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Orange County Housing Report
The active listing inventory
increased by a substantial 296 homes in the past two weeks, up 5%, and now
totals 5,730. Expect the inventory to increase from now through mid-Summer.
Last year, there were 5,623 homes on the market, 107 fewer than today.
Demand, the number of
pending sales over the prior month, increased in the past two-weeks by 51
pending sales, up 2%, and now totals 2,726. Last year, there were 2,914 pending
sales, 7% more than today.