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Luxury housing emerged from the lockdowns of COVID-19 with unbelievable strength and has reached unprecedented levels.  A Hot Luxury Market-In 2021, one in six closed sales were luxury. In June of last year, housing climbed out of the COVID lockdowns and resurfaced firing on all cylinders. It was as if someone had flipped a … [Read more...] about ORANGE COUNTY HOUSING REPORT-LUXURY SOARS

Housing will shift to the Holiday Market in just 7-weeks and buyer and seller activity will plunge to its lowest levels of the year. End of Year Expectations-Seven more weeks until the slowest season of the year starts, the Holiday Market. Before the blink of an eye, everyone will be gathering for a day of gratitude, … [Read more...] about ORANGE COUNTY HOUSING REPORT-LAST CALL FOR 2021

The Autumn Market is officially here and with it typically comes a drop in the supply of available homes to purchase, falling demand, and the overall speed of the market remains the same. Expect less activity with fewer homes coming on the market and fewer buyers looking to find a home. The kids have made their way back to their … [Read more...] about ORANGE COUNTY HOUSING REPORT-AUTUMN CALM

Although home values have been skyrocketing at a record pace, eating into affordability, the housing market is not going to cool anytime soon.  Housing Will Remain HotThe Expected Market Time has remained at unprecedented low levels and will -not budge much for the remainder of the year. Everybody looks forward to the Super … [Read more...] about ORANGE COUNTY HOUSING REPORT-UNHEALTHY PACE

Seemingly everyone is expecting a wave of foreclosure due to forbearance, yet taking a closer look at the facts reveals that it simply in not going to happen.  The Distressed Market-Fewer homeowners are opting to sell despite homes appreciating to record levels. Remember the Y2k scare? It was when the calendar year … [Read more...] about ORANGE COUNTY HOUSING REPORT-Forbearance, Foreclosures, Facts