Here Are All The Sold Units for Orange County, CA over a 12 month period from May 2007 to May 2008. The Red Markings Show Sales in Single Family Homes & the Blue Markings are Condo's Sales. Bottom chart shows all price ranges and Top chart shows solds in the under $500,000 price range. Notice the increase in SFR sales in the under $500,000 range. Investors are coming back into this market and picking up the bargain basement prices on condo's under $500,000. This is a great time to pick up great buys!
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