Orange County Housing Expert Reports Dramatic Drop in Active Inventory of Homes for Sale

Orange County housing expert Steve Thomas reports that Active Inventory of Homes for Sale has been dramatically reduced.

• Started 2009 at 11,326 homes on the market.
• Reached 2009 peak of 11,606 by end of March.
• Continued downward trend and now at 7,381 homes, a 36% drop from this year's high peak.
• Homes for sale has dropped to levels not seen since December of 2005.
• During 2008 reached high peak homes for sale in March that year at 15,617.

So we have experienced a 52.7% decrease in number of Orange County homes for sale from high peak March 2008 to the present time.

 

see article - Orange County Housing Report: Happy New Year: a 2010 Forecast - click here for article.

 

We need more homes for sale on the Orange County market, especially those at and under $800k.

 

______________________

 

Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA.  Irvine Realtor.  CA DRE #01410855.  ExploreProperties@gmail.com.  Tel. 949-854-7747

 

                   

 

 

 

Posted via email from Explore OC Homes