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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (56525)3/22/2006 3:41:20 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
It's a small community in the hills where recently there were many luxury houses built on gold courses.

Freudian slip? <g>



To: ild who wrote (56525)3/22/2006 3:43:10 PM
From: UncleBigs  Read Replies (1) | Respond to of 110194
 
I think Orange County is surprisingly resilient. There is still strong buy interest on any decline and sellers really aren't motivated unless they want to move out of state.



To: ild who wrote (56525)3/22/2006 4:08:42 PM
From: russwinter  Respond to of 110194
 
It's a small community in the hills.>

From my drive through OC last year, it seems like a large chunk is a "small community in the hills", lots of scattered development everywhere. The appraiser who posted this says this is getting to be typical.

"There is much of this out here in OC, yes even in Ladera, there are pockets where prices are in REAL declines from mid 2005 and some from mid 2004."