December 23, 1992 |
People will have bought fewer homes in Orange County this year than in any of the past five years. About 30,000 houses and condominiums will be sold by year's end, according to a projection released Tuesday by TRW Redi Property Data. That's only about half as many as the 56,000 homes sold in the boom year of 1988. Every other county in Southern California lost ground too, according to TRW, a market research concern based in Riverside.
April 15, 1993 |
Orange County home sales plunged 11.7% during the first quarter, dashing hopes that the county's economy is in recovery. Sales of new and existing houses in Orange County fell to 5,577, according to figures released Wednesday by TRW Redi Property Data. That compared to 6,317 sales in January through March, 1992. The year-to-year decline was sharper here than in the rest of Southern California, the TRW figures showed. Prices also fell.
December 16, 1993 |
Home sales in Orange County are expected to decline 2.1% for 1993, according to figures released Wednesday by TRW REDI Property Data. Still, though new and existing home sales are projected to decline to 29,725 homes from 30,352 homes sold last year, Orange County compares positively to the rest of the state, where home sales are expected to drop 4.4% from last year, TRW REDI said.
July 20, 1993
TRW Redi Property Data's monthly housing report for Southern California shows demand through June this year running below levels of a year earlier. In Orange County, home sales were down 10.5% from the same period last year. The average price for homes sold during the first half of the year dropped 4.2%. Number of homes sold (In thousands) Orange: (1993: 13,676) -10.5% Los Angeles: -9.9% Riverside: -12.4% San Bernardino: -16.5% Ventura: -1.8% San Diego: -10.
September 24, 1993
Orange County home sales from January through August declined 5.3% from the same period last year. That decrease, however, was the smallest in the six-county region. And the county's average home price was the highest in the region, despite a 2.9% dip from the 1992 level. Homes Sold: County Jan-Aug 1992 Jan-Aug 1993 % change Orange 20,401 19,321 -5.3% Los Angeles 49,898 46,624 -6.6 Riverside 14,218 13,213 -7.1 San Bernardino 15,248 13,473 -11.6 San Diego 18,242 17,095 -6.
August 23, 1989 |
Orange County bucked the statewide trend as sales of existing homes in the county dropped in July. Despite the sales slowdown, prices continued to march upward in the county and statewide. Existing-home sales in Orange County fell an estimated 12.8% from June, the California Assn. of Realtors said Tuesday. Sales in July were down 27.5% for the month from a year ago. Statewide, housing activity was stronger with existing home sales increasing 0.9% in July, the trade association said.
June 9, 1998 |
Orange County's booming housing market sizzled last month, as the average home price surged to an all-time high of $226,000 in the second-busiest month of the decade. In the latest indication that the housing market has fully recovered from its recession years, the average house has gained $29,000 in value in the last year alone, Acxiom/DataQuick's housing market survey showed Monday. The median price for May eclipsed the previous record of $223,000 set in January 1991.
April 5, 1996 |
Despite some encouraging signs, Orange County's real estate market is still struggling to snap out of its prolonged slump, according to a report Thursday on first-quarter housing activity. Home sales in the first three months surged above sales for the first quarter a year ago, when the county's bankruptcy and rainy weather pushed the housing market into a tailspin.
September 10, 1997 |
Orange County's fledgling housing recovery showed no signs of slowing last month, as home prices continued to climb and sales reached their highest point in nearly eight years, a real estate data firm said Tuesday. The median Orange County home sold for $203,000 in August, the highest price in nearly three years, according to DataQuick Information Services. "The real estate market has lagged behind the general economic recovery.