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Why have over 250,000 SoCal homeowners entrusted us with their real estate transactions over the past four decades?
Because we do more than JUST sell houses. Weāre committed to making a difference in the communities we call home through various philanthropic efforts, including our FirstTeam Foundation.
We empower homeowners to find the communities that fit them best.
Start by understanding the basic mechanisms of real estate transactions with our step-by-step buyer's guide so there are no surprises during the process.
We promise to go above and beyond to ensure you secure a home you love - even in today's housing shortage. And we put it all in writing.
If you're ready to sell and need help to identify an agent that has the values, skills, and spunk to get you to the finish line, ask them these 15 questions.
If you've had your home fall off the market without selling it's because your agent was doing something wrong, plain and simple. Here's how we ensure our clients succeed.
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 agentās 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 ā 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 youāre 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 ofĀ improvement and recoveryĀ from the effects of the COVID-19 pandemic. You can keep a close eye on rates by checking in on ourĀ Homebuyerās Mortgage Watch, updated every week. In general, when the economy is thriving, interest rates rise.
All signs point to no, the housing market isĀ not going to crash in 2021. In fact, the real estate market is thriving as a driver of our economic recovery. Despite the pandemic, todayās real estate market is healthy with market conditions of low supply and high demand keeping home values strong withĀ no bubbleĀ in sight.
Sellers have more options than ever before when it comes to selling their homes, so we let you choose the best path for YOU.
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Statistics Like This Donāt Happen By Chance
Represented Buyers & Sellers in Closed Real Estate Transactions, Last 12 Months
Represented Home Sellers with Closed Real Estate Transactions, Last 12 Months
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Aligned with the biggest brands in luxury real estate, First Team provides an unmatched level of worldwide exposure to the worldās most affluent homebuyers.
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Homeowners have more options than ever before when it comes to a home sale, so we let you choose the best path for YOU.
