Tag Archives: Selling Orange County Real Estate
New Home sales UP almost 26 percent!
Sales of new single family houses were at 5.4 percent in July 2015 above the revised June rate of 481,000 and 25.8 percent above the July 2014 estimate of 403,000 single family homes. The robust improvements in last week’s new housing starts numbers are especially encouraging for new home sales moving UP! New home inventoriesContinueContinue reading “New Home sales UP almost 26 percent!”
Why Americans choosing to rent more?
The National Association of Realtors said Thursday that sales of existing homes rose 2 percent last month, the fastest rate since February 2007. Sales have jumped 9.6 percent over the past 12 months, while the number of listings has declined 4.7 percent. However, despite the higher sales, more Americans are choosing to rent. The shareContinueContinue reading “Why Americans choosing to rent more?”
WOW! Rents at an All-Time High
Rents are at an all-time high for single-family homes according to Zillow’s affordability report for the second quarter of 2015. Did you know that consumers are currently spending an average of twice as much of their monthly income on rents as they are on mortgage payments? Money talks! This is WHY NOW is a goodContinueContinue reading “WOW! Rents at an All-Time High”
Sandy Flores, Broker CPRES 