Preview Orange County Real Estate Blog

The Future of Home Price Appreciation and What it Means for You

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. 

However, experts say the market is totally different today. For example, Odeta Kushi, deputy chief economist at First American, tweeted just last week on this issue: 

“. . . We do need price appreciation to slow today (it’s not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a much different & safer space: better credit quality, low DTI [debt-to-income] & tons of equity. Hence, a crash in prices is very…

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The Biggest Questions Clients are Asking This Spring

Buckle up. This spring market is going to be a busy one.  Homes are selling fast, and inventory just can’t keep up with the demand.  But there are still some big questions surrounding the housing market right now holding back a lot of buyers and sellers.  

Will we see more inventory this spring? 

For the last number of decades, the real estate market has been broken down into seasons with spring reigning as the best time to sell a home. Traditionally, that’s how it’s been. But there’s a big shift happening now.  Recent years have seen that seasonality blur as more and more people decide to buy or sell a home no matter what time of year it is.  What we do know is that while we’ll probably see more homes hit the market this spring,…

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What You Can Expect From The Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first-rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune. 

Here’s a look at what experts say you can expect this spring. 

1. Mortgage Rates Will Climb 

Freddie Mac reports the 30-year fixed mortgage rate has increased by more than a full point in the past six months. And despite some mild fluctuation in recent weeks, experts believe rates will continue to edge up over the next 90 days. As Freddie…

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Proof That We Are Not In A Housing Bubble

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different from what it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. 

1. Houses Are Not Unaffordable Like They Were During the Housing Boom 

The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Conventional lending standards say a purchaser should not spend more than 28% of their gross income on their mortgage payment. 

Fifteen years ago,…

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For Lease! Beautiful Ocean View Home in Emerald Bay

The Aaronson Group has listed for rent 814 Emerald Bay, Laguna Beach, Orange County, California, for $28,000/month. (MLS® #OC22011126  )

Spring/summer vacation in Emerald Bay! Weekly rental available at $7000/week, summer $9,000/week, or 28-30k/month. Enjoy emerald bay living at its finest! Revel in 200-degree ocean, white water, and Catalina Island views from this desirable emerald bay elevated corner lot home. This mid-century modern home features 4 bedrooms including a main floor master with 3 full baths plus a powder room and a huge ocean view living room with a massive restoration hardware cloud sectional that you can sink into after a day at the beach. Listen to the waves crash at night in the master bedroom that features a plush king bed…

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SOLD-The Jewel of Beach Road Oceanfront Property in Dana Point

The Jewel of Beach Road! Situated on the sand in renowned Capistrano Beach in Dana Point! 24 Hr Guard Gated community. Yes, here we actually own the sandy beach! TURN KEY, all furnishings/linens, and housewares included! Superbly crafted Cape Cod w/ hardwood floors thru-out. Extensive granite & marble. Custom designed inside and out. All bedrooms en suite complete w/ walk-in closets & private baths. Huge center island kitchen w/ extensive walk-in pantry, sub-zero, double ovens, and cooks station. Great room wrapped with windows featuring the sandy beach, white water coastal views, and custom-crafted wood entertainment center and oversized fireplace hearth! The sand decking 37' ft deep (ENORMOUS!)includes logia with fans and a conversational fire pit.…

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In Escrow! Single Level Upgraded Home In The Sought-After Section Of Corona Highlands

 Nestled alongside Pelican Hill Resort Golf Course, this single-level upgraded home is prominently positioned in the sought-after section of Corona Highlands. A nearly 10,000 sq. ft. flat lot presents opportunities to expand, build a dream home, or enjoy the charming home while planning for the future. Entering through the welcoming front porch with a dutch door, the spacious light & bright living room/great room features original finished hardwood flooring, an elegant fireplace, & french doors leading to the entertainer's deck & rear grounds beyond. The finely appointed kitchen boasts exquisite marble counters, Shaws farmhouse sink, & Viking stove w/hood.

The primary bedroom includes custom built-ins & french doors flowing to the expansive deck.…

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SOLD! Land in Enclave of Prestigious Peppertree Bend in San Juan Capistrano

The Aaronson Group has sold LAND ONLY at 31721 Peppertree Bend, San Juan Capistrano, Orange County, California, for $1,435,000. (MLS® #OC21185309)

One of the last remaining view homesites in the prestigious enclave of Peppertree Bend.  This 1.2-acre home site offers a variety of possibilities boasting breathtaking panoramic ocean, hillside & city views.  Approved plans for A 4500 sq. Ft. are included by renowned architect James Glover, featuring A sophisticated design optimizing the expansive grounds & views.  Enjoy indoor/outdoor living at its finest accentuated by a stunning infinity pool. Other highlights include a private driveway, stunning landscape & a sought-after 4 car garage.   Near every imaginable amenity, Peppertree Bend is minutes to…

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Want Top Dollar For Your House? Now Is The Time To List!

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list. 

1. Demand is very strong this winter 

A recent article in news explains: 

“Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists... ‘Home shopping season appears to already be in full swing!’” 

And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data released last week by Showing Time.…

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Just Listed-Single Level Upgraded Home In The Sought-After Section Of Corona Highlands

 Nestled alongside Pelican Hill Resort Golf Course, this single-level upgraded home is prominently positioned in the sought-after section of Corona Highlands. A nearly 10,000 sq. ft. flat lot presents opportunities to expand, build a dream home, or enjoy the charming home while planning for the future. Entering through the welcoming front porch with a dutch door, the spacious light & bright living room/great room features original finished hardwood flooring, an elegant fireplace, & french doors leading to the entertainer's deck & rear grounds beyond. The finely appointed kitchen boasts exquisite marble counters, Shaws farmhouse sink, & Viking stove w/hood.

The primary bedroom includes custom built-ins & french doors flowing to the expansive deck.…

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