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The housing market is settling but should experience its third-best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the NATIONAL ASSOCIATION OF REALTORS®.The South Orange County April 2006 sales statistics generally are consistant with this prediction, but when you look closely at individaul towns there is much disparity.Dana Point's inventory remained unchanged from April 2005 to April 2006. However, the sold listings are down 44% and market times have increased by 34%. Appreciation over the past year is merely 1%.Laguna Beach's inventory increased 27%, sales dropped 37% and … (1 comments)
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