October 14th, 2009- The Orange County market is seeing increased sales across almost all zip codes and bank owned properties are now getting multiple offers in many cases (when priced properly). We are starting to see investors come back into the marketplace as positive cash flow properties are beginning to show up for the first time in nearly 10 years. Buyer activity has started to pick up (at least for me) and may be a sign of stability going forward. We are now getting to that sweet spot for buyers where prices have dropped off significantly, interest rates are nearing 30+ year lows, and sellers (especially bank owned properties) are much more anxious to sell their property and are more willing to negotiate on pricing than ever before. If you would like more information on bank owned properties fee free to contact me and I can show you how to locate these distressed listings.
Home prices and sales thru August 2009
Resale SFR home prices -ZERO Change! Condominium prices - 6.3% decrease All Home Sales - 2.8% decrease year-over-year.
Available properties - increasing due to more properties coming on the market and sales much slower than recent years due to the lack of available financing in the mortgage market.
Sellers - Contact me to get more information on my 'Home Sellers Guarantee!"
For detailed information on pricing and available properties in a particular city please call me at (800) 544-6412
Approximate Location Boundaries: Located South of Los Angeles and North of San Diego
Location Characteristics: Orange County has grown into one of the most diverse and most desirable places to live in Southern California. With it's low unemployment and strong real estate market it is considered the jewel of the West Coast. It is also the home of Disneyland, Knott's Berry Farm, world famous Huntington Beach, and many other well known attractions. Being centrally located and an hour away from almost any climate (Beach, Mountains, Desert) it has become one of the most popular places for families to reside.
For more information about Orange County, CA and surrounding communities contact me at (800) 544-6412 and I will include a FREE subscription to my "21 MUST KNOW TIPS BEFORE BUYING YOUR NEXT HOME!" It will save you tens of thousands on your next home purchase! .....And don't forget to ask me how I can sell you house for FREE!!!
About Brad Correll:
I have lived in Orange County nearly 30 years and am a native Southern Californian. I enjoy my free time coaching my daughter’s teams in various youth sports and still enjoy playing an occasional game of adult softball when time permits. But my real passion is helping others with the dream of home ownership and financial independence through real estate investing.
I have built my business on referrals and networking with friends, acquaintances, and clientele. My 90 day Home Selling Guarantee is unmatched in the industry and as a home seller I will assist you with your moving cost up to $3,000!!! Feel free to call me for more details.
For buyers, I specialized in training you how to save up to $25,000 on your next home purchase. If you are looking to buy or sell real estate soon give me call so that I can help you get started. No obligation..…just friendly advise!
You may contact me anytime directly by calling (714) 812-7883 or by emailing me at brad@so-cal-dreamhomes.com. Feel free to ask me any real estate questions regarding Orange County or Riverside/Corona area real estate.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
