It used to be that buyers would pay any price for a home, but that is just not the case anymore. That was 2012 and 2013. By the end of 2013, properties in Orange County had realized substantial appreciation. Values were no longer a “deal,” so buyers were unwilling …

Active Inventory: The inventory increased on the backs of overpriced, overzealous sellers. 

2014 started with an active inventory of 4,733 homes, the lowest point of the year. That was a much higher start compared to 2013’s extremely anemic, 3,161 homes. That was the year of multiple offers, purchase …

Many out in the real estate field will think I have lost my marbles, moving sellers from the “Naughty List” to the “Nice List.” For the first 7. months, as a group, they were very naughty; but, for the past three months, they are really showing much improvement and …

 The Squeeze on Affordability: the reason it is a great time to buy now is because of the building upward pressure on interest rates. 

Now that the Federal Reserve has ended its “tapering” and no longer is funding the secondary market, they are now looking on the horizon …

Too many sellers fall into the trap of pricing their homes based upon active listings, the wrong approach with so many overpriced homes. 

Pricing Based Upon Active Listings: Sellers pay way too much attention to what other properties are listed at, often a recipe for failure. 

2014 …

Buyers and sellers have been known to have unrealistic expectations in approaching the housing market and they say the funniest things. 

Foolish Talk: Buyers and sellers who buy into some foolish thinking will not find success in today’s Orange County real estate market. 

Real estate professionals from …

 With the best time of the year to sell coming to a quick end, Orange County appreciation is coming to an end. 

A Ceiling in Values: Sellers are learning the hard way that they can no longer arbitrarily set the price. Buyers, sellers, REALTORS®, lenders, and everybody …

 The first two quarters of 2014 are in the rearview mirror and this year is unquestionably different from prior years.

Mid-Year Update: This year’s market is marching to the beat of its own drum.

From 2007 through 2011, the Great Recession brought housing to its knees. …