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Orange County Housing Report:  A Different Start

Orange County Housing Report: A Different Start

The start to 2019 is unlike the last 6-years, paving the way for a much different year. The 2019 Start: There are a lot more homes, demand is down, and the Expected Market Time is at its highest level since January 2011. The holiday decorations have been taken down, placed in their appropriate boxes, and carefully […]

Orange County Housing Report:  Hot in November?!?

Orange County Housing Report: Hot in November?!?

With such limited supply, this is the hottest November housing market in years. Hot November Housing: With an expected market time of just 61 days, the Orange County housing market is still firing on all cylinders. Buyers cannot get a break from the relentlessly hot housing market in Orange County. For homes priced below $1 […]

Orange County Housing Report:  My Home’s Not Selling!!!

Orange County Housing Report: My Home’s Not Selling!!!

Even though the housing market is hot, there are plenty of homes that are sitting with no success. Sitting on the Market: 43% of the active listing inventory has been on the market for over two months. The excitement is in the air. A homeowner sits across from a REALTOR® and signs all of the […]

Orange County Housing Report:  Home Supply Slicing Into Sales

Orange County Housing Report: Home Supply Slicing Into Sales

The lack of homes for sale in Orange County has hit pending sales activity. Supply Cuts Pending Sales: The number of pending sales over the past month dropped by 7% due to a supply of homes that is now dropping as well. Homeowners have been behaving differently ever since the Great Recession began a decade […]

Orange County Housing Report:  A Blazing Hot Autumn

Orange County Housing Report: A Blazing Hot Autumn

With an extremely low inventory and blistering demand, the Autumn Market is poised to be the hottest in years. A Hot Autumn: With 19% fewer FOR SALE signs this year compared to last, the Autumn Market is going to be hot. It is that time of the year. Have you seen all of the signs? […]

Orange County Housing Report: An Early 2017 Peak

Orange County Housing Report: An Early 2017 Peak

A low inventory peak means a hot seller’s market for quite some time. Active Inventory Peak: the active inventory has been low for years, but this year it has been exceptionally low. The Orange County housing market has been frustrating buyers for years now and 2017 has proved to be especially frustrating. With 7% fewer […]

Orange County Housing Report:  Inaccurate Measures

Orange County Housing Report: Inaccurate Measures

Buyers and sellers often rely on the price per square foot as a way to determine the value of a home, but it is just not accurate. Price Per Square Foot: Do not rely on the price per square foot as a reliable method to determine a home’s value. Everybody is looking for a shortcut […]

Orange County Housing Report:  Slim Pickens

Orange County Housing Report: Slim Pickens

  For years now the Orange County housing inventory has been low, but this year it is more pronounced. Low Supply: The active listing inventory has been down all year and it is currently off by 14% compared to 2016. Whew! It is tough to be a buyer looking for a home in today’s market. […]

Orange County Housing Report:  A Mid-Year Checkup

Orange County Housing Report: A Mid-Year Checkup

Good Afternoon! With half of 2017 in the rearview mirror, it is helpful to take a look at where housing has been, where it is now, and where it is heading. Housing Checkup: Every once in a while, it is helpful to take a step back and evaluate the overall health of the current housing market […]