Monday, July 20, 2009

The Market Continues To Improve

Like we have been mentioning here, the real estate market is improving and finally the media is beginning to report the good news. Here is a recent front page article from the LA Times...

"Southern California median home sales price surges in June and prices may have finally hit bottom."

Southern California home prices may have finally hit bottom, with median values rising last month for the first significant increase in two years, new data show.

Along with the 6.4% rise in prices from May, fewer than half of the sales were foreclosures -- the first time that has happened in nine months.

Read the full article here

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