Why Is Now a Great Time to Buy an Orange County Home?

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I have had a lot of people asking me what's going on in the Orange County real estate market. It's cooled down as of late, and now people are starting to consider buying or selling.

Ever since the market recovery, I've been telling everyone that October is a particularly good month for real estate. The peak of pending sales is in the spring, and the peak of closed sales is in the summer. However, in October there is a small window of opportunity, and this is because of the people that are willing to move during the Holiday break.

If you're planning on selling soon, you need to be priced very accurately. Buyers who purchase at this time are very serious, and they won't buy your home if it's overpriced. Your home will sit on the market and you'll end up selling for less if you try to overprice.

On the flip side, it's a great time to be a home buyer in Orange County. We are currently transitioning from a seller's market to a more balanced market, giving you more power as a buyer. For the rest of the year we'll see a balanced market, which means that you can buy a home for a very fair price.

If you need assistance buying or selling in Orange County, please don't hesitate to contact me. I would love to set up a meeting with you!