As we make our way into the New Year, (am I the only one who feels like 2016 whizzed by?!), the National Association of Realtors, The Mortgage Bankers' Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next.
As we can see, each is projecting sizable increases in home sales next year, and I believe that Irvine home sales will see the same increases.
The Irvine market is hot right now, with the seasonal low inventory. A house I listed for sale on Silkgrass, in the Woodbridge Windsor Estates tract, saw a lot of interest, and sold after less than a week on the market. We close escrow on about January 26th.
You can easily and instantly see your Irvine home's value here. Then, let's get in touch! I would love to chat with you.