NEWPORT BEACH, CA — In the event you browse Realtor.com, you will see the numerous beautiful Orange County Properties accessible for buy in late August. With indicators sprouting up within the soCal solar, it would not appear like the actual property market is slowing in Orange County.
That truth is confirmed in latest stories. The housing market in Orange County was the one main area to document a rise in pending gross sales from the earlier yr — the third straight annual acquire. in accordance with the California Affiliation of Realtors on Wednesday’s report.
The sturdy gross sales momentum that occurred through the peak home-buying season gave means in July as shrinking housing stock and waning affordability stifled pending house gross sales, which declined each from the earlier month and yr.