Orange County Housing Market News

Orange County Housing Market News

Are you thinking of buying or selling a home in the Orange County CA area or just like to stay up-to-date on what is going on in the housing market? This is a one stop shop for the latest updates and news on the Orange County Housing Market, advice and tips on how to buy and sell a home in TODAY'S MARKET in Orange County, and interviews with local experts in the housing market. If you want to be able to hit the ground running when the time comes for you to buy or sell a home, this is the podcast for you!

Episodes

October 11, 2024 8 mins
Think mortgage rates dropped when the Fed lowered their rates? Think again! Surprisingly, mortgage rates actually went up after the Fed’s recent announcement. While rates have still decreased over the past 6 months, from 7.5% to around 6.15%, making homeownership more affordable, many are wondering why rates didn’t drop further after the Fed's move. In this video, we’ll dive into the reasons behind this trend, how the Fed’s actions...
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In this video, I dive deep into the real estate trends that typically occur before and after elections. Are you wondering how the housing market reacts during political uncertainty? Whether you're a buyer or a seller, understanding election-year trends can help you make smarter decisions. We analyze historical data to reveal how home prices, interest rates, and buyer confidence shift as we approach election day and what you can ex...
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Something unexpected is happening in the Orange County Housing Market right now. The market is getting hotter as we head into October at a time it should be cooling off. What is causing this, how long will it continue, and what does this mean if you are thinking of buying or selling a home before the end of the year? I discuss all this and more on today's episode. Want to have a friendly no pressure conversation about your spec...
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If you’ve been holding off on buying a home in Orange County, waiting for the perfect moment, that time might just be now. Lower interest rates, more homes on the market, and summer sellers getting more anxious to get their home into escrow are creating an ideal opportunity for buyers RIGHT NOW. Are homes that are move-in ready, properly priced, and marketed well still selling quick? Yes. However the average time it takes to se...
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The Orange County housing market is cooling down, but surprisingly low interest rates are going to shake things up as the summer housing market comes to an end. Will prices fall in Orange County? Will affordability go up? Is now a good time to enter the market? I'll be answering all these questions and more on today's episode. Want to have a friendly no pressure conversation about your specific real estate related questions? Sch...
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Home buyers! These significant changes start in just a few days, not understanding them could leave you in shock when you go to buy your next home. 😮 In this video, I dive into the upcoming changes to real estate commission laws taking effect on August 13th in Orange County. Discover what is changing and how it impacts you as a buyer. We’ll guide you through navigating these changes, ensuring you understand the new landscape a...
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The Orange County housing market continues to appreciate in July but we are seeing signs of slowing especially in the luxury market where homes are valued at 2 million or more. However, if interest rates start dropping like they are predicted to do over the next 12-18 months it could heat up the market again pretty quickly which is why it’s actually a good thing we are building up some inventory right now because it gives us a lit...
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June 26, 2024 10 mins
Why is it so hard to buy a home right now, how did they get so unaffordable? Let's look at the challenges both first time home buyers and current homeowners are experiencing right now and the events that shaped the current housing market. Want to have a friendly no pressure conversation about your specific real estate related questions? Schedule a 15-30 minute discover call with me by clicking here: https://calendly.com/joshale...
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Summer is here in Orange County and many people might believe that the housing market heats up during the summer months, but does the data actually show that, and with everything going on this year will the market speed up or slow down? Let's take a look at what you can expect over the next few months in Orange County and what will have the biggest impacts on the housing market as school gets out and beach weather begins. Want t...
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One of the top questions that inevitably comes up when I'm helping a first-time home buyer is, "Can I get out of escrow once the contract is accepted, and what happens to my deposit?". On today's episode I cover the different protections you need to know about when writing a purchase contract so you do have a way out of the contract and are able to get your deposit back if you discover the home isn't going to work for you. ...
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As interest rates stay higher for longer, will home prices start falling in Orange County? For home buyers, the unfortunate answer is probably not. Although inventory is starting to go up faster than last year, we are still way below the levels we typically see during this time of year. Yes, demand is also lower than normal, but there are still enough home buyers out there to keep us in a seller's market for the foreseeable future....
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In this video, we discuss the big changes in store for purchasing a flipped home that you MUST know for 2024. Stay ahead of the game by learning about the new law, AB 968, affecting buying a flip this summer and how it will help buyers understand more about the home they are buying as well as hopefully reduce the number of bad flips out there on the market in California. Make sure you subscribe to stay ahead of all the major change...
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As we get ready for the major changes coming to how much it costs to buy and sell real estate in the US this July, how will it impact the housing market leading up to that ruling taking effect? Will buyers jump in the market to avoid extra fees? Will sellers try to wait in hopes of paying less to sell a home? Are home prices expected to continue rising? How should you navigate this unique spring market as a buyer and seller? That's...
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In this video, we take a deep dive into the new housing proposals put forth by the Biden Administration and analyze their potential impact on the housing market. Will these proposals help to alleviate the current housing crisis or will they have unintended consequences? Join me as I discuss the potential implications for both buyers and sellers in the real estate market. Don't forget to like, comment, and subscribe for more insight...
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Due to the recent settlement with the National Association of Realtors, the rules for buying and selling a home are about to change significantly across all of the US starting mid-July. So what are all of the changes taking place, and how will it impact buyers, sellers, and real estate agents? Let's take a look at what we know so far and what changes you can expect in the near future. Want to have a friendly no pressure convers...
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Today's hot housing market can be discouraging if you don't take the proper steps to prepare for the journey of buying a home. Getting a pre-approval might sound boring but it can literally be the difference between you getting that home of your dreams, or watching someone else steal it. In this video we go over the 6 reasons why you need to have that pre-approval in order to be successful in finding, and closing on a home in 2024 ...
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???? March 2024 Orange County Housing Market Update ???? ???? Supply Update: Currently, Orange County's housing inventory is slowly climbing, with about 2,000 homes on the market. This figure is significantly lower than the pre-pandemic average of over 5,000, indicating we are still in a dramatically undersupplied market. However this is going to be the new normal for the foreseeable future in Orange County's Housing Market. ...
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???? Are you planning to sell your home but worried about making costly mistakes? Look no further! In this essential guide, I reveal the Top 5 Mistakes Home Sellers Make and provide you with expert advice on how to avoid them, ensuring a smooth and successful sale. 1️⃣ Preparation is Key: Discover why rushing to list your home without proper preparation can deter potential buyers and how a few simple steps can make your property...
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This episode is essential for anyone considering buying a home in Orange County California, as we dissect two critical financial aspects: ✅ Initial Investment: We unravel the average cost of purchasing a home in Orange County, detailing the necessary down payment and other upfront expenses. This segment provides a clear view of the initial capital required to embark on homeownership in this desirable location. ✅ Income Requir...
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Dive into the latest insights on the Orange County housing market this February in this comprehensive forecast. Whether you're buying, selling, or just keeping an eye on the market, this video is packed with essential information to guide your decisions in the dynamic Orange County real estate landscape. ???? Key Point #1: As we step into February, anticipate a noticeable increase in housing inventory. More properties are coming...
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