Orange County in southern California has most expensive housing prices in the nation

Orange County is still the most inflated location in the United States. Houses in Orange country are at the highest prices for southern California. But having a hefty price tag does not mean that you get the luxuries amenities and features with that large price. It’s all a consequence of the real estate market crash.

Sadly, as of 2010 the housing market in Orange County is one of the top most inflated areas in the United States. Multi-million dollar houses have seen multi-million dollar price decreases and there seems to be no end thus far. Nearly 186,000 people spend over 35% of their income on housing. So this means that about 41% of the homeowners in this country spend over 35% of their income on housing. This is an extremely high percentage compared to other parts of the U.S and in reality, the Census reports and surveys only go up to 35% so people are actually spending even more of their income on housing cost. Mortgages are actually consuming up to 60% of families’ take-home pay in Orange County, California.


About Stephane Manos

Stephane Manos has developed several online companies. While working as an online entrepreneur, he fell in love with the sales aspect and recruited some of the best clients and affiliates the companies have ever had. The fun, he found was in building the connections and relationships. One of Stephane's top qualities is being able to motivate. He found a passion in motivating others which in return motivated him. Happy colleagues and clients would send word-of-mouth referrals and increase traffic to his online businesses. Teamwork is something that Stephane promotes. The focus is not on self or individuals but in working as a team to reach the same goals. It is his role as a leader to lead the team by example. Currently, his interest is in real estate investments and financial investments. He is now looking into emerging markets such as the Middle East. He also believes some of the better deals can be found in certain parts of the United States. Many distressed buyers are looking to liquidate. Developing new online businesses, purchasing commercial and residential real estate, and developing rentals has led him to travel around the world. Stephane Manos contributes a portion of his time and earnings to charitable associations and philanthropic groups. His charities are: -Children's Telethon -AHEPA brotherhood and Shriners -REVIVRE Bipolar Support Assocation
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