Categories for Realestate Market

What Were The Actual Numbers?

The total number of sales for June (the last complete month available) was 2,767 compared month over month with June 2021 (as are all figures) it was a negative 33.5%. The median price however still rose 13.9% to $1,025,000. Single-family...
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Home Sales Sink And Payments Rise

It’s the data everyone has been expecting. What goes down must go up — call it economic physics; interest rates could not stay at 3% forever. Of course, this is explanation enough for the sizzling market, expressed as raw, purchasing...
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Does Sky High Have Its Limits?

Most assuredly the answer to this concerning question is undoubtedly yes; the more pressing question is, “are we there?” —And of course there are varied answers depending on whose opinion you most value. From a personal standpoint, if you are...
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What Were The Actual Numbers?

The total number of sales for the month of March (the last complete month available), was 3,184, a decline of 18.6% from March 2021. (All numbers are year over year). Median price for all homes was $1,020,000, up 22.1%. Single-family...
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What Were The Actual Numbers?

The total number of sales for the month of February was 2,217, which was down 18.7% from February 2021, the last complete month available, as all numbers below are. We start with single-family resale which numbered 1,340, off 19.7%, with...
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Like Frogs In A Pot Of Cool Water…

So goes the old tale—put frogs in a pot of boiling water and they will all jump out to their escape; put the same frogs in cool water and slowly heat the water, and they will boil to death. Does...
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Is The Sky Falling…If Not Now, When?

There is a lot of speculation about real estate in Southern California, and especially in Orange Country. As of February 17th, there were just over 1,376 properties listed for all of OC; that is a less than one month supply,...
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You Should Have Bought That House Last Year…

That’s what many unfortunate; would be homeowners are muttering under their breath, if they paid attention to the roughly 25% appreciation single-family homes garnered in our comparison of year over year numbers. So yes, if you didn’t pull the trigger...
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What Were The Actual Numbers…

The total number of sales for December 2021, the last complete month available was 2,974. That is a drop in volume, directly related to inventory changes year over year, of 17.5%. The overall median price was $935,000, an increase of 17.5%....
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Happy New Year For Real Estate?

Happy new year for real estate? Time will tell, as it always does, no one’s crystal ball works perfectly every year. But analysis of current conditions and data would lend one to conclude…more of the same? The answer is sort...
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