1. Southern CA News

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    2. 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 schools 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 Countys median home price will go from $1.03 million in 2022s first quarter to $891,000 by mid-2023. Sales counts will fall 20% this year alone.
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    3. Garden Plaza housing, shopping project needs Mission Viejo leaders to allow mixed uses – Orange County Register

      Garden Plaza housing, shopping project needs Mission Viejo leaders to allow mixed uses – Orange County Register
      A shopping center at Mission Viejos Garden Plaza could be replaced with a supermarket and retail businesses topped by five stories of apartment units in a new project proposed by the propertys owners.The 6.5-acre plaza and its several small business spaces at La Paz Road and Marguerite Parkway would be demolished and a 40,000-square-foot Whole Foods, other retail or restaurant spots and the 234 apartments would be ...
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    4. OC Projected to Face Senior Population Boom in the 2040s

      OC Projected to Face Senior Population Boom in the 2040s
      Orange Countys elder population is expected to grow exponentially as soon as the 2040s and will continue to increase in the following years, according to local and state research.People aged 65 years and older account for 14.3% of OCs current population, a proportion that is expected to increase to 17.3% by 2045. OC Healthcare Agency officials predict that approximately one in four county residents will be a ...
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