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Number of Orange County Homes In Distress Continues To Rise

Number of Orange County Homes In Distress Continues To Rise


39% of homes in Orange County are in distress and as of Dec. 9th, there are 748 foreclosures and 3,316 short sales on the market in Orange County.

I can help, give me a call at 714-423-1993 or email me at realestateproducer@yahoo.com to discover my successful and effective tactics in securing REO properties in this accelerated and zealous buyer's market.

I also can help on Probate Sales and Trust. 

The following numbers are based on a report from Steve Thomas at Altera Real Estate:

City / Listings / Foreclosures & Short Sales / % Distressed
Aliso Viejo 268 151 56.3%
Anaheim 610 391 64.1%
Anaheim Hills 181 75 41.4%
Brea 97 44 45.4%
Buena Park 164 96 58.5%
Corona Del Mar 140 10 7.1%
Costa Mesa 213 82 38.5%
Coto De Caza 111 26 23.4%
Cypress 130 60 46.2%
Dana Point 250 73 29.2%
Dove Canyon 21 7 33.3%
Foothill Ranch 54 33 61.1%
Fountain Valley 128 50 39.1%
Fullerton 412 177 43.0%
Garden Grove 312 162 51.9%
Huntington Beach 658 217 33.0%
Irvine 733 230 31.4%
La Habra 187 94 50.3%
Ladera Ranch 166 101 60.8%
Laguna Beach 304 32 10.5%
Laguna Hills 143 64 44.8%
Laguna Niguel 344 153 44.5%
Laguna Woods 347 30 8.6%
Lake Forest 175 107 61.1%
Mission Viejo 399 191 47.9%
Newport Beach 488 71 14.5%
Newport Coast 123 6 4.9%
Orange 472 199 42.2%
Placentia 139 66 47.5%
Portola Hills 24 15 62.5%
Rancho Santa Marg. 222 136 61.3%
San Clemente 389 118 30.3%
San Juan 152 43 28.3%
Santa Ana 549 323 58.8%
Seal Beach 292 14 4.8%
Talega 83 31 37.3%
Tustin 292 109 37.3%
Villa Park 36 3 8.3%
Westminster 143 51 35.7%
Yorba Linda 333 118 35.4%
All of O.C. 10,539 4,064

38.6%

Original article: OC Register
Posted Tuesday Dec 14