If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation…
Spring Housing Market Update
Posted in Real Estate News
Tagged Coastal Orange County, Costa Mesa, Fountain Valley, fountain valley real estate, Huntington Beach Real Estate, Micah Stovall, Real Estate, Steve Stovall, Stovall Team
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Consider Public Education
What type of impact can schools have on property values? When buying a home, one of the most common questions is, ‘How do good or bad schools affect home values, and what type of impact do they have?’ Schools are so important to buyers in our area. Fortunately, our area has some of the best schools in…
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Homes are Selling Fast
Have your needs changed and you feel ready to make your move? Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal. The graph below uses data from Realtor.com to tell…
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3 Must-Do’s When Selling Your House in 2024
If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices…
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When Will Home Prices Be Affordable Again?
Home buyers have their fingers crossed that 2024 will be the year where home prices regain some normalcy. One promising sign entering the new year: mortgage rates, which remained stubbornly high throughout 2023, have steadily declined over the last couple of months. Following eight consecutive weeks of declines, the average 30-year fixed rate rose for…
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Overpricing Your House Can Cost You
If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up…