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 ...