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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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2010 Local Home Market Off To A Good Start

February 11th, 2010 • Related • Filed Under

The latest home inventory report shows the demand for local homes is starting off 2010wall at its highest levels in 5 years.

Homes listed for under $750,000 are selling like wildfire, with multiple offers on most homes and sales prices above the list prices. The expected market time of homes in this price range is less than 2 months meaning that there is a lot of competition for these homes.

There is starting to be more interest in homes listed from $750,000 to $1.5 million. Many homes for sale in this price range are starting to receive the same sort of attention and multiple offers as their less expensive counterparts.

The higher range market – those homes listed above $1.5 million – has a current market time of 8.4 months and has little to no interest being presented.

The home market is best for the lower priced homes but there is hope that the market will continue to improve.

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