Orange County houses prices up 5%

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Orange County houses prices up 5%

  • 01 November, 2016
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The OC Register is reporting that home prices throughout Southern California continue to climb, showing 5% growth in Orange County. Overall, home prices increased steadily for 4 1/2 years throughout the region as well in the nation as a whole, according to the CoreLogic index. That growth doubled homeowner wealth across the nation over the past five years, boosting homeowner equity – or the owner’s share of their home’s value above what they owe lenders – to $13 trillion. CoreLogic forecast that home prices in the nation as a whole also will rise 5.2 percent in the year ahead, adding $1 trillion more to homeowner wealth.

See the whole article at: http://www.ocregister.com/articles/prices-733848-home-year.html

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