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orange county housing trends: Orange County Active Home Listings update - 08/11/08 07:48 PM
The active listing inventory has shed 398 homes in the past two weeks, bringing it to the lowest level of the year, 14,358. The inventory continues to buck the trend of growing through the Spring and Summer markets. Instead, it has remained just below the 15,000 mark for most of 2008 … (0 comments)

orange county housing trends: Orange County Pending Sales update - 08/11/08 07:38 PM
Total Pending Sales are now at 4,248, a decrease of 22 homes. Remember, this statistic is different than demand, which shows the prior month’s activity. These are TOTAL pending sales, including those that have been pending for months. Compared to last year, total pending sales are up 73%. The year over … (0 comments)

orange county housing trends: What’s happening to the Orange County housing demand in the higher price ranges? - 05/06/08 08:52 PM
The financial crunch is still impacting liquidity in the upper ranges.  Demand is off by more than 30% compared to last year for all homes priced above $750,000.  With demand off in the upper ranges by more than 30%, do not be surprised when the media reports a significant year over … (0 comments)

orange county housing trends: Orange County Foreclosure and Short Sale Market Report - May 1, 2008 - 05/06/08 08:50 PM
The volume of distressed homes in the lower ranges has provided the fuel for the decline in pricing.  77% of all distressed properties are priced below $500,000 and 94% are priced below $750,000.  Short sales and foreclosures now make up 36% of the current active inventory versus 35% two weeks ago.  … (0 comments)

orange county housing trends: Orange County Housing Market Update - May 1st, 2008 - 05/06/08 08:49 PM
Compared to last year, demand is stronger, there are fewer homes on the market and the expected market time is much lower.   The first time home buyer wave continues to grow and plant the seeds to an eventual recovery.  First time home buyers are fueling a surge in activity that continues … (0 comments)

 
Real Estate Agent: Garry Loss (The OC Coastal Group)
Garry Loss
Laguna Beach, CA
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The OC Coastal Group

Office Phone: (888) 622-8439
Cell Phone: (949) 235-3474
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Orange County California Real Estate News, Market Conditions, Economy, Tips for Buyers, Sellers, Homeowners and Investors and Thoughts and Musings.


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