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…
Author: Tim Morissette
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…
Orange County Housing Report: Buyers’ Frustration
An Ongoing Seller’s MarketHousing has lined up in favor of sellers for years now and it is due to a low inventory of homes available…
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…
Orange County Housing Report
Interest Rates | Lock It In!The current 30-year mortgage rate is at 2.7%, a 14th record low since MarchBlack Friday, Cyber Monday, Amazon Prime Day…
MORTGAGE WATCH
New HIGHER Conventional Loan Limits effective NOW!The Federal Housing Finance Agency (FHFA) announced that the baseline conforming loan limit for Fannie Mae and Freddie Mac mortgages in 2021 will…