Inventory is Up-Here's the Data
According to Realtor.com, active listings rose 31.5% year–over-year, reaching 1.04 million homes-highest since July 2020.
Months of supply increased to 4.4 in April (up from 4.0 a year ago), pushing us toward a more balanced market (source: NAR).
Reports on Housing reports that 25% of Orange County listings had price reductions.
What This Means for You
Buyers: You’re in the driver’s seat. With more motivated sellers and greater inventory, now may be a great time to find your ideal home at a better price.
Sellers: Homes are still selling but only when priced right from day one. Overpriced listings are sitting longer and facing cuts. A smart pricing and marketing strategy makes all the difference.
And yes, interest rates are still high-but that’s exactly why negotiating seller-paid buy-downs and credits is more valuable than ever.
Let’s Talk Strategy
Thinking about buying, selling, or just weighing your options?
Let’s Talk! I’ll help you make a confident move based on today’s data and your goals.
Email me at info@previewochomes.com or Call 949-388-5194 and let’s come up with a strategy that fits your goals.
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