Most Homes In Orange County Above Water

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
https://activerain.com/droplet/4cVc

Most Homes In Orange County Above Water

 

We have seen the market improve over the last few years.  At the end of last year we had only 28,311 properties that were upside down.  To put that into perspective Orange County had over 54,000 fewer homes that were in trouble at the end of the year.  Or if you prefer only 1 in 20 homes were upside down.

Some might state, why do I care?  You should because it effect all of us and the market in total.  A stronger market gives us all a confidence that owning a home is worth while and a place to gain wealth.  It means that a homeowner can sell there home and walk away with some money to retire on or move up/down.  It give the homeowner more of a choice in what we can and want to do.

The good news is that the market keep getting better and better.  If you are thinking of your choices and need to know the value of your home call us for a free market analysis.

 

 

 

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Topic:
Real Estate Market Trends
Location:
California Orange County Mission Viejo
Groups:
Realtors®
Keller Williams 'Rainers
Orange County Real Estate
Outside Blogs
Market Reports
Tags:
under water mortgages
equity value up
more choice for homeowners

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Rainmaker
854,489
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Nice blog post Tim I really do like the post.  Have a great week

Mar 09, 2014 10:14 AM #1
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Mark.

Mar 09, 2014 11:12 AM #2
Rainmaker
2,190,577
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Same in Sacramento. In 2012, almost one out of every 2 sales was a distressed sale of some sort, foreclosure or short sale, in Sacramento. Today, that's dropped to about 10% of our active listings.

Mar 12, 2014 07:03 AM #3
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Elizabeth

Wow I hope that your market continues to improve.

Mar 12, 2014 02:56 PM #4
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Rainmaker
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Tim Lorenz

949 874-2247
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