Top Reasons OC Homes Are Priced Higher Than in Other Counties
You’ve heard the old adage, “You get what you pay for.” This is especially true when it comes to real estate in Orange County. It’s no secret that housing is more expensive here than in other counties, but what are some concrete reasons so many people are willing to pay what’s known as the “Orange County premium”? Read on to find out.
1. Job Opportunities
Since 1986, the OC added 650,000 jobs — a 64% growth rate that totals more than 10% over the national average.
2. Amazing Weather
Can you say sunny skies nearly year-round? Orange County is world-famous for its incomparable weather.
3. Focus on the Arts
From the Pacific Amphitheater to Segerstrom Center for the Arts to Laguna Beach’s Sawdust Festival and Pageant of the Masters, the OC features venues and events that have made it a mecca for artists and art aficionados of all disciplines.
4. Diversity
Orange County is truly a melting pot of different ethnicities and cultures. According to the Census Bureau, there’s a 69% chance that two random OC residents are of different ethnicities — a number greater than the nation’s 66%.
5. Easy Travel Access
Whether you want to shave time off of your commute by taking the toll roads or are catching a flight out of state at John Wayne Airport, the county has no shortage of easy access to travel — not to mention we are situated within driving distance of deserts, forests, and mountains if the itch for a change of scenery arises.
6. World-Famous Beaches
There’s nowhere in the world like the stretch of coastline from Santa Barbara to San Diego that makes up what’s known as the California Riviera, from Dana Strands Beach to Main Beach to Corona del Mar State Beach.
7. Master-Planned Communities
Some may not be fans, but there’s no denying the convenience and built-in lifestyle components of the OC’s master-planned communities.
8. Top-Rated Schools
Many of Orange County’s elementary, middle, and high schools are award-winning, California Distinguished Schools, plus we have quality higher education institutions including UC Irvine and Cal State Fullerton.
9. A Community for Everyone
Orange County is made up of 34 cities that basically equate to 34 small towns, each with its own unique aesthetic, demographic, and community. This means there’s literally something for everyone, from equestrian lovers who settle in Nellie Gail Ranch to surfers who live right on the sand.
10. Disneyland
Walt Disney’s amusement park put Orange County on the map — and its worldwide fame still helps drive foreign interest in local real estate to this day.
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Source: OC Register