Markets Are Working: CA Home Sales Increase +100% as Home Prices Fall

I have to re-blog this it is true. Media loves to paint the picture of a falling market… but the market here has buyers buying..

Mark J. Perry submits: LOS ANGELES (Feb. 26) – Home sales increased 100.8% in January in California compared with the same period a year ago, while the median price of an existing home fell 40.5%, the CALIFORNIA ASSOCIATION OF REALTORS ((CAR)) reported today. Complete Story »

View article...