Inventory is low in our Orange County market—here’s what this means for buyers and sellers.
Where are all the homes for sale? We’re in the early stages of 2020, and a lot of things seem to be predictable at this point, but there are some important developments in our Orange County market that you need to know. Inventory is low, but what does that mean for buyers and sellers? In today’s market update, I’ll answer this question and more.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure:
0:27—Where interest rates are headed
1:25—Prices are still going up, but how quickly?
2:33—What our massive inventory deficit means for buyers and sellers
3:45—A Halloween & Valentine’s Day analogy to help understand the state of our market
5:35—Why is inventory so low?
6:14—The best advice I can give to current buyers
7:40—Why now is an amazing opportunity for sellers
8:14—Wrapping things up
If you have any questions about our market or are thinking of buying or selling and would like to discuss your situation with me, don’t hesitate to reach out. As always, happy selling!