This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers.

You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings.

Here are the latest housing happenings in OC. This video shows month-over-month changes for several OC cities and communities. Don't see your area or have questions about the market activity data? 📈 📉 ? Reach out and we'll share the info with you.

Call / Text 949.482.0073 or send me a DM 📩 on IG or FB @RealKKNagel.

As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal.

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals.

Orange 🍊 County active listing inventory decreased 📉 by 96 homes, down 3%, and now sits at 3,581, its lowest level since June.

What does a recession mean for the housing market? Let’s see what history tells us…

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. ¹

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last.

There are many consequences to sky-high rates📈. Orange County buyer demand has dropped to ultra-low levels. Let’s take a look at what specifically happening in these areas of OC…

Nationally, while buyer demand has moderated because of higher mortgage rates and kids back in school, it’s still a seller’s market.

Locally, in 🍊Orange County…

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete data to show why this is nothing like the last time.

Even though list prices are cooling, sold prices remain relatively flat. Although inventory is increasing, there are still more buyers than homes available. Let’s take a look at what’s happening locally here in 🍊Orange County.

The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place.

Fortunately, you don’t have to do everything in a day. You don’t have to do it all alone, either.

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate.

Nationally there’s a lot of talk about a shift in the housing market. Let’s take a look at what’s happening locally here in Orange County.

Here’s the market activity for the end of the second quarter…

There's the old way of marketing a home for sale and there's the right way. This video gives tips and tricks to promote a home, in this housing market.

No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all sellers want to make the most money possible.

Whatever your circumstances, the road to the closing table can be riddled with obstacles…

Thinking about selling your home? Thinking about buying a home or investment property? To do it right, you'll need an ally. This video gives tips and tricks to find your best Realtor partner.