Preview Orange County Real Estate Blog

We have all heard over and over that home inventory is low around the country.  Real estate has recently become a "good" investment and many people, including big companies, are scrambling to get their hands on it.  Prices have started to rise for the first time in years, and mortgage rates are at historic lows creating a big shift in buying momentum.  So what does this mean if you are trying to buy or sell your home in the near future?

If you are selling, you are in a good position.  Right now you should see an increase on your home's value which may allow you to make that move to the next step of real estate you have been trying to get into.  The rising prices also create a demand for you home, in that people are rushing to buy something before

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According to recent reports, there’s some good news to share about the Orange County real estate market. Apparently, there are a lot of economic factors that have successfully amalgamated to raise and augment the optimistic view of the future of the Orange County real estate market and this has brought a smile to the faces of those waiting to sell off their homes. The mortgage experts are of the opinion that various positive conditions that are coming together to egg on the people who wish to purchase homes in Orange County. Though mortgage loans are needed to finance your dream house in Orange County, Freddie Mac’s survey shows that the mortgage rates are drastically low and this is increasing the first mortgage loan and mortgage

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PreviewOChomes.com & The Aaronson Group are proud to announce we have added real time market statistics and graphs for most Orange County communities. Please visit our Orange County Market Trends page to get started.

In addition, our clients and visitors can sign up for a comprehensive market report for any zip code(s) and have the option of receiving an updated weekly report.  View Mission Viejo Sample Report 

We believe it is important for our clients to be highly informed on the current real estate market before making decisions, we hope you find these tools beneficial.

As always, if you need further assistance with any real estate needs or questions, please don't hesitate to contact us.

 

 

The Aaronson Group is committed to offering the highest

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Latest foreclosure stats for Orange County

Recent Foreclosure Stats*

  • Approximately 409 active foreclosures/bank repos on the market. (vs 354 in April 2009)

  • Approximately 308 in escrow (vs 469 in April 2009)

  • Recent closed sales have averaged 98.37% of asking price (vs 98.92 in April 2009)

  • Sales averaged approximately $264.76 per square foot (vs $260 in April 2009)

  • Average days on market of 66 days vs 46 days in April 2009

Would you like the latest information for a particular area or city?

Recent Short Sale Stats*

  • Approximately 1864 active short sales on the market  (April 2009 there were 1829)

  • Approximately 1603 in escrow (keep in mind that many of the active short sales have multiple offers submitted with the bank but the

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We have recently implemented a few changes to our site which we hope will help create a better experience for our clients and visitors.

 

First, the summary main photo size as well as the image slider photos for all MLS listings on our site have been enlarged. Here is an example of the new larger photos: http://www.previewochomes.com/idx/residential/S614819/details.html  

 

Secondly, after countless hours we have added every subdivision and complex to each of our city/area pages.  You can now search for specific tracts, subdivisions and complexes for MLS listings. Here is an example: http://www.previewochomes.com/mission-viejo-subdivisions.php

 

We hope you find these two added features beneficial and as always please contact us for more

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