Your REALTOR For Life!
Teresa Karam
| Real Estate Consultant
Your REALTOR For Life!
By Teresa Karam | General
For homes priced below $750,000, the market is a hot Seller’s Market (less than 60 days) with an expected market time of 56 days. This range represents 38% of the active inventory and 57% of demand. For homes priced between $750,000 and $1 million, the expected market time is 70 days, a slight Seller’s Market…. Continued
November 3, 2019
By Teresa Karam | General
Orange County Housing Market Summary: The active listing inventory increased by 66 homes in the past two weeks, up 1%, and now totals 7,479, the highest level since September 2014. Last year, there were 5,874 homes on the market, 1,605 fewer than today. There are 27% more homes than last year. Demand, the number… Continued
June 6, 2019
By Teresa Karam | General
Owners can often conserve more money once housing costs and living necessities are all covered. However, a new study shows those who rent can barely get by in some cities. PropertyShark and RentCafe teamed up for a study on discretionary income and analyzed the top 50 largest cities where an owner or a renter can… Continued
August 1, 2018
By Teresa Karam | General
Orange County Housing Report: A Balanced Market Orange County housing is moving away from a Seller’s Market to a Balanced Market. A Balanced Market: With demand continuing to drop to levels not seen in over a decade, housing is rapidly evolving into a Balanced Market. The housing market has favored sellers for years now. That… Continued
July 31, 2018