Pricing a Home for Sale

July 26, 2022

One of the biggest missteps sellers make is pricing their home too high.   Starting too high can cause a downward spiral that looks a little like this:   ⬇️ Buyers avoid setting up tours of your property ⬇️ Your home sits on the market for weeks with little to no activity ⬇️ Eventually, you’re […]

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OC Housing Report: Opportunity Knocks

July 25, 2022

Orange County Housing Report:  Opportunity Knocks NOW!   For homeowners looking to sell in 2022, the window of opportunity is closing as the inventory climbs, demand falls, and market times grow longer.   The longer homeowners wait, the harder it will be to sell. The Orange County housing market already cooled substantially, and it will […]

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7 Costly Mistakes Home Sellers Make (And How to Avoid Them)

July 6, 2022

            No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all […]

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OC Housing Report: Values Will NOT Plunge

July 5, 2022

Values Will NOT Plunge   Many believe that the rapidly slowing housing market will lead to crashing home values, yet the facts do not support this theory.   No Crash Around the Corner! Housing data illustrates that there is not a housing crash on the horizon.   Below is a Snap Shot of the current OC […]

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Will Rising Mortgage Rates Impact Home Sellers?

June 29, 2022

Buyers already know that higher mortgage rates can increase their monthly payment. But sellers might be surprised to learn that rising rates could impact them, as well. Watch the video to find out what you should consider if you’ve been waiting to sell your home. Then contact us today to schedule a free consultation. Whether […]

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Testimonial Tuesday!!

June 28, 2022

Testimonial Tuesday! 🎉🎉 Thankful for our amazing clients we have the privilege to represent!                    #theWRIGHThome #theWRIGHTteam #TestimonialTuesday #listing #sellers #buyers #homesearchers #hotmartket #closedescrow #happysellers #realestate #realestatemarket #realestateagent #ExpertRealEstateAgents #findingdreamhomes #lovemyjob #platinumedgeproperties #helpusellwright

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Obstacles to New Construction

June 21, 2022

Existing home inventory is low—so build your own, right? Unfortunately, it’s not always that simple. New construction has slowed significantly due to worker and material shortages–causing challenges for homebuyers and builders alike. However, there are options if you have your heart set on a brand-new build. Contact us to discuss the current opportunities in our […]

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OC Housing Report: Summer Slowdown

June 20, 2022

SUMMER SLOWDOWN   The shift in housing due to higher rates has already made a significant impact on the housing market, and it will slow further over the summer.  Housing will continue to cool. Since demand’s early peak at the end of May, the Expected Market Time has jumped from 20 to 45 days, growing […]

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Higher Rates and Short Supply: The State of Real Estate in 2022

June 13, 2022

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring […]

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OC Housing Report: Current Affordability Challenges

June 9, 2022

Affordability Challenges   When escalating home prices are matched with much higher mortgage rates, home affordability dramatically weakens and results in fewer buyers able to make a purchase.   Demand is Dropping Due to Affordability. Lower rates had propped up affordability, yet today’s higher interest rate environment is impacting demand as many home buyers struggle […]

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