November 2020 RSS Feed

Found 2 blog entries for November 2020.

Orange County Housing Report:  

A Blazing November

With an extremely limited supply, this is the hottest November since 2012.

 

November 16, 2020

 

 

 Hot November Housing

With an Expected Market Time of 41 days, in the midst of November, the Orange County housing market is hotter than the Spring Markets of 2014 through 2019.

Just because everyone is sipping their favorite Starbucks latte from their recently unveiled holiday cups, does not mean that housing will slow this year. In fact, if a home is priced according to its Fair Market Value and is in great condition, it will procure multiple offers, a bidding war will ensue, and it will often sell for more than the asking price. Home values are on the rise. The difference this…

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Orange County Housing Report:   Season’s Greetings

November 2, 2020 

The holidays are knocking on the door, which will result in a drop in both the inventory and buyer demand. 

 

The Holiday Market
From now through the end of the year, the active inventory typically drops about 27% and demand drops by 31%. 

Daylight saving time just ended. Everybody got an extra hour of sleep, but it now gets darker earlier. In adjusting the clocks in the house, it marked the beginning of a new season, a season of preparation and festivities, the holidays. With Halloween 2020 in the past, it is time to get the holiday lists in order. Many are thinking, it is just too soon. It is not “officially” the holidays until the red cups arrive at Starbucks.…

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