Housing Growth in Orange County, CA

 Housing growth


Signs are pointing to Housing Growth in Orange County

Interest rates should remain steady & holding close to what has been seen over the past month. And these rates down 32 basis points from 4.46% just a year ago. When Rates are down sales go up. 8.6% Increase in sales for Orange County from April to May. In fact, National Association of Realtors (NAR) chief economist Lawrence Yun views May’s increase as a solid sign for improving home sales in the second half of the year saying that,  with low mortgage rates, more inventory and improved job creation.


We should be entering into a Prime Real Estate Market. More homes (with supply and demand) will mean more sales, prices should be more negotiable but still increasing on a positive note and first time buyers as well as home sellers moving up and downsizing will all benefit from this time of the year.


We are available to assist your every Real Estate Need so contact us at MarleneDietrich@Realtor.com or call 949-400-1021 & visit us at www.MarleneDietrichRealEstate.com

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