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Which Home Renovations Generate the Highest ROI?
Did you know that not all home renovations affect your home’s value? In other words, your ROI could be next to nothing on some renovations. Even if you do see a return on your investment, it’s sometimes less than half of what you paid.
Was it worth it?
Fortunately, many home renovations provide an exceptional return on your investment. Knowing what they are and how much of a return you’ll get can help you decide.
Why Home Renovations Affect Your Home Value
Before we get into the list of renovations you should consider, let’s look at why home renovations affect your value.
When you improve your home, you improve its features or its quality, both of which affect the home’s value. Buyers are more likely to pay more for a home that’s recently renovated than one that needs repairs and/or is outdated. But which home renovations should you do?
Full Article: https://ronevansrealty.com/blog.html/which-home-renovations-generate-the-highest-roi-7723304
More Content: https://linktr.ee/ronevansrealty
#homerenovation #homevalue #improvehomevalue #renovations -
How To Prepare To BUY YOUR FIRST HOME | Crucial Home Buying Steps
First Time Homebuyer Tips
Buying your first home is exciting and overwhelming all at once. Before you get in over your head, use these simple tips to best prepare you for one of the largest investments you’ll make in your lifetime.
Blog Article: https://ronevansrealty.com/blog.html/how-to-prepare-to-buy-your-first-home-7723305
More Real Estate Info: https://linktr.ee/ronevansrealty
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270
[email protected]
#firsttimehomebuyer #homebuyingtips #buyyourfirsthome #ronevans #rsmlake #rsmlakehomes -
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Renting Vs Owning A Home | How To Decide Which Is Best For You
If you’re thinking about moving this year, you may wonder if renting or owning is the best choice? While there isn’t a one-size-fits-all approach to the matter, there are certain questions you should ask yourself to decide.
FULL ARTICLE HERE: https://ronevansrealty.com/blog.html/renting-vs-owning-which-is-right-for-you-7723306
MORE GREAT CONTENT HERE: https://linktr.ee/ronevansrealty
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270
[email protected] -
WARNING TO HOME SELLERS | Overpriced Homes Are Not Selling
With rising interest rates and slowing demand, it's important to list your home at market value. The extremely hot seller's market is cooling a bit. There is still competition for homes, but buyers willing to wait for the right price.
More Great Content: https://linktr.ee/ronevansrealty
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270 -
What Is A VA Home Loan?
This is your guide on obtaining a VA Home Loan to purchase your next home in Orange County.
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556 -
WILL THE HOUSING MARKET SLOW DOWN IN 2022? Is a MARKET CRASH Coming?
Housing has only grown hotter despite mortgage rates
rising considerably since ringing in a New Year, indicating
it will take further changes for the market to slow.
If mortgage rates rise above 4% and remain elevated with staying power, then housing will finally slow a bit, shifting from an Insane Seller’s Market to a regular Hot Seller’s Market with longer market times.
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270
#ronevans #ranchosantamargaritahomes #orangecountyrealestate #housingupdates #coldwellbanker #amysimsteam #rsmlake #pocketlistings -
Going Going Gone | Homes Selling ABOVE ASKING PRICE
When a record low number of available homes is matched
with fierce pent-up demand, it results in an auction where
homes sell immediately and for more than their asking prices.
It is common for homes that are just placed onto the market to receive dozens of offers to purchase, pushing up home values at a rapid pace.
A WARNING TO SELLERS: Carefully pricing a home is crucial to obtaining the best outcome regarding price and terms. Pricing at or slightly above the last comparable pending or closed sale will expose the home to the largest buyer pool. The auction that follows will have buyers competing against each other to achieve success. This results in sales prices above their asking prices, and in many cases, way above their asking prices. Stretching the initial asking price considerably above the comps may still result in achieving the ultimate goal in selling; HOWEVER, it will be at the expense of not obtaining the highest and best price and terms.
00:00 Beginning
00:30 Introduction
06:49 Orange County Housing Inventory
07:38 Orange County Housing Demand
09:17 Orange County Housing Expected Days On Market
11:42 Orange County Luxury Housing
For more detailed information, send your questions to [email protected].
