Orange County Ca Real Estate Sales and Prices Up March 2013

Orange County Ca real estate markets continued to be crushed with buyers during March 2013 – with home sales and prices up as compared with same time last year 2012.

MARCH 2013

Resale home sales prices were up 22 percent this year March 2013 as compared with March 2012

Orange County CA home selling

Resale homes sale volume was up 10.1 percent

New home sales prices were up 12.5 percent

New home sales volume was up 38.3 percent

Resale condo prices were up 28.8 percent

Resale condo home volume was down 4.1 percent

Median home sold price was up to $505,000 – which is up 26 percent from the $400k median one year ago

Orange County Home Sales volume was up 7.2 percent from one year ago

Irvine had 332 homes sold during March 2013, and it continues to be the Orange County big-time leading city for real estate sales.

Orange County CA home selling markets need more sellers and listings.

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Source of information is OCRegister.com with reference to DataQuick real estate news.

People ask us about listing and sale of Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Irvine and Orange County, CA.

Contact us about selling your home

Contact us for a free market evaluation and about strategy for listing and sale of your Orange County CA home.

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Top Ways to Get Your Purchase Offer Accepted in this Home Sellers’ Market

How to get your purchase offer accepted

I served recently on a panel discussion by REALTORS at Chapman University at Orange CA on “Top Ways to Get Your Purchase Offer Accepted in this Seller’s Market”.

This discussion was interesting, and here is my outline of TOP WAYS TO GET YOUR PURCHASE OFFER ACCEPTED in this seller’s market.  Continue reading

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How to Transfer Your Home’s Property Tax Basis to Replacement at Orange County CA

Property tax

People who want to sell a house at Orange County and buy a replacement house ask us how they can protect and transfer their prior property tax basis.

Ad valorem property taxes in California are primarily guided by what is set forth in California Proposition 13, a constitutional amendment enacted by voters during 1978.  CA proposition 13 Continue reading

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Irvine CA Home Selling and Real Estate Trends

Woodbury Irvine

Irvine CA real estate has lack of sufficient inventory of homes for sale during this time to satisfy buyer demand.

Irvine has 190 homes listed for sale on the MLS – as of today March 14, 2013.

238 Irvine homes went into “backup” or “pending” status during the past 30 days.  Continue reading

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Shady Canyon at Irvine Luxury Homes

Shady Canyon at Irvine

Shady Canyon Irvine

Shady Canyon at Irvine has been prized for its exclusive estate homes and private golf course since start of development eleven years ago. Continue reading

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Big Drop in Distressed Homes for Sale Listings at Orange County CA

Orange County CA real estate has experienced a big and dramatic drop in number of distressed residential properties – both short sales and foreclosures – listed for sale.

Orange County distressed homes listing inventory

Total Orange County distressed property listings, short sale and foreclosure listings, is down from peak during 2007 of about 5,000 – to less than 500 homes – lowest level in many years.

Orange County CA real estate 2013 Continue reading

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C.A.R. Launched New Tool to Help Home Buyers Bridge Down Payment Gap

California Association of Realtors 

In an effort to provide California home buyers with up-to-date information about available home buyer assistance programs, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today (February 19, 2013) launched California Mortgage Resource Directory (http://mortgage.car.org), a powerful search tool that identifies current mortgage programs in communities throughout the state.

Buyers can search by city or address for public- and private-funded assistance programs including FHA/VA, HUD, affordable fixed-rate mortgages, rehab loans, and more. Continue reading

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Newport Beach CA Home Selling Big Numbers to Cash Buyers

Newport Beach CA home owners sold lots of homes last year 2012 to all cash buyers.  Property sales were up and values improved.

Newport Heights homes Continue reading

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Top Things Orange County Home Sellers Should Consider for Listing Strategy

 
 

Top Home Selling Strategy

Top Things for Orange County CA home sellers to consider prior to listing for sale. Orange County CA home selling

1. Clean and uncluttered is key for your seller success. Buyers always like to see clean and uncluttered homes.

LISTING YOUR HOME FOR SUCCESS

2. Staging for showing and sale - Interior new paint and replacement furniture and furnishings could be the perfect improvement for your home to show off for buyers. Contact an experienced local Realtor agent for information on your choice of staging contractors.

3. PRICE IT RIGHT - See and used closed sale property comp data as key for success. price it right

Buyers will always look at the comps. When it comes to price, the market’s opinion on sold homes is what matters and will indicate range of value.

CHARACTER OF LOCAL PROPERTIES

4. Preview other homes in the neighborhood. Real estate is local, and character and attractiveness of your home for buyers will depend upon how other properties show.

5. Consider possible renovations and improvements, which would bring you home up to community expectations and help it sell quickly.

6. Prepare your property and list your home for sale now and as soon as possible before start of springtime. You will want to list and market your home while others are on sidelines and before other sellers compete for your buyer.

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Contact us for free comparative marketing analysis of your Orange County home and strategy for listing and selling at the highest price in the shortest possible time.

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Professional REALTOR® agent representation – help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

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Orange County CA Housing Markets Continue to be Tight

Orange County continues to experience very tight housing markets and not enough homes listed to satisfy buyer demand.

ORANGE COUNTY CA HOME SELLING

Broker Steven Thomas at his www.ReportsOnHousing.com said again this week that Orange County simply doesn't have enough homes on the market.

ORANGE COUNTY LISTING INVENTORY

Orange County homes that are priced correctly and placed on the market these days are selling very quickly.

Number of homes sold last month January 2013 at Orange County is down from last year, because REALTORs® and brokers don't have enough homes to show and sell.

Number of active listings at Orange County – 3,271 homes – is close to number of pending sales – 2,887 homes.  This shows big buyer demand.  

Average market time for Orange County home selling - from list date to conclusion of sale – is very fast and favors sellers big time.

Orange County home owners who want to sell should know:  Now is the best time for Orange County sellers to get going, list for sale and price properties correctly.  Owners should contact experienced local REALTORs® and get their homes listed for sale now and as soon as possible.

 

WHY NOW IS BEST TIME TO SELL

   

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