Orange County’s housing market is facing renewed pressure as mortgage rates climbed from 6.75% to 7.5% in just six weeks. As a result, buyer demand dropped 18% pending sales over the same period, signaling a slower market as affordability challenges grow.
Read MoreVIEWS!! VIEWS!! VIEWS!! ONE OF THE LOWEST PRICED DETACHED HOMES IN GREAT PARK!! ZONED FOR IRVINE SCHOOLS! Stunning TURNKEY Home with BREATHTAKING VIEWS in the highly sought after Solis Park community of Great Park.
Read MoreThe 2026 housing market is shaping up to be healthier and more balanced. Mortgage rates are expected to ease and affordability is improving.
Read MoreSince the Great Recession, many homeowners have been holding on to their properties longer, and today’s higher mortgage rates have only added to that trend. This “lock-in effect” has slowed the pace of home sales, resulting in low housing turnover across Irvine and beyond.
Read MoreDespite concerns, housing values are holding steady even during the holiday market slowdown. Limited inventory and over a decade of tight lending standards continue to protect home values from a repeat of the Great Recession. As a result, home values are expected to rise further in 2025.
Read MoreWe’ve entered the Holiday Market season—a time when the real estate market typically slows down as people focus on holiday celebrations. If you're considering buying or selling in 2025, now is the perfect time to start planning. Preparing and strategizing today can set the stage for success in next year's evolving market.
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