WTF Dana Point: Ep.2 – What’s Next? 🤔🏡
WTF Dana Point: Ep.2 – What’s Next? 🤔🏡
Hey there! Welcome to WTF Dana Point (Weekly Trend Forecast) where I dive into last week’s real estate data to give you a sneak peek into where things might be heading. Whether you’re a potential homebuyer or seller in the Dana Point area, you’ll want to pay attention to these numbers!
In this week’s update, we’re seeing demand slightly outpacing inventory with the Market Action Index moving from 35 to 36. Overall inventory dropped from 64 to 62, signaling a growing interest in Dana Point real estate. We’ve also got some interesting trends with price decreases sitting at 29%—right in the “normal” zone—and price increases hovering at 3%, meaning no crazy investor-driven demand spikes just yet.
Oh, and we can’t forget the FOMC’s latest rate cut! The 50 basis point drop might just nudge some buyers back into the market, but don’t expect them to dive in headfirst. We’re talking slow immersion here, folks. With more cuts on the horizon, now’s the time to consider your options if you’re thinking of buying or selling.
Whether you’re looking to buy or sell in Dana Point, the market’s heating up. Hit that subscribe button for more market insights, bad jokes, and a healthy dose of sarcasm every week. Have a question or prediction? Drop it in the comments below!👇
Let's chat! Schedule a no obligation seller, buyer or market consultation with me HERE ➡️ https://calendly.com/necochea-33/30min
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🤝Schedule a NO obligation SELLER, BUYER or MARKET consultation here: ➥https://calendly.com/necochea-33/30min
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