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The numbers for the Orange County Real Estate Market for the month of September are in.The big news is homeowners aren't selling, but why?And did the median sales price for September come in higher or lower compared to August?In this video, I’m going to take you behind the scenes and answer these questions.Subscribe to My YouTube Channel for more Real Estate Information and...

The housing market is pulling back which is exactly what the Federal Reserve wants. Last week they raised their benchmark rate by 75 basis points for the 3rd straight time. Why are they doing this and what does this mean for buyers and sellers? Subscribe to My YouTube Channel for more Real Estate Information and...

Realtor.com put out an article last week saying "The Housing Market Is About to Get Hammered".It’s important to note that they cover the real estate market on a national level.Some people say that all politics is local, but it’s definitely true for real estate.Real estate is different from county to county or even city to city, but this article was really hard to ignore.Go here to see the brief video...

If you’ve been paying attention to the Orange County real estate market you know it’s been shifting.Buyer demand has tanked, interest rates are spiking, inventory’s growing, and there are price reductions every day.Goldman Sachs recently came out and said the U.S. Housing Market is expected to get worse in 2023.  It could get worse, it could get better.Nobody knows... not even Goldman Sachs.So if...

The numbers are in for the month of August.Buyer demand has collapsed.  Pending sales, which is a metric used to gauge buyer demand is down 55%.The days on market are increasing.  If you're selling you want to price correctly or else your house is going to sit because of the substantial decrease in demand.We're transitioning toward a neutral market as interest rates are back above 6%.Get the...

A recent survey showed that 72% of recent homebuyers have regrets about their purchases.The research also indicated that 1 in 5 buyers aren't satisfied with their new neighborhood or the house they purchased.I wasn’t surprised when I saw this.  There were a lot of wild things happening in real estate over the last 2 years.  However, I did find it very interesting because I suspected something like this...

The Existing Home Sales numbers came out on Thursday down for the sixth straight month.There are headlines in the news saying we're in a housing recession, consumer confidence is at its lowest point in over a decade, and the real estate market is doomed.On a national level, we may be in a recession, but is that the case in Orange County?What is the definition of a housing recession?Are home sales in Orange...

Bulls make money, bears make money, and pigs... get slaughtered.  The reason they get slaughtered is because of GREED. Everybody should try to sell their house for as much as possible, but overpricing your property can lead to problems. In this week's Orange County Weekly Housing Report, I talk about how greed is still present even though the market has cooled off. I also share what not to do when...

Home sales have been falling like a rock, but why is this happening? If the number of homes sold is down by so much why aren't sales prices coming down as well? What are the 2 things that could cause home values to come down? Take 3 minutes to get the answers to these questions by watching here. Subscribe to My YouTube Channel for more Real Estate Information and...

There was some big news in real estate last week. The Federal Reserve announced they're going to increase their benchmark rate by 0.75%, but how did that affect mortgage rates? 👉 It's probably not what you think. Also, the national New Homes Sales numbers and Pending Sales Index for the month of June were released last week.  Did they come in as the "experts" expected? How did this week's number of...