Orange, California is a desirable place to live due to its location close to major tourist destinations and job opportunities, but purchasing real estate there can come with both pros and cons.

Pros:
- Good weather: Orange has a warm climate with mild temperatures year-round.
- High-quality education: The city has reputable schools from kindergarten through college.
- Vibrant downtown: Orange has a charming downtown area with unique shops, restaurants, and entertainment options.
- Proximity to major attractions: It's located near Disneyland and other popular theme parks in Southern California.

Cons:
- High cost of living: The cost of living in Orange can be higher than other cities in California.
- Competition for housing: Due to its popularity, there can be fierce competition for real estate in Orange.
- Traffic congestion: With a high population and busy roads, traffic can be heavy in Orange.
- Natural disasters: Orange is prone to wildfires and earthquakes due to its location.

Overall, purchasing real estate in Orange can be a great investment, but it's important to weigh the pros and cons and do your research to make an informed decision.