Advance Your Home Search

Introducing Home Search Assist TechnologySM

Less Search | More Insight | Private Inventory

Top FAQs

Questions most frequently asked by home buyers and sellers.

  • Selling Q&A
  • Buying Q&A

The first step to figuring out how much you can sell your house for is working with a local real estate expert to draw up a Comparative Market Analysis (CMA). A CMA report is a full in-depth look at not just your home, but similar properties in terms of size, location, condition, and amenities that have sold within the past 3 to 6 months. The only way to accurately determine how much you can get for your home is to compare it to others that have sold recently. Weighing your home against others, along with your real estate agent’s local knowledge of where the housing market in your neighborhood is headed, will help you figure out exactly how much your home is worth.

On average, most regions in the U.S. have a home appreciation rate of roughly 3.5 – 3.8 percent. This is dependant on local housing trends and the economy in general. Southern California real estate however tends to appreciate faster and in 2020 home price appreciation was off the charts. Among SoCal’s six counties, median prices rose 13 percent from 2019 to 2020 according to data released by data firm DQNews.

If you are looking for an indication of what the housing market might look like in 2021 and if you’re thinking about selling your home, it is promising to know that although interest rates are expected to stay relatively consistent through this year and next, the number of homes for sale and the average price of a home is projected to climb.

If you can afford it, yes. With interest rates at historic lows, this is the opportune time to buy a house. Low-interest rates help homebuyers afford more expensive homes, however, with housing inventory also at historic lows, we are experiencing a fiercely competitive market right now.

Interest rates are currently on the rise as the economy continues to show signs of improvement and recovery from the effects of the COVID-19 pandemic. You can keep a close eye on rates by checking in on our Homebuyer’s Mortgage Watch, updated every week. In general, when the economy is thriving, interest rates rise.

All signs point to no, the housing market is not going to crash in 2021. In fact, the real estate market is thriving as a driver of our economic recovery. Despite the pandemic, today’s real estate market is healthy with market conditions of low supply and high demand keeping home values strong with no bubble in sight.

Choose Your Seller Experience

Homeowners have more options than ever before when it comes to a home sale, so we let you choose the best path for YOU.

Local Market Reports

Access Powerful insight that’s guaranteed to help you buy or sell your next home!

Click on the image below and be the first to utilize this premium data.

1
1
1
1
1

Find The Agents
Nearest To You

As the largest privately held
family-owned company in SoCal,
we have over 30 office locations
and 2,000+ agents to help you
find your dream home.

As the largest privately held family-owned company in SoCal, we have over 30 office locations and 2,000+ agents to help you find your dream home.

98% Client Satisfaction:

Statistics like this don’t happen by chance

0
Represented Buyers & Sellers in Closed Transactions in the Last 12 Months
0
Represented Home Sellers with Closed Transactions in the Last 12 Months

Where Do You See Yourself?

Browse our areas for more information

A Look Into Luxury

Aligned with the biggest brands in luxury real estate, First Team provides an unmatched level of worldwide exposure to the world’s most affluent homebuyers.

Start Your Home Search Here

If you didn’t find your perfect home in our Coming Soon inventory, choose one of the three options below and search the entire MLS.

Our Preferred Service Providers

Fnhw Paid Advertise
Nhd Logo
Image

First Team Exclusives