Category: Real Estate News

US New Home Sales Reach Highest Level Since October 2007 “The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest level since October 2007.” That is the highest level in nearly 9 years. Favoring by tight labor market, increasing wages,… Continue reading US New Home Sales Reach Highest Level Since October 2007

Orange County Market Update March 2015 Source: Pacific West Association of Realtors “The Median Sales Price was up 8.3 percent to $585,000 for Single Family homes and 4.2 percent to $375,000 for Townhouse-Condo properties. Months Supply of Inventory decreased 22.6 percent for Single Family units and 23.3 percent for Townhouse-Condo units.” Top 3 Cities With… Continue reading Orange County Market Update March 2015

Orange County Market Update February 2015 Source: Pacific West Association of Realtors “The Median Sales Price was up 3.7 percent to $565,000 for Single Family homes and 3.7 percent to $362,000 for Townhouse-Condo properties. Months Supply of Inventory decreased 20.0 percent for Single Family units and 17.9 percent for Townhouse-Condo units.” Top 3 Cities With… Continue reading Orange County Market Update February 2015

Orange County Market Update January 2015 Source: Pacific West Association of Realtors The Median Sales Price was up 5.2 percent to $549,000 for Single Family homes and 4.5 percent to $350,000 for Townhouse-Condo properties. Months Supply of Inventory decreased 14.3 percent for Single Family units and 17.9 percent for Townhouse-Condo units. Top 3 Cities With… Continue reading Orange County Market Update January 2015

Market Update December 2014 for Orange County, California Source: Pacific West Association of Realtors Top 3 Cities With Biggest Median Price Changes Signal Hill Laguna Hills Laguna Beach Top 3 Cities With Least Median Price Changes Bell Gardens Corona del Mar Hawaian Gardens Here is the full report Median Sales Price Percent Change Aliso Viejo… Continue reading Market Update December 2014

Market Update November 2014 for Orange County, California Monthly Snapshot: +5.6% in median sale price Other cities of interest City Median Price % Change Anaheim $455,000 7.1% Garden Grove $445,000 6.7% Orange $578,000 4.1% Santa Ana $425,000 16.4% Westminster $545,000 6.9% #buyingahome #sellingahome #gardengrove #santaana #orange #westminster #anaheim #realestate #orangecounty #nationalbrokers #davidpham #ivydinh #realestateagents #realestatebrokers… Continue reading Market Update November 2014

US home prices are at pre-crisis peak in half of states. With an increase of 6.1% in October 2014 comparing to October 2013, it marks the 32 months of consecutive gains in home prices nationally. Those numbers were extracted October CoreLogic Home Price Index report. According to the report, Mississippi was the only state experienced… Continue reading Home Prices at Pre-Crisis Peak

Existing home sales went up in October 2014. According to NAR (National Association of Realtors), this is the second month in a row that sales number improved. October sales came in at annual rate of 5.26 million units comparing to 5.18 million units in September, an 1.5% increase. There are several factors contributing to this… Continue reading October Home Sales UP