Notices of Default (NODs) in California totaled 25,148 this July. This is a slight decline from 26,421 in June and a roughly 50% decline from NODs recorded one year ago. [For a chart and more information concerning NOD volume in...
Read MoreThe majority of home sales in Orange County are of the short sale variety. Of the 6,268 pending sales in Orange County, 3,639 of them are short sales — 58% of all pending sales. The astronomical proportion of short sales (58%)...
Read MoreCondominium (condo) prices in California are lower than ever. Condo prices in the so-called sand states (the group of real estate markets hit hardest by the economic crisis: California, Nevada, Arizona and Florida) have plunged...
Read MoreAs the financial market wavers and business growth remains uncertain, occupancies for commercial buildings continue to ebb, leading to the lowest lease rates in Southern California in years. Vacancy rates increased across the...
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