{"id":198285,"date":"2007-11-20T12:16:00","date_gmt":"2007-11-20T17:16:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/20\/almost-1-5-of-home-sales-in-orange-county-are-distressed\/"},"modified":"2007-11-20T12:16:00","modified_gmt":"2007-11-20T17:16:00","slug":"almost-1-5-of-home-sales-in-orange-county-are-distressed","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/20\/almost-1-5-of-home-sales-in-orange-county-are-distressed\/","title":{"rendered":"Almost 1\/5 of Home Sales in Orange County are Distressed"},"content":{"rendered":"<p>A distressed property is either foreclosed or short sold (sold for less than it is worth).  In Orange County, <a href=\"http:\/\/mortgage.freedomblogging.com\/2007\/11\/19\/oc-distressed-homes-for-sale-up-87-in-2-weeks\/\">almost 20% of home sales are of distressed homes<\/a>.<\/p>\n<p>At some point, buyers are going to start expecting distressed asset prices, and then the home market plummet even more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A distressed property is either foreclosed or short sold (sold for less than it is worth). In Orange County, almost 20% of home sales are of distressed homes. At some point, buyers are going to start expecting distressed asset prices, and then the home market plummet even more.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1265],"tags":[],"class_list":["post-198285","post","type-post","status-publish","format-standard","hentry","category-economy","category-housing-crash"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198285"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198285"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}