|
The seat of Disneyland and fabulous 64 Km. of beaches make Orange County a tourist destination. Orange County homes have three sectors: Irvine, planned and developed by Irvine Company at the beginning of the 1960’s. and considered the 5th best city in the U.S., with two Universities and one college (University of California; Concordia University and Irvine Valley College) and several campuses acting as satellite centers of other American universities. The Technology booms in Irvine with semiconductor industries and IT facilities. Anaheim, with its resorts, hotels, theme parks and the Angel Stadium, the city is populous and expected to grow to 400,000 by the end of 2014. Its commercial district encompasses a balanced mix of shopping centers, historical places and the Platinum Triangle - a previously industrial and commercial area being redesigned towards an urban environment with multiple house developments, office buildings, highrises and commercial centers. Santa Anna, places itself behind New York City in population, with almost 14 million people. Its downtown core contains government buildings such as the Ronald Reagan Building, the Courthouse, the City Hall and retail establishments as well as housing. In the south district is the most visited Commercial Center in the County, the South Coast Plaza (Costa Mesa), while north from the downtown area is the “Midtown District” in where the Bowers Museum sits proudly with the Discovery Science Center. This stunning mix of urban, commercial and tourism in the county attracts visitors, as well as workers who in time need to find housing. The low interest rates prevalent at the moment make Orange County Homes a desirable investment. Condominiums are in high demand, as well as resale properties and new home developments. Coastal areas are in high demand and have kept steady despite the financial turmoil that collapsed the Real Estate Market in other areas of the U.S. The SoCal MLS (Southern California Multiple Listing Service), is one of the most reliable sources to obtain accurate information on sales and re-sales. The market trend for Orange County is a solid rebounding in Real Estate. The mortgage industry, in spite of the setbacks will develop new products. The FHA loans have been very useful and mostly all the financing comes through them, thanks to the very persuasive 3.5% down instead of 20% down of a regular loan. The U.S. Department of Housing and Urban Development (HUB) has also a program called SWONAP ( Southwest Office of Native American Programs), who assists Native Americans with plan developments and community planning. Orange County is full of opportunities as well as resources for new home buyers and downsizers. A Realtor will be able to make the search easier, the negotiation smoother and the experience a pleasant one. Many new organizations of FSBO’s (For Sale By Owner) have also the capacity to provide properties in which Seller financing may be available. Either for a Coastal house facing the beach or a Condo in a highrise, Orange County in South California is an excellent opportunity and a sound investment. Learn about Southern California homes for sale and the different areas and what they all have to offer.
Related Articles -
famous, news, area, place,
| 
