The Sizzling Summer Real Estate Market Is About to Fizzle Out

Looking to buy or sell a home in Orange County? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at 949-391-3141 for a FREE home buying or selling consultation to answer any of your real estate questions.

The summer sizzle is about to become the summer fizzle. 

Why? Right now, we have over 7,000 homes on the market, which is the highest inventory has been all year. Rising inventory is a sure sign that the market is slowing down. 

Secondly, kids are going back to school in mid-August, which is earlier than they have started school in many years. If you’re buying a home, this means you want to be in your new home sometime in July. At the very least, you want to be in escrow in July because it takes 30 to 45 days to close on the property and you’ve got to be settled for school. 


In other words, buying decisions are going to be cut short this year. If you’re selling a home, you need to list your property now. Give me a call or send me an email with any questions. I would be happy to help you!

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Zen's Latest Orange County Housing Market Update
(see the latest sales statistics for every city in O.C.)

How Much Do You Need to Buy a Home?

Looking to buy or sell a home in Orange County? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at 949-391-3141 for a FREE home buying or selling consultation to answer any of your real estate questions.

Many people think they need a lot of money to buy a home. That’s not the case!

In fact, you can get into a home without a down payment in California! If you’re currently active in the military or you’re a veteran, there’s a great VA loan program with the U.S. Department of Veterans Affairs. I’m also a certified military specialist who can walk you through this process.

"You can get into a home without a single down payment in California!"

Secondly, the government offers an FHA program. It requires 3.5% down. For instance, if you’re buying a $500,000 home, you’ll need less than $20,000 as a down payment.

Next, there are conventional loans. There’s a misconception out there that you need 20% down for them. However, you can obtain a conventional loan with as little as 5% down, depending on your loan limit.

Additionally, there’s the 80-10-10 program. I really admire this one. With this loan, you won’t have any mortgage insurance to pay.

With that being said, reach our office to discuss your options with a professional. If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email. I’d be happy to answer your questions about this topic and more!

Why Would Someone Want a Private Home Sale?

Looking to buy or sell a home in Orange County? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at 949-391-3141 for a FREE home buying or selling consultation to answer any of your real estate questions.

Even if you’re not a real estate agent, you may have heard the term pocket listing before, but what does it mean?

A pocket listing is when a seller approaches a real estate agent and tells them they want to list a home for sale, but they don’t want to put it online, the MLS, or out in public at all. Why would a seller not want a public home sale?

"Pocket listings are a hidden gem."

There are 2 main reasons:

1. They might not be motivated to sell.

A lot of times, pocket listings come from homeowners who don’t want to go through the hassle of putting their home on the MLS and dealing with a ton of showings. They just want buyers who they know are going to buy.

2. They want their privacy.

The person selling the home may be a celebrity or public figure, and want their privacy. It would then be their agent’s job to let other buyers and agents know that the home was available.

If you have any questions for us about pocket listings or anything else real estate related, give us a call or send us an email. We look forward to speaking with you!