Some local observers believe that Anaheim homes for sale are about to embark upon yet another rebound, although others contend that any short term increase in sales volume will be a result of higher foreclosure rates. According to Dolores and Dave Barr, the Editors of OC180News.com, “Still no sign of the impending flood of new foreclosures in Orange County residential real estate. The total inventory of active listings fell 4%, but the distressed listings fell by even more. Thus, for the first time in two months, the percentage of active listings which are distressed properties fell slightly. Defying seasonal expectations, the demand increased modestly…the rumors of a foreclosure moratorium have been rampant all year long. There is truth to the moratorium, but it does not look like there will be a substantial increase in the number of foreclosures to hit the market until the first quarter of 2010.”

A September 15, 2009 article in the Los Angeles Times noted a bit of good news for real estate in Anaheim and Orange County in general. The piece by Peter Hong stated that “Southern California’s median home price continued to rise in August, to $275,000, up 2.6% from July, a San Diego real estate research firm reported today…Foreclosure resales amounted to 38.8% of homes sold in August, down from a peak of 56.7% in February.”