Orange County Housing Report: Scraping the Bottom

The active inventory, buyer demand, and the number of homeowners willing to sell have been bouncing around a bottom all year, so it is only up from here.

Low Readings for a Year Now

Housing is finally at a point where year-over-year statistics will isolate the slightest signs of improvement in the housing market. 

Active Listings

The active inventory plunged by 7% in the past couple of weeks.


Demand dropped by another 4% in the past couple of weeks.

Luxury End

The luxury market slowed in the past couple of weeks.


See Snap Shot of the current OC Housing Report: Scraping The Bottom  (Due to Posting Restrictions, To View the Full Report Email Us at   or Call 949.770.9888 for a FREE Copy of the Report)


If you or if you have a friend or family member that is thinking of buying or selling real estate, please contact The Wright Team at 949.770.9888 with their name and number and we will be happy to follow up with them!


Don’t forget – you can click to find a quick estimate of your home’s current value. Call us at 949.770.9888 if you would like to discuss the current housing market, receive a detailed home value analysis or answers to any real estate questions you may have! We are here to help!



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If you are looking to BUY, SELL or Lease a property, Call The Wright Team at 949-770-9888

Scroll Down to see Our Vacation Rental Homes





578 Avenida Majorca #B

Laguna Woods 92637

Offered at $425,000

Great location- This home is situated within walking distance to Aliso Creek. Spacious Castilla floor plan, features 2 bedrooms and 2 bathrooms, completely upgraded throughout. Gourmet kitchen with exquisite granite counter tops and custom cabinetry, open to the dining room and living room with a large outdoor balcony with beautiful greenbelt views. Upgrades include dual pane windows and plantation shutters, crown molding, laminate wood flooring, custom baseboards, Central AC and Heat.  The bathrooms have been remodeled with matching stone countertops and custom cabinetry, premium fixtures and lighting plus a whirlpool bath. New full size washer and dryer are included. As an added benefit this home features covered carport parking. With everything this home offers, you’ll experience the best in modern living. Enjoy the benefits of this piece of paradise with 8 clubhouses, 5 pools, 2 golf courses, horseback riding stables, tennis, driving range, clubs, classes, transportation system and more! Close to shopping and dining, easy access to medical facilities. Resort-Style living at its finest!!!

NOTE: Buyer must meet Age and Financial requirements to purchase in Laguna Woods (55+ COMMUNITY)-refer to for written details. HOA approval required on all sales.  Buyer to pay current HOA Transfer Fee and current GRF Facilities Trust Fee. Laguna Woods has Smoking Restrictions.


View and Share Our Property Tour!

For more information or private showing, contact The Wright Team at 949.770.9888


Updated: 11/8/23



169 Encantado Cyn

RSM 92688

Offered at $879,900


This home has been completely remodeled and features 3 bedrooms and 2.5 baths, meticulously upgraded with the finest finishes and attention to detail. High end Porcelain tile flooring, energy star windows with stained wood frames throughout. Comfortable living room with fireplace and high ceilings, open to the dining room with accents of distressed wood in the dining room. Ceiling fans and plantation shutters compliment this home. The gourmet kitchen has been remodeled with granite counter tops, custom cabinetry, tile backsplash and custom shelves. Recessed lighting in the living room, dining room, kitchen and master bedroom. All bathrooms have been remodeled with granite counter tops and custom wood cabinetry. Pamper yourself in the master bathroom with a heated Jacuzzi tub and also features a sky light. This home also has a custom made barn door to enter through one of the bedrooms. Master bedroom also features the main wall with treated distressed wood and special lighting. Convenient two- car garage with direct access and ample storage space. Step outside to your own private patio with hardscape, built in planters with beautiful landscaping and a lime tree. This community has a pool, spa and picnic area. Enjoy all the amenities that Rancho Santa Margarita offers, the beautiful lake, beach club, parks, pools, sport courts, hiking and bike trails. This home is located near O’Neil Park, shopping and toll road.

Follow link to view photos!

For more information, contact The Wright Team at 949.770.9888

Updated: 10/31/23



Thinking of selling? Call The Wright Team today at 949.770.9888.  Platinum Edge Properties/Help-U-Sell Wright, a Full Service Real Estate Company offering sellers options tailored to their specific needs that can translate directly to money saved when selling your home. Find out how our team has effectively saved clients thousands since 1982!






34120 Selva Rd #288

Dana Point 92629

Offered at $7,000 month (Minimum 30 day stay)

VACATION RENTAL ONLY, NOT LONG TERM……Live by the beach and enjoy the magnificent California coastline EVERYDAY! This turnkey, lower level condo is located across from Stands Beach! 2 large bedrooms, 2 full baths (one with jacuzzi jet tub) and 2 private patios to enjoy entertaining or those quiet mornings! This home is fully furnished and ready for your visit! Upgraded kitchen w/ Corian counters, cabinets w/ pull-outs and window that faces outdoors! Open and spacious living room with dining area, custom built-ins, ceiling fans, crown molding and custom shutters! This light and bright home is close to pool/spa/clubhouse! Full sized laundry in unit!

