IS THE ORANGE COUNTY HOME SUPPLY SHIRINKING?

According to statistics compared to this time  in 2007 the supply of Orange County homes for sale is DOWN 52%; compared to "2 weeks" ago the supply is down 2%.

Even though we are experiencing a SELLERS market, prices are not appreciating.  WHY NOT?....Mainly because we are currently in a lender-controlled seller's market; short sales and lender owned properties currently have a monopoly on the market.

Share your thoughts with me.....

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

Keeping you informed about the Orange County real estate market, economy and life in the OC is what I'm committed to doing.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at Orange County MLS Home Search