Home Sales and Prices Are Down in Orange County

Home Sales and Prices Are Down in Orange County

The Orange County home sales and prices are down which showes the weekness in the market. Prices dropped in November, spurring more buyers into action in the Orange County market. We are all seeing a counter to the usual trend sales are increasing in November and December.

The increase is not seen by the reporting agencies that look at the statistics showing the sales that are closed. We are seeing many more sales that have opened escrow. This could be a very good sign that the market may see a move to the positive.