La Palma Real Estate & Homes for Sale in California
This primarily bedroom community of 16,000 people is located in northwest Orange County and is close to the Los Angeles County line. In the 1950s, when development in Orange County was beginning, La Palma was the home of dairy farms. The city was incorporated first as Dairyland. When the dairies moved out of the area, the city was renamed La Palma (the palm) to celebrate the Spanish influence in Orange County. The low crime rate and fierce city pride evident in the immaculate neighborhoods make La Palma a desirable place to live.
The city does not have its own school district and as such, children in grades K-12 attend schools located within La Palma city boundaries that are run by the Cypress, Centralia, Buena Park, Fullerton and Anaheim school districts. There are several privately operated preschools in the area, and the community center in La Palma Central Park provides activities for older children. Several colleges and universities are in proximity for those who wish to attain a degree in higher education. La Palma Central Park is the gathering place for city residents, with the Civic Center located there. Just off of Central Park is the library and La Palma Intercommunity Hospital. Industries that provide employment in La Palma include educational, health and social services, manufacturing and retail trade. La Palma offers excellent shopping and dining. Real estate options consist of single-family detached homes, estate properties, condominiums, townhouses and land lots.
The real estate market is dominated by single-family detached homes in La Palma with only a few townhomes and condominiums available. Single-family detached homes are priced starting from the low $400,000s for homes with fireplaces and other amenities. Large, beautiful estate homes, with garden views can be purchased in the high $600,000s and range up to the mid-$800,000s. Condominiums and townhomes range in price from the low $300,000s to the low $600,000s.
La Palma CA Real Estate for the week of January 23rd, 2012: homes priced around $429,829 compared to $427,330 the previous week, for a slight increase of less than +1%. For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in La Palma CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in La Palma, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in La Palma, La Palma neighborhood information, crime stats, home values, and schools in La Palma to help you find the best home!
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