Here's an extract from some recent numbers reported in different articles in the OCRegister these past days ( July 2012).
Not a surprise, we can already see how the OC housing market its recovering, that the bottom was hit and we should see a healthier market thse next years.
To begin, we have the Ladera Ranch real estate market, which are selling faster, in 46% less time than the countywide pace. What used to take an average of 2.6 months to sell, now takes less than a month ( about 20 days). The distressed market is still very active there ( foreclosures or shortsales), were almost 20% of the homes listed were distressed. Homes for sale in Ladera Ranch represent 0.9% of Orange County inventory -- and 0.9% of all the distressed homes listed for sale…
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