Irvine, Tustin homebuying cools, sales tumble 14%

Homebuying in Irvine and Tustin fell 14 percent this summer vs. a year ago.
It was the slowest-selling third quarter in four years for Orange County’s housing market, as buyers balked at high prices and expensive mortgages while homeowners and builders boosted the supply of residences for sale.
Here’s what my trusty spreadsheet told me when looking at house-hunting patterns at the neighborhood level in 2018’s summer quarter vs. the July-to-September period a year earlier.
CoreL