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The 8 Hottest California Housing Markets in January 2017
Although too early to know for certain, it seems that the real estate market is going to continue trending upwards in 2017. With home prices remaining strong, and buyer demand becoming even stronger, the opportunity to buy or sell a home has hit new heights. As the economy has continued to grow steadily, it’s no…
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Rising Rental Prices in Orange County: What it means for Local Housing
If there is one trend that has been a major factor in the housing market, it’s rental prices. Across the country, rent costs on homes have seen to increase significantly, showing little-to-no sign of slowing down. One area that describes this upswing in rentals perfectly, is none other than sunny Southern California. Analysis of the…
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2017 Housing Market Forecast: What to Expect
Last year saw an array of ups and downs, not only in real estate, but the world. Whether in politics or the economy, 2016 was definitely a year for the books. All these national and international factors played a role in the housing market as well, as new trends started to emerge. Millennials became homebuyers,…
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OC Housing Trends for September 2016
With the market slowing down significantly over the summer, it’s clear that the numbers for September may look weary. However, this shouldn’t scare any homesellers or buyers, considering the impact of the summer. In reality, we may just be gearing up for an even hotter 2017! Nonetheless, here are September’s housing numbers, compared to the…
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Home Supply Hitting New Heights. What it means for the OC Housing Market
If you’ve been following the Orange County housing market at all this year, you know that real estate has been on fire this year. Perhaps attributed to a better performing economy, home sales, average prices, and home-building has skyrocketed this year. While many see this to be troublesome as prices become unaffordable for some, the…
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4 Reasons for the OC Housing Market Summer Cool-Down
After seeing an immensely hot first half of the year, the OC housing market seemed to slow down once the months of Summer hit. Despite still being a vast improvement on previous years numbers, Summer 2016 saw a dip in home sales, prospective buyers, and mixed feelings on increased home prices. The cool down in…
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4 Reasons Why August Housing Trends Provide Optimism for rest of the Year
In June and July, we saw a dip in the overall housing statistics in Orange County.Certain indicators led to decreased home buying, fewer transactions, and lower buyer sentiment. However, with the data for August now out, we can see a significant increase over the last couple months. The indicators below show why we are optimistic…
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Orange County Year-over-Year Housing Market Data for August
With 2016 heading into the final quarter of the year, one thing is clear, the housing market improved immensely when comparing numbers from this year and last. Whereas 2015 saw a struggling market trying to regain stability, 2016 was the year that the Orange County real estate market was finally able to get back to…