Orange County had no housing shortage 10 years ago … when the bubble burst!

Please remember just how hard the bursting of the bubble was. There was no housing shortage 10 years ago, just a shortage of buyers … and owners who could afford their mortgage payments.
A decade ago, amid a brewing global financial meltdown, Orange County’s housing market suffered its slowest selling quarter in CoreLogic’s database that dates to 1988.
Just 4,420 homes sold in that fateful year’s first three months — down 46 percent in a year. It was also a 65