2006 State Of The Market Housing Report
The California Association of Realtors (C.A.R.) 2006 Housing Report was just released documenting CA home sales fell last year after four years of impressive gains, the
share of first-time buyers was the second lowest on record and price appreciation slowed.
Additional findings:
* sales of existing single-family homes decreased 23 percent
* price appreciation slowed dramatically as the year progressed.
* buyers using a second mortgage climbed from 38 percent in 2005 to 43 percent in 2006
Interested in buying Orange County real estate. Visit GuideToLocalRealEstate.com to view all real estate listings or contact us, 949-285-3739, for professional representation.
share of first-time buyers was the second lowest on record and price appreciation slowed.
Additional findings:
* sales of existing single-family homes decreased 23 percent
* price appreciation slowed dramatically as the year progressed.
* buyers using a second mortgage climbed from 38 percent in 2005 to 43 percent in 2006
Interested in buying Orange County real estate. Visit GuideToLocalRealEstate.com to view all real estate listings or contact us, 949-285-3739, for professional representation.
Labels: 2006 housing report, california association or realtors, california home sales, hartanov team, orange county real estate
posted by The Hartanov Team at 11:08 AM
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