Last May showed a surge in new home sales, based on information from the U.S. Commerce Department. For Irvine real estate , this is fantastic news. New, single family home sales jumped by 4.6 percent, cited market analysts.
This boost surprised economists. Because of rising mortgage rates, the market was projected to slow down. These mortgage rates are expected to continue to rise over the next few months, but only a slight slowdown is expected. There hasn't been a better time to buy a great Irvine home .
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