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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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Demand For Local Housing Up

January 26th, 2010 • Related • Filed Under

Demand for local homes is double what it was 2 years ago. In the past two weeks thearrow demand for homes and number of new pending sales increased by 12% to 2,547. The demand for local housing has not been this strong in January since 2004.

Based on market time it would take 3.02 months for buyers to gobble up all homes for sale at the current pace. Two weeks ago the market time was 3.22 months.

Homes listed for under a million dollars have a market time of 2.50 months compared to a market time of 10.29 months for homes listed for more than $1 million.


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