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Key Market Indicators – November Recap 2021
Costa Mesa Housing Update - Resale Only
The Costa Mesa real estate market is white-hot! Buyers are waiting patiently for each new listing to hit the market, as many price ranges have reduced levels of available inventory. Sales Activity Intensity™ for each new listing will remain at frenzy and higher as we head into the new year.
The Costa Mesa housing update will be discontinued in 2022.
White-Hot Winter Market
3.18%
Unbelievable Interest Rates
Source: Mortgage News Daily
Average % of
New Listings (Pending)
in the First 30 Days
45%
Current
Normal
95%
Current
30%
Normal
Source: Mortgage News Daily
BE BUYER READY, DAY ONE!™
To secure your home of choice, it’s highly recommended to begin the process early by connecting with a trusted broker for a market consultation. Being Buyer Ready, Day One™ is essential to get a home in today’s real estate market. Beginning the financing conversation early is also key – it can help buyers understand what they can afford and create a higher level of seller certainty. The latter can provide a leg up above other buyers in the market, leading a seller to accept your offer.
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BE BUYER READY, DAY ONE!™
To secure your home of choice, it’s highly recommended to begin the process early by connecting with a trusted broker for a market consultation. Being Buyer Ready, Day One™ is essential to get a home in today’s real estate market. Beginning the financing conversation early is also key – it can help buyers understand what they can afford and create a higher level of seller certainty. The latter can provide a leg up above other buyers in the market, leading a seller to accept your offer.