OC Housing Report
Summer Slowdown The shift in housing due to higher rates has already made a significant impact on the housing market, and it will slow further over the summer.Road…
Author: Tim Morissette
OC Housing Report
The Sky: NOT FallingMany are jumping to extreme conclusions about the impact of higher rates, high inflation, and a potential recession on the housing market.While the market…
Orange County Housing Report
Unexpected Slump in DemandHigher 30-year mortgage rates are having a major impact on Orange County demand, now at levels far below typical spring averages.In 2002, the Los…
MORTGAGE WATCH 3/25/22
Mortgage Rate continue going higher daily. The yield on the 10yr Treasury (closing moves with mortgage rates) jumped this morning to 2.50%. MBS had yet…
OC Housing Report
Coming Up… SpringMarch 7, 2022Many mistaken the Summer Market as the busiest time of the year for housing, yet it is the Spring Market that is…
OC Housing Report
Affordability ChallengesWhen escalating home prices are matched with much higher mortgage rates, home affordability dramatically weakens and results in fewer buyers able to make a purchase.In May…
Mortgage Watch Report
Mortgage Rates are lower this week!But not according to multiple news outlets! If you or your clients are reading the “current” news headlines, you'd be left…
OC Housing Report
Housing CracksApril 19, 2022Even though housing is insanely hot, trends have emerged that confirm that the Orange County housing market is starting to cool.Cracks AppearingTrends are developing…
OC Housing Report
Out of ControlMarch 22, 2022With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other.An…
OC Housing Report
Will it Slow in 2022?February 23, 2022Housing has only grown hotter despite mortgage rates rising considerably since ringing in a New Year, indicating it will take further…