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Article: Orange County, Calif., Ranks 7th on List of Fastest-Appreciating Home Prices.
- Article from:
- Orange County Register (Santa Ana, CA)
- Article date:
- June 2, 2004
CopyrightCOPYRIGHT 2004 The Orange County Register. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Hang Nguyen
Jun. 2--Orange County housing prices continue to balloon at more than double the pace of the nation as a whole, a new study reports.
The average Orange County home price grew by 16.9 percent in the first quarter compared with a year ago, according to data released Tuesday by the Office of Federal Housing Enterprise Oversight.
That made the county the seventh-fastest-appreciating housing market of 220 major metropolitan areas in the nation, reports OFHEO, which tracks the same homes over a period of time.
Three of the other areas in the top 10 are also in Southern California.
Orange County home prices have ...