Orange County Housing Report: Top 5 Trends
When there is so much noise swirling around housing, it is a good idea to take a step back and focus on the trends
Top 5 Housing Trends
With nearly half of 2021 in the rearview mirror, there are noticeable trends that have developed.
- The number of available homes to purchase is finally starting to rise. The unprecedented, ultra-low inventory has been the story for over a year now. At the start of last year, there already were not enough homes on the market, and then COVID-19 made things worse when many homeowners opted to not sell their homes. Ultimately, that led to this year’s anemic historically low level of available homes. In fact, today’s inventory is 64% less than the 5-year average…