BUYERS The Modern Guide to Homeownership and Selling in Today’s Real Estate Market Navigating the real estate market, whether you’re buying your first home or selling your family house, can be a mix of excitement and overwhelming decisions. This guide distills the essence of the home buying and selling process, offering fresh insights and actionable advice for today’s market. Buying Your Dream Home: A Step-by-Step Journey 1. Emotional […]
BUYERS Navigating the Home Buying Journey: Insights and Strategies Embarking on the home buying journey is an exhilarating adventure that comes with its own set of challenges and rewards. One pivotal aspect that often takes new buyers by surprise is the spectrum of costs involved, especially closing costs. It’s not just about saving for the down payment; there are additional expenses that necessitate thorough […]
BUYERS Navigating the Mortgage Rate Landscape: A 2024 Perspective for Home Buyers Irvine, CA – If the thought of buying a home has been circling your mind, you’re likely keeping a close eye on mortgage rates. Understandably, the journey towards homeownership might have felt out of reach when rates neared 8% last year, prompting many to pause their buying plans. According to data from Bright MLS, high […]
BUYERS New Horizons in the New Home Market: Insights As we delve into the latest data from the U.S. Census Bureau, January has brought with it a nuanced landscape for the new single-family home market. The seasonally adjusted annual rate of new home sales stands at 661,000, marking a modest yet significant uplift from the preceding month and the same period last year. This […]
BUYERS OC Market Snapshot: Analysis and Insights The Orange County (OC) real estate market, as part of the broader Southern California region, has shown a mixed bag of trends as we closed out December 2023. With data from Coldwell Banker Platinum Properties and insights from the latest market reports, here’s a detailed analysis to navigate the current landscape. Key OC Market Highlights […]
BUYERS The American Dream: Unlocking Homeownership’s Power In the heart of the American Dream lies a transformative decision – buying a home. Unlike renting, homeownership signifies more than just a roof over your head; it embodies belonging, stability, and freedom. The American Dream is still owning a home. There’s a lot of pent-up demand for ownership; that isn’t going away. Let’s delve […]
BUYERS Achieving Your Homeownership Dreams in 2024 with Coldwell Banker Platinum Properties As 2024 unfolds, many are setting their sights on either buying or selling a home. In an ever-evolving housing market, it’s essential to have a keen understanding of the current trends and to be clear about your reasons for entering the market. At Coldwell Banker Platinum Properties, we believe in empowering our clients with knowledge […]
BUYERS Discover How Down Payment Assistance Programs Can Make Southern California Homeownership a Reality with Coldwell Banker Platinum Properties Are you dreaming of becoming a homeowner in Southern California, where the sun-soaked beaches, vibrant culture, and thriving communities await? The good news is that owning a home in this beautiful region is more attainable than you might think, thanks to various down payment assistance programs. At Coldwell Banker Platinum Properties, located right here in […]
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BUYERS Southern California Real Estate Outlook 2024: Navigating the Future Market Embarking on the 2024 outlook for Southern California’s real estate market, we delve into a tapestry of indicators shaping what’s to come. The California Association of Realtors (C.A.R.) forecasts a market rebound as mortgage rates are expected to ebb, setting the stage for a 22.9 percent increase in single-family home sales and a 6.2 percent […]
BUYERS Are More Homes Available in the Market Right Now? In today’s dynamic real estate market, it’s crucial to stay informed about the latest trends and developments. A recent analysis  sheds light on the current state of housing inventory. Here’s what you need to know: Comparing Current Listings to Pre-Pandemic Levels: A comparison of the latest active listing counts with the years 2017-2019 highlights that […]
BUYERS Charting a New Course in Real Estate: Beyond the NAR Commission Ruling In the tranquil halls of CB Platinum Properties, we stand at the cusp of industry evolution, observing the ripples from the recent commission lawsuit verdict and its influence on the National Association of Realtors (NAR) membership. As a broker, we invite my fellow real estate professionals to not just watch the tide but to sail […]
BUYERS Navigating the Rising Mortgage Rates in Southern California: A Guide for Buyers and Sellers Mortgage rates have recently been making headlines, and if you’ve been tuned in, you’d know that they’ve reached their highest in over two decades. For many in Southern California contemplating a real estate move, this comes as concerning news. If you’re on the fence about proceeding with your real estate plans, let’s dive deeper to […]
BUYERS U.S. Housing Market Trends: The Future of Homeownership and its Implications A Challenging Landscape The American dream of owning a home seems to be drifting further away for many, especially as housing affordability takes another hit. With U.S. home prices escalating, mortgage rates creeping towards 8%, and wage growth not matching pace, the dynamics of the housing market seem to be working against the everyday American. […]
BUYERS Navigating Through the Waves: The Future and Stability of the Real Estate Market The real estate market, notoriously known for its fluctuations and susceptibility to various economic factors, has always been a topic of intriguing discussions among realtors, buyers, and sellers alike. Amidst the persistent inquiries and speculative forecasts, we delve into the question, “Is the Real Estate Market Going to Crash?” The Slow but Steady Move Towards […]
BUYERS How Federal Reserve Decisions Impact Home Buyers The housing market is a complex entity, continually influenced by a myriad of factors. One significant influence that often makes the headlines is the Federal Reserve’s (the Fed) decisions. As a potential home buyer, you might wonder, “how does this affect me and my plans to buy a home?” Let’s delve into it. The Fed […]
BUYERS How Changing Mortgage Rates Can Affect You in California If you’re thinking about buying a home in Southern California, you’re probably wondering how rising mortgage rates will affect your monthly payments. The good news is that even with higher rates, buying a home in can still be a great investment. The bad news is that you may have to pay more for your monthly […]
BUYERS Southern California Real Estate Market for First-Time Homebuyers Are you a first-time homebuyer in Southern California? Are you wondering what the current real estate market looks like and how to navigate it? In this blog post, we will discuss the latest trends in the Southern California real estate market and provide some tips for first-time homebuyers looking to purchase a home in this […]
BUYERS Existing-Home Sales Ease in January, but Median Prices Rise Existing-home sales have been declining for a year, with January seeing a 0.7% drop compared to December. Despite this, median home prices are still on the rise. Here’s a look at the key indicators and regional snapshots from NAR’s latest housing report, and what it means for sellers. The National Association of REALTORS® reports that […]
BUYERS Navigating Home Prices in the Spring Market: What You Need to Know With the spring market approaching, many people are keeping a close eye on the latest changes in home prices. However, navigating the confusing and often misleading data can be a challenge. To help you make informed decisions about your real estate goals, here’s what you need to know about today’s home prices. According to Nataliya […]
BUYERS Pre-Approval in 2023: What You Need To Know Are you thinking about buying a home? One of the first steps in your journey should be getting pre-approved. But what is pre-approval and why is it so important? Pre-approval is the process where a lender looks at your finances to determine what they would be willing to loan you for a mortgage. The lender […]