FINALLY...O.C. REAL ESTATE TAX VALUE UP 6.3%

The surge is actually slightly less than last year.  But it is an interesting statistic because it reflects the strength in the market because remember, thanks to Prop 13, taxes may only increase 2% per year.  But it reflects strength because that surge is due in part to reassessments as a result of sales, and properties that have had massive improvements, such as  property flip have, remodels, add on property improvements, all of which result from a stronger market and economy.  There is never a bad time to invest in real estate, particularly your primary residence, as history continues to prove... but right now, may be the best time in years.