Homes that are in escrow continue to climb to the highest point I’ve ever measured, going back to 2006. The number of homes in Escrow in South Orange County is up every week since the beginning of the year (up 114% ytd), up 50% higher than 2008 and up 104% over 2007.
Short Sales account for 62% of the homes in escrow. Foreclosures (REO’s) account for 11% of our escrows (down from 25% a couple months ago).
Check out Orange County Real Estate trends with the links below. The charts will show you number of homes for sale (Inventory), Escrow, Unit Sales & Pricing Trends. Feel free to check out near-by cities on the other BLOG posts as well.
Click Below:
To Search All Homes On The Market Simply Click Below
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