Utilizing his Quantitative Economics and Decision Sciences background coupled with his years of experience in the real estate field as a REALTOR®, broker, and executive of a multi-office real estate franchise, Steven Thomas delivers a report that captures the true essence of the current real estate market.
Most economic housing reports analyze and discuss closed sales data, a look at the market through the rearview mirror. Closed sales are a reflection of pending sales that are put together 30 to 60-days prior to the closing. Reports on Housing’s report is a close look at supply and demand, the current listing inventory, current pending sale activity, and the expected market time for homes placed onto the market today. It is more of a current real estate market dashboard than a look in the rearview mirror.
“Every consumer, real estate professional, and analyst needs to understand the key differences in market conditions at a very local level. The Orange County Housing Report is one such report that I eagerly look forward to receiving. The report helps me digest and assess the latest developments in Southern California.”
Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®