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Each month I update my Local Market Conditions reports around the 15th of the month. (This allows for the lag time between actual recorded closings and the time that the listing agents update the final numbers for the sales.) I will include information by area of the total number of homes or condos sold during the preceding month, the current inventory levels, and a summary of the remarks that hear about buyer or seller attitudes from all the agents that I communicate with.
The Reports are currently available on: Aliso Viejo Lake Forest Mission Viejo Rancho Santa Margarita
I will be adding the Reports for Foothill Ranch, Portola Hills, Trabuco Canyon, Laguna Hills, and Ladera Ranch in the next few days, so check back!
To be notified as soon as the new reports are available, please sign up for my FREE monthly Real Estate Update Newsletter. (Just click here and hit “send.”)
Another good source of housing market news is available at the DataQuick site. Click here for Orange County Statistics or here for Southern California market article or here for California Foreclosure article.
For a look at the National Housing Market, I like to read David Berson’s “Housing and Economic Reports”. He is the Vice President and Chief Economist of FANNIEMAE. Click below for his latest: Weekly Update Monthly Update.
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