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Cypress Real Estate Forecast for 2023

People often ask if Orange County home prices will fall significantly in 2023. The short answer is no. The main reasons are tight lending standards over the past 10 years, and a historically low level of available homes to purchase. Today, in J...

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Cypress Real Estate Update – December 2022

Cypress single family detached homes are currently averaging $1,014,000. Cypress Condos and townhomes are averaging $679,450. Cypress homes are averaging 41 days for sale before entering escrow. Orange County houses, condos, and townhom...

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November 2022 Orange County Real Estate Market Update

Single family home listings in 2022 are 17% lower than 2021 Single family closed sales are down 29.8% from 2021 The single family median sales price in October 2022 was $1,165,000 - Up 3.3% in 12 months - and down 9.7% from the peak earlier t...

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How much do you need to retire?

Accepted estimates are by age 65, you should have saved 10 times the amount of annual income you will need.  An example is if you would like $100,000 a year – you will need $1 million in savings or assets that produce income.  Life expectan...

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SOCAL HOUSING

It’s costing 37% more to pay monthly mortgages A mix of high home prices and soaring mortgage rates proved an expensive mix for Southern California homebuyers in April. Buyers who financed a median- priced home at $760,000 got a $3,010 mo...

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