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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...

So is the housing market going to a really hot place in a hand basket?  It could. There are a lot of opinions and noise in the media right now.  Whenever it gets noisy it's best to take a step back, turn down the volume, and look at the numbers.  Documentation beats conversation. Numbers don't lie. I don't think it's right for me to overwhelm you with my opinion.  Instead, I'd rather...

What are the pros and cons of selling a house as-is? If you’re planning on selling your house (or even buying a house) you might have asked yourself this question. And if you have, this is going to be an important video to watch until the end because in it I cover: What selling a house as-is means What it doesn’t mean The reasons people sell their house as-is (Pros) And the downside to...

How Accurate Are Zillow Estimates?This is a common question in the real estate business for buyers and sellers.In this video, I share the answer to this question, if they can be trusted, and why.Subscribe to My YouTube Channel for more Real Estate Information and...