With low inventory and extremely strong demand, the Expected Market Time is at its lowest level to start October since tracking began in 2004. The expected market time for all of Orange County is at 38 days which is a Hot Sellers Market. It was 86 days last year at this time. Buyers: Affordability has improved with record low interest […]
Are Prices High because Rates are Low?
Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates. When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is […]
Sell Your Home During the Coronavirus Crisis with Virtual Staging
In this age of social distancing, you might want to limit the number of strangers traipsing through your house. So chances are good you’ve said sayonara to the idea of having a staging company come in to artfully showcase your home for sale. That means it’s time to get creative in order to prep your property for […]
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