O.C. home sales jump, builders follow | Article by OC Register – Jon Lansner “It’s taken perhaps six years, but here come the homebuilders. With Orange County homebuying of all types of homes running at a six-year high, developers other than the Irvine Co. are finally getting in gear. Analysts have made it official, Orange …
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Strongest March for O.C. homebuying since ’07 Orange County’s spring house shopping season got off to a fine start with the best March for sales since 2007. DataQuick reports that 2,856 residences sold last month — a 9.2% improvement vs. a year ago and the best March since 3,130 sold in 2007. Still, the rising …
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Despite the fact that key market indicators released in recent weeks have shown declines in home sales, anecdotal reports from real estate agents in the field suggest “better days are ahead for the industry,” according to commentary released Monday by the economic team at Wells Fargo Securities, LLC. Even builders – who’ve endured possibly the …
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Housing affordability increased in 22 of the state’s 28 metropolitan areas in the third quarter, according to the California Building Industry Association’s Housing Opportunity Index (HOI). On a statewide basis, the HOI found that a family earning the median income could have afforded 63.5 percent of the new and existing homes that were sold during …
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