Costa Mesa Real Estate: Is Your Wallet Doing the Cha-Cha?
Posted by Matt Kanoudi on
Costa Mesa's still the place to be, but national trends are throwing a little dance party for our local market. Let's break down what's shaking, without making your head spin.
Interest Rates & Affordability:
- Yep, interest rates are doing their best impression of a rocket ship. This means your monthly mortgage might feel like it's doing the cha-cha with your bank account. Get pre-approved and maybe consider skipping that extra avocado toast...just kidding (mostly).
- Thankfully, we are seeing pricing cool down a bit, and less of those crazy bidding wars that felt like a reality TV show.
Investor Confidence:
- Costa Mesa's still a solid investment, especially with renters lining up like it's a new ride at Disneyland. Long-term…
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