September 2013

There are 23 blog entries for September 2013.

First Team’s Weekly Mortgage Watch this week highlights the following updates:
  • Mortgage rates moved even further downward than expected last week as the market continued to absorb the Fed’s decision not to begin to taper QE3. Comments from some Fed officials also provided additional insight that the Fed could delay the tapering of its monetary supports a bit longer than many analysts expected.
  • Economic news for the week continues to be mixed, with New Home Sales climbing another 7.9%, but multiple indicators of consumer moods moved downward.
  • Political brinkmanship may take center stage for mortgage rates again this week, with Washington again flirting with a partial government shutdown. If a last-minute compromise is not reached, mortgage rates

Going to open houses is great way to jump into the home buying process or just take the opportunity to check out some amazingly cool real estate nearby. While you’re there, don’t be afraid to ask questions. Ask about improvements and upgrades to the house to get a true picture of its history. Whether you’re asking to ensure your potential new home is up to code or you’re gathering tips for your own, asking about repairs and improvements is always a good idea. This weekend September 28th and 29th, First Team has 107 open houses in 4 different counties in Southern California. Orange County (93) Riverside County (10) Los Angeles County (2) San Bernardino County (2)   Attendee Tip: Look past the staging and really see the house. Agents and owners will…

We've searched the web and found the Top 10 Real Estate articles for the week of September 23rd. Whether you're an agent, a buyer, seller or just curious about the market, we've gathered all of your must-reads into one short list.   For Buyers: number1Why You Should Be Investing Your Money In Real Estate A great investment for your financial future could be real estate. Successful entrepreneurs are investing in real estate because it can qualify you for tax write-offs and deductions along with several other long term benefits. Experts even say it can be more reliable than an IRA or 401k. (entrepreneur.com) number2Mortgage rates fall to 2-month low after fed announcement Although mortgage rates are rising on the whole, after the Fed announced it would not wind down…

Going green isn't just a fad, it’s a smarter way to live. Whether you’re looking for a way to increase the value of your home and attract buyers or simply create a more eco-friendly environment for the family, making a few energy efficient or “green” choices can help you make it happen. Not only is going green fun and easy, it can help you start saving money on your energy bills. So stop fighting it and give into the green life, starting with these 5 home renovations. greenlight 1. Lighten Up and Change Your Bulbs. Incandescent light bulbs are a thing of the past; it’s time to upgrade your bulbs to compact fluorescents. Compact fluorescent light bulbs are the swirly bulbs you’ve seen and not only do they use less energy, they also last 10 times longer than your…

Thinking about looking at homes for sale in Mission Viejo, CA?  Let us give you a snapshot of the city so you can get an idea of what this community is all about. Mission Viejo has a population of 94,158, average income of $123,123 per year, 35% households have children and the average house value in the city is $617,671. The crime rate if very low and most residents of this suburban wilderness are professionals, ages 45-64. Click here to check out the full breakdown the city's demographics. Now that you know the town a little better, read a bit more about the services and attractions the city has to offer. Whether you’re planning a move or just looking for something fun to do in Orange County, it’s time to check this city out! Two of the best attractions…

Thinking about relocating to Mission Viejo, CA? If the beautiful tree lined streets of this suburban wilderness aren't enough to entice you, then take a look at the amazing schools this city has to offer. When considering where to buy your next home it’s important to consider where you want your children to grow up. One of the most influential factors in a neighborhood or community, and where your child spends the most time growing up, is school. Mission Viejo schools are a part of either the Saddleback Valley Unified School District or the Capistrano Unified School District. Greatschools.com rates elementary, middle and high schools on a scale of 1 to 10 based on an overview of school’s performance on state wide standardized tests. According to

It’s important to get out and get active so when you’re looking for a healthy and happy community to settle in with your family, take a look at homes for sale in Mission Viejo, CA.  Mission Viejo has approximately 2 parks per square mile and its clean suburban streets are lined with trees.  In fact, the city has a total of 14,000 trees and has been designated for the 14th year in a row a “Tree City USA” community by the Arbor Day Foundation. With a total of 52 parks and open spaces in addition to a variety of community and recreation centers throughout the city, Mission Viejo is a community where your family can thrive. And one of the greatest things about the parks and recreation that Mission Viejo has to offer? That would be the amazing walking and…

For the third year in a row, First Team Real Estate has been voted the Best Real Estate Company in Orange County. Every year in the month of May the Orange County Register has readers vote for their favorite services, entertainment, products, and dozens of other categories of offerings that you the consumers agree are the ‘Best of Orange County’. With more than 40 offices in Orange, Los Angeles, San Diego, Riverside and San Bernardino counties, First Team Real Estate is the #1 independent brokerage in Southern California and was voted No. 10 in the nation for 2012 by RISMedia, a leading industry news source.

This year alone, more than 2,400 homes for sale in Orange County – about 1 in 6 – were listed with a First Team Real Estate agent. We work

  • After spending the last few months preparing the market for the tapering of its Quantitative Easing program, the Federal Reserve decided that the economy is not quite ready for a reduction in Fed support. Mortgage rates reacted as expected and moved downward.
  • In terms of economic data, the economy is still improving, albeit slowly and still suffering from fits and starts. The Fed again pointed to the weakness in the labor market, and showed some signs of concern for the potential impact of increasing mortgage rates.
  • Rates could move either way during the course of the week, as the market continues to digest the Fed’s nochange in policy, and continues to place odds on when the tapering will actually begin. If economic news remains muted, rates

Looking for things to do in Orange County? Visit Irvine and check out the amazing shopping centers the city has to offer. Irvine Company has three beautiful outdoor malls in the area that not only provide a convenient and varied shopping experience but also include tons of restaurants and attractions. They are Irvine Spectrum, Fashion Island and the Market Place. Need more incentive? Style Week OC, Orange County’s largest fashion week will be hosted exclusively at these three shopping centers from September 28th – October 5th. You’ll get the opportunity to check out designer runway shows, fun fashion opportunities and maybe even sneak a peek at some celebrity guests! Fountain_at_Irvine_SpectrumIrvine Spectrum – Walking around the 164 shops available in this outdoor center, you’re…