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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Preapproval vs Prequalified

June 2, 2022

                Should you get preapproved OR prequalified for a mortgage?   Or both?   The two terms are often confused because they are so similar. But in reality, they are very different.   🏠 Getting prequalified for a mortgage doesn’t entail a credit check or official documentation. This […]

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OC Housing Report: The Sky: NOT Falling

May 25, 2022

THE SKY: NOT FALLING MANY ARE JUMPING TO EXTREME CONCLUSIONS ABOUT THE IMPACT OF HIGHER RATES, HIGH INFLATION, AND A POTENTIAL RECESSION ON THE HOUSING MARKET. A seller’s market will prevail while the market is slowing. It is gradually evolving from it’s out of control, insane pace, to a normal seller’s market where pricing will […]

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Seller on the Move…

May 24, 2022

Just Sold | 📍 49 Trofello Ln, Aliso Viejo   2 bed | 2.5 bath | 1,148 sqft.   Sold at $730,000 Seller Saved $14,600 in Commissions with Our Flexible Commission Structure   Congratulations to our client for closing escrow and the adventures that await him out of state in his new home! Whether you […]

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What Makes a Great Purchase Offer?

May 23, 2022

What makes a home purchase offer great? If you’re selling, how do you determine whether an offer is solid? If you’re buying, how do you convince the sellers to choose you? Find out how and don’t forget to read our new blog post for more details!   ➡️ https://bit.ly/3kDttiQ   Call The Wright Team if […]

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3 Reasons to Work With a Buyer’s Agent

May 18, 2022

In today’s market, the value of a good buyer’s agent cannot be overlooked. Here are three reasons to work with one when buying your home.   1️⃣ Save money. A buyer’s agent negotiates on your behalf to help you to get the most bang for your buck. 2️⃣ Get expert guidance. A buyer’s agent provides […]

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OC Housing Report: Unexpected Slump in Demand

May 9, 2022

UNEXPECTED SLUMP IN DEMAND HIGHER 30-YEAR MORTGAGE RATES ARE HAVING A MAJOR IMPACT ON ORANGE COUNTY DEMAND, NOW AT LEVELS FAR BELOW TYPICAL SPRING AVERAGES. Demand Slumping over the past month, Demand dropped by 6% when it normally rises by 4%.According to Mortgage News Daily, 30-year mortgage rates have risen from 3.27% on December 31st […]

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5 Ways to Write a Winning Offer in Today’s Real Estate Market

May 2, 2022

  Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 Fortunately, if you’re […]

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Seller’s Checklist: A Timeline to Prep Your Home for Sale!

April 18, 2022

    We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes […]

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3 Types of Real Estate Investment to Hedge Against Inflation

March 29, 2022

Real Estate investing can help you beat inflation.   But where should you invest your money? What kind of Real Estate is most valuable? Here are three investment types to consider:   🏡 PRIMARY RESIDENCE: As inflation raises prices throughout the economy, the value of your home is likely to go up concurrently. If you […]

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