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Southern California sees a decline in the housing market approximately every ten years, or so, however, not anything like the recession it's currently in. Investors are nervous, very first time home buyers are losing their employment, and the prices of homes have significantly reduced. Purchasing a home in Orange County is just a highly popular investment decision, yet buyers are reluctant to even spend the pennies on buying homes in orange county homes and are venturing out into Riverside County to truly save a lot more on drastically reduced home prices.

Typically, a modest three bedroom two bathroom home in a modest neighborhood in Orange, California had ranged between $400, 000 to $600, 000 approximately 4-5 years prior, and now those same homes can sell for less than $300, 000, if the vendor is fortunate to locate a buyer. Many homeowners are sitting on properties they aren't able to sell, and lots of of these orange county interiors starting foreclosure. Where do you turn if you aren't able to sell a house for $300, 000 that you owe $400, 000 on? Perhaps your only option is bankruptcy, however, this prevents you from having the ability to purchase another home, you're forced to rent (if you are able to find a condo community which will accept your bankruptcy), and the prices of orange county commercial interior design firmgo even lower.