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California homes sales drop

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the first annual price drop in the region in seven years, real estate data firm corelogic reported friday, April 26. The median price of a Southern California home, or the price at the midpoint of all.

Homeownership still considered best long-term investment: Pew Despite the financial crisis, respondents still considered real estate the best long-term investment-which "baffles" Rampell because, by her calculations, home prices have risen at a.

California housing crisis reaches boiling point Find homes for sale and other real estate listings are available for Elk Grove, CA 95624. Homes for sale in the 95624 zip code area are available on realtor.com.

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Median sale prices stay at $525,000. Overall, 4,862 homes sold last year. Across all of Southern California, 14,891 homes sold last month, which is 13.5 percent lower than the February average since 1988. While the number of homes sold dropped overall, sales over $500,000 rose 11 percent since February of 2016.

June marked the slowest home sales month for California in four years. The state saw an almost 10 percent year-over-year drop in transactions, according to a report by CoreLogic.

For 2017 as a whole, a preliminary 423,760 homes closed escrow in California, up 1.4% from 2016’s pace of 417,720. After a strong first quarter start to 2017, sales momentum lost steam throughout the remainder of the year, and year-to-date sales growth declined steadily to hit the lowest level at the end of the year.

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With the current run in prices no one is going to help you unless you help yourself when home prices drop by 50% again. You can say its a moral question, but I have a family to take care of.. California Real Estate Bay Area RE Trends; Bubble Meter. The content on Dr. Housing Bubble Blog is.

South OC Home Sales Drop In First Quarter – Orange County, CA – Trying to sell a home in Orange County? It may take longer in the next few months, experts say.

Southern California posted a year-over-year sales drop of 17.8 percent, with declines of 16.3 percent in Los Angeles County, 18.3 percent in Orange County and 19.8 percent in the Inland Empire.

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