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Why Orange County homes cost triple the national norm
invite response
2017 Mar 28, 10:12am 1,602 views 3 comments
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Shaman
2017 Mar 28, 10:48am
Shaman
2017 Mar 28, 10:48am
He has some good points that's for sure. Add to that the foreigner home buyers, the real estate speculators, the flippers, and the REITs with the sweetheart deals they got to snap up thousands of homes at once to rent out to people in hopes of generating a revenue stream... and we have our situation.
Let's just say that even though prices have rebounded to their 2007 highs, I felt comfortable buying a few months ago.
In my area there will be no new construction. There just isn't room!
Lanser has this one right in the OC
http://www.ocregister.com/articles/orange-747530-new-home.html