Blog | Arbor Real Estate | Page #3

We love sharing local insights, suggestions and stories that represent everything Newport Beach. Whether its valuable real estate market information or simply where to find the coldest beer, we'll try and cover it.

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Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.

Many quickly jump to the conclusion that an increase in mortgage rates will have a detrimental impact on real estate prices as fewer buyers will be able to qualify for a loan. This seems logical; if there is less demand for housing then prices will drop.

However, in a good economy, rising mortgage rates increase

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A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” like the one we experienced from 2006-2008.

Recently, several housing experts weighed in on the subject to alleviate these fears.

Sean Becketti, Freddie Mac Chief Economist

 “The evidence indicates there currently is no house price bubble in the U.S., despite the

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If you're looking for classic delicatessen food served with a smile than the 17th Street Deli could be your new go-to eating spot. The sparkling clean eatery is a true gem tucked in with other small businesses along 17th Street.

Originally the Tummy Stuffer the restaurant has been in Westport Square Shopping Center since the day the center opened. Owner Stacey Craven has been at the helm for two years and takes pride in serving handcrafted sandwiches made with quality

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Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.

Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow

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The Petersen team represents coastal Orange County homeowners and future homeowners. Lori and Clint use their years of real estate experience, creative ideas, and sharp negotiation skills to place their clients in their perfect home. 


Lori Petersen

Lori brings extensive experience and a proven track record of real estate success to Arbor. She has a solid reputation for her stellar communication and negotiation skills and uses these skills to find common ground during her dealings to

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Arbor's team recently toured the almost-completed Lido House, an Autograph Collection, located in Newport Beach. Set to open on April 14, 2018, the 130 luxury room hotel will offer an upscale full-service restaurant, spa and fitness center, rooftop bar with bay and ocean views and eight luxury suites. Briana Hicks, Dual Senior Catering Sales Executive / Destination Sales Executive, led two sets of hard-hat tours of the hotel, owned by Marriott, and showed off the resort's

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1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

BOTTOMLINE: Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

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Double the fun! Twins Cole and Jack are the winners of our Stoke a Student contest! The Newport Elementary third graders won a new Surf Prescriptions surfboard through Arbor Real Estate's contest. The campaign in partnership with Surfside Sports in Costa Mesa began four years ago and is aimed to inspire students to value education and to succeed in school.

The custom-made surfboard was shaped by legendary designer Doc Lausch of Surf Prescriptions. The 5'8" V12 Flying Turtle is

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Arbor Real Estate and The Rob Machado Foundation created the Clean Water for Kids initiative with the goal of installing FloWater station in every school in the Newport-Mesa school district. Today the pro surfer along with representatives from Arbor Real Estate dedicated two new refilling stations that were recently installed at Ensign Intermediate school.

The purpose of the stations is to eliminate single-use water bottles -- which pollute our watersheds and oceans -- and

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Founded by Newport resident Casey O’Connor, Sean’s Pot of Gold provides people with the opportunity to donate towards an effort to supply hospitalized children across Orange County with gift baskets. These baskets will contain toys, stickers, hats, necklaces, and fun games with the aim of distracting children from doctors, medications, and the pains of being hospitalized. 

 “I know hospital stays can seem very long, so I hope Sean’s Pot of Gold can brighten their day!” Says

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