About the Author
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.
See All Posts by This Author
February 9th, 2010 •
Related •
Filed Under
The latest housing risk assessment released shows that Orange County has a 99.9%
chance of price loss over the next two years.
Orange County was tied to 9 other U.S. markets for having the highest chance of risk. The other cities included Miami, Inland Empire, Vegas, Fort Lauderdale, LA, Tampa, Jacksonville and Orlando.
The score was based on several factors including the fact that Orange County unemployment runs 5.4 percentage points above its 5-year average vs. a 4 percentage point increase for the typical Top 50 market.