Market Updates

Been awhile since I wrote. Such a busy market for me. Great time to buy. Prices have come down a lot to make it very affordable for consumers to buy. Many first time home buyers who have been on the fence are getting into homes and payments are very comfortable. Very close to renting. In Garden Grove alone, 89 SFRs went into escrow within 1 month. There's definitely demand in the market. News still making it seem like a bad market but the same negative news has been published everyday for the last 5 or 6 years in Real Estate. Ultimately, if you renting and buying make sense and the payment is comfortable.....there's no reason not to buy. Rates are still historically low and FHA is making it doable to obtain a loan without 20% down. There's no down market here. My prediction, 1.5 year turn around in the market.