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270 -
How Do Buyers CHOOSE WHERE TO LIVE | These Are THE TOP FACTORS To Consider
Relocating can be a major life change, and choosing where to move can be a stressful decision. There are a number of factors that come into play that go beyond affordability -- after all, where you live can greatly affect your overall quality of life.
This video will cover the top factors home buyers consider when moving to Rancho Santa Margarita.
00:00 Beginning
00:30 Introduction
04:25 Safety
05:50 Proximity To Work
07:10 Not Too Busy Of An Area
09:50 Community Amenities
11:48 Low Local Taxes
13:46 Great Public Schools
15:38 Proximity To Family
16:38 Low Cost of Living
17:35 Contact Me
Link To Full Article: https://yhoo.it/3GAmrnH
REAL ESTATE 101 Podcast: https://podcasts.bcast.fm/ron-evans-r...
Facebook: https://www.facebook.com/ronevansrealty
Instagram: https://www.instagram.com/ronevansrealty
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270
[email protected]
ron evans, orange county realtor, home buying orange county, rancho santa margarita real estate, rsm lake, homes for sale orange county, homes for sale rancho santa margarita, real estate investing, How Do Buyers CHOOSE WHERE TO LIVE, first time home buyer loan, best places to live in orange county, housing market 2022 california, best schools in orange county, moving to rancho santa margarita, moving to mission viejo, moving to ladera ranch, moving to irvine california -
Do I Need To Remove My REAL ESTATE CONTINGENCIES | NOT SO FAST
Study shows that fewer buyers are waiving their contract contingencies. In this video I'll break down when I think it's ok to remove them and when you should keep yourself and your money protected.
00:00 Beginning
00:30 Introduction
04:43 Inspection Contingency
05:48 Appraisal Contingency
06:25 Loan Contingency
07:00 Inspection Explained
09:00 Appraisal Explained
11:24 Loan Explained
Link to full Article: https://bit.ly/dont-waive-contingencies
REAL ESTATE 101 Podcast: https://podcasts.bcast.fm/ron-evans-real-estate-101
Facebook: https://www.facebook.com/ronevansrealty
Instagram: https://www.instagram.com/ronevansrealty
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
949.929.2270
[email protected]
ron evans, orange county realtor, buying a home in orange county, home buying, home inspection, rancho santa margarita real estate, rsm lake, orange county real estate, homes for sale orange county, homes for sale rancho santa margarita, buying a home for the first time, buying a home in 2022,home buying process for first time buyers, what does contingent mean in real estate, real estate contingency, real estate agent california, real estate contingencies, home buying 2022 -
Living In A Gated Community | Orange County Gated Communities
A gated community is a neighborhood that is enclosed by fence or wall, surrounding the entire community- with a gated entrance. Some gated entries have a 24 hour guard, and some just have a security gate. Many people choose to buy a home in a gated community because of the many benefits. Others choose no gates, because of a few drawbacks. Is living in a gated community for you?
Full Article: https://ronevansrealty.com/blog.html/living-in-a-gated-community-7659964
Full article contains information on different gated communities in Orange County as well as homes for sale in gated communities.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#livinginagatedcommunity #orangecountygatedcommunities #gatedcommunityhomesforsale #lowhousinginventory #fortune #fortunemagezine #inflation #mortgageinterestrates #realestatemarketupdate #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #realestatemarketingagency #justclosed #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #realestatemarketingexpert #californiarealestate #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatemarketingspecialists #realestatetips #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent #mortgagerates -
BUCKLE UP For a BRUTAL Spring Housing Market
by Fortune
It's usually around this time of year, with the holiday season firmly in the rearview mirror, that homebuyers and sellers alike begin to make their way back into the market. That will continue to pick up each week until March arrives. At that point, the industry's busy season—known as the spring real estate market—will be off to the races.
But this year there is more unease than excitement coming from the home shopper side of the equation. For one thing, last year's spring housing market, which was arguably the fiercest in history, is still seared into the collective memories of unsuccessful 2021 home shoppers. To understand how far the deck was stacked against buyers last year, just look at the data. The number of homes for sale last spring hit the lowest level in more than 40 years. Bidding wars hit an all-time high—with 72% of homes getting multiple offers in April 2021. And that frenzy saw home appreciation climb to the highest level in tabulated history.
