First Quarter pending homes sales increasing in Orange County and so are distressed properties. This time of the year increased sales are the normal as reported by REALTORS® (C.A.R.). “The total share of all distressed property types sold statewide increased in February to 56 percent, up from 54 percent in January and up from 55 percent in February 2010. Non-distressed sales made up the remaining share at 44 percent in February, down from 46 percent in January and down from 45 percent in February 2010.
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http://www.adorerealty.com/2011/04/orange-county-real-estate-distressed-sales-rising/ http://amplify.com/u/byfyh
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