Note:· This is only the second two week period this year that has seen the supply of distressed homes for sale drop.
· Distressed properties represented 40.0% of all homes listed for sale, down from 40.5% two weeks ago.
· Since Dec. 27 of last year, the number of distressed homes on the market has grown by 2,143, while the number of non-distressed properties has decreased by 2,912. (Read more on the supply of homes for sale HERE)
I have included a table to give the reader an idea of the state of the property listings in Orange County. Below is a look at various parts of the O.C. market as of last Thursday. The table includes the total inventory listed, the number of distressed properties listed and the percentage of distressed properties in each niche.
Adam Brett
800.977.ADAM
RE/MAX NOC
Fullerton, CA
www.Realtoradam.com
www.AdamsMLS.com
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