March 3, 2023
Getting Past the Rain
Torrential rains and mortgage rates hikes in Los Angeles and Orange County amidst the past several weeks didn’t stop many of our buyers and sellers from making big moves and stepping up to the plate to get homes under contract already in 2023.
The overall numbers reflected differently, as sales volume was down drastically year-over-year in January. LA County transactions were down 43.6% to 3,097 in January. OC County transactions were down 41.1% to 1,291 in January. Source: CoreLogic.
Despite challenging market conditions, our team has been able to score some great deals for our buyers and achieve great results for our sellers. Low supply, coupled with a plethora of buyers with healthy reserves and the ability to buy down mortgage interest rates, have allowed us to find incredible residential housing opportunities for many of our clients. We look forward to closing out the first quarter stronger than ever.
Key Differentiators
The Power of a Team
Working with a team gives you with tremendous benefits as a Buyer or Seller, as opposed to relying on one individual agent. When you work with a team, you get an extra set of eyes (or more) looking out for you; you also benefit from having multiple perspectives and more “thinking outside the box.” When faced with challenges and difficult decisions in your transaction, there are more problem solvers and significantly more combined years of experience working on your behalf. Having a team also prevents there from being a bottleneck (as a solo agent can oftentimes become), since agents are often the gatekeepers for disseminating information and communications between buyers & sellers.
At Highland Premiere, our single focus is on our clients and we keep each other accountable for delivering superior customer service. Vivian & I work together, equally on every single transaction. Our agents are also partnered up on every deal. We have dedicated, support personnel to help complete activities correctly and efficiently. You can expect your experience to be seamless and consistent from start to finish. Our team approach helps to ensure a smooth and successful transaction!
Read Our March Newsletter Here
Stay up to date on the latest real estate trends.
August 9, 2023
Mortgage rates have seen a slight increase as of July 27. The 30-year fixed-rate mortgage now stands at 6.81%, up from last week's 6.78%. Comparatively, this time last… Read more
July 10, 2023
We are delighted to bring you some exciting highlights on the current state of the Greater Los Angeles and Orange County housing markets. As we delve into the luxury a… Read more
June 9, 2023
The residential housing market in Los Angeles and Orange County has exhibited remarkable strength, marked by high demand and limited supply. This trend shows no signs … Read more
May 18, 2023
The recent rate hikes by the Federal Reserve have had a noticeable impact on mortgage rates. As interest rates rise, mortgage rates tend to follow suit, making it more… Read more
April 21, 2023
As we enter the Spring season of 2023, we wanted to provide you with an update on the current state of the real estate market. In recent months, we have seen a steady … Read more
April 4, 2023
Spring is here and is typically a busy time for our team to prepare our sellers to list their homes on the market. Simultaneously, we have been working diligently to f… Read more
March 17, 2023
So much has happened these last two weeks in the banking sector. The collapse of two prominent banks has caused a state of panic, forcing the Federal government to mov… Read more
March 3, 2023
Torrential rains and mortgage rates hikes in Los Angeles and Orange County amidst the past several weeks didn’t stop many of our buyers and sellers from making big mov… Read more
February 14, 2023
January was a hot month where we saw buyers jumping back into their home searches as mortgage rates took a brief yet significant nose dive compared to where rates were… Read more
You’ve got questions and we can’t wait to answer them.