Thursday, February 25, 2010

Orange and LA County Home Sold Prices Level During December 2010 - Real Estate Market Good News

Report by Jeff Collins at the Orange County Register is positive that home sold prices in Orange County and Los Angeles County were level during December 2009 as compared to same time in 2008.
Los Angeles and Orange County home prices were even with last year’s levels in December, the first time prices didn’t fall in almost three years (according to the Case-Shiller Home Price Index).  
Chairman of the Case-Shiller Index Committee said: “As measured by prices, the housing market is definitely in better shape than it was this time last year, as the pace of deterioration has stabilized for now.”
This is good and sign of possible stabilizing local real estate markets.

Harrison K. Long, Realtor & broker, Explore Group, Coldwell Banker Previews, Irvine, CA.  CA DRE #01410855.  Lawyer member of the California State Bar Association - State Bar number 69137.  Helping People with their Best Decisions About Real Estate at Orange County, California. 

For information about Irvine and Orange County homes and properties, please contact us at Thanks.

Posted via email from Explore OC Homes


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