Is the Orange County real estate market shifting? 🤔

Is the Orange County real estate market shifting? 🤔 Increased Inventory: Active listings in Orange County have risen by 31% in the past two months. Decreased Demand: Demand is down 9% year-over-year, mainly due to affordability issues and high mortgage rates. Slower Market Time: The Expected Market Time has increased to 81 days, the slowest pace since the 2020 pandemic lockdown. Join Rick and I on 'Straight Talk' as we discuss the increasing housing inventory and why a more balanced market could be great news for buyers! We also emphasize the crucial role of a full-time Realtor and lender in your home buying or selling journey. Plus, get updates on an upcoming event for estate and trust planning. Tune in for expert insights and practical advice! Meghan Shigo, Realtor Century 21 Affiliated DRE 01243803 #meghanshigo #meghanshomes #straighttalkwithrickandmeghan #realtor #realestate #housingmarket #anaheim