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.…