Distressed Home Sales Are Almost Gone in Orange County

714-997-3486

Distressed homes, both short sales and foreclosures combined, made up only 0.8% of all listings and 1.6% of demand. There are only 21 foreclosures and 37 short sales available to purchase today in all of Orange County, 58 total distressed homes on the active market, down by one from two weeks ago. Last year there were 82 total distressed homes on the market, 41% more than today.

DRE#01266522
Location: Orange, CA, USA

Comments

Post a Comment

Popular posts from this blog

Orange County Housing Summary: October 29, 2024

Image
                                                                         David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks decreased by 29 homes, down 1%, and now sits at 3,666, its first drop since March and a strong indicator that a peak was reached a couple of weeks ago. In August, 31% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 1,083 less. Yet, 300 more sellers came on the market this August compared to August 2023. Last year, there were 2,340 homes on the market, 1,326 fewer homes, or 36% less. The 3-year average before COVID (2017 to 2019) was 6,400, or 75% extra. Demand, the number of pending sales over the prior month, jumped by 141 pend...
Read more

Orange County Housing Summary: November 25, 2024

Image
                                                                         David Deem Broker Associate 714-997-3486 Dave@DeemTeam.com The active listing inventory in the past couple of weeks decreased by 158 homes, down 4%, and now sits at 3,358, its lowest level since the start of July and its largest drop of the year. In October, 21% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 743 less. Yet, 486 more sellers came on the market this October compared to October 2023. Last ye ar, there were 2,309 homes on the market , 1,049 fewer homes, or 31% less . The 3-year average (2017 to 2019) was 5,359, or 60% extra. Demand, the number of pending sales over the prior month, decreased by 95 pending sales in the past two weeks, down 7%, and now totals 1,363. Last year, the...
Read more

The 2025 Yard Sale Season Calendar is Here!

Image
The 2025 season is nearly 3 months away!    Here is the 2025 Yard Sale Season Calendar   January 18, 2025: Area 1   February 1, 2025: Area 7     March 15, 2025: Area 2     March 22, 2025: Area 8     April 12, 2025: Area 3     April 26, 2025: Area 9       May 17, 2025: Vista Santiago       May 24, 2025: Area 6      June 21, 2025: Area 1      July 12, 2025: Area 7      July 19, 2025: Area 2    August 16, 2025: Area 8 September 13, 2025: Area 3 September 27, 2025: Area 9    October 4, 2025: Area 6 Visit www.deemteam.com to sign-up! And remember, We not only host yard sales, we also sell houses!
Read more