Purchasing Your Irvine Home
Any major purchase requires research, careful analysis and consideration and thought, and Irvine home buying isn’t any different. Determining the right location, number of bedrooms and bathrooms needed, and outdoor space may come more quickly to mind, but there are many other factors to think about as well in your Irvine home search.
The number of homes for sale right now is still low. Housing inventory is measured by the number of available homes on the market. It’s also measured by months’ supply, meaning the number of months it would take to sell all those available homes based on current demand. In a balanced market, there’s usually about a six-month supply – and today, we only have about half of that. With inventory that low, buyer competition is ticking back up, meaning multiple offers are returning on a good number of properties.
At Homes For Sale In Irvine, I consider it my privilege to share with you the ins and outs of buying Irvine real estate. From your initial search to the moment I hand you the keys to your new home, I will be there, guiding you through the process.
With so few homes on the market at the moment. widening your search area to include nearby cities could help you find more options in your budget. Over the years, I’ve helped buyers find homes in Aliso Viejo, Costa Mesa, Ladera Ranch, Laguna Hills, Laguna Niguel, Lake Forest, Mission Viejo, Newport Beach, North Tustin. Orange and Tustin.
While mortgage rates are higher than they were a year ago, they’ve hovered mainly between 6% and 7% this year. Within that range, rates have bounced around a lot, but where will they go from here? Mortgage rates are hard to project, but many experts agree they’ll start to come down by the end of the year if inflation continues to cool. No one can know for sure what’ll happen next, so trying to time the market, especially mortgage rates is difficult. This makes it extra important to lean on your team of Irvine real estate professionals to stay up to date on what’s happening.
If you’re not paying cash for a home, I’ll be happy to connect you with the mortgage lender who has been helping my buyer clients for many years. She’ll find the best mortgage rates that she can for you, and help you choose from multiple mortgage programs.
I assure you that not every mortgage broker will offer the same programs and rates.
As a potential home buyer, you may have a list of “everything” you want or need for your new home. As your agent, I will work with you to help you realize that list and find you the best Irvine home to suit you.
If you are competing for a home and need to write a backup offer or have contingencies, my team and I can help you with that as well.
I Make Irvine Home Buying Easy!
Finding the right Irvine home can be difficult, but with my team on your side, you’ll find the process is quite simple. I love helping first-time homebuyers and seasoned buyers locate the right home.
Explore the local communities and search homes throughout the Irvine area to get a feel for pricing and features and then contact me to get more specific information on any Irvine area or neighborhood. If you’d like to tour local Irvine homes, I’d love to go with you and show you the many options available in Irvine real estate.
The number of homes for sale this year is still low. Housing inventory is measured by the number of available homes on the market. It’s also measured by months’ supply, meaning the number of months it would take to sell all those available homes based on current demand. In a balanced market, there’s usually about a six-month supply – and today, we only have about half of that. With inventory that low, buyer competition is ticking back up, meaning multiple offers are returning on a good number of properties.
Interested in buying a new home in Irvine? I can show you all the new developments with homes matching your wish-list.
Give me a call on 949-537-2079 to see how I can help you find the Irvine home of your dreams! If you prefer, use my “contact” form.