Olinda Ranch: Brea Homes Short sales vs. Retail?
Brea Homes for sale: Short Sales vs. Retail Sales in Olinda Ranch? Which ones dominated the market?
In looking at Olinda Ranch community in Brea today, you will find total of 6 homes Active in today's market. They are combined types of sales with 2 short sales and 4 Retail sales. For the month of December, there were total of 10 homes went into escrow which 5 were short sales, and 5 retails. The closed ration seems to be almost 50%. There were total of 5 closings in this month. Two of the homes were short sales which is good news for people looking to short sale their homes. It seems like banks are being more cooperative in getting these deals approved. There were also total of 3 Retail sales. So depending on your time frame to buy, both short sales and retail sales exist in this community. If your a homeowner, right now will be good time with low inventory in your neighborhood. It seems that both short sales and retail sales are in demand.
To find out what your home is worth, click on "Whats my property worth?" on www.AshlieDuCros.com For more information of this community, please contact us. The link below will show you the list of homes.
Line Item Report (Market Report December 2009)
Ashlie DuCros
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