Listing inventory is dropping as more sellers opt to throw in the towel.

Active Inventory: Peaking in October after climbing for over seven months, the active inventory is dropping due to sellers withdrawing their homes that have sat on the market too long.

This time last year, the …

While the active inventory did drop over the past month, the rate is still much lower than the annual average for this time of year.

Pricing is Everything: Many sellers are seeing their home sit on the market longer because they want to hold out for a higher price.

Many buyers tire from too much competition and opt to wait, but

it has proved to be the wrong decision.

Waiting to Buy: Buyers who have opted to wait a year ago are looking at monthly payment increase of 25% for the median priced detached home today.

With the inventory rising and demand slowing, the expected market

time has been increasing.

Expected Market Time: With an expected market time of 2.7 months, Orange County has not seen these levels since January 2012.

Orange County housing is moving away from a sizzling hot seller’s …

The housing market can be frustrating for a buyer, so patience is essential.

Buyers Approach: The market is getting a little bit better for buyers, but it is still nuts.

Since mid-March the active inventory has increased and so has the expected market time. For homes price …

Distressed Sales: Foreclosures and short sales combined only account for 4% of the active listing inventory.

Foreclosures and short sales have a much smaller roll in today’s Orange County housing market. In February 2012 they made up 47% of all closed sales, 29% were short sales and 18% …

First in our six part Coastal Living series, focusing on the beautiful coastal communities of Southern Orange County, California

Sometimes the kids need a little more than just a day at the beach to run off energy. So where can you go to feel some of those ocean breezes …

New neighborhoods are going up, and builder confidence hits 6-year highs

New homebuilders had a pretty good run during the early 2000’s. Beautifully planned communities were sprouting up everywhere throughout Southern California, with many selling out months before they even broke ground. It seemed like the buyers would always …

With very few homes for sale, the market has been extremely challenging so far this year.

A Tight Market: Just about everything placed on the market is flying into escrow; there just are not enough homes coming on the market.

Everybody is frustrated. Buyers write offer after …