Posts Tagged ‘California home sales’

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.