Click on the thumbnail below to view time on market trends by city: Click on the thumbnail below to view time on market trends by price range: The OC Coastal Group Homes of Distinction Garry Loss Principal / REALTOR 888-OCC-Views http://www.theoccoastalgroup.com
10/25/2007
Demand (the number of new escrows within the prior 30 days) dropped from 1,206 homes two weeks ago to 1,180, a 26 unit decrease. The current active inventory increased by 138 homes in two weeks to 17,898 homes, the highest mark of the year, 1,892 additional homes compared to last year's peak, re
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09/24/2007
Currently, short sales and foreclosures in Orange County account for 8% of the active inventory and 10% of all escrows opened within the prior 30 days. Two weeks ago they accounted for 7% of the active inventory and 8% of the escrow activity. Of all the short sales and foreclosures currently o
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09/24/2007
The financial crunch over the past several weeks has translated to a much slower detached home market, since a majority of that market requires a jumbo loan to purchase. For condominiums, market time has increased from 14.39 months two weeks ago to 14.79 months today. The market time for detach
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09/24/2007
Currently we are experiencing inherent demand. Regardless of the market, there always is somebody willing to purchase. But, with Bernanke and the Federal Reserve cutting rates, congress and the white house poised to pass quick-fix legislation, demand should begin to build in the coming months.
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09/24/2007
If you don't have to sell, don't. If you would like to sell, don't. Homeowners should only look to sell their homes ONLY IF they absolutely MUST sell. There are 17,898 homes on the market and 1,180 new escrows within the prior month. Given current demand, 16,718 homeowners will NOT be success
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09/24/2007
The perfect storm is brewing: rates are falling, prices are coming down, there is little to no competition among buyers and we are fast approaching the Holiday or Winter market. This IS the buying season. Many will tell you to wait. Others will accuse me of bias because I am in the real estate
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09/24/2007
Live the Laguna Beach lifestyle in the heart of Laguna Village. Laguna Village offers the epitome of casual beach living. Most Laguna Village homes are just steps away from beaches and local shopping, restaurants, cafes, galleries, and the fabulous coves along Laguna's coastline. In addition
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09/21/2007
One of Southern California's most prestigious coastal communities, Irvine Cove is an exclusive guard gated enclave of approximately 110 homes with a secluded beach offering sand volleyball courts and a playground. Residents of Irvine Cove enjoy tennis courts and a private park. Irvine Cove is a
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09/21/2007
