ORANGE COUNTY HOUSING REPORT MARCH 2019

The Spring Market: The best conditions to sell a home are right now. It is that time of the year again. The hills are a dazzling green. Trees are beginning to bud new leaves. Flowers are opening their petals for the first time. Hummingbirds are feeding on the sweet nectar from birds-of-paradise. The season is changing and so is the housing market.

The Federal Reserve announced recently that they will not be raising rates this year as they had previously indicated. These comments as well as other economic factors have caused mortgage rates to start dropping. When rates drop buying power goes up, which shows how sensitive the market is to rates right now. 

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