Thursday, July 7, 2016

Tuesday, July 5, 2016

Thanks, Brexit! Why UK vote is likely to boost US home sales

The net effect will depend on location and price point, but overall, the Brexit will likely result in continuing growth in home sales with somewhat slower growth in home prices. The impact will benefit well-qualified buyers the most, and it will be a boon for sellers in affordable markets and price points.
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Orange County Real Estate Market Sees Price Cuts High | Published: 7/1/2016 | Homesnap Real...

September was the last time there were so many price reductions in the Orange County market, with 3,065 reported over the last 30 days. The market also had 2,752 homes change hands. When comparing other close-by counties within the same period, the most came from Los Angeles County with 4,624 price reductions. Pricing in Orange County remains consistent from last week to this week, with the median sales price at $645,000 again. There are only three months of inventory available in Orange County, so it's a seller's market, even with the decrease in sales.
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