Walk to Strands Beach!

Hurry and book your stay!

Call Listing Agent Ed Wright at 949-770-9888 for More Information and Availability.




34021 Violet Lantern St

Dana Point 92629

See Pricing Below!


This remodeled cottage is the ideal Short term rental! With a white picket fence, lush tropical landscaping, this home offers the key essentials for ultimate tranquility.  With two bedrooms, this home sleeps 6 and offers a comfortable space.  Upgraded kitchen, bathroom and new wood vinyl flooring plus a spacious covered patio in the secure fully enclosed backyard and a fenced front yard—this cottage has plenty of room.  Tenants have access to everything inside the house, and are free to park in the private parking spots in the rear.


The location of our listing is quite ideal, located in the “Lantern District”—the essential heart of Dana Point and Dana Point Harbor. From our location you can walk to many renowned restaurants, beaches, and shopping locations. You can also walk to the Harbor—where you can participate in many amenities—such as going to the aquarium, whale watching, water rentals and the BABY beach. Being close to the harbor is one of Dana Point’s greatest joys because it always offers something to do. From festivals and concerts to laid back weekend boat rentals; there is never a shortage of festivities.


Newly remodeled inside and out 2022-2023.


Sleeps up to 6 people comfortably.  DAILY RATES: $400 per night (Sun-Thurs) and $450 per night (Fri-Sat), 3 night minimum.  MONTHLY RATE: $7,000 month.  Guest to pay non-refundable cleaning fee of $2000, $50 Pet Fee, $300 Security Fee. Guest must sign a “Good Neighbor” form required by the City of Dana Point. Permit # 17-0734

Call for Listing Agent Ed Wright at 949-230-1311 to book your stay.






OC Housing Report: Is The Price Right?

November 7, 2023

Orange County Housing Report: Is the Price Right? For sellers who initially do not price their homes carefully and must reduce down the road, they likely will net less upon closing.  Pricing Too High Can Be Costly To walk away from closing with the most money, it is crucial to carefully price a home at […]

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WOW! Time to Celebrate!

November 2, 2023

IN ESCROW! 169 Encantado Cyn Rancho Santa Margarita 92688 Offered at $879,900 ONLY 8 DAYS ON THE MARKET! This home has been completely remodeled and features 3 bedrooms and 2.5 baths, meticulously upgraded with the finest finishes and attention to detail. High end Porcelain tile flooring, energy star windows with stained wood frames throughout. Comfortable […]

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OC Housing Report: Rates Rise, Values Slip

October 18, 2023

Orange County Housing Report: Rates Rise, Values Slip As rates surge higher and affordability diminishes even more, smaller changes in market times shift the market in the buyer’s favor. Higher Rates Squeeze the Market An Expected Market Time of 60 days is considered a Balanced Market today, yet that level used to be a Hot […]

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RE Term: Multiple Listing Service

October 16, 2023

Only real estate agents can add properties to the Multiple Listing Service (MLS) — and there are major benefits to having your home listed.        ◊ Visibility to buyer’s agents. Since the MLS includes more detailed and up-to-date information than online aggregators like Zillow, real estate agents use it to find potential homes […]

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Income Properties Are Trending, But Is Landlord Life for You?

October 11, 2023

                   If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.   Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently […]

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OC Housing Report: Sluggish, Yet No Slide Ahead

October 9, 2023

Orange County Housing Report: Sluggish, Yet No Slide Ahead With sky-high rates and a collapse in home affordability, many wrongly conclude that there will be a wave of foreclosures and it is just a matter of time before the housing market crashes. No Distress and No Crash in Housing Collectively, homeowners across the U.S. are […]

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Do’s and Don’ts When Applying for a Mortgage

September 26, 2023

Applying for a mortgage? Here are the DOs and DON’Ts you need to know!   Ready to start your home search? Connect with us for a referral to one of our trusted mortgage professionals to get your pre-approval.     Ed & Julie Wright 🪧 #TheWrightTeam 📲 949.770.9888  DRE#00767891/01258209       #TheWrightTeam #TheWrightHome #realestate […]

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OC Housing Report: Challenges of Supply Situation

September 20, 2023

The inventory was falling from year to year before the pandemic, but levels have grown more acute post-COVID with a lack of forced selling and far fewer homeowners placing their homes on the market. Similarly, finding homes available for sale has been getting harder and harder. While there used to be an abundant supply of […]

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