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Jan 2009 - July 2009Many people wonder about the current conditions of Real Estate Market in Orange County CA. Here is the synopsis of last seven months Real Estate Activity. On the average, there has been a rise in the price particularly in median to lower price range home where there is a bigger pool of first time buyers and investors. Even ...
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There is a significant decrease in number of available homes for sale and increase in pending home sales in Orange County California. When comparing to the number of May 24th 2007, there were 16,238 active listings and only 3,001 properties in pending status, today’s figures are reversed, half actives and almost doubled pending sales. ...
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Sept. 2007 Unusual Month or Moment of Relief For Foreclosure Turmoil
It is the first time in last twelve months, that foreclosure curve for Orange County CA Real Estate had turned its direction. Although, it is premature to say if it is just an isolated monthly statistic or an early sign of stability but for sure it is reassuring
There are ...
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Still a Slippery Slope
By Nameet Dhaiwal Realtor
Orange County CA
September 15, 2007
Almost a year ago, default notices and trustee sales notices started to rise. Home sales were slower in 2006 as effects of decreased affordability caused by a sudden increase in home prices due to an ample availability of money. Towards the ...
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By Namneet Dhaliwal Realtor, Orange County CAJuly 12, 2007 The numbers are conflicting with the actual market value of homes.Many people look at the median sale price to gauge current real estate market trends. Median sales prices can be very deceptive as it only measures the middle point of properties sold above and below that price ...
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Brea Chem, Brea - Announcing a price reduction on CA-1519 Zachary Ct. in Brea. A 2,100 sq. ft., 3 bath, 3 bdrm,2 car attached garage 2 story single family home built in 1996, Now MLS® #P565661 $675,000 - Just Reduced - Best Price - Best deal for the buyer. Last closed sale at $715,000. So $40,000 ...
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Number of default properties in Orange County CA keeps on creeping up significantly every month, April 2007 being the highest when compared to last few years. April 2006 there were only 480 homes in default. We do not expect any decrease in these numbers any time soon as we have yet to see the effects of tightening lending practices ...
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March 2007, Month of Highest Notices of DefaultDuring last six months of Default Notices tracking March 2007 ranks the highest. There were 1241 homes into default a compared to 814 in Oct. of 2006. This is clearly a result of higher home prices and over spending by borrowers during last few years. Substantial drop in home sales in ...
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