Orange County Housing Report
New FOR-SALE SignsNearly a third of all homes that enter the fray during the year come on the market over the course of the next…
Author: Tim Morissette
MORTGAGE WATCH
Mortgage Rates are rising and before we get into the WHY let’s remember that we are STILL sitting at the lowest end of the rate cure in American history! These…
Orange County Housing Report
Multiple OffersIt is not uncommon for homes marketed FOR-SALE to procure 5, 10, 15, or even more offers to purchase within a few days of…
MORTGAGE WATCH
Mortgage Rates are improving as bonds are up slightly on the day. They did their normal, sell first and ask questions later, after Powell spoke yesterday.…
Orange County Housing Report
A 2021 ForecastHAPPY NEW YEAR!!! Now, what does that mean for Orange County real estate?The year started with an active inventory of 3,692 homes, only the…
MORTGAGE WATCH
Mortgage Rates improved microscopically this week as the underlying bond market remained calm. Since the beginning of 2021, bonds have been exceptionally volatile with yields moving higher and prices moving…
Orange County Housing Report
Values RisingThe market velocity is extremely fast, and it is a Hot Seller’s Market where values are rising swiftly and multiple offers is the norm.At…
Orange County Housing Report
Boiling OverFierce demand, throngs of buyer tours, bidding wars, rapid appreciation, and limited available homes to purchase are all due to historically low rates.In heading to Baskin…
Rate Watch Report
Mortgage Rates are moving higher, but only a modest pace compared to Wednesday & Thursday Over the past 3 days, the average rate quote for a top…
MORTGAGE WATCH
Mortgage Rates on Friday improved, with MBS bouncing off their weekly lows as COVID vaccinations come to market and as Federal Reserve remains committed to the…