It's been a wild October in the housing market, interest rates are driving the market as well as the headlines in the news. The media is making it sound like the sky is falling and another 2008 is just around the corner, but is it? As always, let's look at the ACTUAL data in Orange County so you can have some clarity among all the chaos. In this monthly update we are going to look at:

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1) What supply and demand are doing

2) What interest rates are doing as well as when and why they might go down

3) What does all this mean for the housing market in OC for the remainder of the year

4) My best advice for both buyers and sellers in TODAY'S market

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

Is one of your goals to buy a home in the next 12 months? Then this episode is for you. Today I interview Dino Katsiametis from CA Coastal Loans and we discuss a bunch of different topics including ways buyers can reduce the interest rate by up to 3% on their next mortgage as well as a brand new program he is rolling out starting today that will help a lot of buyers with a portion of the closing costs/downpayment on their next home. Want to know if you qualify? Watch the episode to find out now!

Want to find out more? You can contact him at:

Dino Katsiametis

https://www.cacoastalloans.com

949.720.1616

BRE#: 01244052

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

Home buyers! Don't let a hacker steal your down payment, make sure you take the proper steps to keep yourself and your money safe in today's increasingly digital world. Mortgage wire fraud is on the rise and is predicted to double in the next few years. One of the biggest mistakes a home buyer can make is accidentally transferring their downpayment to an account created by a hacker. When this happens, it going to be extremely difficult to trace the money and get it back and the buyer could lose everything. Don't become a statistic, make sure you, your agent, and your escrow company are taking the proper steps to keep your hard earned money safe.

Sign up for my weekly Orange County Real Estate Updates: https://vid.us/70npzs

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

Is it a goal of yours to buy a home in the next 12 months? Upset you missed out on the historically low interest rates over the last two years? What if I told you there is a way you might be able to still get those low mortgage rates when you purchase a home RIGHT NOW? You might have heard of assumable loans and didn’t quite know what they were or how they work. In this episode, I am going to go over everything you need to know about what they are, how to qualify for them, the pros, cons, and some best practices if you are thinking of buying or selling a home using an assumable loan to lock in the lowest interest rate you can when buying a home in TODAY’S market.

Sign up for my weekly Orange County Real Estate Updates: https://vid.us/70npzs

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Schedule a time to talk - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

Mortgage interest rates are the highest they've been in 20 years, making homes unaffordable for many buyers. Let's take a look at the top 5 ways to get the best mortgage rate possible as we finish out 2022 so you can still enter the market today and take advantage of the best market buyers have seen in years.

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

As we head into October and get closer to Halloween, the Orange County housing market forecast seems to be getting scarier by the day. Right now there are so many headlines out there that are often contradicting each other it makes it really hard to make sense of what is actually happening here in our local market. As always, let's take away the headlines and actually look at what the data shows in my Orange County Housing Market forecast for October 2022.

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

When being jolted from the hottest seller's market we have ever seen to a market that is more in balance in such a short period of time, one of the biggest mistakes to avoid when selling a house in the next 12 months is going to be hiring an agent that doesn't understand how to property market a home and who doesn't use data to better understand what the market is doing. Things are shifting so quickly that those who don't have a good fundamental understand on what drives the housing market and aren't familiar with the effort it takes to market a home in a much more competitive environment are going to frustrate a lot of home sellers over the next year. Don't be one of these sellers, make sure you use the strategies outlined in this video to make sure you are picking a competent agent who will not only get your home sold quick but for top dollar as well.

10-step process to sell your home: https://vid.us/rlkma2

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

If you haven't heard the term mortgage rate lockdown yet, get ready to start hearing about it soon. Conditions are unfortunately perfect for this to happen in today's housing market. When we come from a period of extremely low interest rates and it's followed by a rapid increase in rates, it makes it extremely difficult for a lot of homeowner to move because mortgage payments, even for the same priced home, can be ridiculously higher if they locked in a low rate during the last two years. What will this do to the housing market? In the short term, it actually helps stabilize the market because as demand drops to historic lows inventory will dry up as well. So when a decrease in demand is met with a decrease in supply, you're not going to see any major shifts in home prices. So don't expect any major shifts this Fall in the Orange County housing market.

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

What comes with a house when it's sold, and maybe more importantly what are the sellers allowed to take with them when they sell their home? Luckily for Californians, the home purchase contract makes most of this crystal clear and even though there are still a few grey areas, they can be cleared up quickly with the correct wording when making an offer on a home. This episode goes over what the purchase contract says is included and excluded from a standard sale which is extremely important to know ahead of time before trying to buy OR sell a home.

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad

What will happen this Fall in the Orange County housing market? With how fast the housing market is changing it's impossible to predict with 100% accuracy. Will we see prices fall? What should sellers and buyers expect? Let's look at the data and some of the normal trends we see around the Orange County housing market this time of year to get a realistic idea of what you can expect to happen and some advice for both buyers and sellers on how to best navigate the housing market over the next few months.

Josh Alexander

THE brokeredge

714.366.2186

DRE#:01974435

Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP

Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx

Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf

Want to schedule a time to talk? - calendly.com/joshalexanderrealestate

Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/

Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/

Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/

LinkTree: https://linktr.ee/joshtherealestatedad