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Zen Ziejewski

Aliso Viejo Home Inventories Increase in March

As of April 2nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Aliso Viejo totaled 312 homes (condos, townhomes and single family homes). This is up 20 homes from February 2008 with a total of 292 homes on the market. We have seen a nice pick up in Orange County home sales in February and March of 2008.

The inventory numbers are holding steady which is a good sign for the market. The FED cut interest rates by .75 basis points in March. This will help keep interest rates fairly low as the bond market decides what to do next. The new conforming loan limits were announced in March. The new conforming loan limit is now $729,750. This will definitely help buyers and sellers in the Orange County housing market. The former conforming rate was $417,000 which was well below the median priced home of $530,000.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/

Mission Viejo Home Inventories Go Down in March

As of April 2nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Mission Viejo totaled 458 homes (condos, townhomes and single family homes). This is down 23 homes from February 2008 with a total of 481 homes on the market. We have seen a nice pick up in Orange County home sales in February and March of 2008.

The inventory numbers are holding steady which is a good sign for the market. The FED cut interest rates by .75 basis points in March. This will help keep interest rates fairly low as the bond market decides what to do next. The new conforming loan limits were announced in March. The new conforming loan limit is now $729,750. This will definitely help buyers and sellers in the Orange County housing market. The former conforming rate was $417,000 which was well below the median priced home of $530,000.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/

Orange County Homes Sales for March

From the 22 days prior to March 14th, here are the homes sold for all zip codes in Orange County. Sales are down, of course, from last year at the same time but we do see a slight increase from January 2008. Let's hope we continue to see an increase in homes sales, especially since the Conforming Loan Limits have increased to $749,750!!!!

