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OPPORTUNITY KNOCKS NOW!
For homeowners looking to sell in 2022, the window of opportunity is closing as inventory climbs, demand falls, and market times grow longer. The longer homeowners wait, the harder it will be to sell. The Orange County housing market already cooled substantially, and it will only continue from here.
BUYERS: BUYERS MARKET! The Orange County housing market is slowly transitioning to a Balanced Market, one that does not favor sellers or buyers and where home values are no longer climbing. Depending upon where mortgage rates are during the Fall, housing could even reach a Slight Buyer’s Market. However, home prices will not plunge as inventory is still very low and there is very little seller desperation.
SELLERS: OPPORTUNITY IS KNOCKING AND WONT LAST! Inventory will increase from now until the Autumn Market; demand will drop for the remainder of the year; and the market time will grow longer and longer. In today's Slight Seller’s Market, sellers get to call more of the shots, but there are fewer multiple offers and home values are not appreciating as fast as they have been over the past couple of years. The market is no longer instant and proper pricing is absolutely critical in finding success.
Included below is your Irvine Real Estate Market snapshot. I am your local resource for all your real estate needs. Referrals are always appreciated.
- Ellie Yung, Your Orange County Real Estate Specialist
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June 2021 - June 2022 (12-Month Lookback)
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Market Action Index (MAI)
Comparison rate of sales versus inventory
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The market has been cooling off consistently for several weeks, as more homes are available and there is less demand. We have begun to see prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
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To obtain a complimentary instant home valuation and quick peek at the market activity near your home, please click the button below.
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Listings by
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55 Bluejay, Irvine - Offered At $1,350,000
4 Bedroom | 3 Bath | 2,022 SqFt Living | 4,277 SqFt Yard
Open House Sat July 30th & Sun July 31st from 1-4pm
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Gorgeous home in the highly sought after community of Woodbridge in Irvine! As you enter the formal foyer, you will be greeted by the spectacular OPEN FLOORPLAN with SOARING VAULTED CEILINGS, hardwood floors, stunning staircase, and lots of NATURAL LIGHT. You will love the spacious sunken Living Room with a cozy fireplace that serves as a stunning focal point. The Living Room opens up seamlessly to the Formal Dining Room with sliding doors to a small courtyard. Gourmet Chef's Kitchen features granite countertops, stainless steel appliances, and lots of storage. There is a casual dining area off the kitchen that features a built-in mini bar, additional buffet for storage, and french doors to the backyard for indoor/outdoor entertaining. Convenient MAIN FLOOR BEDROOM and FULL BATH for guests! Escape upstairs to find 3 SPACIOUS bedrooms! Well appointed MASTER SUITE promises to pamper you in spa-like luxury. You will love the oversized Master Bath featuring DUAL VANITIES, separate shower, and his & her's closets. There are 2 additional bedrooms at the opposite end which share the guest bathroom. Convenient attached 2-CAR GARAGE! Entertain in the private serene backyard complete with spa, patio trellis, stone pavers, and mature landscaping!
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Coming Soon Listings by
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65 Derby, Irvine - Offered At $2,600,000
4 Bedroom | 4.5 Bath | 3,239 SqFt Living | 4,273 SqFt Lot
Open House To Be Announced - Estimated Late Summer
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Gorgeous CORNER LOT home in the highly sought after community of Padova at The Groves in Orchard Hills! Just built in 2018 and hardly lived in, this home features high ceilings, an open floorplan, MAIN FLOOR BEDROOM AND BATH, huge loft, and all bedrooms have their own En Suite Bathrooms. Don't miss this opportunity! More details to come!
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In Escrow by
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Recent Sales by
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What's New with ?
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July was my daughter, Zoe's, 9th Birthday! 4th of July Baby! We celebrated with brunch, a trolley ride, Dave & Busters, and fireworks to complete the night. I always say to her "stop growing" and her response is always "NEVER!"
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