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Don’t fear falling home prices
Roughly 2-in-5 Orange County homes are selling at a loss, according to Zillow. That should be no surprise as by this online real estate tracker’s math local home values have fallen at a 7.4 percent-a-year pace in the past five years.
JEBB HARRIS, THE ORANGE COUNTY REGISTER
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Don’t fear falling home prices.
Sellers accepting losses on their homes isn't necessarily all bad. If nothing else, it shows that owners – and bankers, when the deal is a short sale – are willing to accept pricing's realties and move on.Roughly 2-in-5 Orange County homes are selling at a loss, according to Zi. Read Don’t fear falling home prices...
