From the Orange County Register: If you want to understand Orange County’s housing slump at its simplest, please note that just one ZIP code of the county’s 83 major ZIPs enjoyed both rising sales and an increased median selling price in the first half of 2011 vs. the year before. And that ZIP was, according …
Continue reading ‘O.C. hottest housing? Easily, Newport Beach 92660’ »
There was a time when a price reduction tainted a listing. That was several years ago when listings in many areas sold quickly. At that time, it was assumed that something was wrong with a listing if it needed a price reduction. In today’s market, price reductions are common. Sometimes, sellers aren’t content with listing …
American housing in the next decade is expected to be shaped by the changing values of adults ages 46 to 64, a study by the Urban Land Institute indicates. The people in this demographic are healthier than the previous generation of home buyers and expect to work, at least part-time, past the typical retirement age. …
Continue reading ‘Boomer Expectations Set To Affect Home Markets Over The Next 10 Years’ »