Orange County Housing Market News

Home appreciation is starting the year out of control, again. What can help the housing market cool down to a reasonable level? That's what we explore in this episode. Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/ Follow me on Instagram at: https://www.instagram.com/josh_the_rea...

Mortgage interest rates have been on the rise in 2022. So how much impact will it have on the affordability of your mortgage and how does it change the price of home you can afford? Although rising interest rates are needed to cool this crazy seller's market, if you are trying to buy a home right now make sure you pay close attention to what interest rates are doing because if they continue to ris...

2022 is starting off depressing for buyers who are struggling to buy a home. Buyers need to know what to expect in today's market they don't get burnt out and give up. So what should they expect? Let's look at how to approach buying a home this year and how to set the proper expectations so you don't get burnt out... Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#...

What is the Orange County housing market doing to start the year? Find out with my January 2022 housing market update. Will interest rates go up fast enough to slow down the market soon? What is going on with housing inventory in Orange County? Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 Follow me on Facebook at: https://www.facebook.com/joshalexander...

With so many ways to improve your home before selling where should you put your money to get the best return(ROI)? Let look at the top 5 home renovations to help you make more money when selling your home without breaking the bank.

Is Winter a good time to sell your home? Winter in Orange County officially starts next week. Holidays are here and the weather is cooling down. You may have heard that Winter is the worst time to sell your home, but is that good advice for Orange County? Should you sell your home during the Winter months? Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 F...

Top 5 things to look for when buying a house. Looking to buy a house in Orange County? What should you look for when buying a house? What red flags do you need to watch out for? Buying a house can be intimidating, especially if it's your first time. Learn what to pay attention to as you tour homes.

Now the we are wrapping up 2021, what will 2022 bring for the Orange County housing market? In this episode I go over the data and my predictions for supply, demand, interest rates, appreciation, top 5 risks, and what I recommend for both buyers and sellers as we enter 2022. Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 Follow me on Facebook at: https:/...

When buying a home taking the first step and contacting the appropriate professionals can often be confusing and a little intimidating. Who should you contact first? This episode dives into that question. Are you a first time home buyer and don't know where to start your home buying journey? Check out my free e-book on how to budget for your first home at: http://www.buyersguidetobudgeting.com Jos...

In this episode I have a conversation with Dino from California Coastal Loans and we discuss what buyers should know from a lender's prospective for 2022. Some of the topics include, what will interest rates look like in 2022, updates on loan programs that will help buyers purchase in Orange County, why demand is expected to remain strong, and why finding the right lender can help you get into esc...

How is Thanksgiving already a few weeks away? This year flew by, but before it's completely over, let's look at the top 5 things you should know and understand about the real estate market in Orange County for the month of November. If you are buying or selling a home this year, this episode is for you! Are you a first time home buyer and don't know where to start your home buying journey? Check o...

Prop 19 passed on California last year, news coverage stopped shortly after and I still get a lot of questions about it, so I wanted to break it down for anyone that was interested in seeing exactly how it works. Some examples are included to make it easier to understand the property tax implications. Are you a first time home buyer and don't know where to start your home buying journey? Check out...

Zillow has put a pause on home buying for the rest of the year, rumors and news articles are speculating that it's because they believe a housing crash is coming, in this episode we look at the data to determine if there is any truth to this. Are you a first time home buyer and don't know where to start your home buying journey? Check out my free e-book on how to budget for your first home at: htt...

Looking to buy or sell a home, or are you in the middle of a transaction and your agent or escrow company starts talking to you about title insurance? What is it? Who pays for it? What is this 20-30 page preliminary title report that you just received when you opened escrow? These are some of the questions I ask David Glanzrock an OC resident and VP at Fidelity National Title, the largest title in...

Inventory and demand are both on their way down as expected for this time of year. Over the next 4-6 weeks expect this hot seller's market to look almost the same as it does today. Right now active inventory for all of Orange County is under 2,200 homes, a record low for this time of year. Typically during the beginning of October we see about 6,400 homes, that is a 194% difference. Are you a firs...

Are you a first time home buyer and don't know where to start your home buying journey? Check out my free e-book on how to budget for your first home at: http://www.buyersguidetobudgeting.com Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 Follow me on all the socials: https://linktr.ee/joshtherealestatedad

There is a lot of questions and misinformation circulating about the new CA bill SB-9 and what it means for homeowners and single family neighborhoods. Hopefully this video can shed some light on it... UC Berkeley Study SB9 Study: https://ternercenter.berkeley.edu/wp-content/uploads/2021/07/SB-9-Brief-July-2021-Final.pdf Are you a first time home buyer and don't know where to start your home buyin...

The 10-year treasury just hit a 2-month high. When the 10-year goes up, mortgage interest rates tend to follow. If we continue to get good or better than expected economic news over the next two months expect both to continue to rise, slowly, for the rest of the year. Are you a first time home buyer but don't know where to start, check out my free download of how to budget for your first home by v...

Q2 forbearance data was just released from one of the top mortgage data analysis companies, some dramatic swings in equity and forbearance data. For the full report check out: https://cdn.blackknightinc.com/wp-content/uploads/2021/09/BKI_MM_July2021_Report.pdf

Kids are back in school, pumpkin spice everything is now hitting the shelves, what does this mean? The start of the Fall Housing Market is here. Inventory has flattened and seems to have peaked. Both supply and demand will start to fall as we finish up the year. Get your FREE e-book on how to budget to buy your first home at: www.buyersguidetobudgeting.com Josh Alexander THE brokeredge JoshAlexand...

Did you know California has 5.2 BILLION dollars allocated to helping renters repay up to 100% of missed/partially paid rent and utility payments over the last 18 months when those missed payments were due to a covid-19 related income loss? As of today, the state has only used about 23% of the total funds which leaves 3.9+ billion still sitting ready to help out struggling renters catch up on their...

August Orange County Housing Market Update Orange County Market Update by the Numbers Demand is down by 3% since the start of July, however over the last two weeks we have seen demand increase a little bit which is mainly due to the interest rate decrease we have seen over the last month. Supply is up 6% since the beginning of July, most of that increase happened over the first two weeks of the mo...

In today’s market, one of the biggest issues that continues to plague both buyers and sellers during escrow is the appraisal process. Home prices are rising so quickly, that it’s been a common problem that when the appraisal comes back, it often is lower than what the buyer has offered to pay. So what happens when the appraisal comes back below the price the home is in contract for and what can yo...

July Housing Market Forecast for Orange County Hot Housing Summer What’s been happening over the last few weeks? -Inventory is rising - Up 8% in the last two weeks -Demand is shrinking - Down 5% in the last two weeks -Interest rates on the rise again but still hovering around 3% -Mortgage applications are dropping (good indication that future demand over the next 30-90 days will continue to decrea...

Little has changed over the last month in the housing market, yes supply went up by a few homes, and demand dropped slightly, but overall if you are buying or selling a home today compared to a few weeks ago, you probably won’t feel the difference. School is either out, or almost out and Summer 2021 is about to start. What does this mean for the housing market? We will continue to see demand decre...