How Interest Rates Impact Orange County




Although interest rates increased a quarter of a percentage, we predict 2016 may be a carbon copy of 2015. It all depends on the Federal Reserve since they’ve recently announced they’re doing away with historically-low interest rates. This is the first increase in nine years!

 Additionally, the Fed hinted at more increases in 2016. It could be as many as three or four. Long-term mortgage rates are not immediately impacted by changes in short-term rate. However, multiple increases will deeply impact the Orange County housing market.


 Like last year, buyers will be lining up to take advantage of the end of the low rates. The Fed will most likely make changes after the busiest real estate season of the year. We expect the seller's market we’re experiencing now will shift towards a more price-oriented market during the second half of the year. Pricing will be crucial for sellers later on this year.

 If you’re thinking about buying or selling a home, send me an email today! I am happy to serve your real estate needs.
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Location: Orange County, CA, USA

Tips for Holiday Decorating on a Budget




The holidays are approaching. Today, we thought we'd do something a little different and share this festive video on holiday decorating tips from HGTV. Designer Angelo Surmelis shares several great ideas to spread holiday cheer throughout the home. Here are some of our favorites.


  1. Pay attention to the mantle. If you don't have some already, buy some kind of garland to drape over the mantle. Next, use leftover ornaments and candles to add light and texture. When choosing ornaments and candles, ensure they are in the same color-palette. This helps make your mantle a great focal point!
  2. Use smaller Christmas trees. Every house has their main Christmas tree. In addition, you can also purchase smaller, inexpensive, eco-friendly trees to place throughout the home. Decorate these trees with strips of fabric from a T-shirt in holiday colors to save money for the main tree.
  3. Use what you have. Be resourceful. Adding a plate charge and place mat to your everyday dining set adds some jazz to your table. Fresh-cut flowers and candles will help finish the look. You don't need grand, expensive candles -- a little candlelight goes a long way!

As you can see, it doesn't take much to make your home feel more festive. If you have any questions, give us a call or send us an email. We would be happy to help you!
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Location: Orange County, CA, USA

What’s Your Home’s True Value?




Nationally, the real estate market excels. Home prices increased in every region since last year. According to CoreLogic, 91 percent of all mortgaged properties are now in a positive equity position. Although this is great news for homeowners, many homeowners may not realize their equity position changed.

 A recent Fannie Mae study suggests many homeowners are unaware of their equity changes. The study reveals 23 percent of Americans believe they’re in negative equity, even though only 9 percent are actually in negative equity. Additionally, 37 percent believed they have more than 20 percent equity while 69 percent actually do! Thus, 32 percent of Americans with a mortgage fail to recognize a great opportunity.


 With a sizeable equity position, many homeowners can easily move into a housing situation that benefits their current needs. For instance, they could move into a larger home or downsize.

 Every homeowner should be aware of the true equity in their house. Be aware of the opportunities that come with excellent equity. If you’re unsure about the savings in your property, contact a real estate professional to obtain that number. You could be shocked!

 If you’d like specific home prices for your area or would like an estimate on your home, please reach out to us. We would love to hear from you!
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Location: Orange County, CA, USA
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