Orange County real estate markets had 1,757 homes resold during January 2011.
(This is almost the same number as January last year according to resales data from Southern California Multiple Listing Service).
925 homes (or 52.6% were regular equity sales).
478 homes (or 27% of he market) were short sales. 354 homes (or 20% of market) re bank owned REOs.
1761 Orange County homes were resold last year during January 2010.
(This is amazingly close to same number sold compared to this year during January 2011 – according to Southern California Multiple Listing Service)
971 homes (or 55% of market) were regular equity sales.
497 homes (or 28.2% of market) were bank owned REOs. 293 homes (or 16.6% of market) were short sales.
Realtors and agents here at Orange County are cautiously optimistic about possible home sale market improvement and recognize that buyers are thinking about the economy and jobs.
If you are interested to discuss selling, buying, or investing in homes and real estate at Orange County, California, please contact us. Harrison K. Long – solutions for real estate and business – REALTOR® and broker associate, GRI, Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com (email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs®.