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Many are jumping to extreme conclusions about the impact of higher rates, high inflation, and a potential recession on the housing market. While the market is slowing, it is gradually evolving from its out of control, insane pace, to a normal Seller’s Market, where pricing will be fundamental in finding success. Only two of … [Read more...] about ORANGE COUNTY HOUSING REPORT-The Sky-NOT Falling

Demand has stalled this spring. During the Spring Market, demand normally is on the rise along with the active listing inventory. More homes come on the market during the spring than any other time of the year. There is cyclically more escrow activity because that is when families desire to open escrow in hopes of closing and … [Read more...] about ORANGE COUNTY HOUSING REPORT-UNEXPECTED SLUMP IN DEMAND

CRACKS APPEARING Even though housing is insanely hot, trends have emerged that confirm that the Orange County housing market is starting to cool. CRACK – The current active inventory has increased by 60% since mid-January. CRACK – Other than COVID-19 lockdowns of 2020, demand is at its lowest level for this time of … [Read more...] about ORANGE COUNTY HOUSING REPORT-CRACKS APPEARING

… [Read more...] about ORANGE COUNTY HOUSING REPORT: OUT OF CONTROL

Many mistaken the Summer Market as the busiest time of  the year for housing, yet it is the Spring Market that is home to the most real estate activity year in and year out.  More homes come on the market during the spring than any other time of the year and demand reaches a peak. The issue this spring is that there will be a … [Read more...] about ORANGE COUNTY HOUSING REPORT-COMING UP…SPRING