Orange County Housing Market News

09/23/2021

There is a lot of questions and misinformation circulating about the new CA bill SB-9 and what it means for homeowners and single family neighborhoods. Hopefully this video can shed some light on it...

09/22/2021

10 year treasury reached a 2 month high, how does this impact your mortgage rate?

09/17/2021

2 forbearance data was just released from one of the top mortgage data analysis companies, some dramatic swings in equity and forbearance numbers.

08/15/2021

Did you know California has 5.2 BILLION dollars allocated to helping renters repay up to 100% of missed/partially paid rent and utility payments over the last 18 months when those missed payments were due to a covid-19 related income loss?

As of today, the state has only used about 23% of the total funds which leaves 3.9+ billion still sitting ready to help out struggling renters catch up on their payments so I want to do my part to help get the word out. If you are a renter who has missed payments or a landlord who has a tenant who hasn't paid due to covid, please visit Housing.ca.gov. There you can see if you qualify, find out what paperwork you need, and get all your questions answered.

07/30/2021

Want to get a full breakdown of where the housing market stands today and what the end of the foreclosure moratorium means for the housing market? Check out the quick market update podcast below or search on your favorite podcast platform to find Orange County Housing Market News now!

Demand is down by 3% since the start of July, however over the last two weeks we have seen demand increase a little bit which is mainly due to the interest rate decrease we have seen over the last month.

Supply is up 6% since the beginning of July, most of that increase happened over the first two weeks of the month and over the last two weeks homes hitting the market have slowed down a bit.

Interest rates are current averaging 2.8%, down from 3% where they were at the beginning of July

The average days on market for a home in Orange County right now is 27 days, compared to the 5 year average of around 78 days for July you can see this market is still a deep seller’s market. In fact anything under 60 days is considered a seller’s market.
DRE #01974435

07/06/2021

July OC Housing Market Update, are we about to see a foreclosure crisis? Listen below to find out...

06/28/2021

Click below for the June Orange County Housing Market Update

06/28/2021