07/01/2025
Okay, this is driving me crazy.
I keep getting asked the same question everywhere I go: "Alex, should we be worried about real estate right now?"
So I did what any normal person does... I spent way too much time reading every article I could find 😂
The confusion is real, you guys.
👉🏽 Zillow says buyers have more negotiating power than they've had since 2020.
👉🏽 Realtor.com is reporting inventory at five-year highs, with 19% of homes getting price cuts.
👉🏽 Our local OC Register says inventory jumped 59% but sales dropped 14%.
No wonder everyone's confused!
Here's what I'm actually seeing down here in Orange County, it's not nearly as dramatic as the headlines make it sound.
Yes, there are more options than last year, but we're still way below what a "normal" market looks like. And in certain price ranges, things are still moving fast.
The reality is every market is different. What's happening nationally, or even in other parts of California, doesn't necessarily apply to what's going on in my backyard.
This is what happens when I have opinions about everything and access to the internet. You're welcome for my unsolicited market analysis. 😂