February Schedule of Events

Orange County Economic Forecast 2018   Feb. 1
Special Guest Speaker: Dr. Christopher Thornberg. Dr. Thornberg is Founding Partner of Beacon Economics, LLC and widely considered to be one of the nation’s leading economists. An expert in economic forecasting, regional economics, employment, and labor markets, economic policy, and industry and real estate analysis, he was one of the earliest and most accurate predictors of the subprime mortgage market crash that began in 2007, and of the global economic recession that followed. 
Time/Place: 11:45am-1pm / Embassy Suites Brea: 900 E Birch St., Brea
Contact: 714-529-3660 / www.breachamber.com

Surf City USA Marathon & Half Marathon   Feb. 2-4
Run on PCH past the famous Huntington Beach pier and wind through the legendary surfing beaches of Southern California. Retro surf bands entertain along the way and the Finish Line Party includes a beach side beer garden in the California sun. Finishers receive bodacious surfboard medals! 
Time/Place: See website for schedule. / Huntington Beach
Contact: 888-422-0786 / www.motivrunning.com/run-surf-city

Annual Monarch Butterfly Day   Feb. 3
OC Parks invites children and families to learn all about Monarch Butterflies and their natural habitat with an up-close look at the magnificent creatures. Children can assist in planting plants to attract Monarch Butterflies. Participants can also go inside a netted butterfly enclosure. Butterfly experts will be on-site. Additional activities include interpretive programs, children’s crafts, face painting and a balloon artist. Food will be available for purchase. 
Time/Place: 10am-2pm / Mile Square Regional Park, Fountain Valley
Contact: 714-973-6600 / www.ocparks.com/parks/mile

San Juan Capistrano Car Show   Feb. 3
The classic, new and exotic will headline this popular fundraiser, which promises a fabulous display of some 400 antique and classic cars and trucks. The return of the popular New-Car Row will show the latest models from local dealers. Come and see the impressive rows of cars and trucks, shop the vendor’s booths and enjoy delicious food with your family. 
Time/Place: 7:30am-2pm / SJC Community Center-Sports Park
Contact: www.sjcrotary.org/Page/carshow

Laguna Beach Music Festival   Feb. 7-11
A co-presentation of Laguna Beach Live! and the Philharmonic Society of Orange County, the Laguna Beach Music Festival is an annual multi-day celebration featuring outstanding classical and contemporary concerts in intimate spaces, community outreach programs and dynamic special events. 
Time/Place: See website for schedule of events. 
Contact: 949-553-2422 / www.philharmonicsociety.org/LBMF

Taste of San Juan   Feb. 8
Help launch the kick-off celebration of the Fiesta de las Golondrinas with 25 restaurants, under one roof! Taste of San Juan brings many of the restaurants and caterers serving San Juan Capistrano together to tempt you with their finest offerings.
Time/Place: 6-9pm / San Juan Hills Golf Course  
Contact: 949-493-1976 / www.swallowsparade.com

Art Crawl Experience   Feb. 10
“ACE” is an auditory explosive art walk and arts festival has been acclaimed by local artisans as the Downtown Anaheim Arts District. During the evening of an ACE, attendees stroll amongst outdoor permanent art fixtures, such as Peter Shire’s illuminated birdhouse sculptures, to discover artists demonstrating their creative process live for curious onlookers. 
Time/Place: Anaheim Blvd., Harbor Blvd., Center Street Promenade
Contact: 714-956-3586 / www.downtownanaheim.com

Art Auction 2018   Feb. 10
Art Auction 2018 will include 100 museum-curated works by California artists featured in recent exhibitions, special events, and the museum’s permanent collection. This festive affair will include live music, delicious cuisine, and creative cocktails. 
Time/Place: Laguna Art Museum: 307 Cliff Drive, Laguna Beach
Contact: 949-494-8971 / www.lagunaartmuseum.org

Artesanos Village, Craft Fair   Feb. 10
Community Crafters meet every 2nd Saturday of the month to sell their beautiful art and display their talented skills. 
Time/Place: 9am-2pm / Hecho en Mexico: 173 W Santa Fe Ave., Placentia
Contact: www.facebook.com/hechoenmexicogiftstore

