Zillow predicts 92651 home values will rise 17% next year, - TopicsExpress

Zillow predicts 92651 home values will rise 17% next year, compared to a 14.2% rise for Laguna Beach as a whole. Among 92651 homes, this home is valued 54.7% more than the midpoint (median) home, and is valued 17.3% more per square foot. Foreclosures will be a factor impacting home values in the next several years. In the 92651 market, the number of foreclosures waiting to be sold decreased 19.9% in the last year. The number of unsold foreclosures is 15.2% greater than in Laguna Beach, and 66.7% lower than the national average. This higher local number may prevent 92651 home values from rising as quickly as other regions in Laguna Beach. Learn more about forecast calculations.

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