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Monday, June 3, 2013

Real Estate in Aliso Viejo

The market as you have heard has really heated up, and good listings are flying off the market in multiple offers with many unhappy want to be home owners walking away disappointed. This is a great time to sell your house but be careful about selling and not having a plan on where you are going to go. There are some previous homeowners out there who have sold and thought it would be easy to find another home and then found out that wasn't true. Make sure you are working with an agent who will have your best interest at heart. We were down to as low as 23 homes on the market at one point this year, and slowly have been climbing up to over 60. That is not a normal amount of inventory by any means. Normal is 200 or so. Leasing is also very busy. Homes are not lasting long if they are well maintained, and in good neighborhoods where people want to live but can't afford to buy. Many investors have purchased the available inventory knowing that the market had started to turn and will most likely hold them for a year or so and then sell them. If you have any questions about the Aliso Viejo RE market, feel free to contact me at theresavinciguerra@gmail.com Theresa

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