Housing Sales Up in California
Tuesday, November 18th, 2008
Housing sales are up slightly in Southern California, in Los Angeles County home sales are up 56% from one year ago, but more then half were foreclosure sales. The median price for homes fell to $300,000, which is the main reason so many more homes are selling. The lower prices are drawing the bargain shoppers; many hope this will create a turn around for the faltering market.
