the GREEN sheet | Nov/Dec 2022

Echelberger Group


It's All About Change
A lot has changed in Talega’s real estate market since the year began, and more is on the way as we head towards the end of 2022. We moved from the hottest market in the community’s history to a very unpredictable one. I was reading a report that Orange County’s housing inventory is up 79% over last year. It’s hard to believe this figure when there are very few homes on the market and buyers are struggling to find the right property to purchase.
Currently in Talega, we have 18 active listings that include 7 attached homes and 11 single-family homes. There are only two homes under $2.28 million—the lack of choice is unbelievable when considering demand has dropped dramatically. To put things into perspective, last year at this time there were only two active listings in all of Talega. When you look at percentages, it seems dramatic, but we only went from two to 18 listings year over year. In past years when Talega had a balanced market, we had 45 to 65 active listings available.
Today’s low inventory is helping stabilize pricing and is keeping it from falling precipitously due to low demand. In past years, demand drops, inventory balloons and prices fall. However, the majority of owners today have a mortgage rate under 3.5% or own their home outright and have lots of equity. They can weather a storm comfortably so there is no panic in this market. Therefore, with few homes coming to market, the lack of competition equals firmer pricing from sellers. Expect this trend to continue through the first quarter of 2023.
Echelberger Group provides the expertise and resources necessary to make it easier for its clients. More than 20 years of experience in Talega and 52 years living in San Clemente, Doug and his team have an edge in local knowledge and connections. Echelberger Group provides a comprehensive range of services, from industry-leading technology—backed by its partnership with Pacific Sotheby's International Realty—and custom marketing strategies to regular updates and prompt communication that makes transactions efficient and stress-free. For more information, visit or call/text Doug at 949-463-0400.
We respect your time and we value your business. We know you could go anywhere for you real estate needs, and appreciate having the opportunity to serve you the best way we can.


We realize the purchase and sale of real estate property is probably one of the most important transactions that a person can make. We’ve built our business and outstanding reputation by helping our clients navigate through the process efficiently and professionally from start to finish.

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