Check out Prominent Escrow’s infograph of April 2015 data showcasing the current Orange County Real Estate Market.
CLICK HERE to download the infograph as a PDF document.
It’s a great time to sell in Orange County. Steve Thomas of Reports on Housing states, “The Orange County housing market is currently hot and favors sellers.” A total of 2,225 single family homes sold in Orange County this past April with a median selling price of $675,000 (up 5.5 percent compared to the median selling price of single family homes sold in April of 2014).
While rental prices in Orange County continue to rise, more homebuyers are entering the real estate market for the first time. They quickly discover how competitive the market is due to the current supply of homes being too low to meet the demand. Homes in Orange County are selling at a rate that is the fifth fastest in the united states. In fact, 59 percent of homes in Orange County sell within two months. In comparison, only 40 percent of homes nationwide sell within that time frame. Homes priced between $250-500K are flying off the shelves and are expected to be on the market in average of 47 days.
The real estate market in Orange County is HOT!
Prominent Escrow Services is excited to announce that we have added a new office location in Orange County! We now offer our superior, personalized escrow service in Fullerton, California.
We are dedicated to delivering the highest quality escrow service to our clients and strive to make your closing as easy as possible. Our knowledgeable escrow officers are highly experienced in real estate procedures, insurance, taxes and deeds with a wealth of experience in escrow services relating to residential resale, refinance, REO, new homes, short sales, commercial, and investment property. We understand the complex, ever-changing market and have made it our business to be the only escrow resource you depend upon.
LIKE US ON FACEBOOK and we will let you know when we host educational classes for REALTORS and snazzy happy hour events you won’t want to miss in the Fullerton area.
Your escrow is our priority. We look forward to working with you at our new Fullerton office location!
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