The Upcoming Trend of Orange County Real Estate
Orange County is a county in the state of California, in US. It is the third most popular county of California. It is a tourist driven destination with famous tourist spots like Disneyland and Knott's Berry Farm. The beaches along its 40 mile coastline need a special mention. It falls among one of the largest County to have declared bankruptcy post 1994.
Over the last few years default homes for sale are being bought by investors, hence giving rise to inventory. This claimed to be a good sign to be viewed from one angle of the housing market. Among many, the one expected change in upcoming trend of Orange County Real Estate, is in its type of home buyer. Homes for sale were previously bought only for investment purpose but the mindset changed rapidly with the onset of the year, 2013. Houses are being bought on the pretext of residential purpose rather than investment motives.
Last few years were difficult for buyers as investors called high bids for homes for sale in CA and not only that, demand for cash down made buyers struggle to get their dream home. A collective buyer battle against investors saw the face of sun in March, 2013. The competition between buyers relaxed, as inventory of homes for sale rose each month since March, 2013. According to the Multiple Listing Service, Real Estate reflected 6350 homes listed for sale in 2013 in comparison to 4199 last to last year.
Price of homes is another factor for the change in buyer profile. The median price recorded in September for a homes for sale in Orange County(CA) is, $5, 50, 000 which is a clear 22% increment from the previous year.
There are agents available who specialize in Orange Real Estate County for sale. They focus to give a broad variety of choice to our buyers and sellers. The variety is offered with listings specific to regions like Aliso Viego, Laguna Beach, Laguna Hills, Ladera Ranch, Rancho Santa Margarita, Coto de Caza, Newport Beach and other adjacent cities.
As for home buyers, a good and tenured real estate agent is quite helpful when hunting for a proper real estate for residential or investment purpose.
Let us talk briefly about transportation facility in Orange County(CA). The Orange County transportation is the primary transit there. It was voted among the best large public transportation system in United States. OCTA manages the bus network of the county and even funds construction of major roads, highways and freeways. There are three major interstate highways on which the ground transportation relies heavily. Metrolink has operated three commuter lines since 1992. Orange County's major airport is John Wayne Airport.
Orange County is home for many renowned colleges and universities. Orange Community has a history of planned communities at large. Master planned communities comprise of nearly 30% of the county. To name few are City of Irvine, Coto de Caza, Tustin Ranch and Anaheim Hills.
From 2013 almost 80% buyers of Orange-County started their home search through internet. Talk to your real estate agent at the earliest to implement innovative real estate search and get you your dream home from seller or to sell your home at top dollar.
Over the last few years default homes for sale are being bought by investors, hence giving rise to inventory. This claimed to be a good sign to be viewed from one angle of the housing market. Among many, the one expected change in upcoming trend of Orange County Real Estate, is in its type of home buyer. Homes for sale were previously bought only for investment purpose but the mindset changed rapidly with the onset of the year, 2013. Houses are being bought on the pretext of residential purpose rather than investment motives.
Last few years were difficult for buyers as investors called high bids for homes for sale in CA and not only that, demand for cash down made buyers struggle to get their dream home. A collective buyer battle against investors saw the face of sun in March, 2013. The competition between buyers relaxed, as inventory of homes for sale rose each month since March, 2013. According to the Multiple Listing Service, Real Estate reflected 6350 homes listed for sale in 2013 in comparison to 4199 last to last year.
Price of homes is another factor for the change in buyer profile. The median price recorded in September for a homes for sale in Orange County(CA) is, $5, 50, 000 which is a clear 22% increment from the previous year.
There are agents available who specialize in Orange Real Estate County for sale. They focus to give a broad variety of choice to our buyers and sellers. The variety is offered with listings specific to regions like Aliso Viego, Laguna Beach, Laguna Hills, Ladera Ranch, Rancho Santa Margarita, Coto de Caza, Newport Beach and other adjacent cities.
As for home buyers, a good and tenured real estate agent is quite helpful when hunting for a proper real estate for residential or investment purpose.
Let us talk briefly about transportation facility in Orange County(CA). The Orange County transportation is the primary transit there. It was voted among the best large public transportation system in United States. OCTA manages the bus network of the county and even funds construction of major roads, highways and freeways. There are three major interstate highways on which the ground transportation relies heavily. Metrolink has operated three commuter lines since 1992. Orange County's major airport is John Wayne Airport.
Orange County is home for many renowned colleges and universities. Orange Community has a history of planned communities at large. Master planned communities comprise of nearly 30% of the county. To name few are City of Irvine, Coto de Caza, Tustin Ranch and Anaheim Hills.
From 2013 almost 80% buyers of Orange-County started their home search through internet. Talk to your real estate agent at the earliest to implement innovative real estate search and get you your dream home from seller or to sell your home at top dollar.
