Do’s and Don’ts When Applying for a Mortgage

September 26, 2023

Applying for a mortgage? Here are the DOs and DON’Ts you need to know!   Ready to start your home search? Connect with us for a referral to one of our trusted mortgage professionals to get your pre-approval.     Ed & Julie Wright 🪧 #TheWrightTeam 📲 949.770.9888  DRE#00767891/01258209       #TheWrightTeam #TheWrightHome #realestate […]

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OC Housing Report: Challenges of Supply Situation

September 20, 2023

The inventory was falling from year to year before the pandemic, but levels have grown more acute post-COVID with a lack of forced selling and far fewer homeowners placing their homes on the market. Similarly, finding homes available for sale has been getting harder and harder. While there used to be an abundant supply of […]

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Best and Worst Projects to DYI

September 18, 2023

                DIY home projects can lead to big savings — but it’s better to leave some tasks to the pros. Here are some of the best and worst projects to tackle yourself.   Best DIYs: 🖌️ Painting. Interior painting is manageable for many people with patience and the […]

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Top 7 Tips to Attract the Best Offers for Your Home

September 12, 2023

                  Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began raising interest rates last year.1     Now, it’s not as simple to sell a home. […]

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OC Housing Report: A Modest Deceleration

September 11, 2023

Orange County Housing Report: A Modest Deceleration As rates have edged higher and higher this year, the housing market has been slowing down from its insane pace, and now homes are taking a little longer to sell. Market Time is Rising The Expected Market Time has grown from 37 days in April to 49 days […]

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3 Tips to Avoid Overspending on Your Home Purchase

August 29, 2023

                    Buying a home is a major financial decision—so it’s not surprising that overspending is one of the top homebuyer regrets.   Avoid this common mistake with these 3 tips:   💸Get preapproved for a mortgage. Complete the process before you begin your search so you […]

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OC Housing Report: Lower Ranges Fading Away

August 28, 2023

Orange County Housing Report: Lower Ranges Fading Away The lower, entry-level price ranges have been slowly disappearing with far fewer closed sales and homeowners choosing not to sell their homes. Entry Level Changes There were an astonishing 57% fewer closed sales and 65% fewer FOR-SALE signs below $1 million this year compared to before COVID. […]

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7 Common Homebuyer Regrets (And How To Avoid Them)

August 23, 2023

                      To avoid buyer’s remorse, be sure to consider your future self when shopping for a home.   Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say […]

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OC Housing Report: Cool, Cool Summer

August 14, 2023

Orange County Housing Report: It’s a Cool, Cool Summer The summer of 2023 has been characterized by a low inventory, homeowners unwilling to sell, low demand, and a low number of closed sales. A Housing Cold Front There is a scarcity of homes available, a lack of demand, and very few closed sales even though […]

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IMPORTANT- State of the Real Estate Market!

July 26, 2023

We have provided some important information (see links below) that buyers and sellers should be aware of when selling or purchasing a property. As always, our team is available to assist you with any questions you have regarding real estate. The Wright Team has over 80 years of combined real estate experience. We specialize in […]

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