Jiry Garcia, Realtor #01731809

Jiry Garcia, Realtor #01731809 Experienced realtor with over 20 years in the industry. Invested in the success of my clients.

09/09/2026

KEY POINTS
The ARM share of total mortgage application rose to 8.5%
The average contract interest rate last week for 30-year fixed-rate mortgages with conforming loan balances increased to 6.85% from 6.79%
The average rate for a 5-year ARM fell to 5.82% from 5.94%.

09/03/2026

Mission Viejo, California, is one of the largest master-planned communities in the United States.
1. Built starting in the 1960s on parts of the historic Rancho Mission Viejo, the city was designed with roads in the valleys and homes on the hills to match the natural rolling landscape. 2. The city’s name comes from Misión Vieja (Spanish for “Old Mission”) as a nod to the area’s Spanish land-grant roots and proximity to Mission San Juan Capistrano. 3. The city features a 124-acre artificial private lake that offers residents boating, swimming, and sandy beaches.

09/01/2026

Average days on market rose to 64 from 62 and median days on market climbed to 45 from 44. Both metrics have been gradually rising through August and are now at their highest levels of the year. The increase is real but not alarming. It reflects the seasonal slowdown in buyer activity rather than a fundamental shift in market dynamics.

By price range: homes under $1 million held flat at a median of 41 days on market with 1,864 active listings. The $1 million to $2 million range rose one day to a median of 40 days on market with 1,897 active listings, while the listing count in that segment dropped from 1,929, a sign that some inventory is being absorbed. Homes above $2 million held at a median of 55 days on market with 1,336 active listings, also down from 1,361 last week.

08/27/2026

California is the latest US state and the largest market to move toward a law allowing residents to install small plug-in solar systems on apartment balconies and in backyards to offset soaring electricity costs.

A bipartisan bill approved unanimously by the state Assembly on Tuesday now goes to the state Senate, which earlier passed the bill 35-1, for a final procedural vote. It then would be sent to Governor Gavin Newsom, who has until Sept. 30 to sign it into law. Newsom hasn’t taken a position on the legislation and his office declined to comment. If he does enact the bill, California will become the ninth state to legalize plug-in solar since 2025.

Aside from New York and New Jersey, where plug-in solar bills that passed earlier this year await governor signatures, nearly two dozen other states are considering such legislation.

08/26/2026

California homebuyers searching for the state’s strongest real estate market may want to skip Los Angeles and San Francisco — and set their sights on Irvine.

The Orange County city was named California’s best real estate market and the 10th-best nationwide in WalletHub’s 2026 ranking.

Irvine earned a score of 64.28, ranking eighth for the strength of its housing market and 85th for affordability and economic conditions. It also finished second among large US cities, behind only Charlotte, North Carolina.

08/24/2026

“Who is going to protect our homeowners and residents?” Jiang said. “That responsibility belongs to all of us, and especially to the public officials entrusted with protecting the health, safety and welfare of Lake Forest residents.”

Councilmember Benjamin Yu voted no after saying the city already has a lot of warehouses and more are on the way.

“What do you want our community to become?” he asked his council colleagues.

The project applicant agreed to a series of conditions for the project, including a “quiet zone” in the area closest to homes and a limit of 15 trucks per hour during the day and four trucks per hour at night.

Homeownership carries responsibilities beyond paying your mortgage. Maintaining your home/investment requires seasonal m...
08/20/2026

Homeownership carries responsibilities beyond paying your mortgage. Maintaining your home/investment requires seasonal maintenance. Here are some important things to take care of during the summer months.

Real estate pros beware: Vacant properties are prime targets for title fraud. Learn how to protect your clients and thei...
08/18/2026

Real estate pros beware: Vacant properties are prime targets for title fraud. Learn how to protect your clients and their investments from these sneaky scams.

Work has begun on the $175 million Terracina at Tustin Legacy, an affordable apartment complex coming to the 1,600-acre ...
08/14/2026

Work has begun on the $175 million Terracina at Tustin Legacy, an affordable apartment complex coming to the 1,600-acre master-planned development at the former Marine Corps Air Station in Tustin.
USA Properties Fund and Irvine Company are partnering on the 338-unit project, which will add affordable housing to the bustling neighborhood that includes the remaining historic blimp hangar, a large swath of existing homes, a school and several retail centers.
The groundbreaking was held Thursday, Aug. 6.
Terracina at Tustin Legacy will feature a four-level building at 2265 Airship Ave. and another at 16055 Compass Ave. The units will be available to income-qualified residents.

08/12/2026

The federal government enacted the 21st Century ROAD to Housing Act on July 11, 2026, which bans large institutional investors from purchasing and acquiring additional single-family homes to use as rentals. The law takes full effect on January 7, 2027, and targets entities that control 350 or more single-family properties.Key Details of the BanDefinition of Target: Applies to large institutional investors (like corporate investment funds and REITs) with control over 350+ single-family homes.Effective Date: Signed into law on July 11, 2026, and officially becomes active for enforcement and restrictions on January 7, 2027.Penalties: Violations carry severe civil penalties of up to $1 million per violation or triple the purchase price of the home, whichever is higher.Existing Inventories: Current single-family home holdings do not have to be forcibly sold off or divested.

Address

4121 Westerly Place Ste. 105
Newport Beach, CA
92660

Telephone

+19496321470

Website

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