Winston West | Orange County Real Estate Specialist

11/06/2022

03/30/2022

Just Sold - Grateful to represent my amazing sellers on the Highest recorded sale on Beach Road. Truly one of the top best closings I have experienced.
Thank you Paul Daftarian for bringing in your buyers who are some of the nicest people I have ever met, it was a pleasure working with you.
List price $8,995,000

12/06/2021

New to Market
Beach Road, Dana Point
-
4,300 sq. ft. Dana Point Ocean Front with direct beach access
DM for details.

DM me for details
DRE # 01809833

10/24/2021

Luxury Housing Market Soars
Laguna Beach Hits Record Low Inventory of Single Family Homes
Laguna Beach 88
Newport Coast 28
Corona Del Mar 58
Dana Point 45

In 2021, one in six closed sales were luxury.
The record low interest rate environment is a key factor in luxury’s elevated demand as well. And, the inventory crisis does not only include the lower ranges, luxury buyers have been confronted with an extremely limited supply of available homes to purchase.

The luxury home market in Orange County, defined as the top 10% of all closed sales, moved from $1.25 million in 2020 to $1.5 million at the start of 2021. In September, there were 524 luxury closed sales. That would be a record level in any other year, but not this year. April through August were all higher, with a 672-peak reached in June. Last year’s record, 420 luxury sales, was achieved in September and surpassed the prior annual record set in June 2017 by 39%. Even with September’s slight seasonal dip in home sales above $1.5 million, it is still 25% higher than last September.
Winston West
Berkshire Hathaway
Laguna Beach
DRE #01809833

05/05/2021

5.5.2021
Current mortgage rates

Mortgage interest rates fell today for the sixth straight day, pushing 15-year fixed even further into record low territory.

Current 30-year mortgage rates

The current interest rate for a 30-year fixed-rate mortgage is 2.750%. This is the same as yesterday.

Current 20-year mortgage rates

The current interest rate for a 20-year fixed-rate mortgage is 2.625%. This is the same as yesterday.

Current 15-year mortgage rates

The current interest rate for a 15-year fixed-rate mortgage is 2.000%. This is down from yesterday.

Current 10-year mortgage rates

The current interest rate for a 10-year fixed-rate mortgage is 2.000%. This is the same as yesterday.

11/26/2020

New conforming loan limit of $548,250 for 2021, up from $510,400 in 2020.

Which loans does this apply to?

Conventional, conforming loans (those sold to or securitized by Fannie Mae and Freddie Mac, which is a vast majority of the market), both refinances and purchases

​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021. In most of the U.S., the 2021 maximum conforming loan limit (CLL) for one-unit properties will be $548,250, a.....

05/16/2020