Orange County Housing Report

Autumn Market

Expect less activity with fewer homes coming on the market and fewer buyers looking to find a home.

The kids have made their way back to their classrooms ready to resume another year of academic learning. Pumpkin Spice Lattes have returned to Starbucks®, and this year they added a new twist on the season, Apple Crisp Macchiatos. Leaves are starting to fall from high branches and blanket well-manicured yards. Autumn has arrived. It may not officially start until Wednesday, September 22nd, but all the signs are here.

These changes also indicate the start to the Autumn Market in Orange County. It begins around the end of August when the kids head back to their classrooms and ends a week before Thanksgiving, the start of the Holiday Market. It is no longer the “prime time” season for real estate. The Spring and Summer Markets are in the rearview mirror. Housing will now shift gears and transition to a slower time of the year. Despite how hot the market has been, this year will be no different. The inventory, demand, and closed sales will all fall, and the Expected Market Time (the time between hammering in the FOR-SALE sign to opening escrow) will not change much at all. Nevertheless, this will be the hottest Autumn Market since tracking began in 2004. 






Excerpt taken from an article by Steven Thomas.

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.