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Lasner On Real Estate
Lansner on Real Estate
The latest news about the housing market from Orange County Register columnist Jon Lansner.

  • Tell us ?Is $27 million sale sign of housing bottom??
    No press release will officially decree when the O.C. housing market’s revival begins. As a public service, we’ve dug up certain bits of fresh evidence (click the links for more details on each trend) that hints that a bottom might be close. That’s “bottom,” as in end of the relentless downturn, not a return to [...]

  • Drop in Calif. real estate licenses continues
    California Department of Real Estate statistics show that the number of real estate licenses has plateaued. But even though the number of licensees has decreased for a fourth consecutive month, the total remains close to record levels. Real estate licenses peaked in November at 549,244. That’s 1.5 licenses for each house sold in the state in [...]

  • O.C. toll roads traffic falls
    Want to bet the weak O.C. real estate market has something to do with this? To the north, on the 91 Express Lanes, traffic’s off 6 percent in the first 10 months of the current fiscal year through April vs. the previous year. Assuming the trends hold, this will mark the first drop in use since [...]

  • Newer O.C. apartments suffer more vacancies
    REIS Inc. reports that during the first quarter, O.C. apartments built after 1999 had 2.5 times the vacancy rate of the county as a whole. Countywide vacancies were 4% in the 784 O.C. complexes that REIS studied. Units constructed after 1999, however, had a 10% vacancy rate. The oldest apartments — built before 1970 — had [...]

  • Historic home becomes O.C.?s 4th priciest sale
    A group of investors with “an international perspective” bought the house built by a former Irvine Co. boss on the promontory overlooking the entrance to Newport Bay, listing agent Rob Giem said. Quatre Saisons Real Estate LLC sees the Corona del Mar home it bought for $27.1 million (just below a $28 million asking price) [...]


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