GREAT Media News
 
If you don't already have one, go out and get a copy of the Orange County Register today (06/02/2008).  Go to the Marketplace section on page 11.  GREAT article on the demand for Orange County homes now being above the 2006 demand.  The article also states the "market time" or time it would take to sell all the homes for sale is now at 5.6 months.  One year ago this figure was 8.8 months.  On page 12 is another article about economists now see Orange County homes as "undervalued"!!!

OC Register Article "Demand For OC Housing Now Passing 06 Pace"

Oc Register Article "OC-Homes Seen Undervalued 1st Time Since 03"

How Does This Affect You ?
 
It is important that people believe that Orange County and LA County home prices have stabi­lized.  Once this happens more buyers will come into the market as they will fear prices going up instead of down.  Many people are still talking about a continuing easing of prices but re­member there are pockets in Southern California that will be weak for a while.  Some areas of Riverside and San Bernardino will remain soft for several more months.  As more and more positive articles come to print people will buy homes and as people buy homes the news from the media will get better and better.  It is our job in real estate to get the word out.  Pass this news along to as many people as possible.
 
 
 Have Questions?  Call Kevin Hottmann (714) 988-1725 Office , Kevin.Hottmann@century21.com Email