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OC Foreclosure and Short Sales Report
Distressed homes, both short sales and foreclosures combined, made up only 0.8% of all listings and 1.4% of demand. There are only 22 foreclosures and 41 short sales available to purchase today in all of Orange County, 63 total distressed homes on the active market, down 5 in the last two-weeks. Last year there were 42 total distressed homes on the market, fewer than today. Foreclosures accounted for just 0.3% of all closed sales, and short sales accounted for 0.4%.