Orange County Housing Market Trends: How Low Inventory and High Demand Affect Prices

In this episode, we explore the resilience of the Orange County housing market amidst high interest rates and affordability challenges. Despite decreased demand and affordability issues, home values have continued to rise due to low inventory levels and strong homeowner finances. We'll discuss the current market statistics, including inventory levels, demand percentages, home values, and market times. Key insights for both buyers and sellers in the regular and luxury markets will be shared, emphasizing the importance of accurate pricing and timely actions. Stay informed with these critical updates and learn how to navigate the ever-changing housing market effectively.

00:00 Orange County Housing Market Overview
00:12 Current Inventory and Demand Trends
00:32 Home Values and Pricing Strategies
00:48 Market Time and Seller Tips
01:12 Buyer Strategies and Luxury Market Insights
01:37 Conclusion and Expert Advice