14 Jan NOW Is The Time To Buy In Orange County!
NOW Is The Time To Buy In Orange County!
Chris Thornberg, Founding Principal of Beacon Economics and long time skeptic of the National Association of Realtor states “Now is the time to buy”. According to the NAR 2007 was a good time to buy… obviously they were wrong since home values are between 10% and 50% lower than 2007. Thornberg says “I’m probably the most optimistic I have been about the economy in the last eight years.” These are big words coming from Thornberg, He states a host of indications pointing to the housing markets improvement.
Be wary though, This economy shows no signs of quick turnarounds, OC Premier Estates sides with Thrornberg and suggests to buy now while mortgage rates are at an all time low, and to hold your estate for a minimum of 5 years before considering selling. The housing market in Orange County is bound to go up, as to when exactly we shall have to wait and see.
Bret Johnson
– OC Premier Estates – Dana Point & Laguna Beach Real Estate Specialist
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