The market continues to be busy in the lower end of the price range, and bank-owned and short sales are making up about 61% of all closed sales in Orange County. Today, there are a total of 11,577 homes for sale in Orange County. Of those, 4783 (42%) are labeled as either bank owned or short sales. …
Category Archives: Short Sales
Orange County Real Estate Market Improvement!
The market for homes in Orange County, California, finally seems to be waking up from a long slumber. While the closings for May didn’t set any records, the new pending escrows have improved substantially in the last month. When evaluating the overall market in Orange County, I look at all cities, and residential (not multi-unit…