David Deem 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory continued to rise, adding 238 homes in the past couple of weeks, up 6%, and now totals 4,041 homes, breaking past the 4,000-home level for the first time since October 2020. The rate of growth of the inventory as slowed. In June, there were 11% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 418 fewer. Last ye ar, there were 2,537 homes on the market , 1,504 fewer homes, or 37% less . The 3-year average prior to COVID (2017 to 2019) was 6,776, or 68% more. ·        Demand, the number of pending sales over the prior month, decreased by 17 pending sales in the past two weeks, down 1%, and now totals 1,693, its lowest level at this time of year since tracking began in 2004. Last year, there were 2,812 pending sales, 66% more than today . The 3-year average prior to COVID (2017 to 2019) was 2,578, or 52% more . ·        With supply rising and demand falling , th

  David Deem 714-997-3486 Dave@DeemTeam.com ·         The active listing inventory continued to surge higher adding 312 homes in the past couple of weeks, up 9%, and now totals 3,803 homes, its highest level since November 2020. In June, there were 11% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 418 fewer. Last ye ar, there were 2,528 homes on the market , 1,275 fewer homes, or 34% less . The 3-year average prior to COVID (2017 to 2019) was 6,708, or 76% more. ·         Demand, the number of pending sales over the prior month, decreased by 151 pending sales in the past two weeks, down 8%, and now totals 1,710, its lowest level at this time of year since tracking began in 2004. Last year, there were 2,761 pending sales, 61% more than today . The 3-year average prior to COVID (2017 to 2019) was 2,582, or 51% more . ·         With supply soaring higher and demand falling , the Expected Market Time, the number of days to sell all Orang