South OC foreclosures are selling almost as soon as they hit the market. Market time has dropped to about 1 month. Most foreclosures, (REO's) are realistically priced and buyers are not getting the massive discount they think they can, usually there are multiple offers within a few days of hitting the MLS and websites like www.ZipRealty.com  And many are selling above list price!

Just in todays OC Register, according to Steve Thomes of Altera, demand is running 70% above a year ago!