Timberwolf 5K   Feb. 10
The Timberwolf 5K, sponsored by Mike Dunn, Platinum Property Realty, brings the Northwood community together in support of over 1,100 athletes and their 25 teams. New this year: Pancake breakfast, immediately following the race. Proceeds from registration and sponsorships benefit Northwood High School and Families Forward, a local non-profit providing supported housing programs, counseling, food, referrals, school supplies, career coaching, and other services for families in crisis. 
Time/Place: 6:30am / Northwood High School, Irvine
Contact: www.timberwolf5k.com

The Revolution - Revolutionary War Reenactment   Feb. 10-11
Experience the American Revolution hosted by the Huntington Beach Historical Society. This free event is open to the public and will have different battles that can be witnessed throughout the day along with live music and food options. 
Time/Place: Sat 10am-5pm, Sun 9am-4pm / Huntington Central Park: 7111 Talbert Avenue
Contact: www.hbhistory.org/revolution

Active Lifestyle Valentine’s Sock Hop   Feb. 11
Enjoy a delicious catered dinner and live band with the ‘50s Sock Hop theme. So get on your poodle skirts, your cardigan sweaters or leather jackets and come dressed in the ‘50s style. $20 per person or $35 per couple. 
Time/Place: 5-9pm / Dana Point Community Center: 34052 Del Obispo St. 
Contact: 949-248-3507 / www.danapoint.org

Newport Beach Jazz Party and Big Band Blowout   Feb. 15-18
This year’s party, featuring a big band closing each of the 4 nights will again be the time for mainstream jazz lovers from around the country (& world) to arrive in Newport Beach. In addition to a Saturday and Sunday Champagne Jazz Brunch, daily evening concerts will take place in the Marriott’s Grand Pacific Ballroom plus afternoon pool sessions on the grounds of the resort. 
Time/Place: Newport Beach Marriott Hotel & Spa
Contact: 949-759-5003 / www.newportbeachjazzparty.com

Tet Festival   Feb. 16-18
Helping preserve Vietnamese culture, the Tet Festival boasts about the attraction of over 100,000+ audiences and hundreds of booths in a span of a three day weekend event. Visitors are immersed with a vibrant array of traditional foods, live entertainment, festive games, and customs celebrating the Vietnamese Lunar New Year. 
Time/Place: Fri 4-10pm, Sat 11am-10pm, Sun 11am-9pm / OC Fair & Event Center, Costa Mesa
Contact: 714-388-6711 / www.tetfestival.org

Kids’ Pet Parade   Feb. 17
Part of the annual Fiesta de las Golondrinas celebration. Kids between the ages of 5 to 12 can show off their favorite animals in a contest for, The Cutest, Most Unusual, Best Team Costume (owner and pet), Funniest & Most Obedient (pet, not child). 
Time/Place: 10am-1pm / Los Rios Park: 31747 Los Rios Street, SJC
Contact: 949-493-1976 / www.swallowsparade.com

Wine Tasting & Music   Feb. 17
Join us for live music, appetizers and a sampling of up to 14 different wines courtesy of San Clemente Winery. Event proceeds will benefit the Wars of Freedom Veterans Tribute designed to recognize veterans who’ve served our country during the years from 1975 to present day. 
Time/Place: 3-5pm / Norman P. Murray Community and Senior Center, Mission Viejo
Contact: 949-470-3062 / www.cityofmissionviejo.org

LUZIA by Cirque du Soleil   Feb. 21-Mar. 18
This unique performance offers spectacular acrobatic performances and visual surprises, bringing the stage to life with traditional and modern representations of Mexico. 
Time/Place: OC Fair & Event Center, Costa Mesa
Contact: 714-708-1500 / www.cirquedusoleil.com/luzia

Los Alamitos ‘Race on the Base’   Feb. 23-24
The yearly event has continued to provide not only a forum for local avid runners and walkers, but has also instilled a sense of pride and teamwork between the Los Alamitos City Council, the citizens of Los Alamitos, the Rossmoor Community Services District, and the local business community. Features helicopters, planes and military vehicles with music throughout the course. 
Time/Place: See website for schedule. / Joint Forces Training Base
Contact: 562-430-1073 / www.raceonthebase.com

San Clemente Day 90th Anniversary Celebration   Feb. 24
To commemorate the great history and traditions of the City there will be open houses, historians, and discounts at City facilities including free recreation swim at the Ole Hanson Beach Club. 
Time/Place: 9am-4pm / 105 W. Avenida Pico
Contact: 949-361-8200 / www.san-clemente.org

