Market Trends

Home Improvements with the Best Resale Value

Remodeling magazine recently released its annual Cost vs. Value report, which looks at 35 home improvement projects and determines the average cost and what you can expect to receive upon resale. For the second year in a row, the most valuable addition to a home was a steel-door entryway. A steel-door entryway is a quick [...]

Major Media Report Cites First Team Real Estate As A Key Online Resource For Luxury Real Estate

In Depth Reporting By Orange County Business Journal Finds First Team's Market Trends Ranks As One Of The Chief Online Resources For Data For Luxury Real Estate Buyers and Sellers As Southern California luxury real estate becomes a global market, the demand for timely market data and analysis from buyers and sellers continues to grow [...]

By |2016-10-18T02:22:41+00:00February 13th, 2015|Market Information, Market Trends|

About First Team

First Team Real Estate, headquartered in Costa Mesa, California, is the # 1 independent real estate company in southern California and has sold more homes in Orange County than any other brokerage in the last 10 years. Founded by President and CEO Cameron Merage with five agents in one office in 1976, today, First Team [...]

By |2016-10-18T02:22:41+00:00January 21st, 2015|Market Information, Market Trends|

Irvine Co. Gifts County With 2,500 Acres of Open Space at Irvine Ranch

(Orange County Register photo) Prominent developer The Irvine Co. has proposed to give 2,500 acres of undeveloped land to Orange County as a gift, with the hope that it will remain open space in perpetuity. The land is located on Irvine Ranch in Anaheim Hills and east of Orange. Original plans for the [...]

Reports Say Lenders are Easing Mortgage Loan Requirements

In a good sign for the U.S. housing market, two reports out last week found that banks have begun to loosen the tight lending standards that followed the last housing crash and, as a result, demand for mortgage loans is increasing. In its analysis, Marketwatch proclaimed the reports findings “paint a picture of a market [...]

Potential Starter Home? Condo in Anaheim Hills Listed for $279,000

5456 East Willow Wood Lane #B Anaheim Hills, Ca. First-time home buyers will want to take particular note of this one: For just $279,000, you can be the new owner of this bright and cheery condo in Anaheim Hills. This is an ideal residence for a small family or anyone possibly looking for [...]

First Team Christie’s International Sees Big Jump in Luxury Home Sales

It was a banner second quarter of the year for luxury real estate in Orange County. First Team Christie's International reported this week that it enjoyed a 41% increase in the number of homes sold for over $1 million in Orange County during the three-month period ending July 1. There were 197 units sold by [...]

Award-Winning House in Anaheim Hills Listed for $659,900

1005 Burlwood Drive Anaheim Hills, Ca. It's rare that an award-winning house comes on the market, but that's exactly what we have with this single-level house in Anaheim Hills. In 2013, it was named the winner of the Anaheim Beautiful Residential Award and now it can be your for $659,900. This house for [...]

Gem of a Home in La Mirada Listed for $549,999

16548 Cobblestone Road, La Mirada Ca. New on the market is this rare find in the Green Hills section of La Mirada. It is a single-story home on the corner of a quiet cul-de-sac, and boasts three bedrooms, two baths, 1,900 square-feet of living space and a three-car garage. This home in La [...]

Orange County Home Prices Soar to Six-Year High

Orange County home prices closed out the year at levels not previously seen since 2007. According to DataQuick, the median home price in Orange County reached $570,000 in December. For the year, Orange County home prices rose by 21.4%--which the Orange County Register reports is the biggest annual price increase since 2004. Additionally, the number [...]