With all of the rate hikes, something broke and it hit the banking system. Bank runs, banks closing, the FDIC, the Fed, and the U.S. Treasury are all in the mix. Read more ⇢
August 8, 2022 / By Steven Thomas IN COMPARING THIS YEAR TO LAST YEAR, THE HOUSING MARKET IS PROFOUNDLY DIFFERENT WITH HIGHER MORTGAGE RATES, MORE AVAILABLE HOMES, MUCH LOWER DEMAND, AND… Read more ⇢
By Steven Thomas / May 16, 2022 MANY ARE JUMPING TO EXTREME CONCLUSIONS ABOUT THE IMPACT OF HIGHER RATES, HIGH INFLATION, AND A POTENTIAL RECESSION ON THE HOUSING MARKET. A SELLER’S… Read more ⇢
By Steven Thomas / April 18, 2022 EVEN THOUGH HOUSING IS INSANELY HOT, TRENDS HAVE EMERGED THAT CONFIRM THE ORANGE COUNTY HOUSING MARKET IS STARTING TO COOL. Incredible, relaxing, memory-filled vacations… Read more ⇢
Written by Steven Thomas // March 21, 2022 WITH THE NUMBER OF AVAILABLE HOMES TO PURCHASE AT EXTREMELY LOW LEVELS, THERE SIMPLY ARE TOO MANY BUYERS COMPETING AGAINST EACH OTHER AN… Read more ⇢
By Steven Thomas / February 22, 2022 HOUSING HAS ONLY GROWN HOTTER DESPITE MORTGAGE RATES RISING CONSIDERABLY SINCE RINGING IN THE NEW YEAR, INDICATING IT WILL TAKE FURTHER CHANGES FOR THE… Read more ⇢
By Steven Thomas // February 7, 2022 WHEN A RECORD LOW NUMBER OF AVAILABLE HOMES IS MATCHED WITH FIERCE PENT-UP DEMAND, IT RESULTS IN AN AUCTION WHERE HOMES SELL IMMEDIATELY AND… Read more ⇢
January 25, 2022 // By Steven Thomas There are two opposing economic forces impacting the housing market right now. Rising mortgage rates and a record low supply of homes available to… Read more ⇢
By Steven Thomas / November 1, 2021 The residential resale housing market has been at an unrelenting, torrid, insane pace since July of last year, and, seemingly, nothing will slow it… Read more ⇢
By Steven Thomas / October 18, 2021 In June of last year, housing climbed out of the COVID lockdowns and resurfaced firing on all cylinders. It was as if someone had… Read more ⇢
By Steven Thomas // October 4, 2021 Before the blink of an eye, everyone will be gathering for a day of gratitude, family, feasting, and football. That is correct, Thanksgiving is… Read more ⇢
April 19, 2021 / By Steven Thomas NOW THAT THE SPRING MARKET HAS FINALLY ARRIVED, A NEW TREND HAS EMERGED, A RISING ACTIVE LISTING INVENTORY. A Rising Inventory After continuously dropping… Read more ⇢
April 5, 2021 / By Steven Thomas Even though buyers are exceedingly frustrated with the housing market after writing too many offers to no avail, waiting until the market gets easier… Read more ⇢
July 15, 2019 / By Steven Thomas Due to fewer pending sales, the overall housing market is not as hot as it used to be. Pending Activity: Housing has officially been… Read more ⇢
July 1, 2019 Accurately pricing a home initially to avoid price reductions is the most lucrative strategy. Initial Pricing: Sellers who price their homes accurately and avoid price reductions sell their… Read more ⇢
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