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 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 […]
SELLERS Sell Your Home Now: Why Listing Before New Year is a Smart Move Make Your Move Before the New Year: A Strategic Choice for Home Sellers As the year winds down, you may be contemplating a significant change – selling your house. The question arises: should you list your property now or wait until January? While pausing until after the holidays might seem appealing, there are compelling reasons […]
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 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 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 […]
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SELLERS Unlocking Your Southern California Home Equity: A Seller’s Guide Are you a homeowner in Southern California contemplating the sale of your house? If the current mortgage rates have you second-guessing your decision, you’re not alone. Many homeowners are hesitant to sell in a rising interest rate environment. However, it’s crucial to understand that while rates may be on the rise, so is the value […]
SELLERS The Best Time to Sell Your Home is Almost Here The spring market is in full swing, and that means it’s the best time to list your house. But before you put your home on the market, there are a few things you need to do to make sure it sells quickly and for top dollar. 1. Price Your Home Right The first step is […]
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 […]
SELLERS The Impact of Mortgage Rates on Your Home Selling Decision Homeownership is a major milestone, and with the current state of the real estate market, it’s essential to weigh all the factors that could impact your decision to buy or sell a property. The pandemic brought about record-low mortgage rates, which led many homeowners to buy or refinance their homes. However, rates doubled in 2022, […]
SELLERS Tips To Reach Your Home Selling Goals in 2023 Are you planning to sell your home in 2023? Whether you’re looking to downsize, upgrade, or move to a new area, selling your home can be a big and exciting step. Here are a few tips to help you reach your home-selling goals this year: Prepare your home for sale. Take some time to declutter, […]