Orange County Housing Report



After a hiatus due to the Coronavirus, professional baseball, basketball, and hockey returned to empty stadiums and arenas.  For sports enthusiasts, it was a welcome distraction to COVID-19 and the daily news.  Hockey is in the midst of the Stanley Cup playoffs and down to the conference finals.  The high intensity play is reminiscent of the Winter Olympics where hockey players around the world compete for the gold.  One of the greatest moments in hockey history occured during the 1980 games, the “Miracle on Ice,” when the United States defeated Russia by scoring two goals in the final period.  Despite Russia being heavy favorites, stacked with experienced, professional players, and winning five of the previous six Olympics, they lost to the United States whose roster was filled with amateurs and was the youngest of the twelve competing teams.  The game was memorable and completely unexpected.

Life is full of unexpected events.  Just like the “Miracle on Ice,” this year’s housing market has surpassed just about everybody’s expectations.  Demand has been off the  charts, the highest in years.  The active listing  inventory has remained at unbelievably low levels for this time of year.  Multiple offers are the norm.  Home values are on the rise.  Homes are quite literally flying off the shelves.  Luxury housing has also beat everybody’s expectation and has been surging at a record pace.



This excerpt taken from an article written by Steven Thomas
Quantitative Economics and Decision Sciences, B.A.

Excerpt taken from a report by Steven Thomas

Quantitative Economics and Decision Sciences, B.A.

About the Author

The real estate industry continues to evolve, and I pride myself on being on the cutting edge, finding new ways to work with clients to achieve their real estate goals.

My real estate experience coupled with insight of industry trends ensures that I stay one step ahead of other realtors. I enjoy making sense of the complex real estate market in Southern California, and look forward to teaming with you and exceeding your expectations.

My passion for winning stretches back to my time playing professional baseball, and I know that hard work pays off-let me hit a home run for you! I’m committed to delivering your dream home or selling your current property at a winning price.

Affiliations: California association of Realtors, National Association of Realtors, Relocation Specialists.