02 Aug OC Housing Market Downshifts
Here is what you need to know if you’re a seller thinking about entering the market.
Higher Mortgage Rates. More Available Homes. Lower Demand. And Significantly Longer Market Times.
Open House directional arrows are everywhere. And homes are sitting. The market is no longer instant and property pricing is absolutely crucial to find success.
Interest rates have skyrocketed since the beginning of the year and affordability has taken a massive hit. As a result, buyers have backed off. Demand is at its lowest level since 2004.
If you are planning to sell, steer clear of ‘testing’ the market to see how far you can stretch your asking price. Call us today for a free home valuation.
FEATURED HOME
$2,198,800 | 5B/4B | 2C
30 Cielo Prado, Mission Viejo, CA 92692
Welcome to luxury living with this incredible completely upgraded stunner of a 5 bedroom, 4 full bath home built by prestigious builder Cal Atlantic in the private and secluded new build community of Skyridge!
WHO WE WORK WITH
CHRISTOPHER ARCE-DALE
Escrow Officers
Glen Oaks Escrow
Our mission is to run exceptional real estate businesses that enhance the lives of the people, partners, and communities we serve. We can’t wait to make a raving fan out of you, so let’s get started! We are realtors, buyers, and sellers.