Festival of the Hearts   Feb. 24
Presented by Laura’s House and Tilly’s Life Center, the festival will gather local youth, parents and teachers for our youth education and empowerment day. This event, taking place during Teen Dating Abuse Awareness Month, will inspire and empower attendees with the theme of creating healthy relationships. The event will offer various workshops and breakout sessions, interactive group activity, lunch, sponsored by El Pollo Loco and live entertainment.  
Time/Place: 9am-3:30pm / Saddleback College, Mission Viejo
Contact: 949-361-3775 / www.laurashouse.org

Irvine Park Railroad Anniversary Celebration   Feb. 24-25
To celebrate their 21st year of business and to show appreciation to all their loyal customers Irvine Park is rolling back to their original 1996 prices during their anniversary weekend, including $2 train rides! $2 activities and concessions including carnival games, hot dogs, sodas, ice creams, popcorn, bounce house tickets and cotton candy. Face painting and panning for gold (gold panning requires two $2 tickets). FREE giveaways include Irvine Park Railroad balloons.
Time/Place: 10am-4pm / Irvine Regional Park, Orange
Contact: 714-997-3968 / www.irvineparkrailroad.com

Brea 8K   Feb. 25
This USATF-sanctioned, chip-timed race is fast and fun for all ages and athletes, runners and walkers alike.
Time/Place: 8-11am / Brea Mall
Contact: www.brea8k.com

June 2017 Events Calendar - Orange County

Events Happening in Orange County - June 2017

/// Top Picks for This Month

Hyatt Regency Newport Beach Jazz Festival | June 2-4

Tustin Street Fair and Chilli Cook-Off | June 7

San Clemente Classic Car Show | June 11

San Juan Summer Nites | June 21

Special thanks to Steven Thomas at First American Title for sharing this calendar.


YOUR HOME BUYING AND SELLING NETWORK

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This service is completely free and available to all our past, present and future clients. You will have access to all the tools and information we use to see what is going on in your neighborhood. 

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Open House - 1262 Camden Dr, North Tustin 92705

Open House - 1262 Camden Dr, North Tustin 92705

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/// Call/Text - 949-402-1429

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May 2017 Events Calendar - Orange County

Events Happening in Orange County - May 2017

Our Top Picks-

Newport Beach Standup for the Cure | May 6

Newport Beach Wine Festival | May 26-28

Doheny Blues Festival | May 20-21

Special thanks to Steven Thomas at First American Title.

March 2017 Market Update | Housing Market is Hot...Values on Rise

March 2017 Market Update | Housing Market is Hot...Values on Rise

With a very limited inventory, the Orange County housing market is extremely hot and values are on the rise.

Hot Housing Market: Everything on the market below $1 million is selling like hotcakes, and below $750,000 is nothing short of nuts.

The current Orange County housing market is scorching hot and has not been this good since July 2013. Once again, buyers are tripping over themselves to purchase. Homes that hit the market are fetching multiple offers within the first couple of days. Some buyers are writing offers on homes unseen. Others are waiving the appraisal contingency (still mandatory if they are getting a loan; so, if the appraisal comes in low, the buyer will have to bring in more money in order to close). When a home is priced at or close to its Fair Market Value, the purchase price is often higher than the asking price.

We are back to the bidding war days. When 10 offers to purchase are generated, there is only one victor. Nine buyers walk away and have to continue the pursuit of their dream home. This market can be extremely frustrating for a buyer. After a couple of failed attempts, many buyers sharpen their pencils and are willing to stretch in price even if it means paying more than the most recent comparable pending or closed sale. That is the nature of a housing market with very little inventory and very high demand.

The expected market time (the amount of time it would take for a newly listed home today to be placed into escrow) for all of Orange County is now at 50 days. When the expected market time drops below 60 days, the market is considered a solid seller’s market with steady price appreciation. Last year, Orange County was only below the 60-day threshold for about eight weeks, from mid-March through mid-May and never dropped below 55 days. It appears as if 2017 is going to be much hotter than the last few years.

When the expected market time dips below 30 days, the market shifts to a sizzling hot seller’s market with rapid price appreciation. In the past decade, the overall housing market has never reached this level, but many price ranges have. That is the case today as well. Not all of Orange County is considered “hot;” however, condominiums and detached homes priced below $500,000 are sizzling. This range represents 15% of the active listing inventory and 29% of demand.

