OC's Data Quick Numbes Up

For the 22 business days ending March 12 – DataQuick’s freshest stats — Orange County home buying patterns showed:

• 70 of O.C.’s 83 ZIP codes had losses gains in their respective median selling price. Overall, prices were -25.3% vs. a year ago.
• 3 of O.C. ZIPs had median sales prices above $1 million in the period Compare that to 11 million-dollar ZIPs when the county median price peaked in June 2007. Since that pricing pinnacle, there’s been a -41% drop in the countywide median price!
• 54 of O.C. ZIPs had year-over-year sales gains in the period. Overall, sales were +37.3% vs. a year ago.
• 17 of O.C. ZIPs has sales gains of 100% or more in the period.

Check out the full post from Lazner here

Great Park Update

Quick notes from the recent meeting that took place on March 19, 2009. via press release.

1. Great Park Chief Executive Officer Mike Ellzey and the Great Park Design Studio presented a 36 month Park Development plant to the Great Park Board of Directors on March 10, 2009

2. The proposed Plan covers a first phase of development for approximately 500 acres of the Park

3. Three distinct areas are included in the proposed plan including a recreation district, an agriculture district, and a lake and cultural district

4. The districts include the first eight tournament level soccer fields in the sports park, the completion of the 27.5 acre Preview Park surrounding the Great Park Balloon, a 125 acre "working farm," event lawns, picnic meadows, a cultural terrace site, a performance bowl, a 20 acre lake and 7.3 miles of walking and bicycle paths.

Who knew? One quarter of Fullerton Considered To Be Blight

On May 5, The Fullerton City Council will hear a motion that would consider expanding the city’s redevelopment area by 1,165 acres. That would put nearly 25 % of the entire city under the redevelopment agency and potentially allow the city to use eminent domain to take property from owners as well as divert property taxes to subsidize development.

Map Of the "blighted"


The Friends for Fullerton's Future has more