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 of people moving to counties with lower home prices.[1] There was net outward migration from higher-priced counties to lower-priced counties as home shoppers searched for more affordable homes. This blog extends the analysis to owner-occupant homebuyer mobility in Los Angeles and Orange Counties in Southern California.
About author
You might also like
Housing Starts Fall in January
Housing starts fell 2% in January to a 1.07 million annual rate from 1.09 million in the prior month. The decline was primarily due to a drop in single-family starts
Spring Selling Season Starts Off on Right Foot
Although recent existing home sales data has not been that encouraging, new homes sales as reported by the builders would seem to indicate that the spring selling season is off
Homebuilder Optimism Looking Up
The NAHB Builder Confidence Index rose 4 points in April to 56. This was the first rise in five months although the index had never dropped below 50 during this