OC Housing Report: A Buying Opportunity

April 10, 2023

Prospective home buyers are perplexed at today’s competition to purchase, which will only amplify when rates drop in the future.

 

Mortgage Rate Projections

Many experts forecast mortgage rates to drop into the 5’s by year’s end.

 

Active Listings

The active inventory continued to fall, declining by 1% in the past couple of weeks.

 

Demand

Demand was almost unchanged in the past couple of weeks

 

Luxury End

The luxury market slowed slightly in the past couple of weeks. 

 

See below for a Snap Shot of the current OC Housing Report: A Buying Opportunity

(Due to Posting Restrictions, To View the Full Report Email Us at [email protected]   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 https://bit.ly/freeinstanthomeevaluation 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!

 

 

 

 

 

 

 

 

 

The Wright Team…For All Your Real Estate Needs!!

 

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