High-Priced Homes Are Leaders in the Recovery

Historically, higher-priced homes are a leading indicator of the real estate market and tend to lead the market during times of recovery, according to the Home Value Forecast (HVF) report jointly released by Pro Teck Valuation Services and Collateral Analytics. The companies assessed price changes in the Bay Area and around Los Angeles and found …

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O.C. home prices show biggest gain since 2004

Orange County home prices are up by the biggest margin in eight years, figures released Wednesday by DataQuick Information Systems show. The La Jolla-based housing tracker reported that the median home price, or price at the midpoint of all sales, was $477,000 in February. That’s up 22.3 percent from February of last year, which was …

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$1 million home sales hit highest level in five years

DataQuick reported today that 3,631 Orange County homes sold for $1 million or more in 2012, the highest number since 2007. That’s up 34 percent from 2011′s tally of million-plus sales, compared to an increase of 17 percent for sales of all homes in the county. Statewide, million-plus sales increased 27 percent to 26,993, vs. …

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O.C. homebuying surges 22%

Highlights of DataQuick’s Orange County homebuying report. For the 22 business days ending October 12 — the latest numbers — Orange County’s real estate market saw total Orange County sales of 3,113 residences closed in the latest period — that is up 21.8% vs. a year ago. Median selling price for all residences of $455,000 …

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