OC Housing Report: Rates Rise, Values Slip

October 18, 2023

Orange County Housing Report: Rates Rise, Values Slip As rates surge higher and affordability diminishes even more, smaller changes in market times shift the market in the buyer’s favor. Higher Rates Squeeze the Market An Expected Market Time of 60 days is considered a Balanced Market today, yet that level used to be a Hot […]

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RE Term: Multiple Listing Service

October 16, 2023

Only real estate agents can add properties to the Multiple Listing Service (MLS) — and there are major benefits to having your home listed.        ◊ Visibility to buyer’s agents. Since the MLS includes more detailed and up-to-date information than online aggregators like Zillow, real estate agents use it to find potential homes […]

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Income Properties Are Trending, But Is Landlord Life for You?

October 11, 2023

                   If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.   Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently […]

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OC Housing Report: Sluggish, Yet No Slide Ahead

October 9, 2023

Orange County Housing Report: Sluggish, Yet No Slide Ahead With sky-high rates and a collapse in home affordability, many wrongly conclude that there will be a wave of foreclosures and it is just a matter of time before the housing market crashes. No Distress and No Crash in Housing Collectively, homeowners across the U.S. are […]

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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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