By Namneet DhaliwalJuly 23, 2007Houses are staying longer on the market and we are experiencing a decrease in price as compared to last year, if the sales continue to slow like this, we could see this pull back in prices going to 2004 levels. According to local MLS data there were about 173 resi...
By Namneet DhaliwalJuly 23, 2007According to local MLS data there were about 258 residential properties for sale in 08/01/2006. As of July 23, 2007 there are 312 homes listed for sale, showing a jump in the inventory as compared to the last year.We are starting to see a long list of price reducti...
 By Namneet DhaliwalJuly 23, 2007 Orange County CA Real Estate continues to have higher inventory and lower number of properties in pending status. As of July 20th 2007, there were 17554 homes listed and only 2577 homes were under contract. This is a greater disparity compared to June 17th 2007 w...
 By Namneet Dhaliwal Realtor Orange County CAJuly 12, 2007The numbers are conflicting with the actual market value of homes.Many people look at the median sale price to gauge current real estate market trends. Median sales prices can be very deceptive as it only measures the middle point of prope...

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