Real Estate in Laguna Beach for 2013: A Buyers’ AND Sellers’ Market
Could 2013 be the new 2006?
Laguna Beach and Orange County are leading the State and the Nation in the recovery from the housing Recession.. Overall, California and Los Angeles have been recovering faster than the nation as a whole but Orange County is the standout.
After bottoming out in 2008, Laguna Beach prices stabilized in mid-2012. Since then, prices have risen steadily and are predicted to rise another 10% by next year.  We see first time home buyers, move-up buyers and sellers that have held out for higher prices all entering the market. With interest rates remaining low, values going up and consumer confidence being high equals a winning combination.Â
If home prices go up…