14-03-2018 17:37 via ocregister.com

Surprise! Orange County homes selling 2 days slower vs. ’17

Orange County homes for sale are taking two extra days to go from listing to escrow, a new report shows.
ReportsOnHousing tracks homebuying patterns found in real estate broker networks: supply (active listings); demand (new escrows in past 30 days); and “market time” (a measure of selling speed of days it takes a typical listing to enter escrow).
As of March 8, market time was 55 days vs. 53 a year earlier and an average 56 days in 2013-2017.
Selling speed slowed because supply &mda
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