As of March 1st, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Laguna Niguel totaled 447 homes (condos, townhomes and single family homes).  This is down 10 homes from January 2008 with a total of 457 homes on the market.  We have seen a strong pick up in Orange County home sales in February after one of the slowest January's on record. 

Sales activity picked up right after the rate cuts at the end of January.  The FED is meeting again March 18th to announce the next rate cut.  The bond market is predicting another .50 basis point cut.  This will be an important rate cut because not only will we get another rate cut but we will get the new conforming loan limits for Orange County.  This should be another positive one - two punch with rate cuts and higher loan limits that should help stabilize the Orange County market place and Laguna Niguel home inventories.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

 

 

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Zen Ziejewski Laguna Niguel Real Estate

Laguna Niguel, CA

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Keller Williams Realty

Office Phone: (949) 282-2512

Cell Phone: (949) 922-2200

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My goal is to provide you with the most current real estate news, events, and statistics that effect the Orange County Real Estate Market.


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