Blip or bubble? Irvine, Tustin home sales tumbles 13%

Homebuying in Irvine and Tustin fell 13 percent from August through November vs. the same period in 2017 amid a steep countywide slowdown.
Once primetime selling season ended in Orange County this summer, house hunters balked. That created the slowest-selling August-to-November period in seven years. Culprits were high prices and expensive mortgages. Meanwhile, homeowners and builders boosted the supply of residences for sale.
Here’s what my trusty spreadsheet told me when looking at house