Why Laguna Niguel, Rancho Santa Margarita, and Mission Viejo A View From A Mission Viejo Realtor

Ok today in the newspaper we saw indications that there is a brighter yr. than last yr. in the last 4 weeks according to the statistics those 3 areas have show significant positive change. The change was that the percentages have gone up in the number of sales and in the actual number of sales. The price is still going down overall.

I look at the three cities Laguna Niguel, Rancho Santa Margarita and Mission Viejo to get an idea of what and where the market is going. It is a quick way to assess South Orange County from the news paper every Sunday. I use those 3 areas because they have a large enough number of transactions in every type of market condition. If you look at some of the others they are small numbers that tend to skew the results.

To buyers it means there is a lot of competation for the properties that are listed. For the seller it means that there are buyers that are buying homes and condos. Pricing is the greatist concern be sure you have enough information to make the correct decision. If you are a buyer or a seller and have additional questions please contact me.