User47126_3_t Adam Brett - Fullerton, California Realtor
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Last week the O.C. Register printed an article that half of the homes in Orange County were selling for less than their purchase price. This is fantastic news for those in the market to buy a house, whether as an investment or simply to fufill the American Dream of home ownership.

Data from DataQuick Information Systems showed that 82 out of the 83 Zip Codes in Orange County experienced a drop in the value of their homes, in fact the average selling price was 27 percent less than the value of the home!

Even though most of the homes that had the largest drop in price were in the Inland areas, even the beach zipcodes aren't immune to the massive discounting going on in Orange County.

Santa Ana, Ladera Ranch, San Juan Capistrano have all experienced significant declines in the price of a home in late 2007 and early 2008.

Home buyers are recieving price cuts of 35 to 45 percent off in these popular zipcodes, making a vacation home in Orange County an affordable reality for people who wouldn't have dreamed of it before.

Now more than ever is a time to take advantage of this turn in the real estate market, and recieve some of the best deals that have been available since the 90's.

Adam Brett
800.997.ADAM
RE/MAX NOC
Fullerton, CA
www.Realtoradam.com
 
Post is included in group: Everything California

1 Comments on More and More O.C. Homes Selling For Less and Less

Got to love it, I enjoy all the free press realtors are receiving mad dash to purchase homes heck we are making money staying in business other realtors are folding.  have a great weekend.

08/22/2008 01:38 PM by Lynn911.com ~ Top Dallas Real Estate Agent (Dallas Real Estate ~ Lynn911.com )


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Real Estate Agent: Adam Brett  - Fullerton, California Realtor (RE/MAX NOC)
Adam Brett - Fullerton, California Realtor
Fullerton, CA
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RE/MAX NOC

Office Phone: (800) 977-ADAM
Cell Phone: (714) 496-8116
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My blog consists of the utilization of technology to streamline communication, marketing, and providing the best of service to my clients.

Adam Brett Freilich - CA DRE LIC#01499486



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