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Orange County Housing Report Constrained 2023 Inventory

Orange County Housing Report Constrained 2023 Inventory

In the spring of 2020, life changed for everyone. Public schools, private schools, daycare, universities, dine-in restaurants, sporting events, organized sports, concerts, movie theaters, trips to the mall, amusement parks, public… Read more ⇢
The 2023 Bank Run & Housing

The 2023 Bank Run & Housing

With all of the rate hikes, something broke and it hit the banking system. Bank runs, banks closing, the FDIC, the Fed, and the U.S. Treasury are all in the mix. Read more ⇢
Orange County Housing Report: A 2023 Forecast

Orange County Housing Report: A 2023 Forecast

The year started off with an active inventory of 954 homes, the lowest level to start a year since tracking began in 2004. The average start prior to the pandemic was… Read more ⇢
The Orange County Housing Report: No Crash in Sight

The Orange County Housing Report: No Crash in Sight

December 12, 2022 / By Steven Thomas Demand, a snapshot of the number of new escrows over the prior month, decreased from 1,212 to 1,133 in the past couple… Read more ⇢
The Orange County Housing Report: No Bargains

The Orange County Housing Report: No Bargains

August 8, 2022 / By Steven Thomas IN COMPARING THIS YEAR TO LAST YEAR, THE HOUSING MARKET IS PROFOUNDLY DIFFERENT WITH HIGHER MORTGAGE RATES, MORE AVAILABLE HOMES, MUCH LOWER DEMAND, AND… Read more ⇢
The Sky: Not Falling

The Sky: Not Falling

By Steven Thomas / May 16, 2022 MANY ARE JUMPING TO EXTREME CONCLUSIONS ABOUT THE IMPACT OF HIGHER RATES, HIGH INFLATION, AND A POTENTIAL RECESSION ON THE HOUSING MARKET. A SELLER’S… Read more ⇢
Orange County Housing Report: Housing Cracks

Orange County Housing Report: Housing Cracks

By Steven Thomas / April 18, 2022 EVEN THOUGH HOUSING IS INSANELY HOT, TRENDS HAVE EMERGED THAT CONFIRM THE ORANGE COUNTY HOUSING MARKET IS STARTING TO COOL. Incredible, relaxing, memory-filled vacations… Read more ⇢
Out of Control

Out of Control

Written by Steven Thomas // March 21, 2022 WITH THE NUMBER OF AVAILABLE HOMES TO PURCHASE AT EXTREMELY LOW LEVELS, THERE SIMPLY ARE TOO MANY BUYERS COMPETING AGAINST EACH OTHER AN… Read more ⇢
Will it Slow in 2022?

Will it Slow in 2022?

By Steven Thomas / February 22, 2022 HOUSING HAS ONLY GROWN HOTTER DESPITE MORTGAGE RATES RISING CONSIDERABLY SINCE RINGING IN THE NEW YEAR,  INDICATING IT WILL TAKE FURTHER CHANGES FOR THE… Read more ⇢
Going, Going, Gone!

Going, Going, Gone!

By Steven Thomas // February 7, 2022 WHEN A RECORD LOW NUMBER OF AVAILABLE HOMES IS MATCHED WITH FIERCE PENT-UP DEMAND, IT RESULTS IN AN AUCTION WHERE HOMES SELL IMMEDIATELY AND… Read more ⇢
Rising Rates vs. No Inventory

Rising Rates vs. No Inventory

January 25, 2022 // By Steven Thomas There are two opposing economic forces impacting the housing market right now.  Rising mortgage rates and a record low supply of homes available to… Read more ⇢
Avoid These Earnest Money Mistakes

Avoid These Earnest Money Mistakes

When it comes time to put an offer on a home they love, many buyers will include an earnest money deposit. This demonstrates to the seller that the buyer… Read more ⇢
Orange County Housing Report: Housing Insanity When Will it End?

Orange County Housing Report: Housing Insanity When Will it End?

By Steven Thomas / November 1, 2021 The residential resale housing market has been at an unrelenting, torrid, insane pace since July of last year, and, seemingly, nothing will slow it… Read more ⇢
Orange County Housing Report: Luxury Soars

Orange County Housing Report: Luxury Soars

By Steven Thomas / October 18, 2021 In June of last year, housing climbed out of the COVID lockdowns and resurfaced firing on all cylinders.  It was as if someone had… Read more ⇢
Last Call for 2021

Last Call for 2021

By Steven Thomas // October 4, 2021 Before the blink of an eye, everyone will be gathering for a day of gratitude, family, feasting, and football.  That is correct, Thanksgiving is… Read more ⇢

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