House Prices Inch Higher but Show Signs of Deceleration

Here’s an interesting article I read today on U.S. house prices rose 1.2 percent in the second quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).   House prices rose 5.6 percent from the second quarter of 2015 to the second quarter of 2016.  FHFA’s seasonally adjusted monthly index for June was […]

O.C. home sales generated $22.5 billion in 2015

Booming home sales and rising prices pushed Orange County dollar volumes to their highest level in at least a decade last year, totalling nearly $22.5 billion, the California Regional Multiple Listing Service reported this week. That’s the highest tally – representing all existing homes sold through Realtor-run MLS system – in the 11 years since […]

Orange County housing market appears to be topping out

Orange County’s robust housing market appears to be topping out. And much of Southern California may not be far behind. New figures out Wednesday show that both median home prices and sales volume climbed across the region in December. But the numbers were weakest in the priciest part of the six-county Southland: Orange County. The […]