Home Supply Continues to Improve as New Active Listings Have Increased by Double Digits

Home Supply Continues to Improve as New Active Listings Have Increased by Double Digits



Home supply continues to improve as new active listings have increased by double digits for the fifth consecutive month and homeowners ready their home to list on market.

With inflation showing more evidence that it has resumed its declining trend, the Fed is expected to cut rates later this year, albeit at a more moderate pace. The moderation in rates, coupled with recent improvement in housing supply, should lift the market sentiment up and could create an opportunity for buyers to re-enter the market before the home-buying seasons peaks.

As always, please reach out if you have any questions or comments with your local market.

What's the single most appealing attracter of wealthy people? Tax savings! JPMorgan Chase has attracted more than $15 billion in assets from wealthy clients to its tax strategy business, where clients looking to lower tax bills sell stocks at a loss as a write-off against other gains, a tactic common in separately managed accounts (SMAs) known as tax-loss harvesting. (FT)
The cost of owning a home in the US has increased 26% since 2020, as expenses including taxes, insurance and utilities all soared during a period of high inflation across the economy....that averages about 5.95% per year. (BLOOMBERG)
Solar Neighborhood? What to do with lots of unused blighted land? Detroit is converting over 200 acres of unused land into solar farms that will produce enough energy to offset the electricity used currently by 127 municipal buildings. (Crains)
Waymo - the driverless robotaxi company that operates for all users in Phoenix and is available in limited capacity in Los Angeles and Austin, Texas - has driven about 20 million fully autonomous miles and nearly 2 million paid ride-hail trips. It has already logged 3.8 million rider-only miles in San Francisco as of the end of March. (CNBC)

In the U.S., nearly 30% of recent homebuyers are single. (NAR)

Nearly 57% of America’s available housing inventory is located in the southern parts of the US, also the highest concentration of more affordable options. Expect people - and corporations intent on fueling profit via lower costs to do business and house employees - to focus on these areas. (Realtor.com)



  1. Don't educate your children to be rich...educate them to be happy so when they grow up, they will know the value of things and not the price.
  2. Eat your food as your medicine, otherwise, you have to eat medicine as your food.
  3. The 6 best doctors in the world are:  Sunlight, rest, exercise, diet, self-confidence and friends. Maintain them in all stages and enjoy a healthy life.
  4. If you just want to walk fast, walk alone, but if you want to walk far, walk together.
  5. The ones who love you will never leave you. Even if there are 100 reasons to give up, they will find one reason to hold on.

SoCal Home Sales at 19-Month High
The Southern California real estate market is red-hot, with home sales recently reaching a 19-month high as sales prices reach a new all-time record. Additionally, Orange County leads the pack for median home price at $1.2M.
Click here...

il Barone Ristorante
Franco and his wife Donatella dazzled Southern California diners for years at their former il Barone Ristorante...and they're doing it again!  After a few short months, their newest location on West Coast Highway has gained wide appeal and a stellar reputation.   Named one of the great chefs of Orange County, you could say Chef Franco has the right recipe for success when it comes to preparing the finest Italian cuisine in Southern California. Blending traditional family recipes and fresh seasonal ingredients, the exquisite menu will keep you coming back for more.
Check it out...

Celebrate the 4th of July!

Patio Pavers & Outdoor Spaces
Offering a wide variety - stone, concrete, brick, or tile - pavers blend form and function in any outdoor living space. This material also has a ton of flexibility and can be used in small spaces or cover an entire patio or backyard. It even suits a variety of budgets. Graphic, textural, and sometimes colorful, these paver patio ideas will easily redesign your outdoor space.

113 Via Yella, Lido Isle

4 Bed | 3 Bath | 1866 Sqft | Call for Details

Recently remodeled, this Spanish-inspired home highlights timeless architectural details and embraces modern coastal flair.

108 Via Undine, Lido Isle

4 Bed | 4.5 Bath | 3508 Sqft | $5,800,000

108 Via Undine features a spacious backyard unlike any other on Lido Isle.
Situated on an oversized 53’ lot, this recently remodeled home embraces indoor-outdoor living.


510 Via Lido Soud, Lido Isle

3 Bed | 3 Bath | 2104 SqFt | $15,000/month

Offered fully furnished, this beautiful home is ideally situated on an oversized corner lot.
Call for details


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COMPASS · 520 Newport Center Dr., #330 · Newport Beach, California 92660 · USA

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Leslie Thompson's detailed approach and dedication are unsurpassed. Clients depend on her personalized service and recognize that her innate skills consistently deliver exceptional results. Whether you're looking to buy or sell, Leslie looks forward to helping you reach your real estate goals with utmost care.

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