Sometimes it is a great idea to step away from the

noise swirling around housing and focus on the trends.

Top 5 Housing Trends: With five months of the year in the rear view mirror, there are crystal clear trends in 2019.

Everybody seems to have an opinion about the direction of the housing market. “Up!” “Down!” “The housing run has peaked!” “I’m going to wait for values to come crashing down.” In the end, there is way too much noise that is not rooted in facts, ignoring the data. It is time to step aside from the commotion and look at the trends that have surfaced in 2019.

 

Here’s a breakdown of the “Top 5” current Orange County housing trends:

 

1.      There are a lot more homes on the market. In fact, this is the highest

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Prospective buyers and sellers constantly ask when is it the right time to buy or sell. It is now.

THE Right Time: With low interest rates and a surge in demand, it is a good time for both buyers and sellers to make a move.

When is “the” best time to make a move? For prospective buyers and sellers, the current housing conditions and trends point to NOW. How can it be both an excellent time to buy and sell at the very same time? For buyers, it is all about interest rates. For sellers, it is all about top dollar and cashing in on this year’s consistent, growing demand. 

At the end of 2018, prognosticators, economic experts, and major financial institutions were all forecasting interest rates anywhere from 5.25% to 6% in 2019. That seemed more

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The window of opportunity to take advantage of the Summer Market is already beginning to close.

Summer is here! It is the season of longer days, plenty of Southern California sunshine, beckoning, sandy beaches, and refreshing dips in the pool. With summer comes all of its distractions. There are also family vacations, Disneyland, California Adventure, Knott’s Berry Farm, Magic Mountain, LEGOLAND, Raging Waters, the Discovery Science Center, Sea World, and the San Diego Zoo.

The best time of the year to sell a home, the Spring Market, is officially in the rearview mirror. It is now the Summer Market, the second best time of the year to sell a home. For some, buying a home takes a back seat to all of the family fun. Many will still purchase, but

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Every year it is the same thing. Multiple open house directional arrows are scattered on the corners of busy intersections. More and more FOR SALE signs are popping up in neighborhoods. There are not quite as many buyer showings as there were only a few weeks ago. The word from the real estate trenches is that it is not as busy and homes are not flying off the shelves as they did before. Sellers are growing concerned. What is going on? Why the sudden shift? It is called SUMMER.

The Summer Market begins with the completion of the school year. It is the season of end of the year school concerts, theatrical plays, AP testing, and final exams. It is the season of caps and gowns, commencement speeches, diplomas, and graduations parties. College kids

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Trends are developing which demonstrate that the six-year housing run is beginning to cool.

Headlines are the same across the country: there are not enough homes on the market and buyers are having an extremely difficult time finding a home It has been a supply and demand issue for more than six years now, dating back to 2012. The story has not changed much for quite some time; that is, until now.

Now that a third of the year is in the rearview mirror, noticeable cracks have appeared that illustrate a cooling market. It is not as if housing has suddenly tilted in favor of buyers. No, there are still multiple offers and plenty of homes flying off the market and into escrow just moments after the FOR SALE sign is pounded into the front yard.

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507 Via El Risco, San Clemente CA 92673

It doesn't get better than this home in the San Rafael neighborhood in Talega. Need we say more? See features and Virtual Tour below.

• Custom cabinetry and built-ins throughout
• Custom staircase and railings
• Custom courtyard and driveway
• Italian travertine throughout entire first floor, with cedar wood upstairs
• Custom backyard/pool with home theatre audio/video
• Family room home theatre
• Custom garage with cabinetry, workbench, and flooring
• Garage enabled with electric hook-up for Tesla, Prius, etc.
• Tank-less water heater for endless hot water
• Custom salt water pool with solar heating, sheer descents
• Custom iron front door
• Custom closets
• Custom MBR bath and shower with jacuzzi

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507 Via El Risco, San Clemente CA 92673

It doesn't get better than this home. Need we say more? See features and Virtual Tour below.

• Custom cabinetry and built-ins throughout
• Custom staircase and railings
• Custom courtyard and driveway
• Italian travertine throughout entire first floor, with cedar wood upstairs
• Custom backyard/pool with home theatre audio/video
• Family room home theatre
• Custom garage with cabinetry, workbench, and flooring
• Garage enabled with electric hook-up for Tesla, Prius, etc.
• Tank-less water heater for endless hot water
• Custom salt water pool with solar heating, sheer descents
• Custom iron front door
• Custom closets
• Custom MBR bath and shower with jacuzzi bath
• “Golf-ball free” view of fairways and 18th tee

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Get ready for an another day of entire day of fun! The city of San Clemente will once again play host to a great family-friendly event! The San Clemente Fiesta Street Festival will be held Sunday, August 10, 2014, in the beautiful downtown area of San Clemente on picturesque Ave. Del Mar. This San Clemente event will be hosted once again by The San Clemente Chamber of Commerce and features a variety of activities for visitors and fun for the entire family. This San Clemente event will take place from 9am-6pm and will be a day you won’t forget!

The San Clemente Fiesta Street Festival will have all kinds of exciting things to do and fun for all ages: food and game booths, three stages with live music, contests, a Salsa Challenge, Arts & Crafts show, kids

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The 15th Annual Beach Concert Series is once again “Bringing the Bands to the Sand"!


Each summer, the city of San Clemente recreation department hosts the Summer Beach Concert Series. Bring a blanket or chairs, picnic and some shades. Concerts start at 6pm and are located between Marine Safety HQ and the Municipal Pier. Food, provided by The Fisherman's Restaruant, has been available in the past concerts for purchase at $8 a meal offering chicken, barbeque ribs, baked beans, oriental salad, sourdough bread and a drink.

2014 SAN CLEMENTE SUMMER BEACH CONCERT DATES

The San Clemente summer beach concerts start at 6:00 p.m and are held on the beach, north of the San Clemente Pier (map). These are great events for the whole family to enjoy. So, invite

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ADVICE FOR BUYERS

Expect fixed rates to rise gradually during the second half of the year, ending the year at about 4.4 percent, predicts Freddie Mac. Summertime is the busiest time of year for housing, a and with lower mortgage rates buyers should be tempted to lock in their rates and choose a home. Don’t wait for prices to fall; homes are very affordable by historical standards and prices are more likely to reach historical highs than lows.

ADVICE FOR SELLERS

Sellers looking for the 20 percent price hikes of 2013 are going to be disappointed. Homes are less affordable, there’s more competition due to higher inventories and investors have left the field to buyers who intend to occupy their homes. Take advantage of recent dips in mortgage interest…