Well the bottom is in, says Data-Quick Information Systems (a national real estate data tracking company). Orange County home prices have moved by the biggest margin in 8 years! As of Feburary 2013 the midpoint of all sales in Orange County was $477,000 a increase of 22.3% in the last 12 months. Looking back since the crash the lowest midpoint of all sales in Orange County was in January 2009 where the midpoint was $370,000 and the highest was in June of 2007 at $645,000.
Bottom line, prices are moving up and rates couldn't be any lower. If you are thinking about buying a home in Newport Beach, Orange County areas or its just time to upgrade your existing home, contact us today!