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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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November 9th, 2009 •
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From mid-September to mid-October, 2,836 residences were purchased in Orange County – a 2.3% increase
from 2008.
September marked the 15th straight month of sales gains vs. the year-ago period, which followed 33 consecutive months where sales failed to beat the previous year’s pace.
The average selling price of homes during this period was $430,000 which is a 2.4% increase from last year.
Single family homes are reselling for 33% less than their peak pricing while condos are currently selling for 35% below their peak in March 2006.