OCR Money: Half of O.C. homes selling for less

The housing market is no good. Here is what I read from The Orange County Register on Friday, Aug. 15, 2008.

Survey of recent ‘paired home’ sales shows that almost 1 out of every 2 homes sell for less than their previous sale price.

The Orange County Register

The modest house on Blue Jay Lane seems like an unlikely place to find a countywide trend.

Yet the three-bedroom, two-bath Garden Grove house less than five miles from Disneyland just sold for $439,000 – precisely $200,000 less than what the previous owner paid.

Read more, click here


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: