Joe Soonkue Park
Kare Realty (619)370-7199

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Bubbles in real estate market

Bigger than the Bubble- Highest Home Values Since 2007 by RE-Insideron July 7, 2016 2 Comments photodune-13020798-house-bubble-s(800x400)   We all remember how steep the slope was in 2007 when the recession hit. We saw the bottom of the well and it was not pretty. Fortunately, markets recover, and we are now atop the mountain we once fell so mightily from. Seven and a half years after bottoming out amid the Great Recession, median home prices in Orange County finally surpassed their bubble-era heights last month. The wealthy county is the first region in Southern California to hit that mark, but experts largely dismissed talk of a new housing bubble. Instead, they cited strong job growth, …
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Joe Soonkue Park

Kare Realty
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