Tax Implications - We explore how tax considerations play a crucial role in the decision-ma...

Are you a first-time home buyer in Orange County, eager to take the exciting step towards homeownership in 2024 but aren’t sure how the process works, how much you need to have saved up, or how to keep yourself protected when making such a large purchase? Don't navigate this journey alone! I’ll explain the whole process step-by-step from budgeting, searching for homes, placing competitive offers,...

Are you wondering what it takes to get your offer accepted in the 2024 housing market? Or are you actively placing offers but struggling to get your offer accepted? ????✨ Discover the secrets to stand out in the competitive home-buying journey! This essential guide reveals five key strategies to boost your chances of getting that dream home and they have nothing to do with the price! Learn how to...

t's that time of year again, the much anticipated 2024 Orange County Housing Market forecast is HERE! I'll break down the latest trends and forecasts, and highlighting what buyers, sellers, and investors need to know. We will look at the impact of changing interest rates, inventory levels, buyer demand, and how that all impacts home appreciation in Orange County for 2024. I'll also be going over m...

Welcome to my latest Orange County Housing Market Forecast for November 2023! If you're looking to buy or sell a home in Orange County, you won't want to miss this. In this video, I dive deep into the key factors shaping the housing market in Orange County, California, this month: ???? Falling Interest Rates: We'll discuss how interest rates are on a downward trend, making it an excellent time for...

The latest major California ADU legislation just passed and it's called AB 1033. So what is it? To simplify it, it basically allows homeowners to build an ADU and actually sell it as a separate property ????. So what do we know about it? What are some of the pro and cons? Who would benefit from this most? Will it destroy single family home neighborhoods? Check out video to get an understanding of...

October Orange County Housing Market Update ???????? Dive into the latest trends and insights in the Orange County housing market this October. In this update, we cover: 1️⃣ A slowing market, typical for the autumn season. 2️⃣ Stabilizing home prices, offering a balanced landscape for buyers and sellers. 3️⃣ Interest rates soaring to their highest since the year 2000, impacting buying power. 4️⃣ A...

???? How to Choose the Right Lender: Your Ultimate Guide In this comprehensive guide, we dive into the three cornerstone principles of selecting the right lender for your needs: Communication, Clarity, and Commitment. Without these you can run the risk of watching your dream home slip through your hands. This video will go over what makes a good lender, what to watch out for, and how to figure out...

???? Orange County Housing Market Update - September 2023 ???? Hey Orange County, in this episode, we dive deep into the current market dynamics, including the seasonal slowdown, fluctuating interest rates, and the future of home affordability in the region. ???? Key Highlights: Market Slowdown: Understand the seasonal shifts affecting both buyers and sellers. Interest Rates Insight: Get the lowdo...

Here are the key points: -Interest rates are at one of the highest levels in 20 years, but home prices are still going up. -This is because inventory is extremely low. There are only 2,400 homes on the market in Orange County right now compared to the average of over 6,500 before covid. -This is causing a seller's market. -Buyers are willing to pay more for homes, even with higher interest rates....

The Orange County housing market is continuing to heat up in the fall of 2023. Home prices are rising, inventory is still at historic lows, and the housing market has fully recovered from the pandemic. Prices are at the highest levels ever, making it a challenging time for first-time buyers. In June 2023, according to Corelogic, the median home price in Orange County was $1.059 million, up 3% from...

Almost everyone at this point who has wandered onto Zillow's website in the past 10 years knows the word Zestimate. Maybe you wanted to know how much your own home was worth, or maybe you wanted to see what Zillow thought of the value of the home you were placing an offer on. Or maybe you found out where your ex lives and wanted to see how well off they are now ????. Either way, they have now beco...

Half of the year is already gone and many who thought a giant housing crash was coming this year are surprised to see that home price in Orange County are actually headed back up. Since March we have seen homes appreciate in Orange County and as we head to the back half of the year, based on the current data, you can expect that trend to continue. Even with high rates and home prices, there is jus...