As you can see from the data above, real estate prices have been on the rise in Orange county for the last year. There are however many signs that this housing market has moved from a sellers market to a much more balanced market for buyers and sellers. The pandemonium is gone, however we are still seeing good numbers combined with low interest rates. As you can see with real estate in Newport Beach and most cities you can expect home prices to be on the rise for the foreseeable future. What's the basic rule of economics, low supply equals higher demand? And in this real estate market we have had a slight increase in supply. If you are thinking of buying a home, this might be the lull that you have been waiting for.
Selling a home can sometimes be complicated, and when it involves extended family, it's always complicated. This was the case with the home our family put up for sale in the Los Angeles area. Once Dave was involved as our realtor, however, our experience became over the top excellent. He made sure to be in contact with us daily, and gave us advice on everything from an appropriate list price to how to stage the home to what offers to accept from potential buyers-and everything else in between. Plus, he made sure to keep all extended family in the loop and was always reachable any time day or night. I can speak for all of my family when I say that once he came on board as our realtor, everything went so much smoother. Dave and Coastal Real Estate are the smartest, most effective real estate group out there. Whether you live in Los Angeles like I do, or anywhere in Southern California, use them to help sell your home. -Jennifer M