OC Housing Report: Challenges of Supply Situation

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 homes to purchase, slowly but surely, the inventory has diminished substantially. There is no longer a plethora of homes to choose from. In many price ranges and neighborhoods, the shelves are bare, and the stock is limited. Buyers cannot turn to the Internet for an increased supply of houses. Instead, it has become a significant waiting game.  

See below for a Snap Shot of the current OC Housing Report: Challenges of Supply Situation

(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!

 

 

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