OC Housing Report: Different Flavors of the Market

June 5, 2023

The Orange County housing market is not the same for every price range; some are hot, while others are not. The market is scorching hot for detached homes priced below $1.5 million, with Expected Market Times below 40 days. The hottest price range is homes priced between $750,000 to $1 million with an Expected Market […]

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OC Housing Report: Hype Versus Data

May 31, 2023

Orange County Housing Report: Hype Versus Data From YouTube to TikTok to the backyard barbecue, there are plenty of narratives regarding the pending doom for housing that the underlying data does not support.   Stick to the Facts The best advice in hearing all the talk swirling around the belief that a real estate crash […]

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How to Become a Homeowner on a First-Time Buyer’s Budget

May 15, 2023

                It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder […]

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OC Housing Report: Constrained 2023 Inventory

May 10, 2023

Orange County Housing Report: Constrained 2023 Inventory The high mortgage rate environment has prevented many homeowners from selling their homes, and the trend has only deepened this year. Lack of Sellers From January through April, there were 46% fewer sellers than the average before COVID, more than 6,500 missing FOR-SALE signs.  Active Listings The active […]

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OC Housing Report: Housing Insanity Returns

April 19, 2023

Orange County Housing Report: Housing Insanity Returns With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other despite high mortgage rates. A Seller’s Market When the Expected Market Time drops below 40 days, the housing market leans heavily in favor of sellers. Active […]

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5 Ways to Save on a Home Purchase

April 17, 2023

Buying a home can be daunting—and expensive. Here are some tried-and-true strategies to save money on your home purchase. Ready to start your home search? Call today to schedule a free consultation!   📲 949.770.9888 📧 [email protected] 🪧 DRE#00767891             #TheWrightTeam #BuyerTips #RealEstate #RealEstateAgent #HomeBuyerTips #SpringRealEstatemarket #HomePurchaseTips #PersonalFinance #OCRealEstate #OrangeCountyRealEstate […]

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OC Housing Report: A Buying Opportunity

April 10, 2023

Prospective home buyers are perplexed at today’s competition to purchase, which will only amplify when rates drop in the future.   Mortgage Rate Projections Many experts forecast mortgage rates to drop into the 5’s by year’s end.   Active Listings The active inventory continued to fall, declining by 1% in the past couple of weeks. […]

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Stress-Free Home Cleaning

April 5, 2023

                  Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks.   The effort is worthwhile, however. A sanitary environment can keep you […]

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4 Signs You’ve Hired the Right Agent

March 27, 2023

It’s a sad scenario that many home sellers will have to deal with this year: their home listings will expire or be withdrawn without a sale. A great real estate agent can ensure you never find yourself in that position. But how do you know if you’ve hired the right agent to help you sell […]

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OC Housing Report: Multiple Offers Again?!?

March 22, 2023

Orange County Housing Report: Multiple Offers Again?!?  The lack of available homes to purchase has resulted in buyers competing against each other to buy despite low demand.  Low Supply and Multiple Bids Market Times have dropped like a rock since the start of the year, squeezed by not enough sellers. Active Listings: The active inventory […]

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