OC real estate news: recent numbers for the South Orange County market
Posted by Teresa Mihelic HelpDesk on
Her
e's an extract from some recent numbers reported in different articles in the OCRegister these past days ( July 2012).Â
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…
4366 Views, 0 Comments
Ladera Ranch. Lake Forest. Rancho Santa Margarita - all of them all of a sudden are selling their home inventory at a way faster pace than the neighboring coastal cities like Laguna Beach, Corona del Mar and Newport Coast.
With the kids out of school, we are always looking for something to do. This year we made it a point to go out every night and look for the best Christmas lights in South Orange County. The tradition of Christmas Lights dates back to the middle of the 17th century in Germany. Over the next two centuries the magic of Christmas Lights spread through Eastern Europe then to the rest of the world. Candles were originally used, followed by lanterns and then on to electricity. In 1882 Edward Johnson lit a Christmas tree in New York City by creating the first string of electric Christmas Lights. In Just 20 years department stores began using Christmas Lights for their holiday displays.
past weekend, we visited the community when they were holding their annual Tree Lightning. What a blast!