More foreshadowing of a future economic “Alptraum” for Orange County, California?Prices remain high at an average of $625,000 per home, but the trend is slowly declining.
But how much longer can such high price points be sustained?
According to Mark Mueller of the O.C. Business Journal: "The number of homes sold in the county dropped 24.9% to 2,715 in October from a year earlier. It’s the 12th straight month of year-over-year declines in sales."
.....Did you hear that?
Where is that scary music coming from...?
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