Condominiums priced between $500,000 and $750,000, and detached homes priced between $500,000 and $1 million, are considered “solid” seller’s markets with expected market times between 30 and 60 days. They represent 24% of the current active inventory and 36% of demand. Both condominiums and detached homes priced between $500,000 and $750,000 are knocking on the door of a sizzling hot seller’s market with expected market times just above the 30-day threshold. That price range is starting to feel very hot and could easily drop below 30-days in the coming weeks.

Condominiums priced between $750,000 and $1 million and detached homes priced between $1 million and $1.5 million are currently experiencing a slight seller’s market, between 60 and 90 days. They represent 18% of the active listing inventory and 12% of demand. A slight seller’s market is characterized by slow, methodical price appreciation.

The market does not lean in the seller’s favor for detached homes priced above $1.5 million and condominiums priced above $1 million. The higher the price, the slower the market. They represent 30% of the inventory and only 9% of demand.

Buyers and sellers alike need to understand the market that they are working with in order to approach it with proper expectations. A buyer looking to purchase a $650,000 home is going to encounter a much different market than a buyer looking to purchase a $2 million home. Similarly, a condominium seller at $450,000 is going to experience a much different market than a condominium seller at $800,000.

A warning for buyers: do not expect the market dynamics to change much in the coming months. Even when more homes come on the market during the spring, there will be an increase in buyer activity as well.

A warning for sellers: do not stretch the asking price much at all. Overpriced, overzealous list prices result in wasted market time and do not generate offers. Pricing at or close to the Fair Market Value is the wisest formula for success.

Active Inventory: Within the past couple of weeks, the active inventory only increased by 12 homes.

Since January 1st, the active inventory has only grown by 389 homes. Within the past couple of weeks, it remained almost the same, growing by only 12 homes, a 0% increase, and now sits at 4,460. Once again, nearly everything that is coming on the market at or close to its Fair Market Value is being placed into escrow almost immediately.

Part of the issue is that, so far this year, 8% fewer homes have come on the market compared to last year at this time. The combination of a limited supply of homes coming on the market and ferocious demand has created the current sizzling hot Orange County housing market. More and more homeowners will come onto the market this spring through mid-August.

Last year at this time, there were 5,271 homes on the market, 15% more. Two years ago, there were 973 more homes on the market, or 18% more.

Demand:  Demand is HOT, increasing by 10% in the past two weeks.

The only thing holding back current demand is the lack of supply of homes. There are simply not enough new sellers coming on the market. Even with very few choices right now, buyers are pouncing on everything new that hits the market that is reasonably priced and in decent condition.

Demand, the number of homes placed into escrow within the prior month, increased by 248 pending sales in the past couple of weeks, or 10%, and now totals 2,651. With an increase in demand and an inventory that remained the same, the expected market time dropped from 56 days to 50 days, a solid seller’s market.

Last year at this time, there were 2,584 total sales, 67 fewer than today, or 3% less.

Luxury EndThe luxury market is starting to heat up a bit.

Demand is up for Orange County’s luxury home market with 73 additional pending sales compared to last year at this time, 19% higher. The luxury inventory is up by only 3 homes, nearly identical. The overall expected market time for all homes priced above $1 million is 122 days compared to 144 days last year.

In the past two weeks, demand for homes above $1 million increased from 412 to 465 pending sales, a 13% rise, its highest level since the end of August. The luxury home inventory increased from 1,834 homes to 1,891, its highest level since the start of December 2016.  The expected market time decreased in the past couple of weeks from 134 to 122 days.

For homes priced between $1 million to $1.5 million, the expected market time in the past couple of weeks decreased from 80 days to 76 days. For homes priced between $1.5 million to $2 million, the expected market time decreased from 153 to 129 days. For homes priced above $2 million, the expected market time dropped from 252 days to 227 days. At 227 days, a seller would be looking at placing their home in escrow around mid-October.

