28-05-2017 18:00 via ocregister.com

Here’s a big warning sign for Orange County housing

When I see record-high homes prices and worst-in-seven-years job growth … I gulp!
High home prices don’t necessarily mean disaster ahead. And a slowdown in job growth is still growth. But it’s a troublesome combination when you believe, as I do, that the secret sauce for real estate success is not found in demographics, listing trends or interest-rate movements.
Rather it’s jobs! Jobs! Jobs!
The median selling price for an Orange County home hit a record $675,000 in Apri
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