Heather Farquhar, Southern California Real Estate

Southern California home sales rose slightly in November ignoring the normal for the holiday season, probably due to bargain shopping and a slight upward trend in new-home sales. Okay that was the good news. November sales were the slowest in 20 years and the median sale price posted a record 10.3 percent year-over-year decline. According to ...

Home Sales Down, Yet Median Price RisesThe Southland Regional Association of Realtors reported that a total of 552 single-family home sold throughout the San Fernando Valley during August, which is a 33.1 percent drop from the 825 sales in August 2006. Condominium sales were 40.7 percent below last year The interesting ...

Not according to Dataquick. Sales have slowed but prices are not dropping. Some say I should add a "yet" to the end of that sentence.  Foreclosures have not yet had a marketwide effect on prices, although foreclosure discounts seem to be popping up in some local Inland Empire and High Desert markets.   All Home Sales No ...