Preview Orange County Real Estate Blog

In Escrow-Condominium in Private Gated Community of Lake Shores

Explore one of the best locations in the private gated community of lake shores. This 2 bedroom, 2 bath waterfront property boasts lake front location & ground level, single story privacy. The immaculate custom designed interior is complimented by wrap around patio allowing beautiful lake views to fully unfold. This spacious, light & bright open floor plan features modern appointments including warm colors wood floors, cozy fireplace in the family room, travertine, granite countertops, matching white cabinets and upgraded kitchen and baths. The chef’s caliber kitchen opens to the living room and offers lake and mountain views. The rest of the home unveils two spacious bedrooms - large master opens up to the patio where one will appreciate an…

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Price Reduction! Condominium in Private Gated Community of Lake Shores

Explore one of the best locations in the private gated community of lake shores. This 2 bedroom, 2 bath waterfront property boasts lake front location & ground level, single story privacy. The immaculate custom designed interior is complimented by wrap around patio allowing beautiful lake views to fully unfold. This spacious, light & bright open floor plan features modern appointments including warm colors wood floors, cozy fireplace in the family room, travertine, granite countertops, matching white cabinets and upgraded kitchen and baths. The chef’s caliber kitchen opens to the living room and offers lake and mountain views. The rest of the home unveils two spacious bedrooms - large master opens up to the patio where one will appreciate an…

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Why Today's Housing Market Isn't Headed for a Crash

67%of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008. 

Back then, mortgage standards were less strict 

During the lead-up to the housing crisis, it was much easier to get a home loan than it is today. Banks were creating artificial demand by lowering lending standards and making it easy for just about anyone to qualify for a home loan or refinance an existing one. 

As a result, lending institutions took on much greater risk in both the person and the mortgage…

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Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why this is a great time to do so if you’re thinking about selling your house. Your house would be welcome in a market with fewer homes for sale than it did in the years leading up to the pandemic.

According to the latest monthly housing market trends report from realtor.com:
There were 65.5% more homes for sale in January compared to the same time in 2022, which means that there were 248,000 more homes available to buy this past month compared to one year ago. However, while the number of homes for sale is increasing, it is still 43.2% lower than before the pandemic in…

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Lower Mortgage Rates Are Bringing Buyers Back to the Market

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. Unfortunately, that meant some homeowners decided to press pause on selling.  However, rates are now declining—and buyers are starting to reenter the market. The latest data from the mortgage bankers association (MBA) shows mortgage applications increased last week by 7% compared to the week before.

So, if you’ve been planning to sell your house but are unsure if there will be anyone to buy it, this shift in the market could be your chance. Here’s what experts say about buyers returning to the market as we approach spring.

Mike Fratantoni, SVP and chief economist, MBA:
“Mortgage…

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SOLD! Private & Quiet Location with Lake & City Lights in the Beautiful Community of Lakeside Park

Private & quiet location with lake & city lights in the beautiful community of Lakeside Park in the tranquil city of Lake Forest. This spacious 3 bedroom, 2 and a half bath sizable condominium is the perfect family home. Remodeled just a few years ago with designers touches like farmers door in master bedroom's closet, custom cabinets throughout bathrooms & flooring. The upgraded kitchen features cherry colored cabinets, granite countertops, stainless steel appliances & well appointed stone accents. Specious living room area opens to a delightful private patio area, an entertaining retreat highlighted with BBQ island, open views to the lake, city lights & direct access to a greenbelt. Additional amenities include a 2 car carport parking directly in…

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What’s Happening with Foreclosures?

Media headlines can be incredibly confusing right now, especially regarding what’s happening with foreclosures. 

In today’s market, you must understand what’s going on and can bring clarity to discussions with your clients as an educated agent. 

Watch Kate Rezabek, KCM’s Vice President of Research and Content Strategy, as she goes over what the data says and why we won’t see a wave of foreclosures coming to the market. 

Watch it now  to ensure you can accurately answer client questions and calm any fears in the wake of these headlines. 

Contact The Aaronson Group for all of your housing needs and real estate questions. 

Call:  949-388-5194 or email: info@previewochomes.com

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In Escrow! Private & Quiet Location with Lake & City Lights in the Beautiful Community of Lakeside Park

Private & quiet location with lake & city lights in the beautiful community of Lakeside Park in the tranquil city of Lake Forest. This spacious 3 bedroom, 2 and a half bath sizable condominium is the perfect family home. Remodeled just a few years ago with designers touches like farmers door in master bedroom's closet, custom cabinets throughout bathrooms & flooring. The upgraded kitchen features cherry colored cabinets, granite countertops, stainless steel appliances & well appointed stone accents. Specious living room area opens to a delightful private patio area, an entertaining retreat highlighted with BBQ island, open views to the lake, city lights & direct access to a greenbelt. Additional amenities include a 2 car carport parking directly in…

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Just Listed! Charming Spanish Architecture Home Nestled in a Secluded Gated Community!

Enjoy extravagant living indoors and out from this beautiful pride of ownership single level home nestled in the secluded Capistrano de Oro highly desired gated community. Located within very close proximity to the prestigious St. Margaret school, this light and bright open floor plan has been tastefully upgraded from top to bottom. The elegant spacious living room & family rooms feature raised ceilings, & new laminate flooring perfectly contrasting with paint in today's colors. The expansive freshly remodeled gourmet kitchen is finely appointed with high quality granite countertops & contrast backsplash, loads of cabinetry, & newer stainless appliances. The spacious primary bedroom suite features an upgraded bath with large shower, plenty of wardrobe…

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What's Really Happening with Home Prices? {INFOGRAPHIC}

• If you're considering selling your house, recent headlines about home prices falling month-over-month may have you second-guessing your decision—but perspective matters.
• While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally annually. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
• Reach out to The Aaronson Group  to find out how much equity you have in your current home and how you can use it to fuel your next purchase.

          Call:  949-388-5194 or email: info@previewochomes.com

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