Orange County's Inventory Is Down 33 Percent

There is also a slight decrease in the number of new listings in the Inland Empire. Prices are definitely on the rise. We are seeing multiple offers on most of properties that are priced correctly. Our inventory are being snatched within weeks, not months.

One would think that would be the case... supply demand. So are they saying the demand isnt there right now so I am going to hold off listing? I guess if thatis the case there is some sense to it. If its not that (and that wont be the case for everyone) it makes you wonder

With inventory down (if it goes low enough) the prices will increase.

Tim, great news, and hopefully the market are rebounding!     Some homeonwers are finally putting homes on the market here in Denver, helping the shortage of inventory!

Tim -- we are seeing multiple offers and often over the asking price for some listings in our areas -- of course, you have hit location, proper presentation/staging and pricing in the right balance to achieve those results.  Otherwise, you will linger on the market and wonder why every other home is selling --- it's not magic but you must know how to create the aura of magic to help the  sales process.   

Tim~From what my bestfriend who is a realtor in Portland says, inventory is down there, as well. For me, I'm such a niche, with it being a lakefront/offlake vacation/fulltime/retirement community, I am seeing a much better year this year than last. Lots of listings, lots of buyers...now finding just the right property for the buyers has become my bailiwick.

Here's hoping you can ride another wave in California...hang on!

Well if inventory is down that is a good thing and hopefully it will spread across the country. Good luck and Happy selling