First Team Real Estate Blog

Despite low inventory, real estate sales have increased in Southern California. If you're looking to buy, keep at it at open houses this weekend in Riverside and San Bernardino Counties. The competition is fierce so it's time to get out there and make an offer if you're ready!

RIVERSIDE COUNTY

View all Riverside County Open Houses

SAN BERNARDINO COUNTY

View all San Bernardino County Open Houses

If you have any questions about open houses, the real estate process, or your local market, just ask a real estate agent. It’s literally their job to help you find a house and some happiness at home. Search online for an agent near you or contact us and we’ll match you with an agent in your area.

Email us at clientservices@firstteam.com

Many people have seen or heard of those old English mansions where bookshelves pivot to reveal a secret room. Or perhaps a section of what looks like old books is actually a doorway. Behind the door is another door to a safe that holds the family jewels. Though most people don’t live in such stately homes, there are many new and innovative ways to keep possessions safely hidden away even in the humblest studio or tiny house. Indeed, almost every house could use a hidden built-in. Whether it’s a playroom for the kids with a touch of the mysterious, or a functional way to hide your gun safe, having hidden built-ins is something to consider. Here are some of our favorites!

The Kitchen

Many houses and apartments have kitchens where space is a premium.

Say hello to October this weekend and check out open houses in Los Angeles County while you're at it. Browse new fall inventory and chat up a First Team expert in your neighborhood. 

LA COUNTY

View all Los Angeles County Open Houses

If you’re going shopping for a home this weekend, the smartest plan is to have an agent by your side. An agent can help you act fast when you find the perfect home, and answer all of your burning home buying questions. If you have questions before you head out or would like to team up with an agent, find a First Team agent online or reach out and we’ll match you with a top agent near you.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: It's a competitive market in Southern

Although inventory is declining, sales have increased 1.3% from last year according to recent data from the California Association of Realtors. In Southern California the media price of single-family homes increased 7.7% from a year ago to $534,820 and sales increased by 5.8% from last year. Despite low inventory, the real estate market remains strong.

The infographic below breaks down the state data between the San Francisco Bay area, Central Valley and Southern California. Southern California statistics encompass LA, Orange, Riverside, San Bernardino, San Diego and Ventura counties. 

If we look specifically at the Southern California numbers, the Inland Empire most recently has seen the largest price increase year over year. San Bernardino County

If you love living a vacation lifestyle, then you don’t need to leave home to enjoy luxurious amenities. Whether you’re looking to create the perfect staycation or you’re considering renting out your current residence as a vacation home, these changes will make your house feel like a luxurious getaway. 

In Southern California, the best way to make your home a vacation spot is to focus on your outdoor living spaces. With near perfect weather all year long, you'll want to focus on accentuating any and all outdoor experiences. Check out the five upgrades that can transform the functionality of your home.

Build an Outdoor Fireplace

3901 Prima Buca, Yorba Linda listed by Kristen Fowler

To enjoy your backyard on a cool summer evening, build a

It’s a common occurrence in today’s residential real estate marketplace: you begin your search for a new home to purchase, you go on tours of properties that pique your interest, and from that experience, you decide that you’ve discovered your dream home—only to find out that an offer has been placed and accepted by its current owner. To be certain, it’s a frustrating situation to find yourself in. But rather than immediately give up hope, you’d be wise to consider making an offer of your own.

In the real estate industry, we refer to such offers as “backup offers”—offers that sellers accept as contingency plans in case original offers fall through. While fielding backup offers is business as usual for seasoned real estate agents, knowing when and how

Weekly Mortgage Watch - September 24, 2017

Click here to download the PDF.

FIRST TEAM’S WEEKLY MORTGAGE WATCH (September 24th, 2017) THIS WEEK HIGHLIGHTS THE FOLLOWING UPDATES:

  • Many economists breathed a sigh of relief when the Federal Reserve finally announced the start of its long path to winding down its gigantic portfolio. 
  • With inflation unexplainably muted, the Fed has been able to remain “accommodative” for an extended period. Indeed this has become the third longest recovery in recorded US history. 
  • However, the economy moves in cycles, and another downturn will happen, although we don’t know when. 
  • According to experts, if the next downturn starts before the Fed “normalizes” its policies and portfolio, the tools at the Fed’s disposal to fight a recession could be very

Summer has officially come to a close but the real estate market is still in full swing with open houses this weekend in Orange County.  Nothing goes better with pumpkin spice than a great 3 bed, 2 bath with a roaring fireplace. 

 Orange County

View all First Team Orange County Open Houses

Make the most of your home search this weekend by teaming up with a real estate agent. Search for an agent on our site or reach out and we’ll match you up with an agent today to be house hunting with you tomorrow.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: Not looking forward to being new to the neighborhood? Get ahead of the game by checking out local events in your new area. No matter where you're searching

Don't miss all the fall events going on this October 2017 in the Inland Empire. From Palm Springs to Big Bear, festivities are in the air. Check out the Oktoberfest celebrations, harvest festivals and more this October. For even more events in your area, check out our list of events in LA County and Orange County.

Big Bear Lake Oktoberfest

Now – Saturday, October 28th
Every Weekend
bigbearevents.com

Oktoberfest at Big Bear Lake rages on. A true German celebration, this year’s Oktoberfest features three bands direct from Germany. Guests are treated to authentic German entertainment; feast on Brats and Knockwursts direct from the German butcher; and enjoy the very same beers poured at Munich’s Oktoberfest for more than 150 years!

The Pumpkin

It's the first day of autumn which means you need something pumpkin spice in your head while you check out open houses in Riverside and San Bernardino Counties this weekend. Fall is in the air...

RIVERSIDE COUNTY

View all Riverside County Open Houses

SAN BERNARDINO COUNTY

View all San Bernardino County Open Houses

If you have any questions about open houses, the real estate process, or your local market, just ask a real estate agent. It’s literally their job to help you find a house and some happiness at home. Search online for an agent near you or contact us and we’ll match you with an agent in your area.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: When you need a break from all the