Saturday, January 16, 2010

Lawrence Yun at REALTOR.org sees Reason for Optimism about SoCal Housing Market

Lawrence Yun, econmist and VP at REALTOR.org, statement of support for strength of SoCal housing market isn't surprising.  He had predicted home prices up as much as 5% this year, and that could be even higher.
 
He's right that the market is stabilizing at Southern California for homes with asking below $750k. 
 
However, the high end market for homes over a million here in Orange County is still unstable and will probably take some time to catch up.

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Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA.  Irvine Realtor.  CA DRE #01410855.  ExploreProperties@gmail.com.  

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Posted via email from Explore OC Homes

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