Market Updates

Feb. 20, 2019

Commissions as a Housing Market Indicator

Commissions as a Housing Market Indicator

 

Commissions: An unusual market trend indicator.

I Don't remember the last time a broker, let alone a New Home Builder paying a 4% broker commission, let alone them paying us a 3% commission.

Well, here is a builder offering brokers a 4 ...

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Posted in Market Updates
Dec. 28, 2018

Choosing A High Ranking School and Home Buying

Choosing A High Ranking School and Home Buying

I Have been selling home for many many years, and one the first questions that buyers usually ask is " How are the schools here?"

Even if you no have children going to school, is it still important to have a good school ...

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Oct. 11, 2018

Financing First

Financing First

Most home buyers are following their Realtors advice and seeking financing first in their home buying journey. They also want greater speed, simplicity and communication from their providers.

see stats below to get and idea. 

 

Compliments of Mike Patel . First Team Real Estate . 714-470-8600  dre 01146880  ...
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Posted in Market Updates
March 22, 2018

Market Forecast for 2018

Real Estate Industry Facts & Figures

A Housing Market Forecast for 2018

The U.S real estate market is the healthiest it's been in years-nearly where it was during the housing boom of the last decade, but without the drama and uncertainty. Here's how the numbers break down ...

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Posted in Market Updates
March 20, 2018

Seller Drought

Seller Drought

For the Past Seven Years There Have Been Significantly Fewer Sellers Coming on the Market.

Orange County Housing Report- 6 Year Drought.

 

  • The active inventory added an additional 298 homes in the past week and now total is 5,271 homes, its highest level since September 2015 ...
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Posted in Market Updates
Feb. 1, 2018

Inventory of Homes Available in OC

 

The active inventory of homes available in Orange County is much lower than last year at this time, especially for homes priced below $1 million. There are only 3,794 homes on the market, way off the 8,000 home long term average

 

Courtesy of Mike Patel,  ...

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Jan. 18, 2018

Holiday Market Report

 

 

Report on Housing:

 

We are making our way through the Holiday Market. Yet, the market is HOT for homes realistically priced below $1 million. There are still multiple offers and homes are flying off the market. Here is a snap shot of Orange County housing in the ...

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Posted in Market Updates
Jan. 18, 2018

OC Housing Drought

The drought is back in Orange County housing.

 

2017 has been a banner year for home sales. Inventories were in short supply and home were selling briskly and there was an actual rise in Orange county home prices.

 

The drought is back in Orange County housing. To start ...

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates