December is traditionally one of the slowest months in real estate, but last month told a slightly different story. While the holiday season and high mortgage rates kept demand sluggish, closed sales picked up more than usual for this time of year. Mortgage rates remained stuck above 7%, making affordability a challenge for many buyers, yet the market showed resilience as the year wrapped up.
Sold vs. Or...
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Are you wondering if home prices might crash? Three structural forces explain why Orange County and Irvine home prices have stayed firm despite higher mortgage rates: a 15-plus year national underbuilding gap, the mortgage rate lock-in effect keeping existing homeowners from listing, and Irvine's master-planned-community structure that limits new infill supply.
Every Thanksgiving, someone at the table asks me how the housing market is doing. Here are the five questions that come up year after year - mortgage rates, home prices, inventory, sales volume, and the crash question - with structural answers for Irvine and Orange County, plus a June 2026 retrospective grading how the original 2025 predictions actually played out.
Zillow's own data shows Zestimates miss off-market homes by 7% nationwide - that is $105,000 on a $1.5M Irvine home. See two recent Woodbridge case studies and learn why a Comparative Market Analysis from a local Irvine expert is the only valuation you should trust.
By Debbie Sagorin, REALTOR® · Coldwell Banker Realty, Newport Beach
California DRE License #01411020 · ABR® · CNE · e-PRO® · Smart Home Certified · 22+ years in Orange County real estate · 400+ closed transaction sides (250+ in Irv...
Escrow is the neutral third party that holds your deposit, documents, and loan funds until every contract condition is met. Here's the full Irvine escrow timeline, what escrow can and cannot do, and Orange County closing costs explained.
Are you in search of a home that offers the perfect blend of elegance, comfort, and modern amenities? Look no further! Introducing a stunning SFR home located in the highly sought-after North Lake area of Woodbridge, Irvine. This exquisite home...