Your Orange County Real Estate Fast Stats, brought to you by the Orange County Association of Realtors: -2015 Interest Rates Likely to remain low due to virtually no inflation, but could flirt with 5%. -Construction permits and Housing starts have upward momentum. -Prices should continue their Ascent, but at a tempered pace compared to recent years. -Many are forecasting an increase in inventory levels. -Asking prices continue to steadily increase & sellers are accepting a slightly lower share of asking price, which is reflective of fewer multiple offer situations -Nationally, 2014 has been another recovery year with remaining obstacles like mortgage credit and student debt. -Many metrics are approaching a healthy balance point. Interest rates have remained lower than expected & inventory levels finally started rising in most areas as sellers generally listed more properties as a result of stronger prices. Job growth should continue & wage growth is expected to pick up. vimeo/115306167
Posted on: Mon, 29 Dec 2014 19:10:07 +0000
Trending Topics
Recently Viewed Topics
© 2015