Each week I'll break down the Market Matters that comes from C.A.R. (California Association of REALTORS®). I'll go over all of the articles they share, with my own opinions thrown in. Please email ([email protected]) or comment below with any questions you'd like answered.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#lowhousinginventory #fortune #fortunemagezine #inflation #mortgageinterestrates #realestatemarketupdate #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #realestatemarketingagency #justclosed #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #realestatemarketingexpert #californiarealestate #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatemarketingspecialists #realestatetips #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent #mortgagerates #firstimehomebuyermistakes #cnn #housingwire #cnbc -
RISING RATES VS NO INVENTORY - Orange County Housing Report
January 25, 2022
There are two opposing economic forces impacting the housing market right now, rising mortgage rates and a record low supply of homes available to purchase.
There simply are not enough homes available for buyers and rising rates have not yet had an impact on the insanely hot housing market.
The supply chain problems have been well documented across the United States and around the globe. One of the hardest hit industries is new cars. The supply of available new cars has dwindled down to record lows. As a result, dealers are adding a “market adjustment fee,” a line-item cost above the MSRP. The fee ads anywhere from a few thousand dollars to as much as $20,000 more for a popular model. It has everything to do with supply and demand. Consumers looking for a new car are confronted with very few options and rising car prices. To get their hands on one, many are willing to pay the surcharge.
Housing feels like it too is suffering from the supply chain problem with seemingly nothing available to purchase. Last year the inventory in Orange County started the year at an all-time low with 2,633 available homes. It hit 2,214 on June 10th, rose and peaked in June, and then continued to plunge until only 954 homes were on the market on January 1st of this year, just a few weeks ago. Today, there are only 1,080 homes, adding only 126 during the first few weeks of the year. The difference between this year and last year’s record low is striking. There are 1,547 fewer homes today, 59% less. Every price range has been similarly impacted.
Every 2 weeks I'll bring you the latest information on the housing market in Orange County, CA. Other areas and specific cities and zip codes are also available. Please message me direct with questions or for more details.
See Show Notes Below for Summary Information. All stats courtesy of Reports On Housing.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#realestatemarketupdate #2022housingforecast #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #justclosed #realestatemarketingagency #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #californiarealestate #realestatemarketingexpert #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatetips #realestatemarketingspecialists #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent -
DOOM OR BOOM - Rising Interest Rates Are Impacting Home Buyers
Mortgage rates are rushing higher, and last week that caused a major divergence in mortgage demand. Refinancing continued to dry up, but homebuyers appear to be rushing into the market. As a result, total mortgage application volume rose 2.3% compared with the previous week, according to the Mortgage Bankers Association.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 3.64% from 3.52%, with points remaining unchanged at 0.45 for loans with a 20% down payment. That rate was 72 basis points higher than the same week one year ago and has increased more than 30 basis points in just the last two weeks.
Each week I'll break down the Market Matters that comes from C.A.R. (California Association of REALTORS®). I'll go over all of the articles they share, with my own opinions thrown in. Please email ([email protected]) or comment below with any questions you'd like answered.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#inflation #mortgageinterestrates #realestatemarketupdate #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #realestatemarketingagency #justclosed #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #realestatemarketingexpert #californiarealestate #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatemarketingspecialists #realestatetips #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent #mortgagerates #firstimehomebuyermistakes #cnn #housingwire #cnbc -
UNPRECEDENTED START - Insanely HOT Seller’s Market In Orange County
The COVID-19 pandemic has severely disrupted the supply of goods and commodities. Initially, back in March 2020, there was a relentless run-on toilet paper when people stood in long lines for hours as new shipments arrived. As the pandemic evolved, so did the impact on the supply of computer chips, which ultimately hit the automobile industry the hardest. Flash forward to today and new car lots are empty, there is a COVID premium on the sticker price, and many must wait weeks or months for delivery. It is just as challenging to obtain a used car and prices have gone through the roof. It boils down to supply and demand. Even when demand levels do not change much, yet inventories drop substantially, prices soar.
