News and Information to Keep You a Step Ahead!



In Memoriam: Joe Vargas

It is with great sadness that we mourn the loss of a very special man and member of the real estate community, Joe Vargas.

Joe passed away on Friday, October 12, 2018 at 10:30 AM. Our thoughts and prayers go out to his wife, Debra and family. Joe was an agent with Realty One Group for the last 4 years, but more than that he was a man who seemed to brighten the life of everyone who knew him. He proudly served his country in the U.S. military and was a Vietnam Vet. Joe will be greatly missed.

Services will be held at Riverside National Cemetery on Friday, October 26 at 9:45 am.

Riverside National Cemetery
22495 Van Buren Blvd.
Riverside, CA 92518

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Do you know a super REALTOR®, Affiliate, or Volunteer? Each year, at the Annual Installation of Officers and Directors, we recognize one REALTOR® and two Affiliate members who exemplify professional excellence and service to the real estate community.

In addition, we will be honoring one member for exceptional volunteer service to the local community. This honoree also will be recognized at the installation on Wednesday, December 5 at Angels Stadium in Anaheim and will receive $250 for the community organization he or she designates.

Do you know someone—including yourself—who deserves to be honored in one of these ways?  

Download and submit a form:

REALTOR of the Year Nomination Form

Affiliates of the Year Nomination Form

Volunteer of the Year Nomination Form

Completed forms may be emailed, faxed or mailed to either Orange County REALTORS® office. A single nomination ensures consideration. All nominations must be received by Monday, October 22, at 5:00 p.m.

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Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.

b2ap3_thumbnail_OC_Market_Snapshots_Aug2018_detached.png  b2ap3_thumbnail_OC_Market_Snapshots_Aug2018_attached.png

The average of inventory for detached homes was 3.8 months. That is up from last year when it was 3.2 months of supply. Attached homes inventory has increased to 3.2 months compared to 2.1 months in August of last year.

The median sales price continues to rise for detached homes at $840,000, up from $795,000 last year and $832,000 just last month. Attached homes are up from last year with a median sales price of $507,900 which is an increase of 6.9% from $475,000 last year.

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