According to a September 2013 report in the O.C. Register, the number of homes in Orange County has almost doubled in the past six months. Contributor Jeff Collins writes:
Listings in the Realtor-run multiple listing service were up 98 percent since mid-March, a low in almost nine years of data.
“Orange County housing is moving away from a sizzling hot seller’s market with rapid appreciation to a cost conscious cooler market with restrained appreciation,” Thomas wrote in his latest report.
As listings increased, the number of contracts signings began dropping, falling 25 percent since mid-June, he said.
The supply has increased and demand has dropped, which means that even a good deal of home improvement might not be able to raise home values as of this time. Still, how can you sell your home at a higher price if rates are generally down? Whether you like it or not, you need to cook up a renovation project that can attract potential buyers to your property, and increase your home’s value without squeezing your budget too much.
One such project is replacing your Orange County vinyl windows. If you installed vinyl windows 20 to 30 years ago, you’ll probably agree it’s high time to replace them with something better. Your windows probably don’t look quite as elegant as wood window frames anymore, and although they were practically maintenance-free, their colors might be outdated or faded by now; they’ve probably also warped and become brittle.
The good news is that since the time you’ve installed your windows, there has been a tremendous improvement in window options. Given the need to upgrade your home’s appearance to a marketable level, chances are you wouldn’t want to replace your windows with high-maintenance and expensive wood frames or plastic-looking expanding vinyl ones.
A good replacement for your vinyl window in Orange County, CA is one made of Fibrex® material. Fibrex® is a composite material that combines the strength of wood windows and the low-maintenance features of vinyl windows. It is available from trusted window replacement contractors such as Renewal by Andersen® of Orange County. This will increase your home’s curb appeal, allowing you to charge higher for your home’s sale despite prevailing low real estate rates.
(Info from O.C. homes for sale double in six months, Orange County Register, September 30, 2013)