Appraisers agree: Orange County home-price gains are cooling

There’s more evidence home appreciation is cooling: Orange County home-price gains are running roughly one-third below their six-year average, by one novel valuation yardstick.
Home values were appreciating at an annual rate of 4.1% in April, according to the Real Estate Research Council of Southern California. Since 1943, the group has tracked local home-value movements by having appraisers twice yearly re-evaluate a set of 308 single-family homes across seven Southern California counties