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On behalf of the seller, The Aaronson Group has sold 27 Dorian, Newport Coast, Orange County, California, for $1,265,000. (MLS® #OC13014306)
Built in 1995 and located within the St. Laurent (NRSL) subdivision, this 2,740 sq. ft. property contains 4 beds and 3 baths. Full details can be found by checking out the listing below.
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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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The Aaronson Group has represented the buyer in the sale of 4 Coral Ridge, Newport Coast, Orange County, California, for $12,000,000. (MLS® #NP13034936)
Built in 2013 and located within the Crystal Cove (CR) subdivision, this 10,850 sq. ft. property contains 6 beds and 10 baths. Full details can be found by checking out the listing below.
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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 refinance applications.…
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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 ReportÂ
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.
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The Aaronson Group is committed to offering…
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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…
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Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive. Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupied as provided under California law.
Under the federal law slated to soon expire, a first-time homebuyer may receive up to $8,000 in tax credits, and…
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The Aaronson Group, Orange County Short Sale Realtors, offers homeowners expert guidance and free information and assistance with mortgage debt relief options.
Having difficulties with your mortgage payments?
Was your loan modification unsuccessful?
Is the value of your home worth less than you owe?
Is the foreclosure date approaching?
If so, there are options available. As a certified distressed property expert and Orange County short sale agents we offer a FREE, no obligation consultation for Orange County home owners to review your situation and find out what options are best for you.
Visit our www.OCShortSaleNow.com website to learn the short sale process from A to Z.
Is an Orange County Short Sale right for me? If you add up your total monthly…
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President Obama has signed legislation to extend the Homebuyer Tax Credit. Passage of the bill was widely anticipated to further spur economic recovery in the housing sector, as more buyers are now eligible for tax breaks under the new law. |
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The Orange County housing market continues to improve as pending sales increase and inventory decreases. Pending sales are over 3300 today, an increase of 675 from a year ago. The active inventory has dropped to under 9000 for the first time since Feb. 2006. This number is nearly 50% less than the peak inventory numbers in 2007.
To give a sense of how "hot" the market is, the expected market time for single family homes in Orange County priced from $250,000 to $500,000 is only 1.5 months! Distressed sales- bank foreclosures and short sales, make up nearly 75% of the sales in the $500,000 and under price point. Though, the amount of distressed inventory active on the market has continued to decrease as buyer demand is outweighing supply.
We have…
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With over $750 Million in real estate sales, The Aaronson Group offers an unparalleled level of service to our highly respected clients. Whether you are looking to buy or sell your home, we guarantee that our expertise, professionalism & dedication will navigate you towards meeting your unique real estate needs.
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