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Are we reaching the bottom of the market?

The numbers are in, and we actually l have a local rise in home sales for the month of December. jpegTypically the holidays are a slow time of year, so even though there was only as 6% increase in sales, any increase raises hopes that this is a sign that the real estate market in Orange County is on the rebound.

The question on many residential home buyers and investors minds is, have we reached the bottom of the market? This is a difficult question to answer. What does the bottom of the market mean to you? Cheaper sales prices? Better loan options? More selection of homes and neighborhoods to choose from?

Well, if you are a buyer and you are looking for these types of home buying conditions...the time is now! If you wait until the summer which is typically the buying season, you may be choosing from a lot less inventory and have to pay higher interest rates and even higher sales prices.If your real bottom line is getting a home you like at a price you love, work with an experienced REALTOR that will negoiate for you! If you are a well qualified home buyer with a strong real estate professional, you can accomplish your buying goals!

Looking for a home in North Orange County? Contact Tina Maraj 714-403-7901.

Specializing in Residential home sales in Fullerton and the surrounding cities!

Written By Tina Maraj, REALTOR since 1989! www.TinaMaraj.com

Would you like to search the MLS like an agent? Go to http://fullertonrealestate.listingbook.com/

Posted Tuesday Feb 03