OC Housing Report
Sluggish, Yet No Slide AheadWith sky-high rates and a collapse in home affordability, many wrongly conclude that there will be a wave of foreclosures and it is…
Author: Tim Morissette
OC Housing Report
A Modest DecelerationAs rates have edged higher and higher this year, the housing market has been slowing down from its insane pace, and now homes are taking…
OC Housing Report
It’s a Cool, Cool SummerThe summer of 2023 has been characterized by a low inventory, homeowners unwilling to sell, low demand, and a low number of closed…
OC Housing Report
Affordability PredicamentEven though the housing market is hot once again, many buyers have been pushed to the sidelines due to the high mortgage rate environment.Today’s monthly payment…
OC Housing Report
Sum-Sum-SummertimeHousing’s Summer Market has arrived, and with it comes an increase in inventory, a slight decrease in demand, and a rise in the market time. Expect the Orange…
OC Housing Report
Challenges of Supply SituationThe inventory was falling from year to year before the pandemic, but levels have grown more acute post-COVID with a lack of forced selling…
OC Housing Report
Lower Ranges Fading AwayThe lower, entry-level price ranges have been slowly disappearing with far fewer closed sales and homeowners choosing not to sell their homes. There…
OC Housing Report
It’s the Final Countdown!The window of opportunity to take advantage of the Summer Market, the second best time of the year for selling, will soon be coming…
OC Housing Report
Values RisingDespite the high mortgage rate environment eroding home affordability, home values in Orange County have been on the rise after bottoming in December. The catastrophically low supply…
OC Housing Report
Different Flavors of the MarketThe Orange County housing market is not the same for every price range; some are hot, while others are not. The market…