Orange County New Market Data

Posted by Greg Steinaker on Monday, October 20th, 2014 at 10:49am.

                                                                                                                           

 

BanCorp Properties To Release New Orange County Housing Market Statistics Later This Week.

Report to detail trends in the market, updated housing statistics and past months sales trends rolling into Q4 2014 which may prove to be an optimistic quarter rolling into Q1 2015. New construction in east South Orange county should continue to bolster home prices in the inland region of South Orange County will inexpensive money with interest rates still at historical lows will continue to fuel the rapid turn of inventory along the coastal region of South Orange County in the $750,000 - mid $1,500,000's range - where BanCorp see's the higher priced homes in Newport Beach, Newport Coast, Dana Point and the underlying communities along the coastline still primarily being conducted through cash transactions or similar.

Foreign investors continue to flood into the South Orange County housing market which only helps the market. First time buyers benefiting from low interest rates see attractive prices primarily in inland regions of Lake Forest, Mission Viejo and Laguna Hills.

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