Orange County Housing Market Summary:

  • The active listing inventory increased by 12 homes in the past couple of weeks, a 0% rise, and now totals 4,460. There are 8% fewer homes that have come on the market this year compared to 2016. The inventory should start to rise in March and peak in mid-August.
  • There are 44% fewer homes on the market below $500,000 compared to last year at this time and demand is down by 7%. Fewer and fewer homes and condominiums can now be found priced below $500,000. This price range is slowly vanishing.
  • Demand, the number of pending sales over the prior month, increased by 10% in the past couple of weeks, adding an additional 248 and now totals 2,651. Today’s demand is 3% higher than last year when it totaled 2,584.  The average pending price is $835,152.
  • The average list price for all of Orange County is $1.6 million, identical to two weeks ago. This number is high due to the mix of homes in the luxury ranges that sit on the market.
  • For homes priced below $750,000, the market is HOT with an expected market time of just 34 days. This range represents 39% of the active inventory and 65% of demand.
  • For homes priced between $750,000 and $1 million, the expected market time is 54 days, a seller’s market (less than 60 days). This range represents 19% of the active inventory and 18% of demand.
  • For luxury homes priced between $1 million to $1.5 million, the expected market time is at 76 days, dropping by 4 in the past couple of weeks. For homes priced between $1.5 million to $2 million, the expected market time decreased from 153 to 129 days. For luxury homes priced above $2 million, the expected market time decreased from 252 to 227 days.
  • The luxury end, all homes above $1 million, accounts for 42% of the inventory and only 17% of demand.
  • The expected market time for all homes in Orange County dropped in the past couple of weeks from 56 to 50, a solid seller’s market (less than 60 days).
  • Distressed homes, both short sales and foreclosures combined, make up only 1.9% of all listings and 3.2% of demand. There are only 18 foreclosures and 67 short sales available to purchase today in all of Orange County, that’s 85 total distressed homes on the active market, 18 fewer than two weeks ago, a drop of 17% and its lowest level since the start of the Great Recession 10 years ago. Last year there were 152 total distressed sales, 79% more.
  • There were 1,905 closed sales in January, a 33% drop from December, but more than the 1,859 closed sales posted in January 2016. The sales to list price ratio was 97.3% for all of Orange County. Foreclosures accounted for just 0.9% of all closed sales and short sales accounted for 2.3%. That means that 96.8% of all sales were good ol’ fashioned equity sellers.

Have a question? Contact us by call/text anytime at 949-402-1429.

Orange County Market Update | February 2017

Orange County Market Update | February 2017

Lack of Sellers

The storyline has remained the same for years now, there simply are not enough homeowners electing to sell their homes and make a move. It’s not just a local phenomenon, nor a Southern California phenomenon; it’s a national issue that has been juicing the 5-year seller’s market. Lack of supply, that’s the story. Ask any buyer or any REALTOR® what is the biggest challenge in today’s housing market and the instant response would unanimously be “there aren’t enough homes on the market.”

It makes perfect sense that homeowners were not in a rush to sell from 2008 through 2011. Those were the years where home values took a pounding and homeowners watched their equity vanish seemingly overnight. However, since 2012, those same homeowners watched their equity return nearly as fast as it disappeared. The relentless appreciation has continued and resulted in a record high median sales price. Orange County is back to where it was prior to the Great Recession, yet sellers have still not returned in the same numbers.

From 2000 to 2007, there were an average of 1,500 additional homeowners opting to sell every single month compared to the past five years. That’s an additional 18,000 homes per year. More homes on the market would be a welcome relief to today’s frustrated buyers.

Based upon 2016 closed sales, the turnover rate for the Orange County housing stock is once every 21 years. That’s an improvement over 2015’s once every 23 years and 2014’s once every 24 years, but not by much. The markets with the best rates can be found in areas with relatively newer homes (Laguna Woods being the only exception): Talega, Newport Coast, Coto de Caza, Foothill Ranch, and Rancho Santa Margarita. And, the top turnover rate can be found in Ladera Ranch and Rancho Mission Viejo, once every 10 years.

Lack of Inventory

Since January 1st, the active inventory has only grown by 377 homes. Within the past couple of weeks it added 128, or 3%, and now sits at 4,448. Part of the issue is that almost everything that has come on the market priced close to its Fair Market Value has flown off the market almost as quickly as the FOR SALE sign goes in the ground, especially homes priced below $1 million. Another issue is that, so far this year, 6% fewer homes have come on the market compared to last year at this time. There are more homeowners who are opting not to sell this year even though the conditions are perfect with a very low supply and ferocious demand. 

More and more homeowners will come onto the market from now through the end of summer. The first wave starts now, around mid-February. Many of these sellers will move swiftly into escrow. The next wave is the official beginning of the Spring Market, mid-March. This wave will stretch all the way through mid-August.

