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Home-data Firm Predicts O.C. Home Prices To Rise 9.5% by August 2010

First American CoreLogic ( a Santa Ana based home-data firm) has come out with a report predicting

corelogic that O.C. home prices will be up 9.5% by August 2010. If this is becomes true, the median price of a home in O.C. would increase by $48,000 from the August 2009 median of $500,000.

First American expects the overall home prices in California to rise 7.9% in August and home prices nationwide to increase 4.6%. They projected March to be the month in which home prices hit bottom.

Many organizations are putting out their forecasts at the moment including UCLA, Cal State Fullerton and the California Association of Realtors – it will be interesting to see which one is the most accurate.

Posted by Adam Brett - Fullerton, California Realtor on 11/09/2009 12:01 AM

Comments (3)

Home-Data Firm Predicts O.C. Home Prices to Rise 9.5% by August 2010 in the ActiveRain Channel

orange county, california, remax, adam brett, adam brett remax, prices to rise, carelogic, august 2010

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3 Comments on Home-data Firm Predicts O.C. Home Prices To Rise 9.5% by August 2010

NOV

Yes I saw that article and there were others who thought the same thing.

I will keep an eye on the OC, I live at the coast in Oregon and we have not as much value as alot of areas. This is good news for the entire coastline all the way to Washington.

Great post!

Hi Adam,

Thank you for sharing a good article.

John Pusa

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