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Residential Re-Sale, Commercial Properties, Foreclosures and Investments…As a long-time Fullerton resident Adam is intimately familiar with North Orange County neighborhoods. He has extensive expertise in residential real estate, commercial build outs, hard money lending and mortgage banking. As an authorized REO agent for GMAC, CountryWide Home Loans and World Savings he has extensive experience in all aspects of the foreclosure process. Investors rely on his knowledge and experience to help them identify and capitalize on distressed properties.

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Home Remodeling In O.C. Down For 4th Straight Year

February 2nd, 2010 • Related • Filed Under

The estimated value of residential home improvement projects in Orange County dropped 47% chartsince such worked peaked in 2005. The level of home remodeling and additions has fallen to its lowest level in nearly a decade.

In Orange County the estimated value of home remodeling permits was $302 million in 2009, down for a fourth straight year.

The combined, inflation-adjusted value of all home-remodeling work in O.C. in the past decade was $4.3 billion, 39% of which occurred in 2004-05.

Due to the economy the only people still hiring contractors for home remodeling jobs are people who haven’t been directly impacted by the economic downturn, for example: Teachers, police officers, retirees.

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