About this document
OCHousing May DRA 26 by cindycroda is a document available to read on EtoBox.
The Orange County Housing Report highlights ongoing affordability challenges due to elevated mortgage rates and rising home prices, with the monthly payment for a median-priced home consuming 71% of the median household income. Buyer demand remains low, with current pending sales at 1,667, significantly below the pre-COVID average of 2,765. The active listing inventory has increased by 4% to 4,475 homes, while the Expected Market Time for selling homes has risen to 81 days.
- Author
- cindycroda
- Language
- EN