From SDA’s readout, it sounds like OC, same story. Volume is low, reasonably price homes are going though sometimes with mulitple-offers.
I suspect the primary driver is relative price. The market is really split about 80/20, were 80% have inane wishing prices and 20% have a competitve and attractive price compared to a year ago. Combine that to someone in the markket to buy and you got a home that is less expensive or about as expensive as last year and way better deal than 80% of the stuff that’s out there.
In the end, when it’s time to buy, for many, it’s almost as much a “must do” as when someone “must sell”. There’s plenty of rentals out there, but finding a reasonable SFRs for rent in an area you want is not easy.
