In the latest Zippy's Report, Orange County Register's Jonathon Lansner's ranking of Orange County zip codes for housing performance, showed that the hardest hit zip codes for the 3rd quarter were some of Orange County's most affluent zip codes.
Included in the worst performing areas were Newport Coast, Dana Point, Coto de Caza (part of the 92679 zip), and San Clement. Some of the biggest improvements were areas that have recently had some of the worst performing zip codes including, Mission Viejo, Anaheim, Santa Ana, Costa Mesa.
This may be a case of 'Trickle Up' economics.
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