ALISO VIEJO, CA-Although demand for new homes remain below last year's rate, unsold homes in Orange County have continued to rise in the last two weeks, reports Steve Thomas of Altera Real Estate.
Thomas reported that an additional 236 owners have listed their homes for sale as of Thursday sending the total to 11,650, and in the past month up to 3,002 owners inked sales contracts. This is the first time that the demand for home sales exceeds 3,000. For the full story, go to Orange County Register.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
