'Look At The Graph': Orange County Is Falling
One reader suggested this topic. "Have been watching or know about the bubble in OC, Ca, and how the real estate agents, brokers, etc are trying to hide it."
"Over the last 18 months, I have had to endure FRONT PAGE news of how the average Home price continues to break new Highs. Over and over, with Large cap numbers like $620,000!!!! average."
"Well, over the last month, the 'average' home price has tumbled, yet no word, no article, nothing. ( except a pg. 3, three sentence statement- home prices take a breather)."
"Just look at the graph; OC register hasn't updated today. ( New avg= $585k) Do you think they just don't want to post a single digit gain and Falling?!"