As of April 2^nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Laguna Hills totaled 202 homes (condos, townhomes and single family homes).  This is down 73 homes from February 2008 with a total of 275 homes on the market.  We have seen a nice pick up in Orange County home sales in February and March of 2008.

The inventory numbers are holding steady which is a good sign for the market.  The FED cut interest rates by .75 basis points in March.  This will help keep interest rates fairly low as the bond market decides what to do next.  The new conforming loan limits were announced in March.  The new conforming loan limit is now $729,750.  This will definitely help buyers and sellers in the Orange County housing market.  The former conforming rate was $417,000 which was well below the median priced home of $530,000.

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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SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/