Positive News On Real Estate » OC at 2005 Demand http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 OC at 2005 Demand http://www.positiveonrealestate.com/pr/256 http://www.positiveonrealestate.com/pr/256#comments Tue, 21 Apr 2009 05:45:47 +0000 admin http://www.positiveonrealestate.com/?p=256 I have been getting reports all over SoCal of multiple offers. As the article points out, someone turned on the spigot.

http://lansner.freedomblogging.com/2009/04/20/demand-for-oc-homes-back-at-2005-levels/19395/

  • It would take 2.97 months for buyers to gobble up all homes for sale at the current pace vs. 3.40 months two weeks vs. 6.55 months a year ago vs. 7.75 two years ago.
  • Homes listed for under a million bucks have a market time of 2.34 months vs. 14.51 months for homes listed for more than $1 million.
  • Just 19 days worth of O.C. foreclosures for sale!

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