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Altera Community:
Orange County Housing Report: The Distressed Inventory is Dropping - Mon, 04 May 2009 09:53:39
Orange County Housing Report: The Distressed Inventory is Dropping
April 30, 2009
Steven Thomas, PresidentQuantitative Economics and Decision Sciences, B.A. Altera Real Estate
The total number of distressed properties, foreclosures and short sales, dropped to its lowest level since December 27, 2007. There are currently 3,724 distressed homes on the active market, 37% off of the peak of 5,950 established in August 2008. The number of ac...
Orange County Housing Report: The Spring Surge Continues - Mon, 20 Apr 2009 14:13:34
Orange County Housing Report: The Spring Surge Continues
April 16, 2009
Steven Thomas, PresidentQuantitative Economics and Decision Sciences, B.A. Altera Real Estate
Demand surged by 33% in the past month as the active listing inventory dropped by 9%. In turn, the expected market time for Orange County dropped from 4.35 months to 2.97 months. Typically in April, the Spring market picks up steam. However, the market has not been "typical...
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