Here’s the latest news from the Orange County housing market.
Do we have an inventory problem here in Orange County? If you’ve been following the news, you’ve probably heard that the biggest challenge in real estate today is the lack of supply. “Inventory crisis” is a term that’s been thrown around a lot, but we’re not truly having one. Today I’ll explain in detail what’s actually happening.
Feel free to watch the full video, or use these timestamps to browse specific topics at your leisure:
0:50 — A quick update on interest rates
1:49 — How rising rates will affect your monthly mortgage payment
2:47 — Why our “inventory problem” is more of a “days on market problem”
4:05 — What the narrative about our market should be, and my message for sellers
4:35 — Why we always recommend a strategy session, and my advice for buyers
5:20 — Wrapping things up
If you have questions about buying, selling, or anything else related to our housing market, don’t hesitate to reach out via phone or email. If you found value from this video, please feel free to share it with others. We look forward to hearing from you soon.