Myths About the 2024 Housing Market [INFOGRAPHIC]
The Aaronson Group Blog
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4d ago
When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments.  Lean on The Aaronson Group to help separate fact from fiction in today’s housing market. Expert advice from The Aaronson Group is priceless.  Contact The Aaronson Group. Call 949-388-5194  Email: info@previewochomes.com   ..read more
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Top 5 Reasons To Hire an Agent When Buying a Home [INFOGRAPHIC]
The Aaronson Group Blog
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1w ago
  Hiring The Aaronson Group when buying a home helps you understand the buying process and the local market.  We also go over contracts and fine print with you, so you understand what you're agreeing to. Plus, we're good at negotiating, making sure you get the best deal.  Expert advice from The Aaronson Group is priceless.  Contact The Aaronson Group. Call 949-388-5194  Email: info@previewochomes.com   ..read more
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What’s the Latest with Mortgage Rates?
The Aaronson Group Blog
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1M ago
Recent headlines may leave you wondering what's next for mortgage rates. You may have previously heard there would be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. Cutting or lowering the Fed Funds Rate doesn't directly determine mortgage rates but tends to impact them. But when the Fed met last week, a cut didn't happen — at least, not yet. The Fed considered many factors in its recent decision, and most of them are complex. But you don't need to be bogged down by those finer details. What you want is the ans ..read more
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Price Adjustment Exceptional Ocean Front Property on Beach Road in Dana Point
The Aaronson Group Blog
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1M ago
  This exceptional home offers a heightened beachfront living experience, situated in a 24-hour guard gated community with direct ownership of the beach up to the medium high tide line. Constructed on caissons, the sophisticated and stylish ambiance of the home is evident both inside and out, with new elegant lighting throughout, custom wrought iron railings, frameless glass balcony/deck railings, fresh interior & exterior paint, and exquisite marble walls in the family and primary rooms. The chef's remodeled kitchen is a culinary enthusiast's dream, equipped with high-end appliances ..read more
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What Are Experts Saying About the Spring Housing Market?
The Aaronson Group Blog
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1M ago
  If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season.  Odeta Kushi, Deputy Chief Economist, First American:  “. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.”  Lisa Sturtevant, Chief E ..read more
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The Benefits of Downsizing When You Retire
The Aaronson Group Blog
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1M ago
If you’re looking at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.  When you think about cutting down on your spending, the odds are that you will feel like making frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares: “A smaller home typically means lower bills and less upkeep. Then there’s the potential ..read more
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The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]
The Aaronson Group Blog
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1M ago
Wondering if now’s a good time to sell your house? Based on how many homes are on the market, there are two big reasons why this spring is looking so good for sellers.  Thanks to an uptick in inventory over the last year, you’ve got more options for your next home. But there are still fewer homes for sale than there’d normally be, meaning your house should stand out and get a lot of attention from buyers.  If you want to sell your house, this spring is the sweet spot. When you’re ready, chat with The Aaronson Group to get the ball rol ..read more
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Why Today’s Housing Supply Is a Sweet Spot for Sellers
The Aaronson Group Blog
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1M ago
Does selling your house right now make sense? The short answer is yes. And if you look at the current number of homes for sale, you'll see two reasons. An article from Calculated Risk shows there are 15.6 more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the previous typical year in the housing market, there are nearly 40 fewer homes available now: Here's a breakdown of how this benefits you when you sell: 1. You have more options for your move Are you considering selling because your current house is too big or small or bec ..read more
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The Dramatic Impact of Homeownership on Net Worth
The Aaronson Group Blog
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2M ago
If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to decide. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares the net worth of homeowners and renters. The latest report shows the average homeowner's net worth is almost 40X greater than a renter's (see graph below): A wealth gap exists between renters and homeowners because when you're a homeowner, your equity grows as your home appreciates in value and you make your mortgage payment each month ..read more
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Some Experts Say Mortgage Rates May Fall Below 6 Later This Year
The Aaronson Group Blog
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2M ago
There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you need to know: compared to the near 8 peak last fall, mortgage rates have trended down overall.  And if you’re looking to buy or sell a home, this is a big deal. While they will continue to bounce around based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward trend should continue this year. While we won’t see the rec ..read more
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