Real Estate News and Advice   
February 12, 2012

Search Realty Times
 

Setting goals? Tracking progress? Help has arrived.





Get more leads every month with Market Leader!







NEED HELP?

Click for Live Support


Call: 214-353-6980




  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Orange County, California

Reported by Keith M. Nichols, Broker, Realtor

Updated January 15, 2012.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

SellsOrangeCounty.com Your One Stop For ALL Your Real Estate Needs! OK, the market is softer than we have seen in Years!!
All MLS Listings on One Site! www.SellsOrangeCounty.com

All the Homes For Sale On ONE Site! www.SellsOrangeCounty.com Your Connection For Excellence In Real Estate!

Interest Rates are SO LOW & Values are awesome right now. Some of the banks have shortened the time for Short Sale acceptance down to 3 months. While that seems like an eternity, it is much better than the 6 to 12 months they were taking. Now don't be fooled, you will still need patience! The Short Sale market is growing as the REO inventory has been shrinking. NOW is the time to be pre-approved and out there looking! Call Keith Nichols at 714-417-1363 or do all your searching at www.SellsOrangeCounty.com where you can buy a house with a click of your mouse!

The sound fundamentals that make up the foundation of an active, strong, and increasing real estate market are coming into place. With the Spring market opening up all signs point to a brisk market for this year.

The slowing of the pace of price depreciation is actually a great sign of being able to sustain the market!

1--Interest rates are still very attractive and are expected to inch up over the next year.

2-There are more people who want to buy in the marketplace now.

3-There is low inventory by historical standards.

4-Banks and mortgage companies are starting to show confidence in the market and the ability to perform at high levels.

Homes that are improperly priced will not see great activity and mostly will stay on the market until the asking price is lowered to reflect true market value. What these homes actually do is help sell the homes that are well priced.



Location Characteristics: All MLS Listings on One Site! www.SellsOrangeCounty.com

Orange County has it all. From our Beautiful Beaches and Rugged Mountains to Fabulous Shopping and Dining. So whether your perfect day is spending time in the water or mountain biking we have it here. Maybe your perfect day is spending the day at South Coast Plaza or Newport's Fashion Island then going out to the South Coast Performing Arts Center. We have it all in Orange County.

For More Information:

View Market Conditions of other areas served by Keith M. Nichols

Navigate: Top > California > Orange County

About Keith M. Nichols:
When it comes to Your Money, it pays to know who you are dealing with! I am a Real Estate Broker, not just an agent. I have been selling Orange County real estate since 1989. I truly believe that my clients needs and goals come before all other considerations. You can count on me to give you the information you need to make the decision that is right for you!

I have been a top selling Realtor for over 20 years. While I focus on the Huntington Beach/Fountain Valley areas I know all of Orange County. Being a Southern California native, I grew up playing on our beaches, exploring our mountains and canyons. There is no better place that I can think of that would have been a better place to have raised my two kids than right here in Huntington Beach & Fountain Valley. When I talk about how great the schools are and how there are so many activities for both parents and their children I speak from experience. Just like I do when I help my clients with their real estate needs. I know from experience!

+ National Association of Realtors
+ California Association of Realtors
+ Pacific West Association of Realtors
+ Member of Southern California Multiple Listing Service
+ Multi Million Dollar Producer
+ Licensed Real Estate Broker


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

X Bookmark and Share


Real Estate News Network



Exclusive Leads In Your Market

Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines

LIBRARY


Agent Publicity | Market Conditions Interview | Local Market Conditions | Video Newsletter | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2012 Realty Times®. All Rights Reserved.