Who is ready to sell their home?

Happy Friday everyone. Here is the data for Orange County’s housing market for the last year. Prices are UP inventory is DOWN which means homes are selling quickly. Here is a chart of new listing to hit the market from 2015 to last month 2016. As of december there has been a dramatic increase in […]

Shadow Inventory Falls to Seven Month Supply

Wednesday, January 2nd, 2013 | Posted by Steve Cook The current residential shadow inventory as of October 2012 fell to 2.3 million units, representing a supply of seven months. The October 2012 inventory level fell 12.3 percent from a year earlier, when the shadow inventory stood at 2.6 million units. In December, Corelogic reported that approximately 1.3 million […]

Home prices rose in July in 20 major cities

by Julie Schmit, USA TODAY Home prices are continuing to improve, further evidence of the housing market’s growing health. Prices in July rose 1.6% from June and 0.4% when adjusted for seasonal factors, according to the 20-city Standard & Poor’s Case-Shiller index. The increases have been broad as prices rose for the third consecutive month […]

5 Projections of Where the Housing Market’s Headed | Realtor Magazine

The road to recovery is a delicate matter. We are starting to see a demand for homes in Orange County. We also see a lack of supply which could help increase home appreciation. Right now we see some beautiful homes at terrific prices. If you can get the financing Say Simon Homes can find you a home that […]