May 2020

As the global pandemic continues to affect various parts of life, Californians currently hold a negative outlook toward the housing market and economy. Take a look into these various opinions below.

The Aaronson Group has listed 23971 Sprig Street, Mission Viejo, Orange County, California, for a newly reduced price of $715,000. (MLS® #OC20057581)

This gorgeous three-bedroom, single level home is situated on an oversized lot in a desirable Mission Viejo enclave. The inviting light and bright open floor plan features designer appointments, including newer tile and laminate wood flooring, Anlin vinyl windows and slider with a lifetime warranty, new window coverings, upgraded lighting fixtures and ceiling fans, paint in today's colors inside and out, and upgraded bathrooms. The spacious kitchen features an exquisite custom backsplash, rich cabinetry, new stainless appliances, and new tile flooring. The master suite provides a spacious walk-in

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate has reached 65.3% in the first quarter of 2020. This number has been rising since 2016 and is the highest we’ve seen in eight years.

The National Association of Home Builders (NAHB) explains the rate increase:

“Strong owner household formation with around 2.7 million homeowners added in the first quarter has driven up the homeownership rate, especially under the decreasing mortgage interest rates and strong new home sales and existing home sales in the first two months before the COVID-19 pandemic hit the economy.”

Additionally, the NAHB also highlights the year-over-year increase in each generational group:

“The homeownership rates among all age

The Aaronson Group has listed 4 Cloudcrest, Aliso Viejo, Orange County, California, for sale at $549,900 or lease at $2,800/month. (MLS® #OC20085328)

This incredible 2 bedroom plus loft end unit location overlooks lush greenbelts and offers lots of privacy and serene views from every room. The light and bright, open floorplan features vaulted ceilings and numerous windows, creating a seamless flow from the living room, dining area, and kitchen onto the balcony with green hills view. The kitchen has been refreshed with exquisite quartz counter tops, new stainless stove cooktop and microwave, and freshly painted cabinetry. The master bedroom suite features serene views and a large walk-in closet. The spacious, direct access 2-car garage provides lots

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