Community

Zip

Median

Change

Sales

Change

Aliso Viejo

92656

$485,000

-4.7%

60

-40.0%

Anaheim

92801

$374,000

-32.6%

23

-43.9%

Anaheim

92802

$410,000

-27.6%

4

-76.5%

Anaheim

92804

$403,000

-27.9%

26

-35.0%

Anaheim

92805

$375,000

-33.0%

26

23.8%

Anaheim

92806

$440,000

-27.6%

7

0.0%

Anaheim

92807

$500,000

-16.7%

26

-39.5%

Anaheim

92808

$582,500

20.1%

18

-45.5%

Brea

92821

$537,000

-15.4%

25

-13.8%

Brea

92823

$562,500

-17.9%

2

-77.8%

Buena Park

90620

$434,000

-20.4%

21

-30.0%

Buena Park

90621

$445,000

-21.7%

18

-41.9%

Corona del Mar

92625

$1,930,000

27.1%

18

-35.7%

Costa Mesa

92626

$540,000

-19.3%

23

-32.4%

Costa Mesa

92627

$455,000

-25.8%

21

-30.0%

Cypress

90630

$515,000

-10.3%

21

-48.8%

Dana Point

92624

$1,206,750

39.9%

8

300.0%

Dana Point

92629

$732,500

-10.9%

24

-31.4%

Foothill Ranch

92610

$572,500

-11.9%

14

0.0%

Fountain Valley

92708

$560,000

-14.5%

31

-29.5%

Fullerton

92831

$490,000

-13.0%

23

-4.2%

Fullerton

92832

$352,100

-39.9%

8

-52.9%

Fullerton

92833

$480,000

-17.9%

29

-58.6%

Fullerton

92835

$650,000

-12.3%

15

-44.4%

Garden Grove

92840

$412,500

-27.0%

30

-14.3%

Garden Grove

92841

$420,000

-25.0%

16

-48.4%

Garden Grove

92843

$416,000

-24.2%

17

-15.0%

Garden Grove

92844

$405,000

-7.1%

13

8.3%

Garden Grove

92845

$476,000

-17.6%

11

-50.0%

Huntington Beach

92646

$490,000

-19.7%

41

-43.1%

Huntington Beach

92647

$527,000

-21.2%

32

45.5%

Huntington Beach

92648

$800,000

9.6%

48

11.6%

Huntington Beach

92649

$511,250

-27.0%

24

-17.2%

Irvine

92602

$735,000

-6.4%

31

-3.1%

Irvine

92603

$859,000

12.3%

19

-52.5%

Irvine

92604

$545,000

-12.4%

19

-13.6%

Irvine

92606

$720,000

30.9%

14

-12.5%

Irvine

92612

$426,500

-26.5%

20

-47.4%

Irvine

92614

$470,000

-20.7%

17

-29.2%

Irvine

92618

$535,000

-7.8%

24

4.3%

Irvine

92620

$740,000

8.8%

28

-48.1%

Ladera Ranch

92694

$622,500

-6.4%

40

-50.0%

La Habra

90631

$416,000

-14.3%

33

-17.5%

La Palma

90623

$490,000

-30.0%

7

-41.7%

Laguna Beach

92651

$1,872,500

18.4%

21

-47.5%

Laguna Hills

92653

$430,000

-37.2%

18

-47.1%

Laguna Niguel

92677

$700,000

4.5%

50

-49.0%

Laguna Woods

92637

$255,000

-10.5%

23

-34.3%

Lake Forest

92630

$415,000

-25.5%

34

-24.4%

Los Alamitos

90720

$722,000

-14.3%

20

33.3%

Midway City

92655

$500,000

-15.3%

3

0.0%

Mission Viejo

92691

$492,500

-19.6%

37

-21.3%

Mission Viejo

92692

$525,100

-17.2%

33

-59.8%

Newport Beach

92660

$1,370,000

-7.1%

18

-57.1%

Newport Beach

92661

$2,060,500

n/a

3

n/a

Newport Beach

92662

$2,300,000

n/a

1

-50.0%

Newport Beach

92663

$1,710,000

60.1%

13

-40.9%

Newport Coast

92657

$2,000,000

75.4%

7

-61.1%

Orange

92865

$448,500

-24.2%

15

0.0%

Orange

92866

$510,000

-17.1%

5

-44.4%

Orange

92867

$525,000

-23.4%

41

2.5%

Orange

92868

$400,000

-10.1%

7

-12.5%

Orange

92869

$548,500

-12.5%

22

-54.2%

Placentia

92870

$539,000

-12.1%

31

-18.4%

Rancho Santa Margarita

92688

$365,000

-34.2%

40

-59.2%

San Clemente

92672

$689,250

-8.1%

14

-65.9%

San Clemente

92673

$842,000

1.6%

32

-30.4%

San Juan Capistrano

92675

$550,000

-21.3%

22

-52.2%

Santa Ana

92701

$205,000

-43.1%

12

-7.7%

Santa Ana

92703

$362,500

-38.0%

24

140.0%

Santa Ana

92704

$325,000

-43.3%

27

-18.2%

Santa Ana

92705

$675,000

-9.0%

21

-40.0%

Santa Ana

92706

$395,000

-37.1%

9

-65.4%

Santa Ana

92707

$350,000

-37.5%

16

-55.6%

Seal Beach

90740

$830,000

0.0%

10

-47.4%

Stanton

90680

$378,500

-2.3%

17

-39.3%

Trabuco/Coto

92679

$810,000

-9.0%

25

-50.0%

Tustin

92780

$412,250

-33.5%

24

-45.5%

Tustin

92782

$564,500

-9.0%

28

-58.2%

Villa Park

92861

$1,317,500

-4.5%

2

-33.3%

Westminster

92683

$432,500

-27.9%

35

-35.2%

Yorba Linda

92886

$842,500

8.7%

31

-52.3%

Yorba Linda

92887

$690,000

0.7%

19

-32.1%

All resale houses

$575,000

-15.4%

1,192

-33.9%

All condominiums

$376,250

-19.5%

464

-44.4%

All new homes

$532,750

-14.8%

214

-41.4%

All homes

$507,250

-18.2%

1,870

-37.7%

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/

Dana Point Home Inventories Stay Steady in March

As of April 2nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Dana Point totaled 304 homes (condos, townhomes and single family homes). This is up 10 homes from February 2008 with a total of 294 homes on the market. We have seen a nice pick up in Orange County home sales in February and March of 2008.

The inventory numbers are holding steady which is a good sign for the market. The FED cut interest rates by .75 basis points in March. This will help keep interest rates fairly low as the bond market decides what to do next. The new conforming loan limits were announced in March. The new conforming loan limit is now $729,750. This will definitely help buyers and sellers in the Orange County housing market. The former conforming rate was $417,000 which was well below the median priced home of $530,000.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/

Laguna Niguel Home Inventories Stay Steady in March

As of April 2nd, 2008 according to the Multiple Listing Service (MLS) the total number of active listings in Laguna Niguel totaled 454 homes (condos, townhomes and single family homes). This is up 7 homes from February 2008 with a total of 447 homes on the market. We have seen a nice pick up in Orange County home sales in February and March of 2008.

The inventory numbers are holding steady which is a good sign for the market. The FED cut interest rates by .75 basis points in March. This will help keep interest rates fairly low as the bond market decides what to do next. The new conforming loan limits were announced in March. The new conforming loan limit is now $729,750. This will definitely help buyers and sellers in the Orange County housing market. The former conforming rate was $417,000 which was well below the median priced home of $530,000.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.

SEARCH ORANGE COUNTY'S BEST HOMES at http://www.ocdreamhomesandland.com/