After two years of rising home prices in Orange County the truth is that about 1 out of every 4 homes in the OC Real Estate market is considered to be affordable.
With home affordability on the minds of Millennial households the question on the minds of many families is if they can still afford to buy homes in Orange County and the answer is yes.
In today’s post we will share with you several tips you can use to find a home for sale in Orange County, CA.
Unlike in years past where a home buyer would just have their Realtor ® search for homes on the MLS which matched their criteria, today’s Millennial home buyer should search for a Real Estate agent who will be willing to do an enhanced home search including searching through expired listings to help them find homes.
Expired listings are homes which were once listed on the MLS but for whatever reason those listings expired and they may represent a great opportunity for a home buyer who is serious about finding an Orange County home for sale.
The next thing you should consider doing to find an Orange County home for sale is searching through rental listings to find a home which matches your criteria and then have your agent contact the owner of the property to find out if they would be interested in selling their home.
Foreclosures and Short Sales
You can still find foreclosures and short sales in 2015 if you are willing to look for them. Keep in mind that a foreclosure can take up to 3 months for your offer to be accepted and the home might need work when you move in but the return on your investment will be worth it in the long run.
To learn more about where to find homes for sale in Orange County, CA contact Fred Sed & Associates today by calling us at (949) 272-0125.