OC Housing Report: Sluggish, Yet No Slide Ahead

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 healthier than ever before, which will prevent distressed sales and a housing crash.

Active Listings

The active inventory decreased by 1% in the past couple of weeks.

Demand

Demand decreased by 4% in the past couple of weeks.

Luxury End

The luxury market has improved a bit in the past couple of weeks

 

See below for a Snap Shot of the current OC Housing Report: Sluggish, Yet No Slide Ahead

(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!!

 

 

 

 

 

 

 

(Information provided by Steven Thomas, Local Economist)

 

#housingmarket #housingreport #ochousing #ochousingmarketupdate #orangecounty #ocrealestate #homesellers #homebuyers #homesearch #realestate #realestate #fullserviceagency #flexiblecommissionstructure #savethousandsincommissions #TheWrightTeam #TheWrightHome