Some Good News For OC Real Estate

Kitchen Design Style - Martha Stewart KB Homes

J. Lasner from the OC Register reported some good news for OC residents and home owners.

Dollars generated from all the homes sold in Orange County by real estate brokers totaled $10.7 billion this year so far, up 23.3% from the same period in 2009, Southern California Multiple Listing Service figures show.

The uptick in sales revenue translates into increased earnings for real estate professionals as well as for home sellers.

Rising prices and increased sales combined to break a four-year slide in which revenue generated from housing transactions cascaded down by $9.2 billion, or 52%.  (More)


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