Investors Set Records Buying More Orange County CA Homes and Real Estate During January 2012

 

Investor buyers got busy last month during January 2012 at Orange County CA real estate.

The Orange County Register has reported  that Orange County CA home sold prices were below $400,000 in January 2012 for the first time in 33 months. 

Orange County’s median home price - price at the midpoint of all sales - was $392,000 - down $23,000 or 5.5% from January 2011 -  while sold prices were down during January at many of the OC zip code market areas.

Orange County CA home sales were at 1,872 units during January 2012 - which is down 3 percent from January 2011 last year - and 26 percent below the January average since 1988.

Investor buyers like this Orange County home resale market -  28.6 percent of Orange County homes sold during January 2012 were to investors and second home buyers.

_________________________________________

Source of information is OCRegister.com. 

 

Professional REALTOR® agent representation and help for Orange County CA 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.

Posted via email from Explore OC Homes