This is part of an article that was in the Orange County Register on February 6, 2012:
Thomas wrote: "Overall, demand, the number of new pending sales over the prior month, is up 15 percent compared to 2011 ... That's the market as a whole, though. For homes priced below $500,000, demand is up an astonishing 30 percent. That's a lot of momentum considering the housing market hasn't even hit its stride with the beginning of the Spring Market right after Super Bowl Sunday. This is more than an encouraging start to 2012; it is a real sign of a much different housing market for 2012."
Check out the OC Register real estate news:
http://www.ocregister.com/sections/business/real-estate-news/