March 2022 RSS Feed

Found 2 blog entries for March 2022.

Orange County Housing Report:  Out of Control

With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other.

 

An Insane Market

When the Expected Market Time drops below 40-days, the Seller’s Market shifts from “hot” to “insane,” and today it is at 20 days.

A three-bedroom, two-bathroom, 1,500 square foot home on a 10,000 square foot lot, built in 1972, was placed on the market on the first Wednesday of February at $999,000. There was a line going down the street to view the home during a three-hour window on Saturday and a three-hour window on Sunday. By Sunday evening there were more than 20 offers submitted to the listing agent. The seller countered to all offers and…

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Orange County Housing Report:  Coming Up… Spring

 

Many mistaken the Summer Market as the busiest time of the year for housing,  yest it is the Spring Market that is home to the most real estate activity year in and year out.

The Spring Market

More homes come on the market during the spring than any other time of the year and demand reaches a peak. 

Spring is just around the corner. The days are growing longer, temperatures are slowly rising, trees that had lost their leaves are blanketed with new buds about to burst to life. Spring officially begins on Saturday, March 20th, and it is also the start to housing’s Spring Market, the busiest time of the year for housing. 

More homes are placed into escrow during the Spring Market than any…

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