That is precisely what is occurring in the Orange County housing market today. The supply of homes available to purchase today is at a staggering, mind blowing, record low level, and it is matched with strong demand that is not much different than prior to the pandemic. As a result, the market has been white hot, insane, from day one of 2022. It is an unprecedented start to the year that is without comparison. On January 3, 2013, according to the Primary Mortgage Market Survey conducted by Freddie Mac for the past 51-years, mortgage rates were at 3.34%, slightly higher than the record low, at the time, of 3.31% achieved on November 21, 2012. On January 7, 2021, mortgage rates hit a 17th record low since the start of the pandemic, dropping to 2.65%. That rate remains the record today, a year later. On January 6, 2022, mortgage rates had risen to 3.22%, the highest level since May 2020. Even with higher, rising mortgage rates, the housing market already has exceptionally strong momentum.
As the inventory dropped, housing has grown hotter and hotter. Today, there are only 1,100 homes available to purchase, an unmatched, ultra-low supply of homes that shattered the prior record low achieved in January 2021, at 2,633 homes. Last year’s start crushed the 2013 record start of 3,161 homes. The active inventory had been dropping prior to COVID, but the pandemic further disrupted housing and intensified the inventory crisis. The crisis had evolved into a catastrophe by the end of 2021 as the fewest number of homes come on the market in December and the second fewest occurs in November. That set up the unprecedented start to this year.
Every 2 weeks I'll bring you the latest information on the housing market in Orange County, CA. Other areas and specific cities and zip codes are also available. Please message me direct with questions or for more details.
See Show Notes Below for Summary Information. All stats courtesy of Reports On Housing.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#realestatemarketupdate #2022housingforecast #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #justclosed #realestatemarketingagency #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #californiarealestate #realestatemarketingexpert #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatetips #realestatemarketingspecialists #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent -
The shock of going into a pandemic may have disrupted the housing market in 2020 for a few months, but there was no disruption in 2021. Demand surged despite COVID’s winter wave, summer delta wave, and the current omicron wave. If anything, it has kept a lid on mortgage rates. The only thing that will slow the speeding housing freight train at this point is rising rates; yet, as long as COVID continues to be a threat, rates will have a hard time rising much from their current record lows. Housing is one of the strongest sectors of the economy, yet the overall U.S. economy has been on the mend as well. Retail sales have soared. Unemployment has dropped substantially. Job openings are surging. The number of homeowners in forbearance dropped below 600,000 by the end of December, and the vast majority of the nearly 7 million exits are either performing or paid off their mortgages in full. The economy has dramatically improved. Inflation may have risen to highs not seen in decades, but mortgage rates have not budged, indicating that investors are confident that the inflation pressures will subside and eventually retract sometime in 2022. The low interest rate environment will continue and will be a tailwind that will continue to fuel the incredible run on housing. As a result, the local housing market is going to be HOT in 2022. Here is the forecast:
Every 2 weeks I'll bring you the latest information on the housing market in Orange County, CA. Other areas and specific cities and zip codes are also available. Please message me direct with questions or for more details.
See Show Notes Below for Summary Information. All stats courtesy of Reports On Housing.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#realestatemarketupdate #2022housingforecast #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #justclosed #realestatemarketingagency #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #californiarealestate #realestatemarketingexpert #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatetips #realestatemarketingspecialists #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent -
10 Things YOU NEED TO KNOW Before Buying Your First House - Part 3
Are you hoping to buy a home soon, or in the future? Have you tried buying a home recently with no luck? You've come to the right place. Join me for part 1 of my series "How To Buy A Home". Today's real estate market is crazy, to say the least...It can be overwhelming and discouraging, especially for the first time home buyer. I'm here to you. This video series will take more of the guesswork out of the home buying process and give you the confidence you need to successfully buy a home. In this episode, I begin a series about the 10 Steps To Buying A Home In Orange County. This third and final part will cover steps 7 (Home Inspection and Appraisal) , 8 (Homeowner's Insurance), 9 (Do A Final Walkthrough) and 10 (Close On Your New Home). Even though I'm located in the Orange County real estate market, you can and should follow these steps everywhere. The steps to buying a home are no different, from city to city. Part 2 of this series will be release next week, so check back for more.
