Tis the season to SELL or BUY in Lake Forest, Orange County?

GraphHere is a chart of the number of S.F. Residences in Orange county.  You can see inventory levels (in green) for the last year.  If you are in the market to buy, we still have a large number of homes on the market with very competitive prices.  With rates at a 30-year low, it is a remarkable time to buy. 

 Need to sell first?  If you can handle the slight inconvenience, this would be the time to get your home prepared to put on the market later in November or December.  History shows that a good number of sellers will take their home off the market for the Holidays.  This means that there will be less homes to compete with.  That will firm up the prices and give you some extra cash to help you pay off your larger post-holiday credit card bills the same time you are closing escrow!

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