David Deem 714-997-3486 Dave@DeemTeam.com     ·        The active listing appears to have reached a peak a couple of weeks ago with a 39 home drop, or 1%, and now sits at 4,030 homes. In July, there were 19% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 721 fewer. Last ye ar, there were 2,528 homes on the market , 1,502 fewer homes, or 37% less . The 3-year average prior to COVID (2017 to 2019) was 6,723, or 67% more. ·        Demand, the number of pending sales over the prior month, increased by 37 pending sales in the past two weeks, up 2%, and now totals 1,849. It is still the lowest reading for mid-August since 2007. Last year, there were 2,694 pending sales, 46% more than today . The 3-year average prior to COVID (2017 to 2019) was 2,574, or 39% more . ·        With supply falling and demand rising , the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, decreased from 67 to

David Deem 714-997-3486 Dave@DeemTeam.com ·        The active listing inventory is approaching a peak and rose by only 28 homes in the past couple of weeks, less than 1%, and now totals 4,069 homes, its highest level since October 2020. In July, there were 19% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 721 fewer. Last ye ar, there were 2,528 homes on the market , 1,549 fewer homes, or 38% less . The 3-year average prior to COVID (2017 to 2019) was 6,753, or 66% more. ·        Demand, the number of pending sales over the prior month, increased by 119 pending sales in the past two weeks, up 7%, and now totals 1,812, its largest rise since the start of March. It is still the lowest reading for a start to August since 2007. Last year, there were 2,809 pending sales, 55% more than today . The 3-year average prior to COVID (2017 to 2019) was 2,630, or 45% more . ·        With supply only rising slightly compared to the jump in demand , t