Spring is almost here and Buyer demand continues despite inflation concerns and mortgage rate fluctuations. Limited inventory in target areas fuel multiple offers and often over asking price sales. (And this was during the sleepy November 2022 to January 2023 window when most Buyers are usually still in Holiday mode. Despite rates trending upwards, Buyers still find themselves in bidding wars despite fears that the market is slowing, flattening or declining. That may be the case in other parts of the US, but not so much in sunny Southern California when forced sellers are putting their homes up for sale after 50+ years and prospective Buyers need to transition to that particular school district or make a change before summer vacation. Best piece of advice is to shop rates, set expectations and familiarize yourself with your local, target market. Whether the market is up or down, desirable properties that check all your boxes will be competitive. Focus on your numbers, on criteria that you can't change and disregard those that claim to have a crystal ball. If they're that clairvoyant, there would be a ton of Powerball winners everywhere.
Question for the Orange County inquirers, would it be more helpful for us to establish a separate OC Real Estate Rebate platform? Those savvy enough to do a bit of research have found their way to our services, but as more Buyers seek more value for their dollar, we're fielding more interest from those looking to switch up counties.
We'd love to hear from you and are always interested in connecting online or off!
Good luck everyone!
LA Real Estate Rebate
OC Orange County Real Estate Rebate?
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