Real estate blog entries tagged with orange county housing by Nancy Moeller (Seven Gables Real Estate)

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Home : Blogs : Nancy Moeller : Nancy's Blog : Tag "orange county housing"

orange county housing: Another 7% Drop in Home Prices - 10/17/11 10:23 AM

According to DS News reporting on the report issued by Barclays Capital last week, home prices are expected to drop another 6 - 7 percent over the coming winter months. Following the probable “triple-dip” in the first quarter of next year, Barclays says home prices will “rise very gradually.”
In Southern California, we have returned to an equilibrium between the after tax cost of home ownership and the cost of renting. However, with over 4 million homes nationwide either in foreclosure or seriously delinquent, plus millions more simply upsidedown, additional price declines seem unavoidable as discounted REO and short sale inventory will continue to … (2 comments)

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Nancy Moeller

Anaheim Hills, CA

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Seven Gables Real Estate

Address: 5481 E Santa Ana Cyn. Rd , Anaheim Hills, CA, 92807

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