May 2014

There are 24 blog entries for May 2014.

There are a total of 6,409 homes for sale in Orange County, CA real estate, up 9.7% from last month and 72.1% since last year. Of those 4,078 are single-family homes with an average sold price of $868,000, and 2,056 are condos and town homes with an average sold price of $455,500. Increased inventory means good news for home buyers. Mortgage rates this week have also been good, dipping down to 4.14%. If the time is right for you then take advantage of all market now and secure your dream home and a low interest rate while you can. You can start your home search this weekend at an open house or anytime by appointment with a First Team agent. Call or email us now and we’ll connect  you with an agent to get you started.

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There are currently 14,484 active properties for sale in Inland Empire, CA real estate. 12,007 are single family homes with an average sold price of $327,000 and 1,908 are condos or town homes with an average sold price of $252,750. You can start your home search this weekend by visiting open houses or view any Inland Empire real estate by appointment with a First Team Real Estate agent. Call or email and we’ll connect you with a top agent in your area of interest to help you through the home buying process.

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This weekend May 30th and June 1st there are 14 First Team open houses in the Inland Empire – 11 in Riverside County, 1 in the Desert Areas and 2 in San Bernardino County. Here is…

There are a total of 12,667 active properties in the Los Angeles County, CA real estate market, up 4.7% since last month and 49.1% up from last year. Of those listings 9,298 are single family homes with an average sold price of $746,000 and 3,258 are condos and town homes with an average active listing price $501,500. With more inventory in Los Angeles and all across Southern California, the real estate market is opening up for buyers. Interest rates have remained low thus far in 2014 hovering in the low 4% range but with every point mortgages rates go up, home buyers lose 10% of their buying power. If you’re ready to buy a house now is the time to act. You can view Los Angeles County real estate at an open house this weekend or by appointment with a…

Orange County's Most Trusted Real Estate Broker Featured in Luxury Estate Report in Exclusive San Juan Capistrano Community

Irvine, CA (PRWEB) May 29, 2014 Real estate in historic and beautiful San Juan Capistrano has seen incredible price growth of better than 36% over the past thirteen months and leading this growth has been First Team Estates - Christie's International. Recognizing the growth in the market and the uniqueness of the homes found in this picturesque community, the Orange County Register reported on a major estate offered by First Team Estates - Christie's International.

"With our recent exclusive affiliation with Christie's International, First Team Estates buyers and sellers have been able to take advantage of our truly unique

What is it like living in Old Towne Orange?

Old Towne Orange has a bustling small town feel and is located right smack dab in the middle of Orange County. It’s a great place for first-time home buyers to check out because the prices are affordable plus there are tons of other perks like a family friendly atmosphere and all the fun and charm of the Orange Plaza Historic District. I have several friends who live in the area and they love it because they feel safe enough to take the dog out for a walk at night plus all the benefits of having a downtown within walking distance. old-town-orange-first-time-home-buyers Old Towne Orange lies at the center of Orange County and spans out approximately 3 blocks in each direction from the plaza. The area includes 1,400 homes and other buildings. Old…

First Team’s Weekly Mortgage Watch (May 25th, 2014) this week highlights the following updates:
  • Last week saw mortgage rates slipping slightly again, with a light economic calendar and very little news to move markets significantly in any direction.  Economic news was, once again, a somewhat mixed bag.
  • The Conference Board’s Leading Economic Indicators decelerated to 0.4%, while New and Existing Home Sales notched upward.
  • We saw a little bit of a glimpse of the future in the Federal Reserve Meeting Minutes.  Eventually, QE3 will end, and the Fed will hopefully be in a position of moving from accommodation to unwinding its vast holdings, while managing monetary policy.
  • It is clear that the Fed will use a vast array of tools that may make

When it comes to buying Orange County real estate you really can’t go wrong. We’re located on the 5 freeway between Los Angeles and San Diego, two cities full of fun and entertainment, where you can lie on the sand at the beach in the morning and venture to the snowy mountains just hours later.  Whether you’re looking in Irvine or Huntington, at resale or new homes for sale in Orange County, condos or single family homes you won’t be disappointed.

That being said, there are new construction homes popping up all around Orange County and it’s time you started learning about their benefits. Here are 5 reasons why you should consider buying from one of the new home developments in Orange County.

1. Desirable new locations are opening up

In other

Living in Santa Ana

Santa Ana is a very diverse and exciting place to live in Orange County. It is the second largest metropolitan area in the county and a hub for city and county administrative buildings. There are several different communities within the city so there’s truly something for everyone.

The major areas include downtown where you can find the Artist’s Village and emerging urban playground, Midtown which is home to the Discovery Science Center, Bowers Museum and MainPlace Mall, and the south end bordering on Costa Mesa which makes up the South Coast Metro area.

Nicole Doughty, First Team real estate agent and expert on Santa Ana says one of the greatest assets of living in the city is the incredible freeway access.  Santa

Irvine, CA (PRWEB) May 20, 2014

After three decades of working in the highest levels in residential real estate as an agent, broker, and published author and thought leader, Mark Hughes has been promoted to Senior Vice-President, Operations for First Team Real Estate, Southern California's largest and most trusted independent real estate broker.

"It's an incredible opportunity to work with such a talented and motivated team," said Mark Hughes. "We are coming off a great year and building an even better one. To help lead that is something that I look forward to everyday."

Joining First Team Real Estate as a regional manager for the Greater Los Angeles area in early 2013, Mark has helped agents achieve an unprecedented level of market share in the four

New homes for sale in Irvine CA are heating up the real estate market in Orange County. With its great schools, beautiful master planned communities and super low crime rates, Irvine is a desirable place to live and of course for builders to construct new homes.

You can search for new home communities in Irvine or any other SoCal city on our site. This is the perfect place to start your search and get a good feel for what's up and coming in the area. 

Buying new construction is very similar to purchasing a resale home but there are some differences including negotiating strategy and timeline are just a few. Here are 5  facts you need to know as a home home buyer when purchasing new construction, specifically in the Irvine area.

1. Choose your