Last year at this time there were 4,973 homes on the market, 12% more. Two years ago there were 1,001 more homes on the market, or 23% more.

Demand

This is typically when demand starts to take off. As the housing market moves closer to the best time of the year in terms of real estate activity, the Spring Market, demand continues to climb. Even though there are few choices right now, buyers are pouncing on any fresh inventory that is reasonably priced. 

Demand, the number of homes placed into escrow within the prior month, increased by 473 pending sales in the past couple of weeks, or 25%, and now totals 2,403. As a result of the giant rise in demand and only a slight rise in the inventory, the expected market time dropped from 67 days to 56 days, a seller’s market. This is the first time it has dipped below the 60-day mark at this point of the year since 2013 (34 days).

Last year at this time there were 2,342 total sales, 61 fewer than today, or 3% less.

Luxury Market

Demand is up for Orange County’s luxury home market with 55 additional pending sales compared to last year at this time, 15% higher. The luxury inventory is up by 81 homes, 5% more. Most of the spike in demand is isolated to the $1 million to $1.5 million price range.

For homes priced between $1 million to $1.5 million, the inventory is down by 12 homes compared to last year, and demand is up by 42 pending sales. Yet, above $1.5 million, the inventory is up by 81 homes, and demand is up by only 13.

In the past two weeks, demand for homes above $1 million increased from 325 to 412 pending sales, a 27% rise, its highest level since the beginning of October. The luxury home inventory increased from 1,744 homes to 1,834, its highest level since mid-December.  The expected market time decreased in the past couple of weeks from 165 to 134 days.


For homes priced between $1 million to $1.5 million, the expected market time in the past couple of weeks decreased from 98 days to 80 days. For homes priced between $1.5 million to $2 million, the expected market time decreased from 195 to 153 days. For homes priced above $2 million, the expected market time dropped from 277 days to 252 days. At 252 days, a seller would be looking at placing their home in escrow around the end of October.

Summary

·       The active listing inventory increased by 128 homes in the past couple of weeks, a 3% rise, and now totals 4,448. There are 6% fewer homes that have come on the market this year compared to 2016. The inventory should increase from here, peaking in mid-August.

·       There are 32% fewer homes on the market below $500,000 compared to last year at this time and demand is down by 9%. Fewer and fewer homes and condominiums can now be found priced below $500,000. It is the price range that is slowly vanishing.

·       Demand, the number of pending sales over the prior month, skyrocketed by 25% in the past couple of weeks, adding an additional 473 and now totals 2,403. Today’s demand is 3% higher than last year when it totaled 2,342.  The average pending price is $818,494.

·       The average list price for all of Orange County is $1.6 million, identical to two weeks ago. This number is high due to the mix of homes in the luxury ranges that sit on the market.

·       For homes priced below $750,000, the market is HOT with an expected market time of just 35 days. This range represents 41% of the active inventory and 65% of demand.

·       For homes priced between $750,000 and $1 million, the expected market time is 54 days, a seller’s market (less than 60 days). This range represents 18% of the active inventory and 18% of demand.

·       For luxury homes priced between $1 million to $1.5 million, the expected market time is at 80 days, dropping by 18 in the past couple of weeks. For homes priced between $1.5 million to $2 million, the expected market time decreased from 195 to 153 days. For luxury homes priced above $2 million, the expected market time decreased from 277 to 252 days.

·       The luxury end, all homes above $1 million, accounts for 41% of the inventory and only 17% of demand.

·       The expected market time for all homes in Orange County dropped in the past couple of weeks from 67 to 56, a seller’s market (less than 60 days).

·       Distressed homes, both short sales and foreclosures combined, make up only 2.3% of all listings and 3.3% of demand. There are 34 foreclosures and 69 short sales available to purchase today in all of Orange County, that’s 103 total distressed homes on the active market, 12 more than two weeks ago. Last year there were 148 total distressed sales, 44% more.

·      There were 1,905 closed sales in January, a 33% drop from December, but more than the 1,859 closed sales posted in January 2016. The sales to list price ratio was 97.3% for all of Orange County. Foreclosures accounted for just 0.9% of all closed sales and short sales accounted for 2.3%. That means that 96.8% of all sales were good ol’ fashioned equity sellers.


Contact us today | Call or text at 949-402-1429