Stories Related to Job Growth Boosts Home Affordability

BY JONATHAN LANSNER, Orange County Register: Business
Sun, 05/31/2015 - 12:00am

Is the “affordability” of an Orange County home really well below average when a hiring spree slashed local unemployment to a seven-year low? One big problem with the many so-called housing “affordability” indexes created by real estate...

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Irvine accounts for nearly half of O.C. homebuilding
One city accounted for nearly half of all the new houses, condos and apartments built in Orange County over the past six years: Irvine. And just six cities accounted for two-thirds of all residential construction in O.C. Figures from the California... More
A pitch 'tank' at UCI: 12 startups score $100,000 in prizes
Student entrepreneurs pitching an array of products and services – from embryo screening to a robot that supplements home therapies and a diagnostic tool – jockeyed for top prizes at a UC Irvine business competition. In all, 12 teams of student... More
Irvine-based California Republic Bank acquired for $330 million
Irvine-based California Republic Bancorp has been acquired by Mechanics Bank in Walnut Creek for $330 million in April. California Republic shareholders will receive $37.19 a share. “It’s an incredible combination of two great banks, one in... More
O.C. homebuying down 3% in a year as low-end sales slide
The low-end of Orange County’s housing market continues to struggle this spring, with limited inventory and affordability challenges making it tough for house hunters with thin budgets. In the 22 business days ending April 15, CoreLogic reported... More
Retail-restaurant roundup: Grocery Outlet delayed in Orange; Aldi announces more stores; build-your-own pizza concepts expand
Here’s a roundup of restaurant and retail news from across Orange County. Take a look at the slideshow for more details on each. Grocery Outlet: The newest grocer to enter Orange is delaying its debut two months to Aug. 4. Aldi: That grocer’s... More
Bill Gross, Mohamed El-Erian warn against counting the Fed out
Three of the world’s most influential bond investors say the Federal Reserve is still on course to raise interest rates this year, a view the head of the New York Fed signaled could happen twice -- even after April’s smaller-than-predicted gain... More

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Stories Related to Job Growth Boosts Home Affordability

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