ORANGE COUNTY REGISTER BUSINESS SECTION 4/11/2010
Kelli Hart
“BUT THERE ARE STILL BUYERS…”
For the 22 business days ending March 15th, 165 homes in deep South County beach towns sold, up 34 percent vs. a year ago; while Laguna Beach, homebuying runs up 62 percent in a year. Purchases in the rest of the county are up 43 percent vs. 12months earlier.
ORANGE COUNTY REGISTER BUSINESS SECTION 4/11/2010
Jonathan Lansner
The “hardest” places to buy a home are Rancho Santa Margarita, Portola Hills and Foothill Ranch, all are at 1.2 months to theoretically sell all for-for sale homes at the current buying pace.
ORANGE COUNTY REGISTER BUSINESS SECTION 4/11/2010
Kelli Hart
Distressed homes now represent nearly 32% of the active inventory in Orange County compared to 37% a year ago (down 5 percent) however, the $2 million to $4 million market only represents 3.8 percent (22 out of 578 listings) and over $4 million only has less than 1 percent (3 out of 329 listings)
ORANGE COUNTY REGISTER BUSINESS SECTION 4/11/2010
Marilyn Kalfus
“FROECLOSURES ARE HOT SELLER’S MARKET”
The County low shares are. (properties in foreclosure) Seal Beach 1.9 %, Laguna Wood 6.9 %, Corona Del Mar 7.0 % and Laguna Beach at 8.4%
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