BREATHTAKING VIEWS!! You will love the stunning mountain, sunset, and city views from this home! Gorgeous model-like detached home in the gated community of Encanto in Lake Forest. Just built in 2017 with over 50K in upgrades, this home features 3 bedrooms, 2.5 baths. As you enter the formal foyer, you will be greeted by the spectacular OPEN FLOORPLAN with soaring ceilings, tile flooring, and wall of windows adorning the living area. With no home behind and open views, you will love all the NATURAL LIGHT and PRIVACY.

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Here's a quick recap of what is happening in the local real estate market. When a commodity drops to a price that is too good to pass up, everybody flocks to purchase it. That is precisely what is occurring in housing. Home values have not plunged by 40%; instead, historically low mortgage rates is the catalyst to surging demand. As a result, buyers are coming out in droves to purchase homes. With all my recent listings, I have had multiple offers within the first 4 days on market. The Orange County housing market continues to be a Hot Seller's Market and will continue well into 2021.

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Gorgeous Model-Like detached home in the brand new community of Corte Bella in Orchard Hills. Built in 2015, this highly upgraded home features 3 bedrooms, 2.5 baths. As you enter the formal foyer, you will be greeted by the spectacular OPEN FLOORPLAN with soaring ceilings, rich hardwood flooring, custom drapes, and wall of windows adorning the living area.

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Active inventory plunged by 374 homes this past week, down 10%. As such, the Orange County housing market continues to be a Hot Seller's Market and will continue well into 2021. Demand is also at unprecedented levels - it hasn't been this high since November 2012. With the low mortgage rate environment forecasted to continue throughout 2021, the market will remain hot through Spring of 2021 with prices unlikely to fall anytime.

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If you’ve seen a change in your credit score recently, you may be wondering why. There are a number of factors that contribute to a dropping credit score and it is important to know what may be causing that! When buying a home, it is important to maintain your credit and not make any major purchases that could impact your score. Here are the top 5 reasons for a drop in credit:

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The Orange County housing market continues to be a Hot Seller's Market and will continue well into 2021. To put the current market in perspective, this time last year, the Average Expected Market Time was 71 days. Today's Average Expected Market Time is 41 days. When the housing market is so hot this late in the year, this indicates a strong beginning to the New Year.

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The Orange County housing marketing will remain a hot seller's market for the remainder of 2020. Strong demand and incredibly low inventory will result in home values rising. As you can see in the 12-month chart below, Days on Market (DOM) is the speed of the market. The lower the DOM, the faster the market. Since September 2019, the speed of the market has gone from 47 average days on market to 36 average days on market. That means homes are selling 23.4% faster. Average sales prices have also increased 4.31% since 2019. There is a scarcity of homes for sale and multiple offers are the norm. Sellers - we need more inventory! Please contact me if you are thinking about selling.

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The housing market is HOT, HOT, HOT!! The days of multiple offers are back with buyers out in full steam.

For home sales below $1M, the expected market time is 29 days which is considered a hot seller's market. For homes sales above $1M (luxury housing market), the expected market time is on average 68 days. The luxury housing market broke records in the last month, up 2% in the last 2 weeks.

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