Ron Evans
Broker Associate
Amy Sims Real Estate Team
[email protected]
949.929.2270
www.ronevansrealty.com
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What You Can Do to Sell Your Home In the Off Season | Selling Your Home In The Winter
It's the off-season for selling homes, but it doesn't mean you can't get your home sold. In this video I share some tips and tricks to help you sell your house in the winter months!
Ron Evans
Broker Associate
Amy Sims Real Estate Team
DRE: 01965556
mortgage rates pricing your home orange county real estate market -
10 Things You Need To Know Before Buying Your First House - Part 2
Welcome back for part 2 of my series "How To Buy A Home". Are you hoping to buy a home soon, or in the future? Have you tried buying a home recently with no luck? Today's real estate market is crazy, to say the least...It can be overwhelming and discouraging, especially for the first time home buyer. I'm here to you. This video series will take more of the guesswork out of the home buying process and give you the confidence you need to successfully buy a home. In this episode, I begin a series about the 10 Steps To Buying A Home In Orange County. This second part will cover steps 4 - How To Find A Real Estate Agent, 5 - Start The Home Search Process and 6 - Make An Offer. Even though I'm located in the Orange County real estate market, you can and should follow these steps everywhere. The steps to buying a home are no different, from city to city. Part 3 of this series will be released next week, so check back for more.
Ron Evans
Broker Associate
Amy Sims Real Estate Team
[email protected]
949.929.2270
www.ronevansrealty.com
#rsmlakehomesforsale
#ranchosantamargarita
#ranchosantamargaritarealestate
#orangecountyrealtor
#homesforsaleranchosantamargarita
#orangecountyrealestateagent -
Everyone is intensely focused on the prices of home when the real focus should be the ability to write a check for he
monthly mortgage payment.
The low mortgage rate environment has resulted in substantially smaller payments, allowing home prices to rise considerably as well.
Everyone is acutely aware that home prices have been soaring for the past year-and-a-half. They have far exceeded the runup in values prior to the Great Recession. This has many people on edge, wondering how values can continue to rise beyond their current record highs. In focusing just on prices, it is no wonder they fear an end to the pandemic housing run.
In analyzing today’s housing market, it is not just about home prices. Household incomes and mortgage rates over time tell a completely different story. In 1980, the median detached home price in Orange County was $108,000. That sounds incredibly cheap and an unbelievable deal; however, mortgage rates averaged 13.75% and the median household income was only $22,000. The monthly mortgage payment was a larger proportion of a new homeowner’s monthly income than today.
Every 2 weeks I'll bring you the latest information on the housing market in Orange County, CA. Other areas and specific cities and zip codes are also available. Please message me direct with questions or for more details.
See Show Notes Below for Summary Information. All stats courtesy of Reports On Housing.
Ron Evans
Amy Sims Real Estate Team
DRE: 01965556
#realestatemarketupdate #realestatemarketstats #carealtor #coordinators #transactioncoordinators #realestatemarkets #justclosed #realestatemarketingagency #realestatemarketinrealestatemarketing #marketupdate #transactioncoordinator #realestatemarketingvideos #californiarealestate #realestatemarketingexpert #realestatemarket #realestatemarketing101 #realestatemarketingsolutions #realestatemarketingideas #realestatetips #realestatemarketingspecialists #buyer #realestateexperts #seller #realestatemarketingtips #businessowners #broker #realestate #realtor #realestateinvesting #realestateagent -
Are you hoping to buy a home soon, or in the future? Have you tried buying a home recently with no luck? Today's real estate market is crazy, to say the least...It can be overwhelming and discouraging, especially for the first time home buyer. I'm here to you. This video series will take more of the guesswork out of the home buying process and give you the confidence you need to successfully buy a home. In this episode, I begin a series about the 10 Steps To Buying A Home In Orange County. This first part will cover steps 1 (Checking Your Credit) , 2 (Understand How Much You Can Afford) and 3 (Choosing A Lender and Getting Pre-Approved). Even though I'm located in the Orange County real estate market, you can and should follow these steps everywhere. The steps to buying a home are no different, from city to city. Part 2 of this series will be release next week, so check back for more.
Please see the show notes below for full transcript.
Ron Evans
Broker Associate
Amy Sims Real Estate Team
[email protected]
949.929.2270
www.ronevansrealty.com - Показать больше
