Orange County Housing Report: November Housing Heat Wave
With an astonishingly limited supply of available homes to purchase matched up with blistering hot demand due to record low mortgage Rates, the overall housing market in Orange County is insanely hot.
Hot November Housing
With an Expected Market Time of only 23 days, the Orange County housing market is hotter than it has ever been for this time of the year.
Housing has been dealing with an unrelenting heat wave of its own since last year. After coming out of the COVID lockdown protocols, the inventory dropped, demand soared, and housing reached record breaking temperatures from July through the end of 2020. It never cooled. In fact, the 37-day Expected Market Time reached in…