About the Author

author photo

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

Homebuying Activity In O.C. Up 7%

February 2nd, 2010 • Related • Filed Under

In latest Orange County homebuying report – based on the 22 business days ending on January 8 house– O.C. shoppers bought 2,569 residences. That was a 7% increase in buying activity from last year.

The median selling price of homes during this period was $430,000, a 8.9% increase from a year ago. Home sales of new homes by builders accounted for 7% of all residences sold in the period.

Single-family homes resold for 32% less than their peak pricing, while condos sell 37% below their peak in March 2006. Single-family homes were 70% more expensive than condos in this period.


Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Google
  • Blogosphere News
  • Reddit
  • StumbleUpon
  • Technorati

Post a Response