August 2012 Yorba Linda CA Real Estate Market Report
By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
ACTIVE REAL ESTATE LISTINGS CONTINUE TO FALL IN YORBA LINDA CA Active real estate listings in Yorba Linda, California decreased by a modest 1.7% from the end of July to August 2012, and have fallen by nearly 24% since January. This trend has been seen in all listing categories throughout 2012, but the largest drops have been experienced in the short sale and foreclosure listing categories. Since the beginning of the year, short sale listings have come down by 53.8% and foreclosure listings have declined over 66%. Real estate prices have begun to rebound in Yorba Linda, California, due to the abnormally low number of houses and condos for sale. In addition, multiple offers and overbids have become commonplace. It has become increasingly difficult to find condos for sale in Yorba Linda, a...
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