| Nominal Price Activity |
Orange County |
National |
Comment |
| . |
Quarterly Appreciation (Q4:2006 – Q1:2007) |
-2.1% |
-1.8% |
Poor |
| |
Rolling
Year Appreciation (Q1:2006 – Q1:2007) |
-0.2% |
1.7% |
Poor |
| |
Last
Year Appreciation (2006) |
5.5% |
5.9% |
Fair |
| |
Rolling
5 Year App. (Q1:2002 – Q1:2007) |
104.3% |
50.1% |
Strong |
| |
Historical
Average Annual Appreciation |
8.6% |
6.0% |
Strong |
| Real Price Activity |
Orange County |
National |
Comment |
| . |
Quarterly Appreciation (Q4:2006 – Q1:2007) |
-2.9% |
-2.5% |
Poor |
| |
Rolling
Year Appreciation (Q1:2006 – Q1:2007) |
-3.1% |
-1.3% |
Poor |
| |
Last
Year Appreciation (2006) |
2.5% |
2.8% |
Fair |
| |
Rolling
5 Year App. (Q1:2002 – Q1:2007) |
80.2% |
32.1% |
Strong |
| |
Historical
Average Annual Appreciation |
4.4% |
1.8% |
Strong |
| Affordability
Activity |
Orange County |
National |
Comment |
| |
Mortgage-Debt-to-Income
Ratio* (Q1:2007) |
47.1% |
21.1% |
Extremely Unfavorable |
| |
Historical
Mortgage-Debt-to-Income Ratio* |
31.9% |
19.8% |
Very High |
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| * |
This ratio compares the monthly mortgage payment (principal & interest only, which does not include hazard insurance, property taxes or any needed private mortgage insurance) for a median priced home financed at the prevailing 30 year mortgage rate to the local median 4-person family income. |
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| |
Orange County historical data is for the time period of Q2:1975 – Q1:2007 |
| |
National historical data is for the time period of Q1:1975 – Q1:2007 |
