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OCTOBER 2026 l IRVINE REAL ESTATE + COMMUNITY UPDATE
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ORANGE COUNTY MARKET UPDATE - Orange County’s housing market is facing renewed pressure as mortgage rates climbed from 6.75% to 7.5% in just six weeks. As a result, buyer demand dropped 18% pending sales over the same period, signaling a slower market as affordability challenges grow.
ATTENTION BUYERS - More Options, Room to Negotiate. Orange County inventory currently stands at 4,924 homes, down just 0.6% over the past two weeks, giving buyers more options as homes take longer to sell. With demand slowing, this may be an opportunity to negotiate on price and terms, especially with motivated sellers, before inventory typically declines during the holiday season.
ATTENTION SELLERS - Strategic Pricing Matters More Than Ever. Orange County buyer demand has dropped 15% in just four weeks, reaching 1,249 pending sales, which is its lowest October level since 2007 as mortgage rates hover around 7.5%. For sellers considering a move, pricing competitively and presenting a home well from the start can help attract serious buyers before demand weakens further.
Included below is your Irvine Real Estate Market snapshot. I am your local resource for all your real estate needs. Referrals are always appreciated.
- Ellie Yung, Your Orange County Real Estate Specialist
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July 2026 - October 2026 (4-Month Look Back)
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September 2025 - September 2026 (12-Month Look Back)
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STUNNING CORNER UNIT With Nearly 7% Gross Rental Yield! One of the Largest Models in the community, this spacious 1,243 SQ FT home offers gorgeous views of the community pool, a Private Gated Entry, and a bright, OPEN FLOOR PLAN with abundant natural light and stylish modern touches throughout. An exceptional opportunity for both First-Time Buyers and Investors, with RENTAL INCOME POTENTIAL that makes this property particularly attractive. A DETACHED TWO-CAR GARAGE provides ample parking and storage. Enjoy the sparkling Community Pool and Spa just steps from your front door. Ideally located near Costco, 99 Ranch Market, movie theaters, tons of restaurants and shopping, grocery stores, gas, and hiking trails, with easy access to the 71 Freeway. Zoned for AWARD-WINNING CHINO HILLS SCHOOLS.
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RARE OPPORTUNITY TO OWN THE LOWEST PRICED POOL HOMES IN THE GROVES AT ORCHARD HILLS! This stunning DETACHED LUXURY HOME sits on a premium 5,200+ sq ft lot at the end of a quiet street with NO NEIGHBORS ON ONE SIDE, offering privacy and exceptional value in one of Irvine's most desirable guard-gated communities. This home offers luxury, functionality, and energy efficiency. Ideally located within walking distance to community parks and pools, and close to Orchard Hills School, HOA amenities, Orchard Hills Shopping Center, Pavilions, and dining options. A rare opportunity to own one of the LOWEST PRICED POOL HOMES in The Groves at Orchard Hills, offering a premium lot, private resort-style backyard, flexible floor plan, owned solar, and an unbeatable Irvine location.
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Enter now for a chance to WIN our "Black Friday" Giveaway courtesy of Ellie Yung Real Estate & Coldwell Banker Realty.
$500 BEST BUY GIFT CARD | 14 Winners
$300 BEST BUY GIFT CARD | 13 Winners
$200 BEST BUY GIFT CARD | 13 Winners
$100 BEST BUY GIFT CARD | 45 Winners
Entry Dates will be from October 14-31. The winner will be chosen on or around November 1st!
GOOD LUCK!
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Gateway Village List Is OPEN!
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Gateway Village is one of the major new communities coming to North Irvine, and the official interest list is now OPEN. Homes aren’t available for purchase just yet, but getting on the list now could be an important first step for buyers who want to stay informed about future home opportunities.
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Enjoyed a four-day getaway to Maui, courtesy of Coldwell Banker, celebrating the top 1% of producers on the West Coast. It was wonderful catching up with friends and enjoying some well-deserved downtime without the kids!
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