Orange County's median home price last month saw its first yearly increase since August 2007 to $429,000, a 1% increase from a year ago. August Median home prices are still down approximately a third what they were at the peak of the market in June 2007 but did inch up a little over $1,000. Closed sales in Orange County for the month of September reached 2,828, an increase of more than 1% from August and a whopping 6% increase from a year earlier, according to San Diego-based MDA DataQuick.
Can we keep it going? I don't think it will though the winter but next summer is going to be good for real estate.
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