Orange County home sales tumble 28% as loan payments soar 42% - OCRegister

It’s homebuying’s 27th biggest decline since 1988 (or it’s been worse only 7% of the time).

Orange County’s April home sales were down 28% from last year’s spring sales rush as record-high prices and soaring mortgage rates in April pushed the cost of buying 42% higher. Across Southern Cali… [+3735 chars]

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