Mortgage Watch
MOST MORTGAGE RATE HEADLINES ARE WRONG TODAY!There are quite a few more new stories than normal about mortgage rates in the news. Most of them are wrong. …
Author: Tim Morissette
OC Housing Report | Why Do Some Homes Sit?
36% of the active listing inventory has been on the market for more than two months.The ink is still wet. A homeowner has just signed…
OC Housing Report | Seize the Day
COVID-19 has lost its grip on buyer demand, but it is still preventing homeowners from listing their homes.Lack of Supply: From March through today, one-third…
OC Housing Report | V-Shaped Recovery
Propelled by record low mortgage rates, buyers are jumping back into the housing market.Demand Spikes: Demand surged in the past couple of weeks with a…
OC Housing Report | Broad Market Interruption
Like the rest of “daily life,” the housing market has not been spared from the sweeping effects of sheltering in place.Supply and Demand: A low…
OC Housing Report | The Rest Of 2020
Housing TrendsWith A Low Supply And Strong Demand, The Market Has Not Been This Hot Since 2013.It was sudden. It was unnerving. Nobody had seen…
OC Housing Report | Luxury Returns
After grinding to a complete halt, the luxury market is pumping on all cylinders.Luxury Strength: The upper end of the housing market is strong with…
OC Housing Report | Hotter Than Last Year
Housing demand is surging and now the market is stronger than last year’s spring selling season.Getting Hotter: The Expected Market Time for sellers is dropping…
OC Housing Report | Demand Rises
Buyer demand reached a bottom a couple of weeks ago, and now it is on the rise.Rising Demand: Demand rose 9% even though “stay at…
OC Housing Report | The Showdown
There has been a “supply problem” for quite a while, and now there is a “demand problem” at the same time.Supply and Demand: A low…