OC Housing Report: Housing Insanity Returns

Orange County Housing Report: Housing Insanity Returns

With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other despite high mortgage rates.

A Seller’s Market

When the Expected Market Time drops below 40 days, the housing market leans heavily in favor of sellers.

Active Listings

The active inventory plunged by another 4% in the past couple of weeks.

Luxury End

The luxury market improved in the past couple of weeks. 

Demand

Demand jumped by 7% in the past couple of weeks. 

 

See Snap Shot below of the current OC Housing Report: Housing Insanity Returns

(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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