Just a quick look at where the inventory currently is at in Orange County California for today 8/25/09.
Active Properties: 8848 = 3.36 Supply
Closed Escrow: 7573 in the last 90 days
As you can see the inventory is extremly low. Demand is high, inventory low, which we all now means pricing should be inching up. Of course, new to this phenom is the number of distressed properties.
What does the market need. Equity Sellers! If you are considering a move up, now is a great time to advantage of the low inventory, high buyer demand and low interest rates, call Kelly today.