OC Home Supply Reaches 7 Month Low

It would take approximately 7.5 months to sell all the homes listed in OC at the current sales pace – the lowest level of home inventory since last April. Even better news, there are currently 2,083 deals in escrow county-wide, up 109% since January. Most experts say the new conforming loan limit is having an impact, allowing more buyers into the market at lower interest rates.