July 2021 Orange County Housing Market Forecast
What to Expect in July and the Remainder of Summer
What’s been happening over the last few weeks?
-Inventory is rising - Up 8% in the last two weeks
-Demand is shrinking - Down 5% in the last two weeks
-Interest rates on the rise again but still hovering around 3%
-Mortgage applications are dropping (good indication that future demand over the next 30-90 days will continue to decrease)
So what does the rest of Summer look like for the housing market? Let's take a look 👀, click learn more now for my latest market update....