Tag Archives: Coastal Orange County

Ask the Experts: Will Home Prices Fall as Mortgage Rates Rise?

A.    All indicators suggest that home prices will not fall as mortgage rates climb through the end of this year, it’s the law of supply and demand that is driving increasing home prices. The best time to sell  anything is when demand is high, and supply is low. As the number of homes for sale increases and home value appreciation slows, we expect the market to meaningfully swing in favor of    buyers within the next two to three years Real Estate is a cyclical market– it’s  interesting to watch the dynamics of the market. What we see is prices rise, home sales slow down, prices weaken and home sales pick back up. It’s the way a housing market is supposed to behave in a normal  environment. But it’s been so long since we’ve seen a normal environment that we forget how it’s  supposed to work.  Mortgage  interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an  additional half of a point by year’s end. Because of this increase in rates, you are guessing that home prices will  depreciate. Let’s take a look at the data.  

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CONSIDERING SELLING YOUR HOME? THIS SUMMER REAL ESTATE MARKET IS HOT!

The best time to sell  anything is when  demand is high, and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs and you are looking to step into a  luxury home or downsize, now’s the time to list your house for sale and make your dreams come true. Call me today  714.343.9294 and  visit stovallteam.com        

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What Buyers Want

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Empty Nesters: Best To Remodel Or Time To Sell?

Your children have finally moved out and you and your spouse now live alone in a four-bedroom ranch (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home Based on the record of dollars spent on…

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Homeowners: Do You Know Your Home’s Value?

Do you know what your house is worth? Have you stayed put because you are nervous you won’t have enough equity to buy your dream home? Meet with the Stovall Team and we will perform an equity analysis and give you the freedom to achieve your dreams.

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Happy Father’s Day

Super Dad, Happy Father’s Day, Stovall Team, Westminster, Huntington Beach, Real Estate, Coastal Orange County, Costa Mesa, Costa Mesa Real Estate, Cypress, Cypress Real Estate, Fountain Valley, fountain valley real estate, Garden Grove, Garden Grove Real, Long Beach Real Estate, Micah Stovall, Real Estate, Steve Stovall, Stovall Team, What Gen X Wants

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