Recent Posts
Orange County Housing Report: Bone-Dry: A Supply Problem By: Steven Thomas
For years, there have not been enough homes on the market, and the start to 2020 is especially pronounced. Low Supply: The active inventory is extremely low to start the year, down 34% compared to the start to 2019. Life is a time crunch. Inevitably, important errands are left to the last minute. It’s happened […]
Read More...Orange County Housing Summary By Steven Thomas: Nope No Bubble
For homes priced below $750,000, the market is a hot Seller’s Market (less than 60 days) with an expected market time of 56 days. This range represents 38% of the active inventory and 57% of demand. For homes priced between $750,000 and $1 million, the expected market time is 70 days, a slight Seller’s Market. […]
Read More...Orange County Housing Report: Top 5 Trends By Steven Thomas, Reports On Housing
Orange County Housing Market Summary: The active listing inventory increased by 66 homes in the past two weeks, up 1%, and now totals 7,479, the highest level since September 2014. Last year, there were 5,874 homes on the market, 1,605 fewer than today. There are 27% more homes than last year. Demand, the number […]
Read More...Homeowners Stand to Save More Than Renters-Realtor Magazine
Owners can often conserve more money once housing costs and living necessities are all covered. However, a new study shows those who rent can barely get by in some cities. PropertyShark and RentCafe teamed up for a study on discretionary income and analyzed the top 50 largest cities where an owner or a renter can […]
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