Investors are regaining confidence in the market. According to a recent survey, 12.1 percent of homebuyers plan to purchase a home as an investment property; this doubles the number of investors from March 2009. The same survey cites the top two reasons motivating investors–the concern that prices are currently at their lowest and that interest rates will rise.1

Forecasters anticipate an increase in home values according to First American CoreLogic’s LoanPerformance Home Price Index, which states, “In August 2010, the index is projecting that 12-month appreciation for national home prices will be 4.6 percent and that home prices in two of the most depressed markets, California and Florida, will show gains in excess of 7 percent.”2

In addition to low prices and low interest rates, keen investors should note that forecasters have ranked three Orange County cities among several of the largest U.S. markets as those that will have the best expected performances in home prices over the next 12 months–Anaheim, Irvine and Santa Ana.3

Let Coldwell Banker Residential Brokerage assist you in finding your next investment or home. Visit www.CaMoves.com and www.OCViewOnline.com to find an agent and browse our fine properties for sale.

1  “Affordable Prices Draw Investors to Real Estate.” Move.com. November 11, 2009.
http://news.move.com/phoenix.zhtml?c=192403&p=irol-newsArticle&ID=1353929&highlight

2 “Home Value Loss Now but Increased Pricing Expected in 2010” Realtytimes.com. January 4, 2010.
http://realtytimes.com/rtpages/20100104_homevalue.htm

3 “Local Market Monitor Announces Release of Fourth Quarter Home Price Forecast for Largest US Markets” Local Market Monitor. December 10, 2009.
http://www.localmarketmonitor.com/index.cfm?event=pressRelease&id=16