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OVERALL
MOOD: REAL ESTATE MARKET
Orange County residents continue to feel very upbeat about the local housing
market. This year, three in four homeowners say buying a home here is
an excellent or good investment, while 19% call it fair and only 5% say
poor. Among those who rent, 56% believe that owning a home in Orange County
would be an excellent or good investment, 27% say fair and 13% call it
poor.
The number who think a home in Orange County is a favorable
investment is the same as last year among homeowners. Optimism about
owning an Orange County home is 25 points higher today than it was in
1995.
Among renters, the number who consider buying a house
in Orange County to be an excellent or good investment has dropped 5
points since last year. Still, the positive ratings have climbed 15
points since 1995.
| "Do
you think that buying a home in Orange County today is an excellent,
good, fair, or poor investment?" |
| Year |
Excellent
Good |
Fair |
Poor |
Don't
know |
| Homeowners: |
| 93 |
59% |
26% |
14% |
1% |
| 94 |
57 |
28 |
14 |
1 |
| 95 |
50 |
31 |
18 |
1 |
| 96 |
60 |
30 |
8 |
2 |
| 97 |
70 |
23 |
6 |
1 |
| 98 |
75 |
18 |
5 |
2 |
| 99 |
75 |
19 |
5 |
1 |
| Renters: |
| 93 |
53% |
25% |
20% |
2% |
| 94 |
47 |
30 |
20 |
3 |
| 95 |
41 |
32 |
25 |
2 |
| 96 |
45 |
34 |
17 |
6 |
| 97 |
56 |
29 |
9 |
6 |
| 98 |
61 |
25 |
12 |
2 |
| 99 |
56 |
27 |
13 |
4 |
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