Jun 30 2008
Is Oil Having an Impact on Housing? Taking a Look at Los Angeles County.
High gas prices are nothing new to those that live in Southern California. But there is something surreal about seeing prices quickly approach $5 per gallon. In fact, as you scroll through the list of your local gas station options, you’ll already see $5 a gallon for diesel serving as a highlight of [...]
Jun 29 2008
California Home Prices Down 35% From a Year Ago. Sales are up due to Distress Sales.
There may be a silver lining in falling prices and that is, homes are selling. Maybe not at the blistering pace of the early 2000s but there is definitely a minor jump in those searching for bargains in the now heavily hit California market. Incredibly prices are down statewide by a stunning 35%, the worst [...]
