by First Team Real Estate | Aug 7, 2020 | Real Estate News, Selling
It’s hard to believe that the real estate market could be booming in the middle of a pandemic. But the fact is, coronavirus hasn’t killed the housing market, it’s helped reveal how viable and healthy it really is. With buyers and sellers continuing to safely and...
by First Team Real Estate | Jul 24, 2020 | Buying, Real Estate News, Selling
The average 30-year fixed-rate mortgage fell to a record low of 2.98% last week, the lowest ever recorded by Freddie Mac in the nearly 50 years of the mortgage giant’s survey. Concerns about the economy have been pushing rates lower and lower over the past 6...
by First Team Real Estate | Jul 8, 2020 | Real Estate News, Selling
According to recent reports from local appraisers, the coronavirus has yet to hurt Southern California home values which continue to rise despite the pandemic. The Real Estate Research Council of Southern California has tracked home-value changes twice a year since...
by First Team Real Estate | Jun 18, 2020 | Real Estate News, Selling
Many Americans are rethinking and recognizing the importance of home as mortgage applications spike amid historically low interest rates. The 30-year fixed-rate mortgage averaged 3.21% last week according to the Mortgage Watch, signaling increased buying power for...
by First Team Real Estate | Jun 4, 2020 | Get Local, Real Estate News
The Orange County Real Estate Market Report for May 2020 shows that Southern California real estate is most certainly still open for business, and what’s being put on the market is moving fast. In May there were 4,485 single-family homes for sale, a 53.5%...
by First Team Real Estate | Jun 3, 2020 | Buying, Real Estate News, Selling
Southern California homebuyers are swiftly returning to the real estate market, with the National Association of Realtors® reporting a large majority of house hunters (65%) who attended an open house within the last year would do so now without hesitation. Sales and...
