Demand Up 5%…..

August 16, 2011

Tax Credit Hangover?

The Orange County real estate market continues to follow a typical cycle as we near the end of summer. The numbers are not typical compared to some years past, but, the seasonal pattern is normal, and is so without buyer tax credits and the like to provide artificial support. We still have a long way to go before we will fully understand the real estate markets “new normal”; however, it appears that the basic dynamics are still in place.

For more in depth analysis of the current Orange County housing market please continue on to the full Orange County Housing Report

Photo Credit: geishaboy500

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