OC Leads Southern California in Housing Market Health
June 9, 2015

OC Leads Southern California in Housing Market Health

Among the six Southern California counties, Orange County seems to be in the lead in overall housing market health. The median price of a home in the county was at $600,000 in April – an increase of 4.2% from a year ago. Sales velocity is also on a strong uptrend, and underpinning the housing market strength is a low unemployment rate of 4.4%.

Read More

Previous The New Home Company Makes C-Suite Shifts
Next A Look into Trumark Communities
Tags orange county
Category Housing Market

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

Where Are Residents in Los Angeles and Orange Counties Buying Homes?

In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause

Housing Market

Are Inland Empire Residents Locked Out of the Housing Market?

By Kelsi Maree Borland Things are bad on the home front for California and the Inland area. New single-family home construction is far below demand, and while new-home prices in

New Home Sales Slide
Housing Market

New Home Sales Slide

On the heels of earnings misses from DR Horton and PulteGroup, the US Commerce Department reported more disappointing news for the new home market. Sales for new single-family homes dropped