Manage episode 191694032 series 1280679
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I’ve got a market housing report to share with you today that will provide you with all the statistics you need to know about the real estate market whether you’re buying, selling, or investing.
If you’re a buyer out there, your competition is fierce. We continue to have very low inventory. The fact that homes are consistently selling in under 60 days puts us into a strong seller’s market throughout Orange County. There are currently 1,077 fewer homes on the market now than there were at this time last year.
If demand remains strong and inventory continues to drop, we will start to see more and more multiple offer situations with well-priced homes. These homes will sell well above asking price.
If you have any other questions about your specific area of the market or anything else related to real estate, give me a call or send me an email. I would love to hear from you soon.