O.C.’s foreclosure rank impressive — in a good way
Orange County is one of the few spots in the nation where short sales are outpacing foreclosure sales, according to RealtyTrac. Most agree it’s better for homes to sell at reduced rates and to be occupied until sold than to sell at reduced rates and to sit vacant all that time.

Buyers already moved into Rizzo’s home
The four-bedroom, threebathroom home has a cherry wood walk-in closet in the master bedroom, built-in cherry wood bookshelves in the living room, a formal dining room, and travertine, granite and.

JERGLER
“The market is not healthier because there are more short sales,” Bartos said. “Instead it’s an indication that lenders would much rather see borrowers pursue that option than foreclosure. It’s still indicative of a distressed market as both are distressed sales.