The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.

There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start.

What an incredible night at the @FirstTeam Hall of Fame Awards! 🏆 We are beyond proud of our team’s success in serving our clients with excellence.

Mortgage Pre-Approval, What You Need to Know:

Thinking about buying a home? The first & most crucial step in your home-buying journey is getting pre-approved for a mortgage!

We're thrilled that FirstTeam has once again claimed the top spot as the #1 brokerage in OC for units sold

One of the main benefits of putting your house in a trust is to bypass probate when a property owner passes. But did you know when a trustee passes, the successor trustee must file an affidavit of death within 150 days or face potential tax implications?⁣

JUST SOLD our client's beautiful beachfront home in Sunset Beach 🤍 Congratulations to our sellers & a warm welcome to the neighborhood to the new owners! 🏠🌅⁣

Thrilled to announce the successful closing of escrow on our stunning waterfront listing in Huntington Harbour! 🏡✨ Proud to have represented the sellers in achieving the 2nd highest sale in the prestigious Seagate Community🛥️⁣⁣

If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these waters.

📍LOCATION LOCATION LOCATION📍This exquisite waterfront residence is located on one of the best main channel premiere point locations in coveted Huntington Harbour with approximately 108ft of stunning water frontage & boat dock for your large yacht, offshore racer, and/or Duffy.⁣

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold.

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.

The recent pullback in mortgage rates is great news – but if you’re ready to buy now, holding out for 3% is a mistake.

Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. Follow these five steps to assess your priorities, streamline your search, and choose your next home with confidence.

Buying a home is a big decision, but it doesn’t have to be a scary one. If you arm yourself with knowledge and a qualified team of support professionals, you’ll be well equipped to make the right choices for your family and financial future

Even with ultra-low demand, the Orange County housing market lines up in favor of sellers due to the persistent lack of supply.

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.

Many buyers are looking for a deal or waiting for the housing market to crash before they purchase, but that is not going to happen anytime on the horizon. The insane, instantaneous housing market may be gone, yet with an Expected Market Time of 67 days, Orange County is still a Slight Seller’s Market.