Nancy Copca

Median Days On The Market #realtor #ocagent #homebuyer #homeownership #homesellers #ochomes #igvideo #housingmarket #realestate #information

The question many homebuyers are facing this year is, Why is it so hard to find a house? We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are so few houses for sale. When you consider the number of homes built in the U.S. by decade, the serious lack of new constr...uction is clear. The number of newly built homes is disproportionately lower than the rate of household formation, which, according to the U.S. Census Bureau, has continued to increase If you’re planning to buy this year, the key to success will be patience, given today’s low inventory environment. Let’s connect today to talk more about what’s happening in our area. #realtor #ocagent #homebuyer #housingmarket #ochomes #inventory #orangecounty

Fannie Mae, Freddie Mac, and the Mortgage Bankers Association (MBA) have all forecasted that total home sales (existing homes and new construction) will continue their momentum both this year and next. Here’s a graph showing those projections #realtor #homebuyer #home #realestate #buyahome #homeowner #homesellers

Given the option, most Americans would prefer to invest in homeownership than in stocks. Let's connect today if you're ready to enjoy the financial benefits of homeownership. LET'S CONNECT #realtor #ocagent #homebuyer #homeownership #purchase #homeowner #california #ochomes #realestate