Good news for real estate in the Orange County area! In a recent article by the Orange County Register, “the Orange County housing market ended 2012 on a strong note, as sales soared and prices climbed to the highest level in 4 1/2 years, according to two reports released” recently. With both sales and prices up …
A dramatic shortage of homes for sale in California has created an especially tough market for first-time buyers, with nearly 6 in 10 homes getting multiple offers, a California Association of Realtors survey shows. Fifty-seven percent of homes for sale got multiple offers in 2012, the highest percentage in at least the past dozen years, …
Continue reading ‘6 in 10 homes on the market get multiple offers’ »
Many of the significant upcoming laws are in the landlord-tenant arena, but other new laws involve foreclosures, HOAs, settlement agreements, smoke alarms, mobile home parks, and much more. Landlord Must Disclose Notice of Default to Prospective Tenants: Starting January 1, 2013, every landlord who offers for rent a residential property containing one-to-four units must disclose …
Continue reading ‘New California Laws for Real Estate in 2013’ »
2 reports show Calif. real estate on a roll Two reports show California real estate on a roll. California home sale prices came close to a 4-year high in July, with the pace of sales year-over-year growing for the fourth month in a row, the California Association of Realtors says. “It’s hard to generalize the …
Continue reading ‘Real estate in California is on the move’ »