Pacific 1 Residential

Pacific 1 Residential Launches Market Watch 2006 for Orange County, CA

Pacific 1 Residential launches a market watch of the Orange County, California Real Estate market to keep up with the fluctuating residential real estate market.

Pacific 1 Residential Launches Market Watch 2006 for Orange County, CA
Newport Beach, CA, March 14, 2006 --(PR.com)-- Pacific 1 Residential launches market watch 2006 for Orange County California. Pacific 1 Residential has announced that as the real estate market heads in to the end of the 1st quarter of 2006 that they will begin to implement a market watch for Orange County California.

The residential real estate market differs greatly for Orange County California than any other county in the United States. In a real estate market where property values are declining, listings are increasing and interest rates are still high, Orange County is still projected to increase in property values in the year of 2006 (source March 06 edition of CAR Realtor magazine). Pacific 1 Residential is dedicated to keeping a close watch on the market to ensure that it is able to represent buyers and sellers with premier service, always keeping one step ahead of the market conditions.

“As we move in to the 2nd quarter of 2006 we are seeing a slight fluctuation in the market from a sellers market to a buyers market” noted the broker of Pacific 1 Residential, Steve McIlwain. He re-iterated the importance of understanding this market fluctuation when representing buyers and sellers. As more listings begin to hit the market and the number of listings inches above the number of qualified buyers in the market important changes must happen in the marketing of a listing and the pricing of a listing. “By keeping our fingers on the pulse of the market we are able to represent our sellers with premium service allowing for the least possible number of days on the market combined with the best selling price for their property” Steve notes.

Pacific 1 Residential is headquartered in Irvine, California and is one of the premier residential real estate brokerage firms in Orange County. Pacific 1 Residential specializes in the Newport Beach, Newport Coast and Corona Del Mar areas and is currently expanding its areas of expertise to all areas in Orange County. To learn more about Pacific 1 Residential visit their website at http://pacific1residential.com or contact their Director of Real Estate at 949-223-2490.

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Pacific 1 Residential
Jacque' Jensen
949-223-2490
www.pacific1residential.com
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