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Just when you thought you couldn't buy a cardboard box for less than $200K...

$142,500

What would you suppose that money would get you in Orange County today?

....

....If you guessed nothing, you're in good company, but you're wrong. Trust me, I'm as floored as you.

Would you guess a 2-bedroom condo a mile from Disneyland?

I was conducting a search for a first-time buyer client of mine, hoping to find her a unit in the "under-$200k" range, and was shocked at the results. Even after eliminating all the short pays there were still 17 2-bedroom (or more!) units available in Anaheim.

This is particularly exciting in Anaheim as they have some excellent first-time buyer programs for people who work or already live in the area. Buying can be quite literally cheaper than renting right now.

Posted Thursday May 01