RealtyTrac recently listed those cities with the most foreclosures anticipated for 2013. Not one California location made the list, even those counties which had been amongst the foreclosure leaders in years past such as Riverside and San Bernardino counties. Compared to states like Florida, which had eight listings on the report, this is a landmark […]
Tag: North Orange County Market Report
Brea Home Prices Increasing The median home price in the city of Brea has risen from the same time last year. More specifically, home prices in Brea have steadily increased since 12 months ago but since November 2012 home prices have skyrocketed. Why? There has been a rapid drop in inventory levels across Brea. Simply, as the […]
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Brea Housing Inventory Plummets
Available Homes For Sale in Brea Drop The available active homes for sale in the city of Brea have dropped off dramatically. Since Summer 2012 active homes for sale in Brea have dropped almost 50%. This drop off has been quite painful for buyers looking to buy in Brea as they have struggled month over month to […]
Brea Local Market Update for June 2012 The market update is for June 2012 for the city of Brea, CA. Real estate statistics are taken June 2012 and comparing them how they were at the same time last year, June 2011. New listings fell 20.7% for the month of June. There were only 28 new […]
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Brea Local Market Update for May 2012
This market update is for May 2012 for the city of Brea, CA. Real estate statistics are taken from May 2012 and comparing them how they were at the same time last year, May 2011. New listings fell 10.7% for the month of May. There were only 25 new listings. On the flip side pending […]
Home prices. They’re everyone’s favorite indicator, and the headlines focus almost exclusively on this one metric. But prices leave much to be desired. They tell nothing about the market’s balance – whether overly saturated or in a competitive bidding environment. Historically-low mortgage rates, rising rents and strong investor activity have helped nudge certain areas and […]