Friday, March 05, 2004

California Association of Realtors announces real estate condo market is strong

The California Association of Realtors (C.A.R.) announced that 2003 was the eighth straight year in a row that sales in the condo - coop market set records.

As single family home prices skyrocket, the demand for condos is strong in our Los Angeles real estate market. The home buyers are turning to condominiums and townhouses for affordable housing.

C.A.R. also announces median home price in California for January

The California median home price in January 2004 is reported to be $405,720.

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