Orange County California...population over 3 million. Home to many and also a technology, research & development and financial hub for not only this state but the entire western region.
Remember our GDP is 35th in the world when compared to all countries...that is countries not counties.
Well, analysts say Orange County is not headed for the same type of pain that Silicon Valley endured when Internet companies crashed in the early 2000's. Silicon Valley was effectively taken down by that bust. And Orange County...we lost our share of jobs in the financial sector this last year and a half but overall we have a highly educated work force, a diverse group of employers and yes...the trump card - a climatic and geographic advantage that is the envy of all.
Add it all up and we expect a soft cushion for our landing in this economic and housing correction.
Come visit...or call me for area information, while home prices are still attractive.
Thanks for making me Your Orange County Real Estate Connection.
Best regards, Michael Caruso
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