The Orange County housing market is not changing that much. What you see is what you will get for the rest of the year. 

Cruise Control: The inventory is increasing, demand is flat, and foreclosures and short sales are almost nonexistent. 

This year’s housing market is remarkably …

Despite extremely strong demand, the active inventory has doubled from last year’s historical lows.
Active Inventory: In the past month, the active inventory has increased by 9%.
In the first quarter of 2013, the active inventory in Orange County was at an unprecedented, extremely anemic level. The low was …

The Spring Market is finally here with stronger demand and sellers who are still in the driver’s seat.

A Seller's Market: with an expected market time of 65 days, it is definitely a seller’s market.
The Orange County Spring Market arrived late this year. It’s not because of the …

Waiting to purchase a home could be costly for buyers and move-up sellers.

Waiting to Buy: With interest rates poised to increase, waiting is not a good idea. With minimal expected appreciation in 2014 compared to prior years, the sense of urgency to buy is not as prevalent. Instead, …

The influence of foreclosures and short sales on the housing market is minimal.

Distress: foreclosures and short sales make up only 5% of the overall inventory.

It is amazing how often people ask about foreclosures. Buyers want to buy a foreclosure. Investors want to buy foreclosures. Shadow inventory? …

The Orange County housing market is finally shaking the effects of a slow Holiday Market and beginning its transition into a much busier Spring.

Demand: Demand increased by 31% in the past two weeks.

From Thanksgiving until mid-January, the real estate market was muted as buyers and …

Prices are currently not appreciating despite year over year and month

over month increases in the median sales price.

Median Sales Price: Don’t be fooled by reports of the median sales price.

Reports of the median sales price for last month are in and in Orange …

First, let’s take a look back at what happened in 2013 in terms of the inventory, demand, expected market time, and distressed properties.

Active Inventory: The inventory increased despite unbelievable demand.

The year started with an active inventory of 3,161 homes, the lowest point of the year. …

False expectations of the market breeds a huge throng of unrealistic homeowners.

Unrealistic Homeowners: Orange County seems to be home to a flood of homeowners who refuse to listen to professionals and ignore irrefutable market fundamentals.

Just like last year, Santa should have plenty of homeowners on his …

Good ol’ fashioned homeowners with equity have made a remarkable come back this year.

Equity Sellers: 92% of all closed sales in October were homeowners with equity.

The housing market used to be riddled with distressed sales, both foreclosures and short sales. Two years ago, 38% of …