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  1. #1
    Senior Member JohnDoe2's Avatar
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    O.C., CA. homebuying in May fastest since ‘06

    O.C. homebuying in May fastest since ‘06

    June 15th, 2010, 9:34 am
    by Jon Lansner

    DataQuick’s May homebuying report shows Orange County shoppers were at their busiest since August 2006 with 3,257 residences purchases in the month, up 22 percent from a year ago.

    May Resale houses Resale condos New homes All homes
    Sales 2,015 942 300 3,257
    Year’s change +13.1% +24.3% +136.2% +22.1%
    Price $515,000 $305,000 $645,000 $450,000
    Year’s change +8.4% +15.7% +21.1% +9.8%

    Median selling price was $450,000, up 9.0 percent from a year ago.

    http://lansner.ocregister.com/2010/06/1 ... -06/68815/
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  2. #2
    Senior Member ReggieMay's Avatar
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    Maybe the illegals fleeing AZ are buying homes in CA.
    "A Nation of sheep will beget a government of Wolves" -Edward R. Murrow

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  3. #3

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    Quote Originally Posted by ReggieMay
    Maybe the illegals fleeing AZ are buying homes in CA.
    Probably, we treat 'em really good here in the Golden State.

  4. #4
    Senior Member JohnDoe2's Avatar
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    Quote Originally Posted by ReggieMay
    Maybe the illegals fleeing AZ are buying homes in CA.
    I doubt they can afford homes in this price range.

    Median selling price was $450,000, up 9.0 percent from a year ago.
    NO AMNESTY

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  5. #5
    Senior Member Rockfish's Avatar
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    Foreigners are buying. There should be a law stating only US Citizens can buy real estate in the US.
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