Tuesday, May 30, 2006

OC Register - "Home sales slump continues, stats show" (5-26-06)

"New housing figures released Friday suggest that May will be Orange County's seventh straight month with falling home sales, but prices still appear to be holding at record levels."

"Meanwhile, real estate economist Gary Watts backed off slightly from his forecast that home prices will go up 15 percent this year but told Realtors at a Buena Park gathering that he still expects double-digit appreciation rates for all of 2006."


For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 200 podcasts in our free investor radio archive.

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