Saturday, February 16, 2008

January Southern California Home Sales Slowest in 20 Years

DataQuick reports that "Southern California home sales dipped below 10,000 transactions for the first time in more than 20 years last month as most potential buyers and sellers appear to be waiting out market turbulence... Last month's sales total was the lowest for any month in DataQuick's statistics, which go back to 1988. Since September, sales for each calendar month were a record low for that particular month."

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