OC Housing Report
A Holiday PauseThe week of Thanksgiving ushers in the Holiday Market, the slowest time of the year for housing that continues through the first couple of weeks…
A Holiday PauseThe week of Thanksgiving ushers in the Holiday Market, the slowest time of the year for housing that continues through the first couple of weeks…
Going, Going, GONE!February 8, 2022When a record low number of available homes is matched with fierce pent-up demand, it results in an auction where homes sell immediately…
Rising Rates Vs. No InventoryJanuary 26, 2022There are two opposing economic forces impacting thehousing market right now, rising mortgage rates and a recordlow supply of…
Mortgage Rates have been under selling pressure this week (reminder with mortgage bonds/MBS go down, rates get worse and visa versa). Good news today is The non-farm…
BREAKING NEWS – FHFA eliminates the 50bps Adverse Market Refinance Fee which will SAVE homeowners when they refinance. Fee elimination will go into effect for…
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…
It’s a beautiful morning in SoCal, but not so much for rates…Mortgage Rates are moving higher as Fed taper speed increases pushing rates this morning back…
Not About The PriceEVERYONE IS INTENSELY FOCUSED ON THE PRICES OF HOME WHEN THE REAL FOCUS SHOULD BE THE ABILITY TO WRITE ACHECK FOR THE MONTHLY…
Housing’s Strength The housing boom has everything to do with supply and demand, and those fundamental features are not going to change anytime soon.Doctors, dentists,…
Happy 4th of July Weekend!Mortgage Rates are slightly better in the last 5 trading days. Mortgage Rates were deemed to be at risk of getting worse with…