Categories for First-time Homebuyers

What Were The Actual Numbers?

The total number of homes sold for February, (the last complete month available), was 2,725, up 13% from 2/20 (all comparisons are for same month year over year). Single-family homes numbered 1,671, up 10.6%. Condo sales continued their growth with...
View Article

Orange County Housing Market Sizzles

Doubles – doubles aren’t just for burgers anymore, the OC housing market is sizzling too and it’s pretty much all price ranges and housing types. There are only 36 out of 380 months, between 1988 and 2020 that qualify as...
View Article

Being Competitive With Your Offer…

It isn’t always who has the highest offer, there are many other factors; your down payment position, contingency positions, loan approval, repair considerations, escrow length, contingent offers on another home being sold, rent back flexibility.  So how to navigate… Your...
View Article

Is Our Current Market Sustainable…

That is a valid and reasonable question; at the beginning of the year, Jonathan Lasner reported we were a weak 1 on a scale of 1-5 (5 being highest), of a real estate bubble. Now, according to the Fitch report,...
View Article

Housing Appears Poised For Strong 2021

Welcome to our first  newsletter of 2021. Wow, what amazing finish to one of our most difficult years ever, in terms of worry and hardship; but those who had the nerves to pursue housing were rewarded on both the seller...
View Article

Why So Many Refinances…

Good question… it doesn’t technically hurt you to refi again and again, if you are going to stay in a property long enough to get your investment back on the cost of your refinance and substantially lower your payment, usually...
View Article

What Were The Actual Numbers?

The total number of sales was 1,635, which was down 50%! (All numbers are comparing May, the last full month available, 2020 and 2019). Single-family resales came in at 1,043, also off 50%. Condos had 427 closed sales down 54%,...
View Article

The Market Is A Little Crazy

Tight Inventory, ever rising rents, killer interest rates, the market is really a little crzy! Tenants are struggling with 9 straight years of rent hikes, as we continue to have a housing crisis of epic proportions. That may sound dramatic,...
View Article

Signs You’re Ready To Buy A Home

1. Don’t assume you cannot 2. Rising rent fatigue – yet more of your income unpredictability.  3. Your credit score is cleaned up and has improved history.  4. You have managed debt and lower ratios of debt.  5. Tired of...
View Article

Bet On Housing In 2020

It is hard to believe that housing prices will rise yet again in 2020, but that is exactly the prediction of Chapman’s Jim Doti and many other local economists. The culprit, if you wish to call it that, is once...
View Article


equal-housing-lender