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Los Angeles, Orange counties No. 1 in U.S. home-price gains by this index

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FILE PHOTO 7 COMMENTS By  JONATHAN LANSNER  |  jlansner@scng.com  | Orange County Register PUBLISHED:  March 3, 2018 at 6:00 am  | UPDATED:  March 3, 2018 at 10:13 am Want another reason for the high cost of local living? By one widely-watched home-price benchmark, the strongest appreciation nationwide this century was in Los Angeles and Orange counties. The S&P/Case-Shiller indexes are curious real estate yardsticks, invented by and named for two pioneering professors in housing economics. This benchmark is narrow in scope as it follows housing in just 20 large U.S. markets. Think of it as housing’s equivalent to the Dow Jones industrial index, the venerable Wall Street tracker of 30 publicly traded and well-known companies. When I tossed S&P/Case-Shiller data into my trusty spreadsheet I learned prices in L.A.-O.C. have surged to a nation’s best 171 percent since January 2000. (Ahem, that includes the housing bubble burstin...
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Las Vegas homeowner fined $72,900 for using Airbnb without license

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The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie The home at 1925 Silver Avenue in Las Vegas on Thursday, March 8, 2018. The homeowner was subject to $72,900 for renting the home on rental vacation websites without a license from the city. Patrick Connolly Las Vegas Review-Journal @PConnPie ...
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U.S. vs. Mission Viejo home prices: How do they compare?

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Instructor Valerie Gutierrez creates a vase while visitors look on during the grand opening of the Potocki Center for the Arts on Saturday, January 20, 2018 in Mission Viejo, Calif. (Photo by Josh Barber, Contributing Photographer) 0 COMMENTS By  JONATHAN LANSNER  |  jlansner@scng.com  | Orange County Register PUBLISHED:  January 28, 2018 at 9:16 pm  | UPDATED:  January 30, 2018 at 4:39 pm Some statistics on how Mission Viejo housing looks compared to the rest of the nation through the Zillow lens. The online housing tracker’s national databases can help add some perspective to the high price of local living. As of November, for example, Orange County real estate by Zillow’s math — the No. 5 nationally in housing market size — has a median home value of $696,200, 13th highest in the 1,700-plus U.S. counties tracked. That’s after surging 44.7 percent in the last five years, the 212th ranked gain nationally. Other Southern Califor...
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