Navigation Links
Dana Point Real Estate Market Forecast 2013 Released by Sam Smith
Date:12/30/2012

Dana Point, California (PRWEB) December 30, 2012

The Dana Point Real Estate Market Forest for 2013 has just been released by Dana Point Realtor Sam Smith who works in the Dana Point, California area. Smith is a long term resident in the area and has been watching the market very closely for his clients.

"The Dana Point Real Estate market has changed a great deal this year" according to Smith. "We’ve seen a major reduction in the home inventory, a 60% decline in all of Orange County with home prices increasing approximately 7% this year. The home mortgage loan rates remain at historic lows and average around 3.5 - 4%. These three indicators are a big sign that the housing market in Orange County is back in full swing" according to Smith.

Due to the shortage of homes on the market, the well priced homes under $1,000,000 are getting offers very quickly and do not last on the market for more than 2-4 weeks. Homes over the million dollar price point are taking slightly longer to sell but are selling if priced correctly. Location and view are some of the strongest selling points in addition to price for these homes to sell quickly. The closer you are to the beach or the better the view you have are big selling points in Dana Point.

What do we expect to see happen to the Dana Point real estate market in 2013? After the holidays are over we should see a bump in the home inventory. Every year January tends to be one of the busiest months in the year no matter if we are in a down market or a strong market. Buyers who are motivated typically start making offers in the first part of the month. Prices should continue to rise modestly especially in the lower price ranges which have been hit hard by distressed properties in the last couple years. It should be noted that many banks are letting agents know that a large supply of short sale listings will be coming on the market in the next year. Expect to also see an incremental increase to home loan rates probably rising over the year to the 4 – 4.25% level. In addition, an increase in the number of transactions throughout the year, as more people feel secure about the economy and housing.

About Sam Smith: Sam is a real estate broker who has sold real estate in the Dana Point community for over 12 years. His commitment and understanding of real estate values have made him one of the most influential agents in the area. Sellers who would like to know their home value should call Sam Smith for a correct number on current market values. Please visit http://www.danapointrealestate.com or call 949-606-4144 today.

Read the full story at http://www.prweb.com/releases/2012/12/prweb10281413.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Experimental Chemo Combo for Colon Cancer Disappoints
2. Study Pinpoints New Abnormality in Athletes Heart
3. Warwick scientists uncover how checkpoint proteins bind chromosomes
4. IU Simon Cancer Center joins WellPoint in developing health care solutions
5. Research May Point to New Obesity Treatments
6. Research With Dogs Points to Early Test for Arthritis
7. More Research Points to Long-Term Ills With Bone Drugs
8. 1960s-era anti-cancer drug points to treatments for Lou Gehrigs disease
9. Hospitalization May Be Tipping Point for Alzheimers Decline
10. With Home Sales Lagging, The Lakes at Pointe West Offers Solution for Seniors
11. Dr. Prabhat Jha, global health researcher, appointed to Order of Canada
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... March 24, 2017 , ... ... Walk with God #TruthwithGrace”: a devotional journal chronicling the writer’s path toward true ... How to Walk with God #TruthwithGrace” is the creation of published author Lea ...
(Date:3/24/2017)... ... March 24, 2017 , ... “The Communion ... real people of God in congregations across the United States. “The Communion ... ordained in 1964 who has served congregations in seven states throughout his long ...
(Date:3/23/2017)... Boulder, CO (PRWEB) , ... March 23, 2017 , ... ... higher bar for entry into teacher preparation programs. The NCTQ report suggests, based on ... boosting entry requirements would significantly improve teacher quality in the U.S. It argues that ...
(Date:3/23/2017)... New Braunfels, TX (PRWEB) , ... March 23, 2017 , ... ... a new clinic, located at 960 Gruene Road in Building 2. The clinic is ... co-owner Dr. Andrew Bennett, PT, says opening the company’s second New Braunfels location brings ...
(Date:3/23/2017)... Holland, PA and Grimsby, Ontario (PRWEB) , ... March 23, 2017 , ... The MBI ... the modular industry or whose acts have had a significant impact on the careers of ... Sales and Marketing with NRB Inc. was inducted into the MBI’s Hall of Fame. ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... 2017  Mirabilis Medical, a Seattle ... non-invasive surgery, announced today CE Mark authorization for ... uterine fibroids throughout the European Union.  The company ... the US Food and Drug Administration to begin ... the United States.  The Mirabilis System combines high-speed ...
(Date:3/24/2017)... and GENEVA , March 24, 2017 ... Tuberculosis Day revitalizes efforts to develop sutezolid as effective ... World Tuberculosis Day, TB Alliance and the Medicines Patent ... development of sutezolid, an antibiotic drug candidate which demonstrated ... the development of sutezolid in combination with other TB ...
(Date:3/23/2017)... , Mar 23, 2017 Research and Markets ... & Trends - Industry Forecast to 2025" report to their ... The ... around 6.9% over the next decade to reach approximately $3.5 billion ... and forecasts for all the given segments on global as well ...
Breaking Medicine Technology: