Orange County Housing Demands Returning to Normal …

The drop in demand ever since the end of the Federal first-time buyer tax credit on April 30th is slowing and leveling off.  The 4% drop in demand in the last two weeks is much better than the 12% posted two weeks ago.  At this point looking in the rear-view mirror, the end of the Federal tax credit definitely had an impact on Orange County housing demand.   To view the rest of this report regarding the current Orange County housing market, click on the following link:                                        www.OurAgentSpot.com/sthomas/OCHousing-Jun-10-10.doc.

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