The Housing Chronicles Blog: Orange County housing market better than its neighbors?

Monday, May 24, 2010

Orange County housing market better than its neighbors?

According to a recent story by the Orange County Local News Network (OCLNN), the county's housing market was stronger during April 2010 than its surrounding counties. Nonetheless, as I told the reporter Mike Reicher, the real test of this strength will be when the market is forced to operate on its own:

A true test of the market may come in June when sales boosts from tax credits will have passed, said Patrick Duffy of MetroIntelligence Real Estate Advisors. “Hopefully the training wheels the federal government provided will help the housing market regain independence,” he said.

Click here to read entire story.

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