It offers a simple empirical framework for decomposing the spillover effects on neighboring property prices. Data from Orange County, Florida, reveal that the effects systematically vary across neighborhoods by morphology. The results indi- cate that older, homogeneous age structure, and non-gated ...
In Southern California which has the biggest impact on the California average prices fell 4.2%. Orange County had sales drop 8.1% while prices jumped 14.9%. Los Angeles County saw prices drop 5% while sales declined 3%. Condominium/Townhouse Market As the stats reveal, condo prices fell $25,0...
In particular, in the Western half of the country, where many analysts believe thehousing shortage is more acute, home prices have soared to levels well above the national average over the past decade. This significant increase has coincided with the region’s tech boom, which greatly contributed...
Higher interest rates usually result in falling house prices, as the higher mortgage interest rate increases the monthly payment. Consider a $250,000 house purchased with a 20% downpayment. When the 30-year fixed mortgage rate is 3%, as it was in 2021, the monthly payment is about $850....
New Highways, House Prices, and Urban Development: A Case Study of Toll Roads in Orange County, CA Author(s): Boarnet, Marlon G; Chalermpong, Saksith | Abstract: We examine the link between highways and urban development by employing both hedonic analysi......
“So, we have a really strange real estate market where home prices are at a record high, [and] homeowners are smiling. [But] if you ask people who are in the industry — Realtors, mortgage lenders — they’re saying, ‘This is one of the worst housing downturns that I’ve ever...
Data from Orange County, Florida, over 2000-2012, show the predicted rental and bargaining power effects. The results clearly indicate bargaining power differentials across investors and owner-occupiers. Rental discount and bargaining power effects systematically vary over the housing market cycle, ...
10 Best Home Renovations From California to Toronto to Vancouver to Florida, home prices are on the rise again. Many homeowners have been fixing their homes up during the pandemic either to enjoy it more or ready it for sale. If you’re just doing some DIY improvements to make your home ...
“you gave it away, why not wait unitll spring when prices go back up!” Many people upset at me. Me, I’m happy with 200k in the bank (though I don’t like the USD and am looking for shelter) and have already rented a 2/2 right on the river in Redding, CA. I’m am ...
Originally published in theOrange County Register. Filed Under:Top StoriesTagged With:Housing affordability Housing crisis causes legislative avalanche: 130 bills proposed in Sacramento As reported by the San Jose Mercury News: Home prices keep rising to shocking levels around the Bay Area, while rents...