1. Orange County home prices could fall 14%, says Chapman forecast – Orange County Register

    Orange County home prices could fall 14%, says Chapman forecast – Orange County Register

    The school’s semiannual economic outlook, released Thursday, June 23, calls for a 14% drop in the local median selling price to June 2023 — one of the first projections of significant declining home values. The forecast says Orange County’s median home price will go from $1.03 million in 2022’s first quarter to $891,000 by mid-2023. Sales counts will fall 20% this year alone.

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