Real estate blog entries tagged with 2008 by Garry Loss (The OC Coastal Group)

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2008: What can we expect from the Orange County housing market in 2008? - 02/26/08 04:34 PM

With all of the attention at the federal level to righting the housing ship, the Orange County resale market will probably not follow the normal cyclical patterns of the best demand in Spring, followed by a little less demand in the Summer, followed by another drop in the Autumn, followed by … (0 comments)

2008: Orange County Housing Market Update - 02/26/08 04:30 PM

The beauty of up-to-the-minute data is that we know which direction we are headed REGARDLESS of the countless television stories and news articles. This report is a snapshot of the market today. In comparing it to prior snapshots, we can pinpoint trends that won’t reach the pages of a newspaper or … (0 comments)

2008: What can we expect from the Orange County housing market in 2008? - 01/26/08 08:07 PM

The market is going to continue to ramp up as we enter the Spring Market, from Super Bowl through May. The active inventory will grow, but at a much slower pace. We can expect market time to drop through March. As soon as the economic stimulus package is passed and the … (0 comments)

2008: Orange County Foreclosure and Short Sale update - 01/26/08 08:05 PM

Even with the passing of the economic stimulus bill, we will not be out of the woods because we still have to digest the large number of foreclosures and short sales currently on the market, with more to come. 25.7% of the current active inventory is either a foreclosure or a … (0 comments)

2008: Orange County Housing Market Update - 01/26/08 07:59 PM

As is customary for this time of year, the Orange County real estate market is beginning to rev its engine before we begin the Spring market. Agents are busy chauffeuring buyers around Orange County and open house activity had picked up. That has translated into offers being written and an increase … (0 comments)

2008: What can we expect from the Orange County housing market in 2008? - 01/07/08 12:47 PM

We can expect the Financial Crunch to continue to be felt through most of 2008. Demand for 2008 will most likely be off by about 20% overall compared to 2007, regardless of price range, with the small exception of homes priced above $2 million. With the financial crunch bearing down on … (0 comments)

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