Home Living Report – Orange County Real Estate News by Diego Loya The Real Estate market continues in the same stride from 2014. Home values continue to rise as inventory of homes for sale stay low and the demand from buyers stays strong. That being said buyers are no longer jumping at an open opportunity of a […]
Home Living Report – Orange County Real Estate News by Diego Loya The Orange County Real Estate market in 2013 has some big gains. Homes increased to it’s highest levels since 2007. A more stable and normalized market will continue in 2014 where home prices will stay strong and the buying market will stay fierce. […]
Home Living Report – Orange County Real Estate News by Diego Loya Home prices in Orange County have leveled off some for a couple of reasons. One, there is just less demand. Earlier this year there was a flurry of buyers looking to purchase a home but there are less buyers right now looking to […]
The shortage of inventory in the Orange County real estate market has created something of a buying frenzy. Recent survey results from the California Association of Realtors® show that 60% of all available property in the marketplace receives more than one offer. That is the highest percentage of multiple offer scenarios in over ten years, […]
The California Association of Realtors® recently reported a three-month supply of available property, a volume estimate so low that it is creating intense competition and bidding processes and driving prices northward. Orange County housing prices are increasing at rates and to levels that haven’t been seen since 2006. Interest rates remain at historic lows and […]
HOW LONG WILL NEGATIVE EQUITY LAST? * First American CoreLogic estimates that the typical U.S. homeowner who is in a negative equity position will not experience positive equity until late 2015 to early 2016. * In some depressed markets, the typical borrower in negative equity may not experience positive equity until 2020 or later. […]