MOVIN’ IN: Cheaper housing means more local...
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MOVIN’ IN: Cheaper housing means more local residents are grabbing that suburban ideal--the single-family detached home (D5). Last year, 67% of buyers nabbed such homes, up from 60% before. “We’re seeing more and more projects with starting prices under $190,000,” says home marketing specialist Jeff Meyers. “In 1988-89, there wasn’t a single-family detached home in the county under $200,000.”
Home Alone
Last year, Orange County buyers preferred detached homes but paid 76% more for the luxury. What We Buy Detached: 67.3% Attached: 32.7% Average Price Detached: $339,600 Attached: $193,000 Source: Construction Industry Research Board
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