News for Prescott AZ - AmericanTowns.com

Friday, March 06, 2009

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.


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