The median prices of new and resale houses and condos in Costa Mesa climbed 5% in June 2006, compared with June 2005 figures.
Newport communities ? except Corona del Mar, which showed a 1% increase ? showed a slump in the prices of new and resale houses and condos sold in June, with Newport Coast decreasing more than 5%. Firsttime buyers competing for entry-level housing in Costa Mesa, Galitski said, may be driving prices up. Speculators may also have an effect on the sliding prices in Newport Beach, Galitski said.
Drive-by shooting leaves 1 dead, 4 wounded
A Costa Mesa neighborhood was shocked by a violent shooting that resulted in one man's death and the injuries of four others Wednesday night. As of Friday, police had not arrested a suspect and had provided little information about the events that night.