The Answer May Surprise You, It’s Not Summer Most of the Costa Mesa real estate sellers I speak with tend to think one thing: Summer is the best time to sell. A recent Zillow analysis found that true for certain markets like Las Vegas and Charlotte, but when it comes to Costa Mesa real estate,read more
Mortgage Rates Down, Sales Slow???
April Normally A Busy Real Estate Month March and April are typically our best selling and fastest moving real estate months in Costa Mesa. I have always said if you are going to sell a property, put it out there in April or March for the best result in Costa Mesa. Since the Federal Reserve’sread more
Zillow’s Costa Mesa Real Estate Update
Costa Mesa Still Showing Small Uptick Interest rates appear to have stabilized in the lower 4% range now that the Fed has decided against raising rates again, and that appears to be positive for Costa Mesa real estate. Home sales are predicted to be up 1.9% according to Zillow’s recent data report. I would sayread more
Fed Leaves Interest Rates Unchecked For Now
Rates Should be Flat for Majority of 2019 The Fed announced last week they do not expect to raise any interest rates for the remainder of 2019. Good news for us here locally in Costa Mesa, and a decision that should help both buyers and sellers in Costa Mesa this year. Federal Reserve Chair Powellread more
California’s Luxury Market Continues
California’s luxury market continues to put new air under it’s wings with more growth in the 4th quarter of 2017. There were more than 11,000 sales above the $1M market in California at the tail end of 2017 according to a California Association of Realtor’s report. There were only 33 sales of more than $10Mread more
Costa Mesa Mortgage Interest Rates Fall to Lowest Level in 3 Years
In a surprising trend, Costa Mesa Mortgage Interest Rates Fall to Lowest Level in 3 Years. Currently, the average rate for a 30-year fixed mortgage was 3.58 percent, down from 3.59 percent last week and the lowest since May 2013, according to Freddie Mac. Overall, mortgage rates for 30-year U.S. loans dropped to the lowestread more
Mesa Verde Costa Mesa Real Estate Market Report March 2016
The numbers are in for the Mesa Verde Costa Mesa real estate market report March 2016, and all signs are continuing to be positive for the local Mesa Verde real estate market. Listings are up, prices are up, and time on market is shorter. Our median sales price is up over 4%, and mostly due to lack of inventory.read more
Costa Mesa Real Estate Market Report February 2016
The numbers are in for the Costa Mesa real estate market report February 2016, and all signs are positive for the local Costa Mesa real estate market. Our median sales price is off 1%, but that is due to lack of inventory. Costa Mesa’s Average sale price is up nearly 2% since the same periodread more
Low Inventory in Costa Mesa Homes February 2016
Low Inventory in Costa Mesa Homes February 2016 – As I mentioned in my 2016 Costa Mesa forecast post earlier this year, we are plagued by low inventory in Costa Mesa homes. That trend has continued now well into mid February. The graph below is a rolling 5 years of our inventory supply. You can seeread more
Most Beautiful Homes In Costa Mesa 2016
Looking for the most beautiful homes in Costa Mesa 2016? Here it is! This is a hand picked list of the best of the best in Costa Mesa this spring. Most Beautiful Homes In Costa Mesa 2016 So you know, I picked what I thought were beautiful homes or condos that are currently on theread more
New Mesa Verde Listing- Available For Pre-Showings
Looking for a truly turnkey home in Costa Mesa’s Mesa Verde neighborhood? 3 bedrooms, 2 baths, in a great part of the Mesa Verde neighborhood and available at the right price!!! Here’s a snapshot of a home we have coming up for sale: It’s a true “Green Home” with locally sourced materialsread more
Avoid Mistakes-Top 5 Tips To Winning Offers in a Seller’s Market
Top 5 Tips To Winning Offers in a Seller’s Market Here we go again, with inventory down, and competition heating up in the Costa Mesa real estate market. If you are in the market to buy a home soon, join the crowd! In many areas of Orange County, we again have inventory issues, as Iread more